Business

Dunamis terminal denies responsibility for Ago palace gridlock

  • 18th June 2026

FG ends mandatory stamp duty deductions by MDAs

  • 18th June 2026

New NIA chairman unveils blueprint for insurance sector

  • 18th June 2026

Nigeria’s crude oil output could reach 1.9mbpd –

  • 18th June 2026

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PenCom, NURTW move to enrol nine million transport workers

Business

Truck owners upgrade database to boost maritime haulage transparency

Maritime

Telcos dismiss fears NCC’s MTR review will raise tariffs

Telecommunications

Dunamis terminal denies responsibility for Ago palace gridlock

Business

Tag: FG

Electricity

FG, GIZ strengthen regulations for solar mini-grids nationwide

The Federal Government is intensifying efforts to regulate and sanitise Nigeria’s rapidly expanding renewable energy sector. On Wednesday, the Deutsche Gesellschaft für Internationale Zusammenarbeit reinforced its technical partnership with the Nigerian Electricity Management Services Agency to enforce stricter regulatory standards for solar mini-grids and other clean energy systems. The German Development Cooperation, executed by GIZ […]

Policy and Regulations

ICYMI: FG bans cash tax collection, roadblocks nationwide

The Federal Government on Tuesday formally prohibited cash collection of taxes and banned the mounting of roadblocks for revenue enforcement. This forms part of fresh regulations to implement Nigeria’s new tax laws nationwide. The disclosure was made in Abuja by the Executive Secretary of the Joint Revenue Board, Mr Olusegun Adesokan, during the signing of […]

FAAC funds to FG, states hit 7-year high in 2023
Oil and Gas

FG begins direct oil revenue remittance to FAAC

The Federal Government has begun implementing Executive Order 9 of 2026, requiring the direct remittance of oil revenues to the Federation Account Allocation Committee. The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, announced this in a statement released on Monday. He outlined the main decisions from the recent meeting. The action […]

Business

FG begins enforcement of executive order 9 on oil revenues

The Federal Government has begun implementing Executive Order 9 of 2026, which requires the direct remittance of oil revenues into the Federation Account Allocation Committee This follows the inaugural meeting of the executive order’s implementation committee on February 26, 2026. The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, disclosed this in […]

Business

FG divides OPL 245 into four assets for Eni, Shell

The Federal Government has divided the controversial OPL 245 oil block into four separate assets to be operated by Eni and Shell, a move that could clear the path for development of the long-disputed field. A source familiar with the development said the restructuring may finally determine the future of the asset, which has been […]

Over 160,000 benefited from Tinubu's transport subsidy - Alake
News

FG, AFC sign $1.3bn deal for alumina refinery

The Federal Government and the African Finance Corporation have signed a landmark Memorandum of Understanding to jointly fund three strategic projects in Nigeria’s mining sector. These projects include a $1.3 billion alumina refinery, a nationwide geoscience mapping initiative, and a special investment vehicle designed to unlock the country’s mineral potential. The agreement was signed in […]

Business

FG, AFC sign deal to fund $1.3bn mining projects

The African Finance Corporation and the Federal Government, acting through the Solid Minerals Development Fund, have signed an investment agreement to co-finance three key projects: a $1.3 billion alumina refinery, a nationwide geoscience mapping programme, and a dedicated investment vehicle aimed at unlocking Nigeria’s mineral resources. The agreement, signed in Abuja, concludes months of negotiations […]

Business

FG issues travel advisory to Nigerians in Iran, gulf states

The Federal Government of Nigeria has issued a travel advisory to Nigerians residing in or travelling to Iran and other Gulf countries amid the ongoing conflict involving the United States, Israel, and the Iranian government. The advisory was announced in a statement by the spokesperson for the Ministry of Foreign Affairs, Kimiebi Imomotimi Ebienfa, titled: […]

featured News

Labour gives FG Friday ultimatum over unpaid wage awards

Organised labour in the federal public service has issued a Friday ultimatum to the Federal Government, demanding the immediate release of funds to settle three months’ outstanding wage awards and other pending allowances owed to workers across Ministries, Departments and Agencies. The Joint National Public Service Negotiating Council, representing the trade union side, issued the […]

Medical tourism: Nigerians spend $1m in foreign hospitals
Helth

FG criticised as medical tourism outflow rises 18%

The Federal Government has come under criticism as foreign exchange outflow for health-related travel by Nigerians surged to $549.29 million in the first nine months of 2025. This represents a 17.96 per cent increase from $465.67 million recorded in the same period of 2024, according to The PUNCH. Analysts and health experts have slammed the […]

Energy

FG launches oxytane to slash generator emissions by 70%

The Federal Government has launched a new Greenhouse Gas Emission Reduction Initiative featuring an oxygen-based fuel additive technology that can reduce carbon emissions from generators by up to 70 per cent. Speaking at the official launch in Abuja on Tuesday, the Registrar/Chief Executive Officer of the Environmental Health Council of Nigeria, Dr Yakubu Baba, described […]

Business

FG seeks Chinese funding for power, mining projects

The Federal Government is seeking to attract up to $5.7 billion in potential Chinese investments to strengthen key sectors of Nigeria’s economy, such as power generation, mining, and industrial manufacturing. This initiative comes after a meeting in Abuja between the Honourable Minister of Finance and Coordinating Minister of the Economy, Wale Edun, and a delegation […]

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