FG may merge CBN’s NIRSAL, Bank of Agric
The National Council on Privatization announced its contemplation of merging the Bank of Agriculture with the Central Bank of Nigeria’s NIRSAL Microfinance…
FG
FG approves first phase of Consumer Credit Scheme
The federal government has announced the approval of the first phase of the Consumer Credit Scheme. This was disclosed in a Press…
FG to unbundle 11 Discos for more efficiency
Power distribution companies in Nigeria are currently being unbundled for more efficiency the Federal Government declared on Monday. It stressed that the…
NCDMB, SON ranked most efficient MDAs — FG
The Presidential Enabling Business Environment Council has named the Nigerian Content Development and Monitoring Board, and the Standards Organisation of Nigeria as…
FG to roll out CNG-powered buses, Keke May 29
The Federal Government has announced that it was ready to launch about 2,700 CNG-powered buses and tricycles before May 29 when President…
FG to criminalise fiber cable damage – Report
Nigeria is initiating a move to criminalise the destruction of broadband fiber cables in response to ongoing grievances from major telecommunications companies.…
$3.8bn Brass methanol project to be executed in May – Minister
The Federal Government announced recently that the Gas Supply and Purchase Agreement to support the Final Investment Decision for the $3.8bn Brass…
FG pays N600bn monthly on fuel subsidy – Rainoil CEO
The CEO of Rainoil Limited, Gabriel Ogbechie, has declared that the federal government has resumed the payment of subsidy on petrol following…
Nigeria’s FDI dropped by $19bn in 10 years – Minister
The Foreign Direct Investments into Nigeria dropped by $19bn in 10 years, from $22.7bn in 2014 to $3.7bn in 2023. This disclosure…
Institute urges FG to carry out technical audit of power infrastructure
The Nigerian Institute of Electrical and Electronic Engineers has urged the Federal Government to embark on audit of all power infrastructure assets…
Finance minister hails SecureID over digitisation efforts
The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has commended the smartcard manufacturing company, SecureID Limited, for…
FG urges electricity union to rescind decision on strike
The Federal Government has pleaded with the members of the National Union of Electricity Employees not to embark on industrial action over…