NLC Announces Plans to Embark on Indefinite Strike
The Nigeria Labour Congress (NLC) is set to embark on an indefinite strike over the failure of the Federal Government to meet its demands following the removal of fuel subsidy…
FG To Provide 1m Low-cost Houses For Poor Nigerians
Mrs Chidimma Makuachukwu, the National Programme Manager, Renewed Hope Shelter for the Poor, IDP and Refugees has said the Federal Government of Nigeria will provide one million low-cost housing units…
FG Moves FAAN Headquarters to Lagos
The Federal Government has moved the Federal Airports Authority of Nigeria (FAAN) from Abuja to Lagos. The relocation of FAAN was contained in a memo signed by FAAN's managing director,…
BREAKING: FG Fines Binance $10bn over Naira Fall
The cryptocurrency trading platform Binance has come under fire, with the Federal Government imposing a hefty $10 billion fine. The allegations revolve around Binance's purported role in exacerbating Nigeria's forex…
FG Reopens Application Portal for Presidential Conditional Grant Scheme
The Federal Government has reopened the application portal for the Presidential Conditional Grant to Nano Businesses as part of the Presidential Palliative Program. According to the FG, each beneficiary will…
FG in Talks with World Bank to Boost Fibre Optic Capacity to 125,000km
Just a few weeks after the Federal Government approved a special purpose vehicle to support the delivery of an additional 90,000 km of fibre optic cable, it has begun…
FG Prepares Supplementary Budget for New Minimum Wage
The Federal Government has announced plans to prepare a supplementary budget for the 2024 fiscal year to support the implementation of a new minimum wage for workers. This was…
FG mandates Dangote Refinery to refine 385,000 bpd from NNPL for local consumption
The Federal Government has announced that the Nigerian National Petroleum Corporation Limited (NNPCL) will commence the supply of 385,000 barrels per day of crude oil to the Dangote Refinery from…
FG Grants 30-Day Extension to Private Jet Owners on Import Duties
The Federal Government has delayed plans to ground 60 private jets over unpaid import duties, extending the deadline for owners to settle their debts by an additional 30 days. This…
FG Directs Banks and Fintechs to Begin N50 Deduction on Transfers from Today
A new electronic money transfer levy (EMTL) takes effect today, December 1, as the Federal Government orders all banks and financial service providers, including Moniepoint, OPay, and others, to begin…