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FG Targets $3bn Annual Revenue from Single Window Trade Facility

FG Targets $3bn Annual Revenue from Single Window Trade Facility The federal government is targeting over $3 billion annually through the National Single Window (NSW), a unified digital platform introduced to overhaul Nigeria’s trade system and solidify its role as a regional transhipment hub. Launched in...

FG Reforms: Tinubu Appoints Board Chairmen for 43 Federal Agencies, Parastatals

FG Reforms: Tinubu Appoints Board Chairmen for 43 Federal Agencies, Parastatals   President Bola Tinubu has made key appointments, naming board chairpersons for 43 federal agencies and parastatals, as well as a secretary to the board of the Civil Defence, Immigration, and Prisons Services. The President, according...

Steel Ministry Refutes Claims of Budget Mismanagement

Steel Ministry Refutes Claims of Budget Mismanagement   The Ministry of Steel Development's Permanent Secretary, Dr. Chris Isokpunwa, has vehemently denied allegations of budget irregularities in the ministry's 2024 budget implementation. In a statement on Friday, Isokpunwa addressed the claims of “ghost projects” and procurement irregularities, clarifying...

FG Plans to Raise N450bn Through Bond Auction in January 2025

FG Plans to Raise N450bn Through Bond Auction in January 2025   The Federal Government is gearing up to raise a whopping N450 billion through its January 2025 bond auction, courtesy of the Debt Management Office (DMO). This figure surpasses the N360bn offered in January 2024 and...

FAAN MD Stands Firm on N580bn Runway Upgrade Amid Criticism

FAAN MD Stands Firm on N580bn Runway Upgrade Amid Criticism   The Managing Director of the Federal Airports Authority of Nigeria (FAAN) Olubunmi Kuku has strongly defended the proposed N580 billion runway upgrade project, amidst growing criticism. In a show of conviction, the MD vowed to...

FG Approves N4bn Conditional Cash Transfer for Vulnerable Households

FG Approves N4bn Conditional Cash Transfer for Vulnerable Households The Federal Government of Nigeria has given the green light for a N4 billion conditional cash transfer program aimed at supporting vulnerable households across the country. During the launch of the 2025 Nigeria Humanitarian Needs and Response...