Business

FG targets 750,000 electricity meters to curb estimated

  • 16th October 2026

FG, NLC disagree over timing of new minimum

  • 16th October 2026

Marketers reject FG’s proposed N1,350 petrol price cap

  • 16th October 2026

IMF backs CBN’s rate cut

  • 15th October 2026

Contact Info

Some Populer Post

Sony revives Walkman with new music players priced at

Business

Meta launches new open-weight AI model for Mac computers

Tech

FG targets 750,000 electricity meters to curb estimated billing

Business

Naira holds steady at ₦1,331.09/$ in official FX market

featured Finance

Tag: FG

featured Finance

FG plans review of ₦70,000 minimum wage

The Federal Government has signalled plans to review the national minimum wage, stating that the current N70,000 benchmark no longer reflects prevailing economic realities. Vanguard reported that the move comes less than two years after President Bola Tinubu signed the new minimum wage into law, raising it from N30,000 and shortening the review cycle from […]

Housing

FG hands over rent-to-own houses to FCT beneficiaries

The Federal Government has handed over rent-to-own housing units to beneficiaries in Abuja, marking another step in its efforts to expand access to affordable homeownership for Nigerians. The handover took place on Tuesday, June 23, during a ceremony held in the Federal Capital Territory, where officials of the Federal Ministry of Housing and Urban Development […]

Helth

FG approves ₦21.2m Ebola preparedness funds

The Federal Government has approved the release of N21.2 million in outbreak investigation and response funds to each state to strengthen preparedness against Ebola Virus Disease and other public health threats. This is contained in a statement made available to newsmen by Mr Ado Bako, Assistant Director, Information and Public Relations, Federal Ministry of Health […]

Agribusiness featured

FG to centralise livestock data for better sector planning

The Federal Government has moved to centralise Nigeria’s livestock data through the validation of the National Livestock Information Management System. Nairametrics reported that this was disclosed by the Permanent Secretary of the Federal Ministry of Livestock Development, Dr. Chinyere Ijeoma Akujobi, during a validation session in Abuja. The platform is designed to strengthen data-driven decision-making, […]

Policy and Regulations

FG denies plans for new fuel, telecom taxes

The Federal Government has said it is not considering the imposition of fuel and telecommunications taxes. It was reacting to reports suggesting that it has adopted or is considering new taxes on telecommunications services and petroleum products following the recommendation of the International Monetary Fund Article IV Consultation Report on Nigeria. Vanguard reported that the […]

Business

FG ends mandatory stamp duty deductions by MDAs

The Federal Government has directed all Ministries, Departments and Agencies to immediately stop deducting the one per cent stamp duty previously charged on payments to contractors, vendors, suppliers and service providers, in line with the provisions of the Nigeria Tax Act 2025. The directive was conveyed in a Federal Treasury Circular dated June 15, 2026, […]

Business

FG rules out new taxes on telecom, petroleum products

The Federal Government has dismissed reports suggesting it plans to impose new taxes on telecommunications services and petroleum products, despite recommendations contained in the International Monetary Fund’s Article IV Consultation Report on Nigeria. The clarification was provided by the Senior Special Assistant on Communications and Press Secretary to the Minister of Finance and Coordinating Minister […]

Uncategorized

FG releases N2.68tn of N54.93tn budgeted for roads, bridges

The Federal Government released about N2.68tn for the construction, rehabilitation and maintenance of roads and bridges nationwide between 2023 and April 2026. However, the analysis showed a wide gap between budgeted allocations and actual releases, with N54.93tn earmarked for road projects during the period, according to The PUNCH. The figures underscore the government’s growing focus […]

Business

FG denies cooking gas export claims

A senior official of the Federal Ministry of Petroleum Resources has dismissed allegations that locally produced cooking gas is being exported for foreign currency earnings at the expense of Nigerian consumers, maintaining that the federal government’s ban on Liquefied Petroleum Gas exports remains in effect despite concerns over rising prices and supply shortages. The clarification […]

featured Oil and Gas

Criminals pose as FG taskforce to steal nine kilometres pipeline — NNPCL

The Nigerian National Petroleum Company Limited has uncovered a disturbing trend in the country’s worsening pipeline vandalism crisis, revealing that well-equipped criminal syndicates are disguising themselves as members of a purported Federal Government task force to steal critical oil infrastructure. The company disclosed that 24 cases of vandalism had been recorded along sections of the […]

Electricity

Nigeria targets 209,000MW power capacity with $11bn solar projects

Nigeria is targeting a major expansion of its electricity generation capacity, with plans to achieve 209,000 megawatts of power generation by 2050, especially with 53 large-scale renewable solar power projects valued at about $11bn underway, according to a report by IIR. Vanguard reported that the projects, which IIR said are being tracked across the country, […]

Business

FG pledges stronger fiscal reporting, transparency after IMF review

The Federal Government has pledged to strengthen fiscal reporting, budget transparency, and data integrity in line with recommendations from the International Monetary Fund, while welcoming the Fund’s broadly positive assessment of Nigeria’s ongoing economic reforms. The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, disclosed this in a statement issued on Tuesday […]

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