101,567 Beneficiaries Received N3.18bn COVID-19 Survival Fund – FG         The Federal Government on Tuesday announced that 101,567 beneficiaries have been paid a total of N3.18bn under its COVID-19 Survival Fund scheme. Minister of State for Industry, Trade and Investment, Mariam Katagum, who disclosed this in Abuja,...

Senate Okays FG’s N148.14bn Refund To Ondo, Osun, Others         The Senate on Tuesday approved the request of President Muhammadu Buhari’, seeking a refund of N148,141,969,161.24 to Ondo, Osun, Rivers, Bayelsa, and Cross River states. The amount was meant for projects they executed on behalf of the...

Nigeria’s Economy On Track Despite Recession – FG         The Federal Government has said that Nigeria's economy is still on track despite another recession the country entered into last Saturday. Finance, Budget and National Planning Minister, Mrs Zainab Ahmed stated this at the start of the 26th...

Recession: PDP wants FG to Allow Free Market Economy         The Peoples Democratic Party(PDP) has advised the Federal Government to permit a free market economy that will allow Nigerians actively participate in the economic space to boost productive sectors. Mr Kola Ologbondiyan, PDP's National Publicity Secretary in...

Nigeria Spends $500m Yearly Importing Palm Oil - FG         Officials from the Federal Ministry of Agriculture and Rural Development, states, agencies and non-governmental organisations on Thursday said Nigeria was spending about $500m annually on oil palm imports. At the National Workshop on oil palm organised in...

DBN Disburses N150bn To MSMEs In Three Years       The Development Bank of Nigeria (DBN) has disbursed over N150 billion since it commenced operations in 2017, the Federal Government has disclosed. The disbursement was done through 27 participating financial institutions, for onward lending to MSMEs across the...