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Labour

Manufacturers wants Govt Support To Revive Local Textile Industry

Manufacturers want Govt Support To Revive Local Textile Industry Manufacturers are soliciting federal government intervention in the revitalisation of Nigeria’s textile sector. The operators called on President Bola Ahmed Tinubu to showcase increasing interest in rejuvenating the manufacturing sector to boost indigenous entrepreneurship in the country. This call for intervention[Read More…]

August 24, 2023 by Eberechi Constance Comments are Disabled

Business

Subsidy Removal: FG approves N180b grant for states to procure grains, fertilser

Subsidy Removal: FG approves N180b grant for states to procure grains, fertilser Following the recent removal of fuel Subsidy, the Federal Government, on Thursday, approved N180 billion to be shared by the 36 states of the federation, to help them cushion the effects in the states. Nigeria government[Read More…]

August 18, 2023 by Eberechi Constance Comments are Disabled

Business

CBN reveals loan to FG rose to N23.18trn

CBN reveals loan to FG rose to N23.18trn The Central Bank of Nigeria (CBN) has published its financial report for the year ended December 31, 2022, almost two weeks after President Bola Tinubu appointed Jim Obazee, ex-CEO of FRC as special investigator to investigate the bank. The published report revealed[Read More…]

August 11, 2023 by Eberechi Constance Comments are Disabled

Labour

Miners seek partnership with FG to shore up FX supply

Miners seek partnership with FG to shore up FX supply Miners have called on the Federal Government to partner them to explore the huge potential in the sector to increase the country’s gross domestic product (GDP) and increase foreign exchange (FX) supply. They said the sector holds a huge potential[Read More…]

August 7, 2023 by Eberechi Constance Comments are Disabled

News

FG unveils new public service rules

FG unveils new public service rules The Federal Government has unveiled the new Public Service Rules for immediate implementation in the service. The unveiling was done by Mr Olawale Edun, Special Adviser to President Bola Tinubu on monetary policies, at a public service lecture, as part of the activities to[Read More…]

July 28, 2023 by Eberechi Constance Comments are Disabled

Business

FG Approves six Companies to Import Petroleum Products

FG Approves six Companies to Import Petroleum Products The Federal Government, has granted approval to six new companies for the importation of petroleum products into Nigeria. The Managing Director of Nigeria Mainstream and Downstream Petroleum Regulatory Authority (NMDRA), Farouk Ahmed made this known on Monday, June 19, at the[Read More…]

June 22, 2023 by Eberechi Constance Comments are Disabled

Business

FG Restores Immigration Documents of Seplat boss

FG restores immigration documents of Seplat boss Seplat Energy has announced that the working permit, Combined Expatriate Residence Permit and Aliens Card (CERPAC) and other visas for the entry or stay in Nigeria of the company’s Chief Executive Officer (CEO), Roger Brown have been restored by Ministry of Interior and[Read More…]

June 19, 2023 by Eberechi Constance Comments are Disabled

Business

FG recommences registration for digital money lenders

FG recommences registration for digital money lenders The Federal Government has announced the date to recommence Digital Money Lenders’ registration in Nigeria. The Executive Vice Chairman of the Federal Competition and Consumer Protection Commission [FCCPC] Babatunde Irukera disclosed this in a statement. Irukera noted that the development is coming following[Read More…]

June 18, 2023 by Eberechi Constance Comments are Disabled

Business

CBN says, FG records N930bn two-month fiscal deficits

The Federal Government recorded N930.8bn fiscal deficit in January and February 2023 according to the Central Bank of Nigeria. The CBN stated in its monthly economic report for February 2023 that, “The estimated overall fiscal deficit of the FGN expanded in February, due to a drop in the retained revenue.[Read More…]

June 6, 2023 by Eberechi Constance Comments are Disabled

Business

FG grants banks power to issue debit cards that can double as national ID cards

The Federal Government (FG) has said Nigerian banks and other financial institutions can now issue debit cards that can double as national identity cards at no extra cost. The Minister of Communications and Digital Economy, Isa Pantami, made this known on Wednesday, during a press briefing following the valedictory Federal[Read More…]

May 25, 2023 by Eberechi Constance Comments are Disabled

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