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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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Crude supply to local refineries hits 58.8m barrels

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FG reaffirms drive to strengthen national power sector

The Managing Director and Chief Executive Officer of the Federal Government of Nigeria Power Company, Kenny Anuwe, has reaffirmed President Bola Tinubu’s administration’s commitment to strengthening electricity supply across the country. Anuwe said the government recognises that reliable power is essential to national development and has been making significant investments to tackle persistent challenges in […]

Transportation

FG launches new leasing scheme for motorcycle, tricycle operators

The Federal Government has unveiled a new leasing model aimed at replacing what it described as exploitative hire purchase arrangements for motorcycle and tricycle operators across the country. The initiative, introduced through the Equipment Leasing Registration Authority in partnership with Century Information Systems Ltd. and the National Commercial Tricycle and Motorcycle Owners and Riders Association […]

Business

Presidential council orders MDAs to suspend new policies

The Presidential Enabling Business Environment Council has instructed Ministries, Departments, and Agencies to halt the rollout of new policies and regulatory changes, aiming to shield businesses from potential disruptions. The directive was announced on Monday in Abuja by PEBEC Director-General, Princess Zahrah Mustapha-Audu. According to the Council, the measure aligns with the Federal Government’s wider […]

Policy and Regulations

FG to establish cybersecurity council over rising cyber threats

The Federal Government has announced plans to establish a national cybersecurity coordination council to strengthen Nigeria’s capacity to fight growing cyber threats. Vanguard reported that in a statement issued over the weekend, the Federal Ministry of Communications, Innovation and Digital Economy said the proposed council will serve as a multi-stakeholder platform to enhance coordination, information […]

Business

Tinubu appoints Shu’aibu Aliyu as PTDF executive secretary

President Bola Ahmed Tinubu has approved the appointment of Professor Shu’aibu Shehu Aliyu as the new Executive Secretary of the Petroleum Technology Development Fund. The President also renewed the tenure of Engineer Sule Ahmed Abdulaziz as the Managing Director and Chief Executive Officer of the Transmission Company of Nigeria. The appointments take immediate effect, according […]

Aviation

Keyamo links Nigerian airline growth to aircraft financing challenges

The Minister of Aviation and Aerospace Development, Festus Keyamo, has linked the slow growth of Nigerian airlines to their challenges in securing financing for modern aircraft to expand their fleets. He stated this in his keynote address at the maiden Nigeria Aircraft Acquisition and Investment Summit 2026, currently underway at the Federal Palace Hotel, Victoria […]

FG opens applications for Girls in ICT competition
Business

FG launches $2bn digital economy research cluster

The federal government has unveiled a $2 billion digital economy research cluster aimed at driving academic innovation. The Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani, made this disclosure during the launch of the Digital Economy Research Clusters in Abuja. This initiative is a flagship component of Project BRIDGE (Building Resilient Digital Infrastructure […]

Business

FG raises gas price for power generation to $2.18/MMBTU

Nigeria’s fiscal burden from power sector subsidies is set to rise after the Federal Government, via the Nigerian Midstream and Downstream Petroleum Regulatory Authority, raised the price of natural gas for electricity generation to $2.18 per million British thermal units. The NMDPRA confirmed the adjustment in a public statement signed by its Chief Executive, Saidu […]

Telecommunications

FG to install 1,000 telecom towers in rural areas

The Federal Government has said it will deliver at least 1,000 telecommunications towers to rural communities in 2026 as part of efforts to expand digital connectivity and bridge access gaps across the country. The Minister of Communications, Innovation and Digital Economy, Bosun Tijani, disclosed this on Tuesday in Abuja during a press briefing on the […]

Business

FG unveils report to boost MSME access to $3.5tn AfCFTA market

The Federal Government of Nigeria has unveiled a report titled “Cross-Border Digital Payments and Identity in Nigeria under the AfCFTA”, designed to help Micro, Small, and Medium Enterprises tap into the $3.5 trillion African Continental Free Trade Area market. According to a statement by Stanley Nkwocha, Senior Special Assistant to the President on Media & […]

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FG partners SON, NAFDAC to battle counterfeit, substandard goods

The Federal Government has formalised a major agreement to deploy the Products Authentication and Tracking System, in a decisive move to tackle counterfeit and substandard goods and restore confidence in Nigeria’s markets. According to a statement by the ministry on Thursday, the agreement was signed in Abuja under a Public-Private Partnership arrangement, bringing together the […]

Business

FG to begin Lagos port upgrades in Q2 2026

The federal government has announced that upgrades to Lagos’ Apapa and Tin Can Island ports will begin in the second quarter of 2026 and are expected to be completed within 48 months. On March 19, Nigeria and the United Kingdom signed a £746 million export finance agreement to support the redevelopment of the two key […]

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