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...
The National Broadcasting Commission (NBC) has issued a stern final warning to Arise Television, a prominent news outlet, over the consistent use of derogatory and incendiary...
In a concerning trend, state governments in Nigeria have resorted to borrowing approximately N46.17 billion from commercial banks to meet their salary obligations in the first...
The National Economic Council (NEC) has confirmed the deployment of the $3 billion emergency loan-for-crude oil, secured by the Federal Government in August, for the stabilization...
The Federal Government has announced its intention to collaborate with terminal operators in the rehabilitation of the nation’s vital ports, including Apapa and Tincan. This substantial...
Nigeria, along with Angola and Kenya, is positioning itself as an attractive destination for foreign investment in the aftermath of sharp currency declines. Citigroup Inc. has...