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Crude oil prices rise as Iran rules out

  • 17th August 2026

India-Nigeria trade hits $9bn, rises by 26%

  • 17th August 2026

High lending rates still threaten manufacturing sector recovery

  • 17th August 2026

FG resets profit-sharing terms to attract new deep

  • 17th August 2026

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Crude oil prices rise as Iran rules out talks

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Business

FG schedules Wednesday flight for stranded Nigerians in South Africa

Nigeria will begin evacuating its citizens from South Africa this week following anti-immigrant attacks and protests in Africa’s largest economy. The Federal Government has scheduled the first evacuation flight for Wednesday. This was disclosed in a text message by the spokesperson for the Ministry of Foreign Affairs, Kimiebi Imomotimi Ebienfa, according to Reuters. South Africa […]

Business

FG delays Nigerians’ evacuation from S’Africa over logistical challenges

The Federal Government has postponed the evacuation of the first group of Nigerians seeking to return from South Africa amid renewed xenophobic attacks against foreign nationals. The Ministry of Foreign Affairs disclosed the development on Monday, citing logistical constraints as the reason for the delay. According to the ministry’s spokesperson, Kimiebi Ebienfa, the evacuation flight, […]

featured News

Labour drags FG to ILO over ‘violations of rights’

The Organised Labour has dragged the Federal Government before the International Labour Organisation accusing authorities at both federal and state levels of systematic violations of workers’ rights, trade union freedoms and collective bargaining agreements in breach of international labour conventions. Vanguard reported that addressing the Committee on the Application of Standards, CAS, at the opening […]

Transportation

FG flags off ₦1.245trn Gombe-Biu highway dualisation project

The Federal Government has flagged off the N1.245 trillion reconstruction and dualisation of the 125km Gombe-Biu Highway, awarding the project to Hi-Tech Construction Company. The disclosure was contained in a statement made by Special Assistant to President Bola Ahmed Tinubu on Social Media, Dada Olusegun, on Friday. The project, which was officially launched in Gombe […]

Business

FG awards African quality mark to 131 Nigerian firms

The Federal Government on Thursday presented the African Quality Mark certification to 131 Nigerian companies for 220 Made-in-Nigeria products, in a bid to strengthen the competitiveness of local goods across the continent under the African Continental Free Trade Area African Continental Free Trade Area framework. The certification, also known as the ARSO Dual Mark, was […]

Policy and Regulations

FG seeks labour-friendly AI policies to protect Nigerians

The Federal Government has called for the development of inclusive and human-centred artificial intelligence policies that will protect workers’ rights, prevent job losses and ensure that the benefits of technological advancement contribute to economic growth and increased productivity. The PUNCH reported that the call was made by the Minister of Labour and Employment, Muhammad Dingyadi, […]

featured Investment

FG, World Bank slash funding for new classrooms in HOPE initiative

The Federal Government and the World Bank have restructured the $500m HOPE for Quality Basic Education for All programme. The restructuring involves cutting funding allocations tied to the construction of new classrooms while expanding the number of states eligible for targeted interventions under the project. Details of the restructuring were contained in a World Bank […]

Business

Nigeria, Türkiye sign MoU to boost solid minerals cooperation

Nigeria and the Republic of Türkiye have signed a Memorandum of Understanding to enhance bilateral cooperation in the solid minerals sector, in a bid to deepen economic ties between both countries. The agreement was concluded on the sidelines of the Istanbul Natural Resources Summit in Türkiye, according to a statement released by the Federal Government […]

Business

FG cancels $717.7m W’Bank power sector loan

The Federal Government has cancelled $717.7 million in undisbursed World Bank funding for Nigeria’s struggling power sector, effectively winding down the remaining tranche of a $1.52 billion electricity recovery programme. The decision comes amid growing tariff shortfalls, deepening financial strain, and ongoing implementation challenges in the industry. Documents from the World Bank website on Monday […]

News

FG urges stronger ECOWAS ties to fight border crimes, terrorism

The federal government has intensified calls for stronger cross-border cooperation among ECOWAS member states to combat transnational crime, terrorism and other border-related challenges threatening regional stability. The Director-General of the National Boundary Commission, Adamu Adaji, made the call during the annual stakeholders’ meeting on ECOWAS Cross-Border Cooperation held in Abuja. The regional meeting, hosted by […]

FG seeks investors for nationwide fibre optic project
Business

FG unveils platform to simplify public information access

The Federal Government has unveiled GovGuideNigeria, an artificial intelligence-powered platform designed to make government information and public services more accessible to Nigerians nationwide. Announcing the launch on Thursday via his X handle, Nigeria’s Minister of Communications, Innovation, and Digital Economy, Bosun Tijani said the initiative aligns with the government’s push to enhance public service delivery […]

Finance

FG releases 50% of 2025 scholarship arrears to Nigerian students abroad

The Federal Government has started releasing 50 per cent of outstanding 2025 Bilateral Education Agreement scholarship arrears to Nigerian students studying abroad. The development was disclosed in a statement issued by the Federal Ministry of Education and published on its official X page on Wednesday. The payment represents a partial settlement of backlog allowances owed […]

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