FG Set to Support Small Businesses With N75bn The Federal Government has set aside a N75 billion intervention fund to support small businesses in response to the country’s current economic challenges. The fund is expected to be disbursed, starting from March 2024 to strengthen the manufacturing...

FG to Disburse N431bn to Road Contractors The Federal Government has announced plan to disburse N431 billion to road contractors across the country. The Minister of Works, David Umahi, disclosed this as he interacted with contractors responsible for road dualisation projects and the ministry’s zonal directors...

UAE Visa Ban: FG Assures Airlines of Funds Rehabilitation The Federal Government has said it is currently working on the final details related to the United Arab Emirates visa issue. This followed the recent lifting visa ban on Nigerians by the UAE. The Minister of Aviation and...

CBN, FG to Revisit New Regulation on Bank Customers The National Commissioner of the Nigeria Data Protection Commission, Dr Vincent Olatunji, has disclosed that the commission has formed a joint committee with the Central Bank of Nigeria to review the regulation mandating financial institutions to...

FG Borrowing from CBN Rises to N25tn in Q1, 2023 – Report The Federal Government borrowed N1.83tn from the Central Bank of Nigeria through Ways and Means Advances in the first quarter of 2023. This pushed its borrowing from the CBN to N25.36tn in March 2023...

CBN Free Trade: Naira Falls to N664.04/$ at I&E Window The Naira yesterday lost almost half of its value in the official market as the exchange rate in the Investors and Exporters, I&E window rose to N664.04 per dollar from N471.67 per dollar on Tuesday. This...