FG Eyes $6bn Global Coconut Market The Minister of State for Industry, Trade and Investment, Mrs. Mariam Katagum, has said the federal government is committed to supporting current efforts aimed at harnessing the immense potentials of the coconut commodity whose global market worth is estimated...

‘We are Exceeding Borrowing Threshold for 2021’-FG Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, yesterday admitted that the federal government is exceeding its borrowing plan for 2021, blaming the development on the COVID-19 pandemic and the fall in oil prices. In an interview...

FG Loses 50% Vehicle Import Duty, Levies To Smugglers – Report         The federal government is losing billions of naira in duties payable on imported vehicles as 50 per cent of such vehicles in Nigeria reportedly come in illegally through closed borders, it has been revealed. An...

AfCTA To Boost Africa’s Exports By $560bn - FG       When fully operational, the African Continental Free Trade Area (AfCFTA) agreement will boost exports in the continent by at least $560 billion, the federal government has said. Senior Special Assistant to the Nigerian President on the Public...

UK Firms Urge Fed Govt To Provide More Forex       United Kingdom companies operating in Nigeria have urged the Federal Government to provide more foreign exchange to enable their businesses to thrive. The call was made at an interactive session which involved the Minister of Industry, Trade...

FG Okays N14.8bn Workers’ Insurance Cover, COVID-19 Oxygen Plants         The Federal Executive Council presided over by President Muhammadu Buhari has approved the disbursement of N9.2bn as premium for insurance companies who will manage group life insurance coverage for federal civil servants. The Minister of Information and...