Business

AMCON recovers N165bn from bank debtors in H1

  • 27th July 2026

Over 90% of informal workers abandon personal pension

  • 27th July 2026

Oando plans power generation from abandoned oil wells

  • 27th July 2026

Senate replaces outdated insurance law with new regulatory

  • 27th July 2026

Contact Info

Some Populer Post

Nvidia, Microsoft, SpaceX launch AI safety initiative

Tech

Snapchat introduces real-time music sharing feature for users

Tech

UK snubs Nigeria, waives proof-of-funds demand for Tunisia, others

Business

Hugging face CEO demands OpenAI release records of AI

Tech

Tag: FG

News

FG to launch 90,000km fibre-optic cable across Nigeria

The Federal Government is preparing to launch the deployment of 90,000 kilometers of fiber-optic cable across the country. This initiative, expected to commence within the next six months, is a cornerstone of the government’s strategy to enhance connectivity nationwide. This was disclosed in a statement by the Minister of Communications, Innovation, and Digital Economy, Dr […]

News

Netizens slam FG over passport fee hike

The Federal Government has recently announced a significant increase in passport fees, leading to widespread reactions on social media. Under the new pricing structure, effective September 1st, 2024, the cost of a 32-page passport booklet with a 5-year validity will rise from N35,000 to N50,000. Meanwhile, the 64-page booklet with a 10-year validity will see […]

FG threatens to revoke oil block licenses over inactivity
News

FG threatens to revoke oil block licenses over inactivity

The Federal Government has issued a stern warning to companies and individuals holding oil block licenses who have failed to secure investment or commence exploration, stating that their licenses will be revoked if they do not take action. State Minister of Oil, Heineken Lokpobiri, delivered this warning in a statement on Wednesday in Abuja, addressing […]

News

FG pledges swift Bakassi seaport project

The Minister of Marine and Blue Economy, Adegboyega Oyetola, has assured Cross River State Governor, Bassey Otu, that the federal government will expedite the development of the Bakassi Deep Seaport, minimizing bureaucratic delays in a strategic move to advance Nigeria’s maritime infrastructure. This was disclosed by the Minister during a recent meeting between the two […]

featured

FG eyes fresh $100bn investments to tackle economic crisis

The Minister of Budget and Economic Planning, Atiku Bagudu announced on Wednesday that the Federal Government intends to invest $100 billion yearly to address Nigeria’s economic problems. Bagudu added that government officials have been compelled to listen more and perform better as a result of the recent nationwide protest against bad governance in Nigeria, according […]

News

FG to introduce new IPv6 for enhanced Internet services

The Federal Government intends to implement IPv6, the most recent version of the Internet Protocol in order to enhance the identification, tagging, and tracking of internet users and their devices in Nigeria. This was disclosed at the IPv6 Driven Digital Summit under the theme “Bringing Net 5.5G Into Reality: Inspiring New Growth” organized by the […]

featured

FG demands businesses, households metered before 2030 

The Minister of Power, Adebayo Adelabu says President Bola Tinubu has directed that all industries, businesses, homes, and institutions be metered within the next five years. This was disclosed by the Minister when he visited the MBH Power, a meter factory in Mowe, Ogun State, according to The Punch. According to Adelabu, Tinubu has ordered […]

FG targets 1,268MW from new hydropower plants
News

FG pays N205bn from N1.3tn power generation debt

The federal government said on Monday that it has paid N205 billion from the N1.3 trillion in debt owed to Generation Companies. The government also ascribed the recent improvement in electricity supply that has been observed in some parts of the country to President Bola Tinubu’s administration, according to ThisDay. This was disclosed by the […]

featured

FG launches national broadband alliance

The Federal Government has unveiled the National Broadband Alliance for the country, an initiative to expedite the country’s digital transformation and promote broadband development and adoption. The Minister of Communication and Digital Economy, Bosun Tijani disclosed this in a statement on Friday. The minister emphasized how crucial it is to upgrade infrastructure connectivity to promote […]

News

FG targets $500m W’Bank loan to boost education, health sectors

Nigeria is about to receive a $500 million loan from the World Bank, which would provide a huge financial boost for the country’s healthcare and education sectors. This was disclosed in the “Program Information Document (PID)” for the appraisal stage of the Nigeria Human Capital Opportunities for Prosperity and Equity (HOPE) Governance Program. The proposed […]

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