FG to Settle N130bn Debt to Gas Suppliers – Power Minister
The Minister of Power, Adebayo Adelabu, has announced the readiness of the Federal government to payoff N130 billion to gas suppliers from over N2 trillion debt owed to them.
Adelabu disclosed this at the ongoing...
NEC Resolves to Support MSMEs Growth
The National Economic Council (NEC) yesterday deliberated on the state of the nation’s economy. It resolved to improve the situation, especially by supporting the growth of Micro, Small, and Medium Enterprises (MSMEs).
NEC said by providing 49 percent of the...
Emirates Airlines Resumes Flight Oct 1
Twenty-three months after suspending operations to Nigeria, Emirates Airlines has indicated its readiness to return direct flight services from its base in Dubai to the country.
The airline in a statement said that it would resume flight services from October...
FAAC: FG, States, LGs Share N1.2trn for April
A total sum of N1,208.081 billion April 2024 Federation Account Revenue has been shared to the Federal Government, States and Local Government Councils in the country.
The revenue was shared at the May 2024 meeting of the Federation...
Gas Projects: Tinubu Reassures Investors of Enabling Environment
President Bola Tinubu has reassured investors in the energy sector of his administration's resolve to further enhance the business environment and ensure investment convenience.
The President inaugurated three milestone projects, which are the expanded AHL Gas Processing Plant;...
CBN Activates Plan to Double Foreign Remittance
The Central Bank of Nigeria (CBN) has activated plans to double foreign-currency remittance flows through formal channels by granting 14 new International Money Transfer Operators (IMTOs) Approval-in-Principle (AIP).
Mrs. Hakama Sidi Ali, the Director of Corporate Communications disclosed this...
