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Borrowings to FG through ways and means remain at 5% – CBN

THE Central Bank of Nigeria (CBN) has insisted it would retain the five per cent ways and means advances...

FG orders Matawalle, military chiefs to relocate to Sokoto to combat insecurity

THE Federal Government has directed the Minister of State for Defence, Bello Matawalle, and other military chiefs to relocate...
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FG paid N3.57trn on subsidy in 2023, amid Tinubu’s no subsidy claim

THE Federal Government of Nigeria paid approximately N3.57 trillion in subsidy on petroleum products in 2023, despite the initial...

FG releases duty waiver guidelines on maize, wheat, millet others

THE Federal Government, through the Nigeria Customs Service (NCS), is set to commence implementation of the zero import duty...
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FG withdraws plan to sell rice at N40,000 to Nigerians

THE Federal Government of Nigeria has withdrawn its plan to sell rice at a subsidised price of N40,000 to...

FG woos diasporans with $500m domestic FX-denominated bonds

TO maximise diasporans' economic contributions to the Nigerian economy, the federal government said it would issue $500 million in...
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