FG Receives N817bn From Total, Chevron, CNOOC In One Year THE Federal Government received $2.68 billion, about N817.4 billion, from Total, Chevron and China National Offshore Oil Company, CNOOC, in 2017, according to documents obtained from the Canadian government. The companies presented the information under...

Digital Economy: FG Targets $88bn Revenue   The Federal Government has a target of generating $88bn and creating three million jobs through the nation’s digital economy within a period of 10 years. It stated that it had embarked on activities to effectively grow the digital space in...

FG, BoI Support Traders With Interest-Free Loans The Federal Government and the Bank of Industry on Tuesday gave out interest-free loans to traders in various markets across Lagos. The loan facility, tagged ‘Market Moni’ and ‘Trader Moni’, would see petty traders receive between N10,000 and N100,000...

FG Makes N1.4tn From Operating Surplus In 11 Years More than N1.4tn has accrued to the Federal Government through the payment of operating surplus by Ministries, Departments and Agencies since the enactment of the Fiscal Responsibility Act in 2007, the Fiscal Responsibility Commission has said. The...

Azman Air Seeks FG’s Intervention Over $22m Fine   Azman Air Services Limited has approached the Attorney General of the Federal to intervene and stop the lessor, Triple Seven MSN 27251 Limited and Triple Seven (CIS) Limited, from seizing any of its aircraft over contract breach...

Discos: FG Appoints TCN To Manage N72bn Planned Investment   The federal government has appointed the Transmission Company of Nigeria (TCN) to manage the N72 billion investments it plans to sink into the 11 electricity distribution companies (Discos) to upgrade their distribution infrastructure and networks. TCN has...