The Federal Ministry of Regional Development and the Federal Ministry of Housing and Urban Development have initiated a partnership to address housing, urbanization and infrastructural development challenges, particularly in Nigeria’s northern regions.

Naira Crude Sales Cut FX Risks, Boost Local Refineries, Says Tinubu The Federal Government said the introduction of the sale of crude oil in Naira was a strategic move to enhance the operational efficiency of local refineries by reducing foreign exchange risks and transaction costs. President...

World Bank: FG Eyes Six Loans as Nigeria’s Debt Hit $9.2bn The Federal Government is set to secure six new loans totalling $2.23bn from the World Bank in 2025 as the international financial institution continues to support the country’s economic and structural reforms. Data from the...

FGN Bond Auction Attracts N1.63tn Subscriptions in One Month  The Federal Government’s bond auction for February recorded a surge in investor demand, with total subscriptions rising to N1.63tn, a significant increase from the N670.94bn recorded in January. The sharp rise in demand led to higher allotments,...

The Federal Government has said Nigeria is poised to secure more Final Investment Decisions (FIDs) in 2025.

FG to Move More Consumers to Band A as Power Generation Hits 5,543MW The Federal Government has revealed that it is interested in moving most electricity consumers in Nigeria to Band A where they will enjoy a minimum of 20 hours of electricity supply daily. It...