FG Approves N320bn Intervention Fund For Tertiary Institutions
The Federal Government has approved the sum of N320,345,040, 835. (Three hundred and twenty billion, three hundred and forty-five million, forty thousand, eight hundred and thirty five Naira only) as the 2023 intervention funds for public tertiary...
FG Secures $800m From World Bank As Palliatives For Poor Nigerians
The Federal Government has secured the sum of $800 million from the World Bank under the National Social Investment Programme as part of palliatives to cushion the negative effects of the plan to remove...
Maritime Operators To Get $700m For Vessel Acquisition – Fed Govt
The Federal Government has said operators in the maritime sector may get about $700m to acquire new vessels.
The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr Bashir Jamoh, said this...
Senate Approves New Chinese Bank For $23bn Railway Project
Senate on Tuesday rescinded its decision on the financier of the Kaduna-Kano railway project in the country from the China Exim Bank to the China Development Bank and harmonised the terms on the Federal Government’s 2016-2018...
Buhari's Administration: Chinese Loans Rise By 209%, Hit $4bn
Federal Government’s borrowing from China has grown by 209.15 per cent under Muhammadu Buhari administration.
This is as total bilateral loans rose by 219.91 per cent from $1.58bn as of June 2015 to $5.07bn as of December...
Customs Rake In N54bn Revenue In Three Months
The Nigerian Customs Services (NCS) says it generated over N54 billion revenue from its operations in Area 2 Command, Onne Port, Rivers State, between January and March, 2023.
The Comptroller, Baba Imam, who stated this during a briefing...