Business

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

Contact Info

Some Populer Post

MAN urges FG to guarantee steady crude supply for

Business

US crude imports from Nigeria fall 15% in Q1

featured Oil and Gas

US-Iran war may raise condom prices in Nigeria —

featured News

Crude supply to local refineries hits 58.8m barrels

Business

Tag: FG

Business

FG unveils N12bn research scheme to drive digital economy policies

The Federal Government has called for expressions of interest under the National Digital Economy Research Clusters, a N12 billion funding initiative aimed at boosting research and strengthening evidence-based policymaking across Nigeria. The Minister of Communications, Innovation and Digital Economy, Bosun Tijani, disclosed this in a statement issued on Saturday. In line with this, the Ministry […]

Electricity featured

FG, GenCos clash over ₦6tn power debt reconciliation

The Federal Government and power generation companies have disagreed over the reconciliation of debts in Nigeria’s electricity market, with both sides offering differing accounts of the actual liabilities owed to the GenCos. The Minister of Power, Adebayo Adelabu, said the actual debt owed to generation companies may be significantly lower than widely reported, as ongoing […]

Business

FG launches major reform to revamp Nigeria’s cooperative sector

The Federal Government has unveiled a comprehensive reform plan aimed at repositioning Nigeria’s cooperative sector, including proposals to establish a cooperative bank and introduce a nationwide digital registry system. Speaking on Thursday at the 8th National Council on Cooperative Affairs in Abuja, the Minister of State for Agriculture and Food Security, Aliyu Abdullahi, said the […]

Business

FG approves partial settlement of N150bn contractors’ debt

The Federal Government has agreed to pay 35 percent of the N150 billion owed to indigenous contractors upfront, in a move aimed at resolving outstanding payment disputes. The President of the All Indigenous Contractors Association of Nigeria, Mr. Jackson Nwosu, confirmed the development after a meeting with the Minister of Finance, Mr. Wale Edun, according […]

Economy

FG launches OHOPRS to lift 50m Nigerians from poverty by 2030

The Minister of Humanitarian Affairs and Poverty Reduction, Dr. Bernard Doro, has inaugurated the “One Humanitarian-One Poverty Response System”, aimed at lifting 50 million Nigerians out of poverty by 2030. Doro unveiled the initiative at a National Technical Workshop for stakeholders in the humanitarian sector at the UN House in Abuja on Tuesday. The minister […]

Helth

FG injects $346m to end HIV, TB, malaria by 2030

Nigeria is ramping up efforts to eliminate tuberculosis, Tuberculosis, and HIV as public health threats by 2030. This will involve a bold shift toward domestic financing and the rollout of cutting-edge prevention tools. The Coordinating Minister of Health and Social Welfare, Prof. Muhammad Ali Pate, has said this. Speaking at the 2026 World TB Day […]

Helth

FG approves ₦32bn for health facilities nationwide

The Federal Government has approved the disbursement of N32 billion to health facilities under the Basic Health Care Provision Fund. This followed deliberations at the Ministerial Oversight Committee meeting. The Coordinating Minister of Health and Social Welfare, Muhammad Ali Pate, while speaking with journalists, explained that this is a quarterly meeting held to review the […]

Business

FG launches national single window to cut port delays

The Federal Government has rolled out Phase 1 of the National Single Window, a digital trade platform aimed at reducing cargo dwell time at Nigeria’s major ports from an average of 21 days to less than seven days by 2026. This was disclosed in a media briefing issued by the Office of the Honourable Minister […]

Business

FG moves to tackle gas shortages disrupting power supply

Nigeria’s federal government has said it is taking steps to tackle persistent gas shortages disrupting electricity generation, as power supply across the country remains unstable. Minister of Power, Adebayo Adelabu, made this disclosure in Abuja. Adelabu said that the government targeted interventions are already underway to improve gas supply to thermal power plants. For years, […]

Agribusiness

Farmers accessed ₦3.4trn credit in 2025 – FG

The federal government has revealed that farmers in Nigeria accessed credit schemes totaling N3.4 trillion in 2025 to enhance food production. Minister of Agriculture and Food Security, Abubakar Kyari, who did not specify the number of farmers involved, stated that this amount represents less than four per cent of agriculture’s contribution to the country’s GDP. […]

Aviation

FG launches ‘Fly Now Pay Later’ scheme for domestic flights

The Federal Government has launched a new consumer credit product called “Fly Now, Pay Later” to make domestic air travel more affordable and accessible for Nigerians. The initiative allows eligible passengers to book flights immediately and pay the cost in manageable installments over time. The Nigerian Consumer Credit Corporation, known as CREDICORP, announced the scheme […]

Finance

State govts demand forensic audit of FG’s crude-for-loan deals

State governments have called for a forensic audit of Nigeria’s crude oil-backed borrowing arrangements, warning that opaque crude-for-loan and swap deals may be undermining inflows into the Federation Account. The PUNCH earlier reported that the Nigerian National Petroleum Company Limited pledged 272,500 barrels per day of crude oil through a series of crude-for-loan deals totalling […]

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Email Us: [email protected]

ambusinessng @2025. All Rights Reserved.

Facebook-f Pinterest-p Youtube Instagram Linkedin-in