FG ISSUES 25-YEAR GAS DISTRIBUTION LICENSE TO 10 COMPANIES
The Federal Government, through the Nigerian Midstream and Downstream Petroleum Regulatory Authority, has issued a 25-year gas distribution licence to 10 companies for the establishment,...
CBN SET TO COMMENCE PAYMENT OF FOREX BACKLOG
The Governor of the Central Bank, Olayemi Cardoso has announced that forensic verification to clear all pending foreign exchange backlogs is now completed and payments...
NIMC UNVEILS NEW MULTI-PURPOSE BIOMETRIC ID CARD TO BOOST SOCIAL, ECONOMIC INCLUSION
The National Identity Management Commission (NIMC) has said it will roll out an improved multi-purpose biometric identity card, soon. The Director General and Chief Executive...
BUSINESS NEWS: CBN APPROVES RELEASE OF FX CODE
The Central Bank of Nigeria (CBN) has said it has approved the release of the Nigerian Foreign Exchange (FX) Code. The apex bank also announced...
UPDATE: FG DEFENDS HIKE IN TARIFF AMID LEGAL THREATS FROM SERAP, SUBSCRIBERS
The Minister of Communications, Innovation, and Digital Economy, Bosun Tijani, on Tuesday defended the decision to approve a 50 per cent tariff hike for telecom...
TUC REJECTS FG’S PROPOSED VAT HIKE
The Trade Union Congress (TUC) has rejected the Federal Government’s move to increase Value Added Tax (VAT) from the current 7.5% to 10%, 12.5% and...
NIGERIA JOINS BRICS AS PARTNER COUNTRY
The Federal Government has announced its decision to join BRICS as a partner country, marking a significant step toward enhancing international collaboration and fostering economic...
FG LAUNCHES YOUTH FARMERS ENROLLMENT PORTAL TO TACKLE UNEMPLOYMENT, FOOD INSECURITY
In a move to combat rising unemployment and food insecurity across the nation, the Federal Government has unveiled the Youth Farmers Enrollment Portal. The Honourable...
FG, STATES, LGAs SHARE N1.424TN FAAC REVENUE IN DECEMBER 2024
A total of ₦1.424 trillion, representing the December 2024 Federation Accounts Revenue, has been distributed among the Federal Government, States, and Local Government Councils. The...
CBN LAUNCHES DIGITAL SYSTEMS TO BOOST GOVERNMENT EFFICIENCY
The Central Bank of Nigeria has unveiled two digital innovations the Document Flow System and the Ministries, Departments, and Agencies Naira Payment Solution at an...