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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 […]

Helth

FG commissions new veterinary centres in Lagos, Ogun

The Federal Government has completed and handed over new Veterinary Primary Health Centres in Lagos and Ogun states as part of efforts to improve livestock healthcare delivery. The centres are located in the Epe area of Lagos State and Ijebu Igbo in Ogun State. These centres form part of the Federal Ministry of Livestock Development’s […]

Business

Nigeria, Rwanda seal 30-day visa waiver deal to boost travel

Nigeria has formally launched a 30-day visa-free entry policy for citizens of Rwanda under a new bilateral agreement designed to facilitate easier travel between the two countries. The development was announced on Friday by the Nigeria Immigration Service in a statement signed by its Public Relations Officer, DCI Akinsola Akinlabi. The move follows earlier consideration […]

News

FG spent ₦6.54trn on vehicle spare parts imports in 2025

The Federal Government has disclosed that Nigerians spent about N6.54 trillion on vehicle spare parts and another N2.7 trillion on imported vehicles in 2025, emphasising the huge economic potential in the country’s automotive aftersales and component manufacturing sector. Daily Trust reported that the Director-General of the National Automotive Design and Development Council, Joseph Osanipin, revealed […]

Business

FEC approves key PPP projects to boost transport, power systems

The Federal Executive Council has approved three public–private partnership initiatives aimed at boosting Nigeria’s transport and power infrastructure. The approved projects include a smart national transport data bank to be developed under the Nigerian Institute of Transport Technology, as well as independent power projects for the Onne Port in Rivers State and the Apapa Port […]

FG didn't tamper with MTN, 9Mobile, other internet connection - Minister
Business

FG threatens actions against MTN, Airtel, others over poor services

The Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani, has warned that “appropriate regulatory action” will be taken against MTN Nigeria, Airtel Nigeria, Globacom and T2 if they fail to address persistent network issues and improve the quality of call and data services. Tijani made this known in a statement issued to Nairametrics […]

Finance

Reps sets up panel to recover outstanding FG debts

The House of Representatives on Thursday constituted an ad-hoc committee to investigate debts owed to the Federal Government by state actors, private entities and Ministries, Departments and Agencies, appointing the member representing Obokun/Oriade Federal Constituency of Osun State, Oluwole Oke, as chairman of the panel. The committee was inaugurated following the adoption of a motion […]

Economy

FG rules out fuel subsidy return, backs market pricing policy

The federal government has ruled out any return to fuel subsidies or the introduction of price controls, reaffirming its commitment to market-driven economic policies. Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, made this known on Tuesday in Paris, stating that subsidy regimes distort the economy and will not be reinstated. He […]

Aviation

FG, Airbus seal strategic aviation development ties

The Federal Government has entered into a strategic partnership with European aircraft manufacturer Airbus, focusing on key areas including infrastructure development, maintenance capability, and human capital advancement. The collaboration was formalised through a Memorandum of Understanding, details of which were disclosed in a statement issued on Monday, according to The Punch. Under the terms of […]

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