Senate Scores FG Low on Implementation of 2024 Budget The Senate has scored the executive low in the implementation of the capital component of the 2024 budget, saying there is a need for the government to get Ministries, Department and Agencies of the Federal Government...

Tinubu Appoints CEO, Board for Nigerian Consumer Credit Corporation  President Bola Tinubu has approved the appointment of some qualified Nigerians to the Board of the Nigerian Consumer Credit Corporation (CREDICORP) This, according to a statement by Presidential spokesman, Ajuri Ngelale, was meant to further expedite the...

FG Completes $1.5bn Oil Sector Divestment Deals The Federal Government has completed the divestment deals between Nigeria Agip Oil Company and Oando Plc, as well as that of Equinor and Project Odinmim, which jointly worth about $1.5bn. It made this announcement on Wednesday, adding that, as...

FG Terminates Road Contracts with Dantata & Sawoe, Others for Non-performance Dantata and Sawoe, Mothercat, and Reynolds Construction Company Federal contracts have been terminated for non-performance on the dualisation of sections two, three, and four of the Obajana-Benin road project. Minister of Works, David Umahi,...

Kaduna Electric Declares Zero Tolerance to Energy Theft, Set to Prosecute Offenders The Chief Commercial Officer of Kaduna Electric, Ahmed Sanusi, has expressed strong reservation against all forms of energy theft and has declared that the company will leave no stone unturned in getting offenders...

As of last year, the trade exchange between Nigeria and the United Kingdom amounted to over €35 billion, or roughly one-third of the country's total international trade.