news update

EFCC Donates N50bn from Recovered Funds to Nigerian Education Loan Fund

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The Economic and Financial Crimes Commission (EFCC) has contributed N50 billion to support the Nigerian Education Loan Fund (NELFUND). EKO HOT BLOG reports that this announcement was made by the anti-corruption agency on Tuesday, August 13, 2024, during a courtesy visit to the EFCC headquarters in Abuja by the Fund’s Managing Director and Chief Executive … Read more

United States Will Be Broke By October 18 – Govt Official Raises Alarm

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United States

…the Treasury Department estimated it would run out of cash and accounting maneuvers at some point in October United States Treasury Secretary, Janet Yellen, has warned lawmakers that the federal government will likely run out of cash and extraordinary measures by October 18 unless Congress raises the debt ceiling. The new estimate from Yellen raises … Read more

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