FG Bans Use of Laterite For Road Construction The Minister of Works, Senator David Umahi, has announced a ban on the use of laterite as a base in road construction. He directed that henceforth, contractors should use lumps, sharp sand and stone base to form the...

In One Week, Ogun Customs Intercept N241m Contrabands - Adeniyi The Nigeria Customs Service, Ogun 1 Area Command, said it intercepted different contrabands worth N242m within seven days. The acting Comptroller General of Customs, Adewale Adeniyi, said this on Friday, in Abeokuta, while addressing journalists. This was...

FG Targets 0.6% Poverty Rate, 6.3% Unemployment Rate The Federal Government says it targets to reduce the poverty rate to 0.6 per cent and the unemployment rate to 6.3 per cent by 2030 and 2050 agenda. The Minister of Budget and Economic Planning, Atiku Bagudu, said...

FG Set to Fund 53 Road Projects With N150bn Sukuk Bond - DMO The Federal Government said it would use the net proceeds of its ongoing N150 billion Sukuk issuance to fund some 53 road projects across the country. Director General, Debt Management Office Ms. Patience...

Guinness Stops Importation of Premium Spirits to Reduce FX Exposure Guinness Nigeria Plc, one of Nigeria’s leading beverage makers, plans to stop the importation and distribution of certain Diageo international premium spirits effective from April 2024, the company said in a statement. The premium spirits include;...

Africa Will Earn Over $70bn From Internal Trading – AfCFTA The Africa Continental Free Trade Area has said that internal trading will earn Africa more than $70 billion development assistance. The Chief of Staff of the AfCFTA Secretariat, Silver Ojakol, made the assertion at the 2023...