The Vice-President, Prof. Yemi Osinbajo, has said the Federal Government will review the current foreign exchange policy in a bid to stimulate private sector investment. Osinbajo disclosed during the weekend at the virtual edition of the 2022 World Economic Forum.…
…Set to establish micro sales, distribution centres The Federal Government has reiterated its plans to inject 10 million cylinders of Petroleum Liquefied Gas into circulation nationwide to increase access to the commodity. The distribution of these cylinders, which is to…
By Bankole Taiwo, Abeokuta The Federal and Ogun State Governments have moved to build capacity of Sanitation Desk Officers across the 20 Local Government Areas (LGAs) of the state to promote toilet uptake in ending the practices and sustaining campaigns…
Stakeholders in business on Tuesday urged the Federal Government to fix infrastructure to enable Small and Medium Enterprises (SMEs) thrive and grow the economy faster. They gave the advice at the 8th National Economic Outlook on the Implications for Businesses…
The Federal Government recorded a revenue shortfall of N307.49bn from July to October last year, according to data obtained from the Central Bank of Nigeria’s latest economic reports. The report said the federation revenue improved in the third quarter of…
The Federal Government is planning to source $1.5bn (N620bn) loan from pension funds to support its proposed N7.73trn investment in transport infrastructure over the next five years. Specifically, the government is seeking to obtain the facility to finance transport sector…
By Tobi Adetunji The Federal Government has faulted the requests by a former Abia Governor Senator Orji Kalu for the unfreezing of his bank accounts and the striking out of his name from a pending money laundering charge. The Federal…
The Lagos Chamber of Commerce and Industry (LCCI) has called for better management of the country’s inflation, foreign exchange(FX) and debt portfolio indexes. LCCI President, Dr Michael Olawale-Cole, made the call during the Chamber’s 2022 first quarter press conference on…
The Federal Government has signed a Memorandum of Understanding (MoU) with the Hellenic Republic of Greece to strengthen bilateral ties, Nigeria’s economy diversification, and security among others. Nigeria’s Minister of Foreign Affairs, Geoffrey Onyeama, signed the MoU alongside his Greek…
The Ministry of Power says it has facilitated the payment of all entitlements of the workers of Abuja Electricity Distribution Company (AEDC) which caused the recent industrial action. The industrial action led to the shutdown of the company’s facilities and…
