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Oil sector reforms attract $24bn new capital –

  • 10th April 2026

Reforms attract over $10bn investment in upstream oil

  • 10th April 2026

FG begins assessment of $200bn integrated infrastructure proposal

  • 10th April 2026
CBN fines Moniepoint, OPay ₦1bn in regulatory crackdown

CBN warns banks against excessive risk-taking after recapitalisation

  • 10th April 2026

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Tag: FG

Australia fines Google $36m over anticompetitive search engine deals
News

FG, Google partner to unlock Nigeria’s AI potential

The Federal Ministry of Communications, Innovation, and Digital Economy, in partnership with Google, has announced the 10 startups selected for the N100 million AI Fund. The AI Fund, established by the National Centre for Artificial Intelligence and Robotics in collaboration with Google, will provide each selected startup with N10 million in funding and up to […]

featured News

FG warns business owners against manipulating prices

The Federal Competition and Consumer Protection Commission has raised concerns about a ‘cartel’ manipulating market prices across the country, leading to inflated costs for goods and services despite government stabilization efforts. This was disclosed by the Akwa Ibom State, FCCPC Chief Executive Officer, Mr. Tunji Bello, during a one-day engagement on exploitative pricing in Uyo, […]

News

FG woos investors to boost sugar production

The Federal Government of Nigeria, via the National Sugar Development Council, is actively encouraging both local and foreign investors to capitalize on the country’s sugar sector. With a robust local demand of around two million metric tonnes annually, valued at about $2 billion, the sector presents significant opportunities. The Executive Secretary of NSDC, Kamar Bakrin, […]

News

Building collapse: FG unveils tribunal to check unprofessionalism

The Federal Government has officially inaugurated the Builder’s Disciplinary Tribunal, a strategic initiative designed to enhance accountability within the building profession. The event took place on Tuesday in Abuja, led by Minister of Housing and Urban Development, Ahmed Dangiwa, according to The Punch. During the event, Dangiwa stated the critical role of professional ethics in […]

News

Food security: FG unveils initiative to cultivate 750,000 hectares

The Federal Government has unveiled an initiative to cultivate 750,000 hectares of land for maize, wheat, rice, and cassava farming, aiming to address the rising food inflation in the country. This effort is part of the National Agricultural Growth Scheme Agro-pocket project. This was disclosed by the Minister of State for Agriculture, Senator Aliyu, during […]

News

600,000 small-scale farmers to benefit from FG’s support

The Federal Government has unveiled plans to support 600,000 small-scale farmers nationwide as part of its strategy to enhance food production and combat rising inflation. The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, made this disclosure during a press briefing for the Nigerian delegation at the 2024 IMF/World Bank Annual […]

News

FG okays licenses for nine modular refineries

The Federal Government, via the Nigerian Midstream and Downstream Petroleum Regulatory Authority has granted licenses for nine modular refineries. This was disclosed by the Chief Executive of NMDPRA, Farouk Ahmed, during the 2024 Oil Trading & Logistics Africa Downstream Energy Week held in Lagos on Monday, according to The Punch. He said that the licenses […]

FG launches freight services on Apapa-Ibadan cargo rail
News

FG to fund Kano-Maradi rail project with AfDB’s $350m

The Federal Government has secured $350 million from the African Development Bank to fund the Kano-Maradi rail project, connecting Kano to Maradi in Niger Republic. This was disclosed by the Chairman of the Senate Committee on Land Transport, Senator Adamu Aliero during an oversight visit to the Nigeria Railway Corporation in Lagos, according to NAN. […]

Agribusiness News

Farmers earn N1bn annually through sugar master plan – FG

The Federal Government, through the National Sugar Development Council, has announced that the out-grower scheme under the Nigeria Sugar Master Plan pays approximately N1 billion annually to around 535 farmers across the country. This was disclosed in a report detailing the achievements of the Nigerian Sugar Industry, compiled by the NSDC, according to The Punch. […]

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FG to phase out wooden boats

The Federal Government, through the National Inland Waterways Authority is planning to phase out wooden boats on inland waterways. This was disclosed by NIWA Managing Director, Bola Oyebamiji, during a recent meeting with editors in Lagos, noting this initiative, aims to improve safety and efficiency in Nigeria’s inland water transportation, according to The Punch. In […]

National assembly proposes CBN capital base increase to N1trn
News

FG proposes 50% tax relief to help firms increase salaries

The Federal Government is introducing a new legislative bill aimed at reforming Nigeria’s tax system, which includes a 50 per cent tax relief for companies that raise salaries or offer transportation allowances to low-income workers. This initiative seeks to encourage businesses to invest in their employees, improve living standards, and foster economic growth. The proposed […]

News

C-of-O: FG threatens land revocation for non-payment of debts

The federal government has issued a 60-day notice to all federal Certificates-of-Occupancy title owners in Nigeria, demanding the payment of outstanding debts or facing full revocation of their land documents. At the 29th Conference of Directors of Lands in Abuja, Minister of Housing and Urban Development, Ahmed Dangiwa, emphasized that the ongoing non-compliance has led […]

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