The federal government recently announced that the bidding process for the 2024 oil round has begun. Twelve oil and seven deep offshore blocks from the previous round are for sale.The Nigerian Upstrea...
Dr. Iziaq Salako, the Minister of State for the Environment, announced that the ministry will begin a regular audit of foreign and domestic oil companies' plans through the National Oil Spill Detectio...
The Federal Government reported raising N1.5 trillion through bonds at its February auction instead of its earlier target of N2.5 trillion.The Debt Management Office released this on Tuesday, stating ...
On Sunday, it was disclosed by the NERC that the Federal Government had spent a total of N375.8 billion on electricity subsidy between January and September this year. It also reveals that electricity...
President Bola Tinubu has faulted the strike being embarked on by the Nigerian Labour Congress (NLC) and Trade Union Congress (TUC) as going against the national interest.It was reported that the Unio...
The federal government has ordered the immediate suspension of the ongoing N-Power empowerment scheme. The reason for the suspension is to probe the scheme to eliminate ghost workers, remove past...
The federal government focuses on boosting the telecommunications industry, as it believes that the sector will increase its revenue by 100% between 2023 and 2027.The Minister of Communications and Di...
The Federal government has announced that the Value Added Tax (VAT) on Automotive Gas Oil (AGO), also known as diesel, will be suspended for the next six months in order to ease the hardship felt by t...
The Federal Government of Nigeria has declared its readiness to finance education in the country by allocating 25% of the national budget to the education sector. This is in line with the FG's plans t...
A recent development shows that the Federal Government of Nigeria and the Ministry of Communications, Innovation, and Digital Economy are teaming up to collaborate with the Nigerian Exchange Limited (...