President Bola Tinubu has reaffirmed his administration’s commitment to transforming Nigeria’s economy through sweeping reforms, saying…
Category: Business
FG Defends Borrowing, Says All Loans Comply With Law
The Federal Government has defended its borrowing practices, insisting that all loans obtained by the administration…
Dangote Foundation Plans IPO Shares for Four Million Students
The Aliko Dangote Foundation has announced plans to acquire Initial Public Offering (IPO) shares in Dangote…
FG Sets New Performance Targets for MDAs, Moves to Cut Business Costs
The Federal Government has introduced new performance expectations for Ministries, Departments and Agencies (MDAs) to improve…
Nigeria Has Less Than 700,000 Barrels of Free Crude Daily, Presidency Says
The Presidency has said Nigeria has fewer than 700,000 barrels of crude oil available daily for…
Nigeria’s Reserves Hit $54.9bn as Fitch Revises Outlook to Positive
Nigeria’s foreign exchange reserves have risen to $54.9 billion as of September 25, 2026, from $32…
FG Moves to Clear Power Sector Debts as NBET Begins ₦728.9bn Settlement
The Federal Government has commenced efforts to clear outstanding debts in the power sector as the…
FG Moves to Cap Petrol Landing Cost at ₦1,350
The Federal Government has commenced negotiations to cap the landing cost of petrol at ₦1,350 per…
Fuel Discount Not Subsidy, No Public Funds Involved, Oyedele Says
The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has clarified that the…
FG Hails $12m Korea-Funded Entrepreneurship Centre
President Bola Ahmed Tinubu has welcomed the construction of a $12 million Abuja Centre for Entrepreneurship,…