FG approves two new satellites for $1tn economy goal
The Federal Government has approved the purchase of two new communication satellites. This move aims to boost Nigeria’s digital infrastructure and support…
FG
FG hits full subscription for first power sector bond
The Federal Government has achieved full subscription for its N501 billion maiden power sector bond under the Presidential Power Sector Debt Reduction…
FG forms committee to restore Aluminium Smelter Company operations
The federal government has inaugurated an 11-member project delivery committee in a renewed effort to revive the Aluminium Smelter Company of Nigeria…
FG issues ₦501bn bond to settle power sector debts
The Federal Government has moved to address Nigeria’s estimated N4 trillion power sector debt as five power generation companies signed settlement agreements…
Contractors reject FG claim of ₦152bn payment
The All-Indigenous Contractors Association of Nigeria has rejected claims that its members have received ₦152 billion from the Federal Government, describing the…
Court hands over aircraft to FG over unpaid Customs duties
The Federal High Court sitting in Abuja has ordered the final seizure, condemnation and forfeiture of a Bombardier BD-700 Global 6000 aircraft…
FG allots ₦1.54tn in January 2026 bond auction
The Federal Government allocated a total of ₦1.54 trillion at its January 2026 bond auction, reflecting continued investor confidence in government securities…
FG allocates N580m for airport chillers, software upgrades
The Federal Government has earmarked N580 million for the purchase of chillers and software upgrades at airports as part of the N87.3…
Nigeria eyes Africa’s second-largest cloves production with 74,000 farmers
Nigeria is poised to become Africa’s second-largest commercial producer of cloves, with 74,000 farmers gearing up to participate in the country’s first-ever…
2026 budget: FG allocates N198.53bn for 9,230 intervention projects
An examination of the consolidated ZIP/ZIF master project sheet for the 2026 budget cycle reveals that the Federal Government has set aside…
FG bans payment for installing electricity meters, threatens prosecution
The Federal Government has banned electricity distribution companies and installers from collecting any form of payment for meters, warning that DisCo officials…
FG concessions Enugu international airport to Aero Alliance
The Federal Government has officially signed the concession agreement for Akanu Ibiam International Airport, Enugu, as part of its drive to modernise…