FG Seeks Private Participation To Power 5million Rural Homes       To address the challenges facing over 70 percent rural population, curb growing rural to urban migration as well as spur economic activities, the Federal Government, Tuesday unveiled plans to power over five million homes through renewable...

Fed Govt Raises Agric Credit Scheme Fund To N50bn     The Federal Government has raised the share capital of the Agricultural Credit Guarantee Scheme to N50bn from N3bn. The Central Bank of Nigeria disclosed this in a document on Monday entitled ‘Agricultural Credit Guarantee Scheme Fund (Amendment)...

FG, Oil Companies Lose N87.16bn To Gas Flaring     The Federal Government and oil companies in the country lost an estimated N87.16bn from January to May this year as a total of 90.9 billion standard cubic feet of natural gas was flared. The oil companies wasted 19.95...

FG Lists N75bn 25-year Bond On NSE     The Federal Government has listed its long-term N75 billion bond on the Nigerian Stock Exchange (NSE), paving the way for bondholders and investors to trade on the debt securities. The N75 billion bond was issued on July 24, 2020...

Fed Govt Approves Local Production Of Bitumen   The Federal Government has given approval for investment by manufacturers in the local production of bitumen and other construction materials that are being imported for the construction of roads. It was gathered on Thursday that the Federal Executive Council...

Reps: Govt Losing billions To Unremitted Funds     The House of Representatives said the Federal Government was losing huge revenue to under remittances of Internally Generated Revenue (IGR) by government agencies. It said if agencies of government were remitting adequate revenue, the government would have no business...