The Federal Government will start borrowing abroad in the third quarter, the Minister of Finance, Mrs. Kemi Adeosun, has said. This is coming barely one week after the Central Bank of Nigeria floated the naira completely on the official interbank market. The Federal Government has said...

The Federal Government is set to inaugurate the completed Abuja-Kaduna rail project and has fixed the boarding fees for passengers who intend to use the facility. The Minister of Transportation, Rotimi Amaechi, who was accompanied on the final test run of the project by the...

President Muhammadu Buhari has nominated Senator Victor Ndoma-Egba and Mr. Nsima Ekere as the Chairman and Managing Director of the Niger Delta Development Commission (NDDC), respectively. Their names were contained in a letter sent to Senate President Bukola Saraki by the president, seeking their confirmation...

The Federal Government has issued guidelines on the felling of trees and exportation of wood. The Director of Forestry, Federal Ministry of Environment, Phillip Bankole, made this known recently while announcing the suspension of the ban on wood exports. Some of the guidelines include the issuance...

The Federal Government has said it will restructure the Nigerian Maritime Administration and Safety Agency(NIMASA) in order to enable it perform optimally and bring about meaningful changes in the maritime sector. The Minister of Transportation, Mr. Rotimi Amaechi, stated this when he received the Ministerial...

The Federal Government has said its planned policy on tomato will protect local manufacturers of the product and ensure an end to the importation of substandard tomato paste. The Minister of State for Industry, Trade and Investment, Hajia Aisha Abubakar, disclosed this in Lagos  while...