Business

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

Nigeria’s IMTO inflows surge 45% to record $1.29bn

  • 19th August 2026

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How FG spent N15.8tn subsidy removal savings

Business

FG spent N9.39tn on wage hike, allowances in 31

Finance

Amazon eyes 500 US cities in major drone delivery

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FG reveals ₦15.8tn gains from subsidy, FX reforms

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Business

FG sets uniform prices for Renewed Hope housing units nationwide

The Federal Government has set uniform sale prices for housing units under its Renewed Hope Estate Programme across all states of the federation. This was disclosed in a statement on Thursday, by the Director of Press and Public Relations at the Federal Ministry of Housing and Urban Development, Badamasi Haiba. The units—comprising one-, two-, and […]

Business

FG launches federal treasury receipt for payment transparency

The federal government has introduced the Federal Treasury Receipt, a pioneering reform that provides a single, standardized, and digitally verifiable proof of all payments into federal accounts. The initiative is designed to ensure that every government-issued receipt accurately reflects funds received, enhancing accountability, preventing revenue leakages, and boosting public confidence in the management of national […]

Maritime

FG launches drive to modernise ports beyond Lagos

The Minister of Marine and Blue Economy, Adegboyega Oyetola, has revealed that the Federal Government has begun procuring services and equipment to modernise seaports outside Lagos, aiming to promote balanced development across Nigeria’s maritime hubs. He made the disclosure on Wednesday in Lagos during the 2025 Chartered Institute of Logistics and Transport Nigeria Conference, themed, […]

Investment

FG plans $220m investment for youth job opportunities

The Federal Government of Nigeria has concluded plans to invest $220 million in creating employment opportunities for young Nigerians. Vice-President Kashim Shettima made this disclosure on Wednesday while officially inaugurating the Nigeria Jubilee Fellows Programme 2.0 at the Presidential Villa, Abuja. This significant initiative will be spearheaded in collaboration with the European Union and the […]

Business

FG orders MDAs to submit all bank account statements

MDAs to submit The Federal Government, via the Office of the Accountant-General of the Federation, has directed all Ministries, Departments, and Agencies to submit their account statements held in commercial banks. According to the government, the directive is part of efforts to uphold financial discipline. The instruction was communicated in a memo signed by Accountant-General […]

featured News

FG to launch national campaign to promote made-in-Nigeria goods

The Federal Government is set to launch a nationwide campaign to promote Made-in-Nigeria goods and services under the Nigeria First policy as a crucial step in revitalizing the manufacturing sector. President Bola Tinubu made this announcement in Lagos at the fifth Adeola Odutola lecture organized by the Manufacturers Association of Nigeria. The President was represented […]

Minister threatens to revoke Kogi-Benin Road contracts
Business

FG assures Ore–Ondo–Akure road meets global engineering standards

The Federal Government on Thursday dismissed public concerns about the type of reinforcement materials used in the ongoing reconstruction of the Ore–Ondo–Akure Road, assuring that the project fully meets approved engineering specifications and international design standards. Minister of Works, Senator Dave Umahi, gave the clarification during an inspection tour of the project at Ajue community […]

News

Nigeria eyes stronger reserves with locally mined gold initiative

The federal government has reaffirmed its commitment to bolstering Nigeria’s foreign reserves through a strategic gold acquisition programme that reduces dependence on the US dollar. This was disclosed by the Minister of Solid Minerals Development, Dr. Oladele Alake, at the ongoing 10th edition of Nigeria Mining Week in Abuja. Dr. Alake explained that the initiative […]

Business

FG unveils national job centre to tackle unemployment

The Federal Government has unveiled the National Job Centre Project, a nationwide network of employability hubs aimed at linking skilled Nigerians to job opportunities and strengthening the country’s labour market system. In a statement by the Federal Ministry of Labour and Employment, the Minister of State, Rt. Hon. Nkeiruka Onyejeocha, announced the initiative during the […]

92 million Nigerians without access to electricity - FG
Electricity

FG finalizes ₦4trn bond to settle GenCos debts

The Federal Government has finalized the implementation frameworks for a massive ₦4 trillion government-backed bonds to settle verified outstanding arrears owed to power Generation Companies and gas suppliers. This significant development was disclosed in a statement made available to newsmen in Abuja by the Special Adviser to the President on Energy, Mrs. Olu Verheijen. The […]

EU rules out fee for tech giants under digital markets act
Business

Nigeria secures N320bn EU loan to boost agribusiness

Nigeria’s agricultural sector is set to receive a major financing boost as the European Union has approved a €190 million (about ₦320.5 billion) credit line to expand lending to farmers and agribusinesses through local commercial banks and development finance institutions. The facility, provided by the European Investment Bank, was unveiled during a bilateral meeting between […]

Minister threatens to revoke Kogi-Benin Road contracts
News

FG commissions reconstructed Port Harcourt road in Aba

The Federal Government has inaugurated the reconstructed 6.7-kilometre Port Harcourt Road in Aba, marking a key milestone in Abia State’s ongoing infrastructure renewal and economic revitalisation drive. President Bola Tinubu, represented by the Minister of Works, Dave Umahi, hailed the project’s completion as a “miracle” made possible through the collaboration of the Federal Government, the […]

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