FEC Approves N1.9bn for 33 CNG Vehicles, $1.442m Worth Arms, Ammunition for NDLEA The Federal Executive Council (FEC) has approved $1.442 million for the procurement of arms, ammunition and equipment for the National Drug Law Enforcement Agency (NDLEA) to boost its anti-narcotics operations. The Attorney-General of...

NAIC Insures ₦1.014tr in Agricultural Projects in Five Years The Nigerian Agricultural Insurance Corporation (NAIC) has provided insurance coverage worth ₦1.014 trillion to agricultural projects across Nigeria in the past five years. This level of insurance coverage underscores NAIC’s commitment to strengthen the nation’s agricultural sector...

The Agence Française de Développement (AFD) Group, a public financial institution that implements French Government policies, will be commemorating its 15th year of working with Nigerian agencies and the populace to make a necessary impact in the Nigerian economy. 

Why Petrol, Diesel Prices May Not Drop Despite Dangote Refinery — Experts Experts believe that prices of petrol and diesel may not crash significantly despite the commencement of production at the Dangote Petroleum Refinery. With the removal of subsidy on petrol in May 2023, the price...

Public Debt Hits N121tn Nigeria’s total public debt has reached N121.67tn, increasing by N24.33tn or 24.99 per cent within three months, the Debt Management Office has announced. This new figure is from a total debt of N97.34tn ($108.23bn) as of December 2023. The DMO in a statement...

Nigeria to Set Electricity Tribunal as FG Activates 2.6 million Meters The Federal Government, on Thursday, declared that it was perfecting the process for the establishment of an electricity offences tribunal with an inbuilt appeal system to speedily tackle power-related offences. It also declared that a...