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News

FG opens applications for creative economy development fund

The Federal Government of Nigeria has officially opened applications for the Creative Economy Development Fund—a newly approved initiative designed to provide sustainable financing for the country’s creative and cultural industries. This initiative announced by the Federal Ministry of Arts, Culture, Tourism, and Creative Economy, was recently approved by the Federal Executive Council and marks a […]

Oil and Gas

Minister leads energy operators to gas conference in China

Nigeria is set to make a powerful impression at the World Gas Conference 2025, with a delegation spearheaded by Ekperikpe Ekpo, Minister of State for Petroleum Resources, the Nigerian Gas Association announced. The triennial gathering of global energy leaders will see robust participation from Nigeria’s government and energy sector. According to the NGA, Ekpo will […]

Electricity

FG revives abandoned rural power projects nationwide

The Federal Government of Nigeria has deployed contractors to resume work on all previously abandoned rural electrification projects across the country, according to Abba Aliyu, Managing Director and Chief Executive of the Rural Electrification Agency. The REA, tasked with overseeing rural electrification nationwide, is driving the initiative to ensure completion of these critical infrastructure projects. […]

Business

FG partners Emirates Airline to boost tourism

The Federal Government, through the Ministry of Art, Culture, Tourism, and Creative Economy, has partnered with Emirates Airline to sign a Memorandum of Understanding aimed at boosting tourism in Nigeria. This was disclosed in a statement by the tourism ministry, adding that the agreement was formalized during the 2025 Arabian Travel Market in Dubai, on […]

News

FG begins talks to unlock N1.5tn road investments

The Federal Government has initiated high-level talks with private concessionaires prepared to invest over N1.5 trillion in Nigeria’s road infrastructure but whose projects have stalled due to unresolved administrative challenges. At a meeting on Wednesday in Abuja, the Minister of Finance and Coordinating Minister of the Economy, Wale Edun; the Minister of Budget and Economic […]

News

No immediate ban on solar panel imports – FG

The Nigerian Federal Government has postponed its proposed ban on photovoltaic solar panel imports, opting for a gradual approach to bolster domestic manufacturing, according to the Managing Director and CEO of the Rural Electrification Agency, Abba Aliyu. In an interview, Aliyu clarified that no immediate import restrictions are under consideration, according The Punch. While Nigeria […]

FG deducts N256.5bn for gas projects in six months
News

FG to clear N35,000 wage award arrears for civil servants

The Federal Government of Nigeria has unveiled plans to settle outstanding N35,000 wage award arrears owed to federal civil servants, addressing long-standing financial commitments to public sector workers. In a statement released Monday by the Office of the Accountant-General of the Federation, the Director of Press and Public Relations, Bawa Mokwa, confirmed that the payments […]

News

Nigeria begins activation of $1.1b green imperative project

The Presidential Food Systems Coordination Unit announced that implementation structures for the $1.1 billion Green Imperative Project are now being activated across Nigeria. This development follows the Unit’s 5th Steering Committee (STEERCO) meeting held recently in Abuja. six regional offices are being finalized to help onboard 774 mid-sized commercial farms and to set up six […]

News

No more dumping, FG bans waiver for threaded pipes importation

The Federal Government has officially prohibited the issuance of waivers for importing threaded pipes used in Nigeria’s oil and gas industry. This move is aimed at boosting local production and strengthening Nigeria’s local content policy. The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, issued the directive to the Nigerian Content Development and Monitoring […]

The Federal Government, through the Debt Management Office, has announced plans to reopen two tranches of its savings bonds worth a combined N350 billion for public subscription.
News

FG to auction N350bn bonds at N1,000 per unit on April 28

The Federal Government, through the Debt Management Office, has announced plans to reopen two tranches of its savings bonds worth a combined N350 billion for public subscription. The bond auction is scheduled to hold on April 28, 2025. According to a statement released by the DMO on Tuesday, each bond will be offered at N1,000 […]

Maritime

FG launches access to $25m in cabotage vessel financing fund 

The Minister of Marine and Blue Economy, Adegboyega Oyetola, has announced that qualified applicants are now eligible to access up to $25 million each from the Cabotage Vessel Financing Fund at competitive interest rates. This was revealed in a statement issued by his Special Adviser on Media and Communications, Dr. Bolaji Akinola. Oyetola also instructed […]

FG signs €995m deal to boost Nigerian agriculture sector
News

FG unveils green money project to empower youth in agriculture

The Federal Government has launched the Green Money Project, a presidential initiative aimed at empowering young Nigerians through modern agricultural practices. The project was inaugurated by Abiodun Yinusa, Special Assistant to President Bola Tinubu on Agriculture, during an event at the Federal University of Agriculture, Abeokuta on Wednesday. Yinusa explained that the initiative seeks to […]

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