Business

Sigma pulls out of $10bn bid to acquire

  • 16th June 2026

EU trade deficit with China hits record €1b

  • 16th June 2026

Dangote, AFC sign $600m deal to boost fertiliser

  • 16th June 2026

Nigeria lost N1.75tn in crude export revenue in

  • 16th June 2026

Contact Info

Some Populer Post

TCN raises alarm over power transmission vandalism in Niger

Electricity

Digital postcode system will transform Nigerian commerce — Bosun

E-commerce

NIPOST targets unique digital postcode for every building nationwide

Housing

Sigma pulls out of $10bn bid to acquire UK

Business

Tag: FG

featured

Minister laments Nigeria’s low natural gas utilization despite reserves

The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, has expressed concern over Nigeria’s paradoxical situation as a gas-rich nation with strikingly low natural gas utilization. He urged operators like SEPNU to collaborate with the government to address and rectify this issue. Ekpo made this call during a meeting with SEPNU’s senior management, led […]

Minister threatens to revoke Kogi-Benin Road contracts
featured

Road projects hit N20tn from N13tn due to reforms – Umahi

The Minister of Works, David Umahi, stated that reforms under the current administration, including the naira floatation and fuel subsidy removal, have increased the N13 trillion road projects inherited by the Bola Tinubu administration to approximately N20 trillion. Speaking during a meeting with a delegation from the Anambra and Enugu caucus of the 10th National […]

News

FG grants 25-year license to 10 gas distribution companies

The Nigerian government, through the Nigerian Midstream and Downstream Petroleum Regulatory Authority, has granted 25-year gas distribution licenses to 10 companies for the establishment and operation of gas networks. These licenses, focused on promoting domestic gas use, cover franchise areas in Lagos, Ibadan, Port Harcourt, and Benin City. The goal is to ensure natural gas […]

News

Ministry of Interior raked in over N6bn in revenue – Minister

Dr. Olubunmi Tunji-Ojo has stated that the Ministry of Interior generated over N6 billion in revenue for 2024. This was achieved through various services provided to Nigerians, such as expatriate quotas, marriage services, citizenship applications, and the registration of places of worship. Dr. Tunji-Ojo provided a comprehensive breakdown of the N6 billion revenue generated, emphasizing […]

Nigeria to phase out diesel, embrace hybrid energy — Shettima
News

FG eyes WEF collaboration on African Atlantic Gas Pipeline

The Federal Government of Nigeria plans to collaborate with the World Economic Forum on the African Atlantic Gas Pipeline project, aimed at connecting Nigeria to Morocco and other African countries to boost regional energy security and economic growth. The announcement was made by the President’s Spokesperson, Stanley Nkwocha, on his official X (Twitter) page on […]

News

FG eyes $5bn revenue from annual Orisa congress

The Federal Government, through the National Institute for Cultural Orientation, has projected that the proposed Annual World Orisa Congress could generate over $5 billion in revenue. NICO revealed on Thursday that the project could attract more than one million visitors worldwide and enhance investment opportunities for Nigeria. The World Orisa Congress aims to celebrate and […]

Nigeria borrowed money to fight Boko Haram - Oyedele
News

Nigeria can achieve 15% inflation target in 2025 – Oyedele

The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele has expressed optimism about Nigeria’s inflation outlook for 2025, believing the country can lower the inflation rate from an average of 34.80 percent in 2024 to 15 percent. Oyedele made this statement at the PwC & BusinessDay Executive Roundtable on Nigeria’s […]

featured

Strict penalties needed for flight delays, cancellations – FG panel

The Federal Government, through the Central Results Delivery Coordination Unit, has called on the Ministry of Aviation and Aerospace Development, along with the Nigerian Civil Aviation Authority, to review a draft policy that suggests imposing stricter sanctions on airlines in response to the rising number of flight delays and cancellations across the country. The Special […]

News

FG to raise N450bn in January bond auction

The Nigerian government, through the Debt Management Office, intends to raise N450 billion in January 2025 via its bond auction. This is notably higher than the N360 billion offered in January 2024 and the N120 billion in December 2024 This initiative is designed to help bridge the fiscal deficit and meet the government’s financial obligations, […]

News

Nigeria’s energy sector attracts $6.7bn investment in 2024 – FG

The Federal Government has revealed that Nigeria’s energy sector attracted a total investment of $6.7 billion in 2024. This information is outlined in the “Presidency Energy Sector Wrap-Up 2024,” compiled and released by the office of the Special Adviser to the President on Energy. Out of the total $6.7 billion investment, $5.5 billion was allocated […]

featured

FG, WIOCC sign $10m MoU to connect three million homes

The Federal Government of Nigeria, through the Federal Ministry of Communications, Innovation & Digital Economy, has signed a $10 million Memorandum of Understanding with the West Indian Ocean Cable Company. The agreement aims to connect approximately three million Nigerian homes to a hyperscale open-access digital platform for internet service providers using advanced fibre and colocation […]

Jigawa targets two million tonnes wheat production 2024
News

FG eyes N1.25tn revenue from wheat production

The Federal Government has set a target of generating N1.25 trillion from wheat production in 2025. This goal is part of the ongoing National Agricultural Growth Scheme and Agro-pocket Project, which aims to enhance food security by providing subsidized agricultural inputs to registered farmers across the country. This was disclosed on Wednesday by the National […]

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