Timi Olubiyi, Ph.D. The year 2020 has been fully eventful world over for governments, businesses, and…
Federal Government
FG spent N610.2bn on servicing domestic debts in Q1 2019-NBS
Between January to March this year, the Federal Government spent the sum of N610.2bn paying interest…
NPA Earns N67.19bn Revenue in 2019 Q1
The Nigerian Ports Authority (NPA) has announced a revenue of N67.19 billion for the three months…
FG insures assets of 48 health institutions against fire, flood risks
Matthew Otoijagha Disturbed by the recurrent losses recorded on Nigeria’s health investments, the Federal Government has…
FG to create 100,000 jobs with EXIM Bank loan
In order to establish modular refineries and implement the Flare Gas Recovery Programme, the Federal Government…
National carrier requires $300m initial capital — FG
The new national airline, Nigeria Air, will require initial capital of between $150m and $300m, and…
FG to engage 300,000 new N-Power beneficiaries
The Federal Government has concluded arrangements to engage additional 300,000 beneficiaries in the second batch of…
Banks to get Adeosun’s approval before lending to state- DMO
Investigation has shown that state governments can no longer borrow from the banks or the bond…
FG releases pricing for $2.5bn fifth Eurobond
The Federal Government on Thursday announced that it had priced its offering of $2.5bn aggregate principal…
FG earmarks N45 billion to rebuild communities in North East
The Federal Government has earmarked N45 billion for the rebuilding of destroyed liberated communities in the…
FG restates warnings on ‘offshore havens’
The Federal Government has reiterated its warnings to Nigerians who evade tax under the offshore tax…
Chinese firm loses bid to stop trial on $12b missing crude oil
The Federal High Court in Lagos has struck out the preliminary objection filed by China National…
FG receives 500 containers with TCN power equipment
MATTHEW OTOIJAGHA The Federal Government has announced that it has recovered 500 “stranded’’ containers belonging to the…
CBN orders Microfinance banks to freeze accounts with no BVN
The Central Bank of Nigeria (CBN) has instructed microfinance banks and other financial institutions to place…