Over 392,000 Businesses Benefit From MSMEs Clinic, By FG The Federal Government has said that over 392,000 businesses have so far benefited from the Micro, Small and Medium Enterprises clinic. The MSME clinic is one of the strategies of the Federal Government to make it easier...

FG Sues NNPC, Agip, 2 Others A Legal battle has begun to recover huge funds lost to alleged under-remittance and diversion of oil/gas royalties and taxes by some major oil companies. The Federal Government has sued four oil companies, accusing them of not being transparent in...

IATA Advises FG On Airport Concession The International Air Transport Association (IATA) has advised the federal government to be careful in its plan to concession the nation’s airports, saying the objective of having modern infrastructure at the airports may not be realised if the facilities...

FG Revokes 5 Companies’ Oil Block Licences Over Debts The Federal Government has revoked the oil block licences of five companies, including a firm founded by late Chief Moshood Abiola. The Department of Petroleum Resources, in a public notice on Thursday, indicated that the licences were...

Court Adjourns FG’s $406.7m Debt Recovery Suit Against Shell A Federal High Court in Lagos has adjourned until June 19 hearing in a debt recovery suit filed by the Federal Government against Shell Western Supply and Trading Ltd over an alleged $406.7m shortfall in crude...

FG Orders N3bn Rice Seedlings From C/River The industrialisation effort of Cross River State Governor, Prof. Ben Ayade, has started yielding fruits as the federal government through the Central Bank of Nigeria (CBN) and the Rice Farmers Association of Nigeria (RIFAN), has placed a N3...