Business

MAN urges FG to guarantee steady crude supply

  • 10th May 2026

Crude supply to local refineries hits 58.8m barrels

  • 10th May 2026

17 Americans, others evacuated from cruise ship after

  • 9th May 2026
FG targets 6500 megawatts power generation in six months

Lagos grants 14 licences to boost power supply

  • 9th May 2026

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MAN urges FG to guarantee steady crude supply for

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US crude imports from Nigeria fall 15% in Q1

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US-Iran war may raise condom prices in Nigeria —

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Crude supply to local refineries hits 58.8m barrels

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Tag: FG

Aviation

FG to waive airlines’ debts over Jet A1 fuel crisis

The Federal Government has announced plans to waive debts owed by domestic airlines to aviation agencies as part of efforts to cushion the impact of the ongoing Jet A1 fuel crisis. The Minister of Aviation and Aerospace Development, Festus Keyamo, disclosed this during a high-level meeting in Abuja on Wednesday convened to address the sharp […]

FAAC funds to FG, states hit 7-year high in 2023
featured Finance

FAAC shares ₦2.04tn March revenue across FG, states, LGs

The Federation Account Allocation Committee shared a total of N2.04tn as revenue for March 2026, reflecting a N150bn increase from the N1.89tn distributed in February, amid stronger statutory inflows. The disclosure was contained in a statement issued on Wednesday by the Office of the Accountant-General of the Federation and signed by its Director of Press […]

Finance

FG targets ₦700bn in April domestic bond auction

The Federal Government plans to raise N700bn from the domestic bond market in April 2026, extending a gradual reduction in offer size as it continues to navigate elevated borrowing costs. Details from the April 2026 Federal Government of Nigeria Bond Offer Circular issued by the Debt Management Office showed that the auction is scheduled for […]

Coat of Arm
featured Finance

FG unveils new help desk for civil servants’ welfare

The Federal Government has taken a decisive step to address long-standing challenges in Nigeria’s public service welfare system by unveiling a new Employees’ Compensation Scheme Help Desk designed to eliminate bureaucratic delays and restore dignity to civil servants seeking their entitlements. For decades, Nigeria’s public service welfare architecture has carried a quiet but persistent burden. […]

Business

FG borrows N100bn from unclaimed dividends

The Federal Government has recorded a N100bn borrowing from unclaimed dividends and dormant bank accounts, according to new data from the Debt Management Office, which shows that funds held under the Unclaimed Funds Trust Fund have been converted into government securities. The latest figures from the DMO’s domestic debt stock report indicate that “UFTF FGN […]

Loan apps: FCCPC to address rising debt with new policy
Policy and Regulations

FG probes ‘sharp sharp’ loan operators over customers privacy data breach

The Federal Government says it is investigating the activities of some ‘sharp sharp’ loan operators over alleged violation of data privacy of customers. The National Commissioner, Nigeria Data Protection Commission, Mr Vincent Olatunji, said this in an interview with the News Agency of Nigeria on Tuesday. NAN reports that ‘Sharp Sharp’ loan operators, also known […]

Electricity

FG pays ₦418.79bn power subsidy as sector losses exceed ₦300bn

The Nigerian Electricity Regulatory Commission has disclosed that the Federal Government incurred a subsidy obligation of N418.79bn in the fourth quarter of 2025, even as inefficiencies across the electricity value chain led to losses exceeding N300bn during the period. The PUNCH reported that this was contained in the commission’s 2025 fourth-quarter report, which also highlighted […]

featured Helth

FG begins payment of CONMESS arrears to resident doctors

The Federal Government has commenced the payment of long-standing salary arrears owed to resident doctors under the Consolidated Medical Salary Structure, the Nigerian Association of Resident Doctors has confirmed. In a statement issued by its Publicity and Social Secretary, Dr. Abdulmajid Ibrahim, the association disclosed that disbursement of the arrears has already begun, with several […]

Business

Nigeria, Morocco advance transcontinental $25bn gas project

Nigeria and Morocco are moving closer to advancing their long-planned transcontinental gas project, with both countries set to sign an intergovernmental agreement this year for the $25bn pipeline. The deal is expected to formalise political and regulatory commitments for the ambitious initiative, marking a key milestone in the development of the proposed 6,900-kilometre African Atlantic […]

Policy and Regulations

FG unveils digital registration for car dealers nationwide

The Federal Government has launched the National Vehicle Dealership Registration Framework for car dealers in a decisive move to sanitise Nigeria’s auto market, improve traceability and unlock financing for industry players. The initiative, unveiled by the National Automotive Design and Development Council (NADDC) in Abuja on Friday, introduces a digital system mandating all car dealers […]

Business

FG begins assessment of $200bn integrated infrastructure proposal

The Federal Government has set up a technical committee to assess a proposed $200 billion integrated gas, power, and high-speed rail project submitted by De-Sadel Nigeria Limited. This was disclosed in a statement released on Thursday by the Office of the Secretary to the Government of the Federation. The proposal features a multi-phase infrastructure plan […]

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