FG to Release 2,600 Prisoners to Decongest Prison Facilities In an effort to decongest prison facilities amid rising cases of coronavirus in Nigeria, the Federal Government...
FG Cuts 2020 Budget as COVID-19 Bites The Federal Government has forwarded the revised 2020 budget to the National Assembly, lowering initial costs to accommodate changes...
World Bank Donates $82m to Nigeria The World Bank Group through the World Bank’s Regional Disease Surveillance Systems Enhancement Project has made available $82 million to...
FAAC Shared N647.35bn in February 2020 The Federation Account Allocation Committee (FAAC) shared a total sum of N647.35 billion from the revenue generated in January 2020...
Nigerian Economy May Contract by 3.4% Without Stimulus – Ahmed Nigeria, Africa’s largest economy and the most populous black nation, may plunge into an economic recession...
Fitch Lowers Nigeria’s Foreign-currency Nigeria’s long-term foreign-currency issuer was downgraded from B+ to B by the Fitch Ratings on Monday. The negative outlook was a result...
FG to Borrow Another $6.9 Billion The Federal Government will raise another $6.9 billion from three foreign financial institutions, according to the Minister of Finance, Budget...
FG Receives Medical Supplies From Turkey In a bid to curb the spread of coronavirus in Nigeria, the Federal Government has acquired medical supplies from Turkey....
Lockdown: FG Exempts Transportation of Fertilisers The Presidential Task Force on COVID-19 had exempted transportation of fertilisers within the 14-day lockdown in Ogun, Lagos and Federal...
FG Commences Disbursement of N20,000 to Households The Federal Government through the Federal Ministry of Humanitarian Affairs, Disaster Management and Social Development has commenced the disbursement...