Rahma Oladosu

FG Justifies Passport Fee Hike to N100,000, N200,000

FG Justifies Passport Fee Hike to N100,000, N200,000   The Federal Government, on Thursday, defended the upward review of Nigerian passport fees to N100,000 and N200,000, saying it was necessary to sustain quality, curb corruption, and ensure timely delivery of travel...

FG Secures $238m Loan from Japan to Boost National Power Grid

FG Secures $238m Loan from Japan to Boost National Power Grid The Federal Government has secured a $238 million loan facility from the Japan International Cooperation Agency (JICA) to strengthen Nigeria’s national power grid. The deal was finalized during high-level engagements...

FG, States, LGs Share N2.001trn for July, Says FAAC

FG, States, LGs Share N2.001trn for July, Says FAAC   The Federation Account Allocation Committee (FAAC) has shared a total of N2.001 trillion among the three tiers of government as federation allocation for July 2025. The allocation was announced at FAAC’s August...

Price Drop Threatens Nigeria’s Capital Projects Despite OPEC Quota Compliance

Price Drop Threatens Nigeria's Capital Projects Despite OPEC Quota Compliance   The Federal Government’s ability to meet up with its targeted revenue of N41trn to foot the 2025 budget is becoming a tall order with the instability in the global price...

FG Target N200bn Through Bond Auction

FG Target N200bn Through Bond Auction   The Debt Management Office (DMO) on Thursday announced an offering of N200bn savings bonds. According to the offer document on its website, one of the bonds was a reopening of the June 2032 bond with...

TinCan Customs Generate N16.4bn Revenue in One Day

TinCan Customs Generate N16.4bn Revenue in One Day   The Nigeria Customs Service, Tincan Island Port Command, has achieved a remarkable feat by collecting N16.4bn in revenue on August 19, 2025, through the effective deployment of the Unified Customs Management System,...
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