The Central Bank of Nigeria (CBN) has disbursed $2 billion to Deposit Money Banks to clear its backlog of matured foreign exchange obligations to Deposit Money...
In a strategic move towards industrializing Nigeria and bolstering the steel sector, the Federal Government has initiated discussions with the Chinese company Luan Steel Holding Group....
The Federal Government has earmarked a total sum of N150 billion for the implementation of poverty alleviation programs in the fiscal year 2024. This significant allocation...
The Federal Government has formalized a historic agreement with a consortium of companies, marking a significant step in the construction of 100,000 housing units across Nigeria....
The Federal Government, through the Ministry of Humanitarian Affairs and Poverty Alleviation, has initiated the payment of long-awaited arrears to beneficiaries of the N-Power program. The...
The Federal Government of Nigeria has disbursed a total of N231.27 billion for arms and ammunition procurement over the past four years. Despite this significant investment,...
In a significant move to enforce compliance and revitalize the solid minerals sector, the Federal Government through the Ministry of Solid Minerals Development has taken decisive...
The Nigeria Extractive Industries Transparency Initiative (NEITI) disclosed that federal government revenue-generating agencies remitted approximately N14.4tn to the Federation Account from the extractive sector between January...
An analysis of Nigeria’s government earnings has revealed a significant revenue windfall of N713.1 billion resulting from the devaluation of the national currency, the naira. The...
The Infrastructure Concession Regulatory Commission (ICRC) has disclosed that the Federal Government is set to generate N28.1 billion from the 20-year concession of the Central Workshop...