Senate Approves FG’s Request For $1.5bn, €995m External Loans       The Senate yesterday gave the federal government the nod to borrow a total of $2.7 billion out of the $5.5 billion external borrowing request sent to the National Assembly by President Muhammadu Buhari in May last...

FG Targets $504bn Goods In AfCFTA Deals The African Continental Free Trade Agreement (AfCFTA), when fully implemented, could afford Nigerian companies preferential access to African markets worth $504.17 billion in goods, the Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, has said. Delivering his remarks at...

FG Generated N2.15trn From MDAs Operating Surplus - FRC       The Fiscal Responsibility Commission said it caused Ministries, Departments and Agencies to remit over N2.15tn into the Consolidated Revenue Fund of the Federal Government as operating surpluses over the past 11 years. FRC Chairman, Victor Muruako, said...

FG Begins Commercialisation Of Federal Mortgage Bank       The Federal Government on Thursday announced that it had commenced the process for the full commercialisation of the Federal Mortgage Bank of Nigeria. Part of the process was the inauguration of the Joint Technical Committee for the commercialisation of...

FG Okays N14.55bn Operational Vehicles, Boats For Customs   The Federal Government on Wednesday approved the purchase of 427 operational vehicles worth N14.55bn for the Nigerian Customs Service. This was one of the decisions reached at the weekly meeting of the Federal Executive Council presided over by...

FG, States Debts Stock Now N32.9trn — DMO     The Director General of the Debt Management Office (DMO), Patience Oniha, has said the cumulative sum of N32.9 trillion debt of Nigeria is a responsibility of the federal and state governments. In a series of tweets on her...