News

AMCON Unveils Plan to Seize Nigerian Chronic Debtors’ Assets Abroad

The Asset Management Corporation of Nigeria (AMCON) has announced plans to expand its efforts in recovering assets from chronic debtors by engaging international asset tracers. This move aims to track down hidden assets abroad belonging to Nigerian debtors. AMCON’s Managing Director and Chief Executive Officer, Gbenga Alade, revealed these plans during a media briefing on […]

News

Fed Govt Slashes Allowances for Nigerian Students Studying Abroad

The Federal Ministry of Education has announced a 12.7% reduction in allowances for Nigerian students studying abroad under the Bilateral Educational Agreement (BEA) Scholarship. The reduction, attributed to ongoing economic challenges, affects students in countries including Russia, Morocco, Algeria, China, and Hungary. According to the report, the cut is a response to economic pressures. The […]

News

Nigerian Students Studying Abroad, Travelers To Pay 40k For Police Clearance

Nigerians travelling abroad, including students are now to pay N40,000 for Police Character Certificate (PCC), also known as Police Clearance Certificate. This followed a new directive from the Nigeria Police high command allegedly given on July 22, 2023, directing the increase of the fee for PCC from N5,000 to N40,000. Before this official hike, the […]