It is now an open secret that since the removal of fuel subsidy on May 29, 2023, Nigerians have been living from hand to mouth. This is sequel to the skyrocketing of goods and services in the country, induced by…
The Federal Government has inaugurated an energy management and control centre established in Abuja to monitor electricity mini-grids operating across the country. It said the centre, known as the Energy Management System, would serve as the off-grid electricity supervisory control…
The Federal Government has signed a Memorandum of Understanding (MoU) with John Deere, an Agricultural Machinery Company. Speaking during the signing and exchange of documents, in the Minister’s conference room, in Abuja recently, the Minister recalled that it was a…
The Nigerian Exchange Limited has called on the Federal Government and the Central Bank of Nigeria to prioritise listed corporates in their procurement processes and access to foreign exchange. According to the Chief Executive Officer of the NGX, Temi Popoola,…
…As Senate decries loss to cybercrime, moves to amend Cybercrime Act, 2015 …Poor funding hindering enforcement of cybercrime laws — Senate Committee The Federal Government is looking to turnaround its $500million annual loss to cybercrimes to profit with an increased effort to…
By Matthew Denis, Abuja The Federation Account Allocation Committee (FAAC), at its retreat and meeting has shared a total sum of N906.955 billion to the three tiers of government as Federation Allocation for the month of October, 2023. The Committee meeting…
…kicks off implementation of Startup act By Blessing Emmanuel, Abuja In a significant move to foster innovation and entrepreneurship, the Federal Government of Nigeria has unveiled the Startup Support and Engagement Portal. This online platform, a pivotal component of the…
…Warns miners to vacate sites or face arrest By Sodiq Adelakun The Ministry of Solid Minerals Development in Nigeria has announced the revocation of 1,633 mineral titles due to unpaid annual fees. The ministry’s spokesperson, Dr Oladele Alake, revealed this information during…
By Seun Ibiyemi The Federal Government has revealed that the country loses $10 billion annually to ship charter within the country. The Minister of Marine and Blue Economy, Adegboyega Oyetola, on Tuesday made this known at the Ministry’s Stakeholders’ Roundtable…
The Minister of Finance, Mr Wale Edun says that the Federation Account is witnessing improved revenue inflow since the removal of subsidy from average of N650 million monthly to over N1 trillion in the last four months. The minister stated…
