Why aircraft lessors blacklist Nigerian airlines
Aircraft leasing companies across the world have put Nigerian carriers on the blacklist as a result of breaches in contracts that occurred…
FG
FG to start paying GenCos, gas suppliers’ debts April – Minister
The Minister of Power, Adebayo Adelabu has announced that the Federal Government will start paying part of the debts it owes power…
Nigeria to manufacture vehicles locally – Minister
There are plans to make Nigeria a major player in the automotive manufacturing industry, according to the Minister of Industry, Trade and…
FG orders banks to deduct stamp duty charges on loans
The Federal Government has directed commercial banks in the country to henceforth deduct and remit 0.375% of all loans disbursed by them.…
FG commence N40bn mass metering program across army formations
The Federal government has started a N40 billion mass metering program, to end the era of estimated billing in the Nigerian Army…
FG seeks $1bn W’Bank loans for IDPs, agric
The Federal Government is in talks with the World Bank to complete the processes of obtaining over $1bn in loan to tackle…
FG begins construction of 700km Lagos-Calabar highway
By Melvin Onwubuke The Federal Government on announced it had begun the construction of the 700km Lagos-Calabar Coastal Highway. The Minister of…
Streamline regulatory process to attract investment, TTP advises FG
Melvin Onwubuke In order to make the country attractive to investors, the Truck Transit Park Limited has called on the…
FG, AfDB discuss Coastal, trans-sahara highway projects funding
The Federal Government of Nigeria, represented by Minister of Works David Umahi, has initiated talks with the African Development Bank to get…
FG to launch W’Bank-funded $100m women empowerment project
The World Bank will provide $100 million to the Federal Government to launch an initiative aimed at empowering women economically. The Times…
FG clears $120m gas debt as blackout persists
By Melvin Onwubuke The Federal Government has paid $120 million, from the $1.3 billion debt to gas companies, for supply to run…
FG arrest two Binance executives
By Alex Omenye The Federal Government has arrested two Binance executives in Nigeria this week, The Financial Times reported. Last week,…