Business

Ekiti approves ₦3bn for new high court office

  • 19th August 2026

How FG spent N15.8tn subsidy removal savings

  • 19th August 2026

US tightens green card screening with new public

  • 19th August 2026

Christ Embassy enters vehicle market, unveils electric cars

  • 19th August 2026

Contact Info

Some Populer Post

FG borrowed ₦11.9tn in 31 months, says Oyedele

Finance

States’ 2026 budgets rise 47.5% to ₦40.14tn

Finance

Gombe approves ₦148.762m monthly subvention for state university

Finance

Ekiti approves ₦3bn for new high court office complex

Business

Tag: FG

Business

FG pays nearly $3bn on Eurobond servicing

The Federal Government has spent approximately $2.93 billion on servicing Eurobond debt over eight quarters under President Bola Tinubu, according to Debt Management Office records. The data, spanning Q3 2023 to Q2 2025, show that Eurobond repayments made up 31.5 percent of Nigeria’s total external debt service of $9.32 billion during this period. Notably, interest payments dominated the […]

Agribusiness

FG targets ₦160bn wheat output, registers 80,000 farmers

The Federal Government announced on Saturday that it has allocated 40,000 hectares of land for the 2025/2026 dry season wheat production, simultaneously registering 80,000 farmers for the program, with the projected output valued at approximately ₦160 billion. The Minister of Agriculture and Food Security, Abubakar Kyari, revealed these figures during the official flag-off ceremony of […]

Business

FG partners 100 countries to enforce remote workers’ tax compliance

Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has disclosed that Nigeria has signed agreements with over 100 countries to obtain data on remote workers as part of efforts to ensure proper tax compliance. Speaking at a webinar organised by the National Orientation Agency on Wednesday, themed “Simplifying Nigeria’s Tax […]

featured Oil and Gas

FG drops proposed 15% petrol import tariff — NMDPRA

The Nigerian Midstream and Downstream Petroleum Regulatory Authority announced on Thursday that it has abandoned plans to impose a 15 percent duty on imported petroleum products. This was disclosed in a statement by NMDPRA’s Director of Public Affairs, George Ene-Ita, who also urged the public to avoid panic buying. On October 29, President Bola Tinubu […]

Business

FG, firm sign deal for 8MW hydropower projects

The Federal Government, in partnership with Quaint Energy, has signed a concession agreement to develop two hydropower projects with a combined capacity of 8 megawatts in Oyo and Kogi States. The agreement, finalized on Wednesday in Abuja, covers the 6MW Ikere Gorge Hydropower Project in Oyo State and the 2MW Omi-Kampe Hydropower Project in Kogi […]

Business

FG condemns misuse of frontier exploration fund, vows probe

The Federal Government has condemned the diversion and misuse of Nigeria’s Frontier Exploration Fund, overseen by the Nigerian Upstream Petroleum Regulatory Commission, warning that those responsible will be held accountable. Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, made the remarks on Monday in Lagos at the 43rd Annual International Conference and Exhibition of […]

Business

FG plans NNPC asset restructure amid low oil output

The Presidency is set to restructure asset ownership in the Nigerian National Petroleum Company Limited over concerns about its low oil output. Presidential Adviser on Energy, Olu Verheijen, disclosed this on Monday at the Nigerian Association of Petroleum Explorationists Conference in Lagos. Verheijen unveiled a plan to revitalise Nigeria’s oil and gas industry, emphasising energy […]

News

FG plans massive enrolment for one million out-of-school children

The Federal Government has disclosed comprehensive plans to ensure that over one million out-of-school children across the country are successfully returned to the mainstream education system. The Minister of Education, Dr. Tunji Alausa, made this announcement at the ongoing 69th summit of the National Council of Education in Akure, which is operating under the theme, […]

featured

FG to unveil emergency passport for Nigerians abroad

The Nigeria Immigration Service has unveiled plans to introduce a Single Travel Emergency Passport to replace the current Emergency Travel Certificate for Nigerians abroad. Comptroller-General of Immigration, Kemi Nanna Nandap, stated that the new document is part of ongoing reforms aimed at strengthening identity management and border governance in line with global best practices. She […]

Business

FG may sell local refineries to combat Dangote refinery dominance

The Federal Government has signaled that it may privatize its state-owned refineries to attract investment, enhance competition, and improve efficiency in the downstream oil sector, which is currently dominated by the Dangote Refinery. The announcement came from President Bola Tinubu’s Special Adviser on Energy, Olu Verheijen, during an interview with Bloomberg TV anchor Joumanna Bercetche […]

Telcos to receive $1bn network equipment in July — Minister
Economy

FG to invest ₦12bn in digital economy research projects

The Federal Government on Tuesday said it would invest ₦12 billion to fund digital economy research projects to ensure the country benefits from digital transformation dividends. The Minister of Communications and Digital Economy, Dr. Bosun Tijani, said this at the opening ceremony of the 18th edition of the International Conference on Theory and Practices of […]

News

FG grants temporary access to Lagos-Calabar highway following Lekki accident

The Federal Government has authorized the temporary use of the Lagos-Calabar Coastal Highway in Lagos following a truck accident on Monday in the Chisco area of Lekki, which led to heavy traffic congestion. According to a statement from the Lagos State Ministry of Transportation, the Federal Ministry of Works approved the highway’s temporary opening to […]

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Email Us: [email protected]

ambusinessng @2025. All Rights Reserved.

Facebook-f Pinterest-p Youtube Instagram Linkedin-in