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Iran, Oman to agree on Strait of Hormuz service

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Nigeria, UK renew security pact against cyber terrorism

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Allen Onyema urges boycott of S’Africa over xenophobic attacks

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Nigeria, Venezuela launch Abuja-Caracas flights, mark 60-years diplomatic ties

Nigeria and Venezuela have reaffirmed their commitment to strengthening economic and diplomatic relations with an agreement to launch direct flights between Abuja and Caracas. The move marks 60 years of diplomatic ties between the two nations and aims to boost trade, tourism, and cultural exchange. The two oil-producing nations, both members of the Organisation of […]

Aviation

Operators clash with FG over helicopter landing fee

The Nigerian Airspace Management Agency has reignited a contentious dispute with helicopter operators as NAMA moves to reintroduce the controversial $300 helicopter landing fee, according to an internal memo obtained by The PUNCH. The directive, dated May 15 and signed by NAMA’s General Manager of Air Traffic Control Operations, Akut D.S., instructs two private firms […]

FG begins construction of 700km Lagos-Calabar highway
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FG begins payment of N35,000 wage arrears to civil servants

The Federal Government has begun disbursing the N35,000 wage arrears to federal civil servants nationwide. According to a statement released on Monday by the Office of the Accountant-General of the Federation, many government workers have already received their payment alerts, while others are expected to receive theirs soon. The Director of Press and Public Relations […]

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FG launches intra-African air cargo corridor with 50% discount

The Federal Ministry of Industry, Trade and Investment, in partnership with the United Nations Development Programme and Uganda Airlines, has officially launched the Nigeria–East/Southern Africa Air Cargo Corridor. This groundbreaking export initiative operates under the African Continental Free Trade Area framework. At the event held on Africa Day at Nnamdi Azikiwe International Airport, Abuja, Minister […]

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FG moves to revive steel industry

The Nigerian Federal Government has ramped up efforts to resuscitate the nation’s struggling steel industry, with a strategic inspection visit to Premium Steel and Mines Limited, formerly Delta Steel Company, in Ovwian-Aladja, Delta State. The move signals a renewed push to restore Nigeria’s steel assets as part of a broader economic revitalization plan. Led by […]

Aviation

FG shifts aviation policy to prioritize local airlines

The Federal Government has announced a shift in its aviation policy, opting to focus on strengthening local airlines rather than pursuing the creation of a national carrier. This new direction was disclosed by the Minister of Aviation and Aerospace Development, Festus Keyamo, at the launch of a book titled “100 Years of Civil Aviation in […]

Aviation

FG to sanction airlines flying passengers without visas into Nigeria

The Minister of Interior, Olubunmi Tunji-Ojo, has announced that airlines flying passengers into Nigeria without valid visas will face sanctions. Speaking at a sensitization programme on the newly launched e-visa policy in Lagos on Friday, Tunji-Ojo said the enforcement measure follows consultations with the Minister of Aviation and Aerospace Development, Festus Keyamo, and the Director […]

Business

FG eyes N300b from FGN bond market in May 

The Federal Government of Nigeria, via the Debt Management Office, aims to raise N300 billion from the domestic bond market in May 2025, marking a 12.5% decline from the N350 billion offered in April 2025. This reduction suggests a moderate adjustment in borrowing strategy, possibly reflecting improved fiscal conditions, lower immediate funding requirements, or strategic […]

Business

FG bans fuel tankers from night-time operations nationwide

The Nigerian Federal Government, through the Nigerian Midstream and Downstream Petroleum Regulatory Authority, has introduced a new regulation prohibiting fuel tankers from operating at night, effective immediately. The announcement was made by NMDPRA Chief Executive, Farouk Ahmed, during a sensitization program for petroleum tanker drivers in Lagos on Wednesday. The event, organized in collaboration with […]

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FG to sell 753 recovered housing units from Emefiele

The Ministry of Housing and Urban Development has taken possession of a 753-unit housing estate previously owned by embattled former Central Bank Governor, Godwin Emefiele. According to the ministry, the property was formally handed over by the Economic and Financial Crimes Commission on Tuesday at its headquarters in Mabushi, Abuja. The Director of Press and […]

FG deducts N256.5bn for gas projects in six months
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Tinubu grants approval for multibillion-dollar kolmani oil project

President Bola Tinubu has granted all necessary regulatory approvals for the issuance of critical licences for the Kolmani Integrated Development Project, a multibillion-dollar oil exploration initiative situated between Bauchi and Gombe States. This was disclosed by the Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, during the flag-off ceremony for the permanent site […]

BPP boss promotes procurement process enforcement
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FG approves revised procurement thresholds for MDAs

The Bureau of Public Procurement has announced a major revision of procurement thresholds for federal Ministries, Departments, and Agencies, aimed at streamlining contract award processes and reducing bureaucratic bottlenecks. In a statement issued by the Head of Public Relations at the BPP, Zira Nagga, the adjustments were approved by President Bola Tinubu and are intended […]

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