How FX unification increased Nigeria’s trade surplus in Q3 – Report
Bisola David One reason for the third quarter’s net trade surplus has been attributed to the foreign exchange market’s segmentation. The Punch…
FG
Domestic refining output falls by 92% – Report
Bisola David The Statistical Review of World Energy 2023 report has noted that Nigeria’s local refinery output has decreased by 92% in ten…
Why Nigerian govt prefers imported vehicles – Minister
Bisola David The Nigerian government, according to Minister of Industry, Trade, and Investment Dr. Doris Uzoka-Anite, prefers to purchase cars from overseas…
FG to intervene in building, manufacturing sector – Shettima
Bisola David Vice President Kashim Shettima has stated that the current administration’s economic policies will resuscitate economic activity in the manufacturing and…
FG vows to back W’African gas pipeline project
Bisola David The federal government led by President Bola Tinubu has reaffirmed its commitment to helping the West African Gas Pipeline Project…
How to apply for FG startup support
The Federal government has inaugurated the Startup Support and Engagement Portal, a pivotal component essential for executing the…
FG bags $2.2bn Sun Africa deal to develop power sector
By Wilson Adekumola The Federal Ministry of Power has disclosed that Sun Africa LCC has promised $2.2 billion to develop Nigeria’s…
FG to partner private sector on CNG production
By Wilson Adekumola Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has disclosed that the Federal Government will…
Subsidy: FG owes NNPCL N4.207trn, says spokesman
The Federal government has accumulated a debt of N4.207 trillion to the Nigerian National Petroleum Company Limited, NNPC Ltd, due…
Oil revenue drops by 36% in May, says CBN
In May 2023, the Federal Government’s oil revenue target saw a significant drop from N804 billion to N223 billion, marking a…
FG seeks $10bn to fund SDGs
The Federal Government has stated that Nigeria will need $10 billion a year in funds to implement the Sustainable Development Goals. This revelation…
FG, PWC partner on roadmap for solid minerals
Bisola David The Federal Government has committed to working with the top consulting firm, PricewaterhouseCoopers, in implementing the seven-point roadmap to reform the…