Business
Naira closes week stronger at N1,534.72/$ 

CBN’s new diaspora remittance rules to open market

  • 27th March 2026

Middle East conflict threatens Nigeria’s economy – Cardoso

  • 27th March 2026

FG launches major reform to revamp Nigeria’s cooperative

  • 27th March 2026

Tinubu expands CNG initiative to include electric vehicles

  • 27th March 2026

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Naira closes week stronger at N1,534.72/$ 

CBN’s new diaspora remittance rules to open market

Business

Middle East conflict threatens Nigeria’s economy – Cardoso

Business

NNPCL targets 600tn cubic feet gas reserves expansion

Oil and Gas
Elon Musk’s xAI secures $10bn in funding to expand AI

Dutch court orders Musk’s xAI to halt sexualised image

Tech

Tag: FG

Business

Ajaokuta steel company in good shape – FG

The Federal Government has declared that Ajaokuta Steel Company is in good shape, contrary to recent media reports. In a statement signed by Head of Press and Public Relations Department at the Ministry of Steel Development, Salamatu Jibaniya, the government emphasized its commitment to developing Nigeria’s steel sector, including the resuscitation of Ajaokuta Steel Company […]

Finance

Nigeria secures $10bn in external loans in two years

The Federal Government has secured external loans worth over $10 billion in the last two years, but only about $5 billion, roughly half of the secured amount, has been disbursed so far. According to data from the Debt Management Office, these loans were contracted from multilateral organizations, regional financial institutions, and the International Capital Market […]

News

FG disburses N330bn in cash transfers to poor households

The Federal Government has disbursed N330 billion in cash transfers to poor and vulnerable Nigerians through the National Social Safety-Net Coordinating Office. Minister of Finance and Coordinating Minister of the Economy, Wale Edun, announced that the programme is part of President Bola Tinubu’s strategy to cushion the impact of subsidy removal and exchange rate reforms […]

Nigeria expecting $2.2bn loans from World Bank - Minister
News

FG disburses N330b cash transfers to poor, vulnerable households

The federal government has disbursed about N330 billion in direct cash transfers to poor and vulnerable households nationwide under its revamped social protection programme. Minister of Finance and Coordinating Minister of the Economy, Wale Edun, disclosed this on Wednesday in Abuja. He explained that the government had resumed full implementation of the national social safety […]

Food

FG unveils agric incentives, targets 21m jobs creation

The Federal Government has announced new agricultural incentives aimed at generating 21 million jobs and boosting food security. Vice President Kashim Shettima unveiled the reforms at the Food and Agriculture Organisation’s National and Subregional Hand-in-Hand Investment Forum in Abuja. According to Shettima, Nigeria can secure food sufficiency by fully tapping its irrigation capacity. “Strategic investment […]

Business

FG sues Meta, X over Sowore anti-Tinubu post

The Federal Government has filed a five-count criminal charge against politician and activist Omoyele Sowore, accusing him of cyberbullying President Bola Ahmed Tinubu through social media posts. Court filings obtained show that the case, marked FHC/ABJ/CR/484/2025, was lodged at the Federal High Court in Abuja and also names Meta (Facebook) Inc. and Elon Musk’s X […]

Dangote Refinery loses N32.5bn after petrol price cut
Oil and Gas

Protect Dangote Refinery from sabotage, NANS tells FG

The National Association of Nigerian Students has called on the federal government to protect Dangote Refinery and its facilities, including trucks from sabotage by elements opposed to the positive impact the company is having in the oil and gas sector in the country. This is just as the student body is calling for an amicable […]

Honda boosts food production with new mechanised equipment
Agribusiness

FG to distribute 2,000 tractors, boost year-round farming

The Minister of Agriculture and Food Security, Abubakar Kyari, has announced that the Federal Government will soon distribute 2,000 tractors to farmers nationwide to support dry-season and all-year farming. In an interview with ARISE News on Friday, Kyari noted that the tractors and implements, commissioned earlier in the year, are intended for practical use in […]

Business

FG, Afreximbank sign $500m deal for gas infrastructure

The federal government, through the Midstream and Downstream Gas Infrastructure Fund, has entered into a memorandum of understanding with Afreximbank to mobilise $500 million over the next four years for major gas infrastructure projects. In a statement issued on Thursday, the government said the investment will drive the development of pipelines, processing plants, liquefied natural […]

Telecommunications

FG scraps 5% telecom tax on calls, data

The Federal Government has officially removed the five per cent excise duty earlier imposed on telecommunications services in Nigeria, a decision expected to reduce cost pressures for millions of mobile subscribers. The National Orientation Agency disclosed the development in a post on its official X handle on Thursday, noting that the step reflects the Tinubu […]

Lebanon to sell unlimited US dollars to save crashing pound
Opinion

CITM cautions FG against new borrowing

The Chartered Institute of Treasury Management has cautioned the Federal Government against new borrowing, saying such could plunge the country into debilitating debt. Registrar of CITM, Mr Olumide Adedoyin gave the warning in a statement on Wednesday in Abuja against the backdrop of new borrowing and mounting debt by the federal government. According to him, […]

Minister threatens to revoke Kogi-Benin Road contracts
Business

FG reserves NNPCL road contracts below N20bn for indigenous firms

The Federal Government has ordered that all Nigerian National Petroleum Company Limited Tax Credit road projects valued below N20 billion be awarded solely to indigenous contractors, excluding foreign firms from participation. The directive, introduced by the Ministry of Works under its “Nigeria First” initiative, is designed to boost local involvement in infrastructure development. Works Minister […]

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