The Debt Management Office has opened subscriptions for the June 2025 Federal Government of Nigeria Savings Bonds, offering interest rates of up to 17.121% per annum The subscription window opened on Monday, June 2, 2025, and will close on Friday, June 6, 2025. This was disclosed by DMO via X (formerly Twitter) on Monday stating, […]
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The Federal Government is taking steps to modernize public service delivery by adopting emerging technologies such as Artificial Intelligence, Machine Learning, Blockchain, and Robotic Process Automation across its Ministries, Departments, and Agencies. This was revealed at the 2025 ITGOV Conference by the Director General of the Bureau of Public Service Reforms, Dr. Dasuki Arabi, who […]
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The Federal Government has relaunched the National Talent Export Programme, naming development finance expert Teju Abisoye as Director-General to spearhead Nigeria’s drive to capture a significant share of the $1 trillion global outsourcing market. Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole, announced the relaunch in Lagos on Friday describing the programme as a […]
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The Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani, announced that the Federal Government plans to establish 7,000 digital hospitals in rural communities. He made this disclosure on Wednesday in Abuja while unveiling a digital hospital and school in the Ibwa 2 community, located in Gwagwalada, Federal Capital Territory. The Minister stated that […]
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The Nigerian Federal Government has secured a $134 million loan from the African Development Bank to enhance seed and grain production, aiming to strengthen food security and drive economic growth through agriculture. The announcement was made by Sen. Abubakar Kyari, Minister of Agriculture and Food Security, during the launch of the 2024/2025 National Dry Season […]
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The Federal Government has reintroduced the $300 levy on offshore helicopter landings, this time assigning the payment responsibility to oil companies instead of helicopter operators. Minister of Aviation and Aerospace Development, Festus Keyamo, announced the policy shift during an interview on Arise TV on Tuesday. Keyamo noted that helicopter operators initially opposed the $300 offshore […]
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The Federal Government has provided clarification regarding President Bola Tinubu’s request to the National Assembly for approval of a new $21.5 billion external borrowing plan, which is part of the proposed borrowing strategy for 2025-2026. In a press statement on Tuesday, the Director of Information and Public Relations at the Federal Ministry of Finance, Mohammed Manga, […]
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Nigeria and Venezuela have reaffirmed their commitment to strengthening economic and diplomatic relations with an agreement to launch direct flights between Abuja and Caracas. The move marks 60 years of diplomatic ties between the two nations and aims to boost trade, tourism, and cultural exchange. The two oil-producing nations, both members of the Organisation of […]
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The Nigerian Airspace Management Agency has reignited a contentious dispute with helicopter operators as NAMA moves to reintroduce the controversial $300 helicopter landing fee, according to an internal memo obtained by The PUNCH. The directive, dated May 15 and signed by NAMA’s General Manager of Air Traffic Control Operations, Akut D.S., instructs two private firms […]
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The Federal Government has begun disbursing the N35,000 wage arrears to federal civil servants nationwide. According to a statement released on Monday by the Office of the Accountant-General of the Federation, many government workers have already received their payment alerts, while others are expected to receive theirs soon. The Director of Press and Public Relations […]
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The Federal Ministry of Industry, Trade and Investment, in partnership with the United Nations Development Programme and Uganda Airlines, has officially launched the Nigeria–East/Southern Africa Air Cargo Corridor. This groundbreaking export initiative operates under the African Continental Free Trade Area framework. At the event held on Africa Day at Nnamdi Azikiwe International Airport, Abuja, Minister […]
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The Nigerian Federal Government has ramped up efforts to resuscitate the nation’s struggling steel industry, with a strategic inspection visit to Premium Steel and Mines Limited, formerly Delta Steel Company, in Ovwian-Aladja, Delta State. The move signals a renewed push to restore Nigeria’s steel assets as part of a broader economic revitalization plan. Led by […]
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