FG Recorded N2.66tn Fiscal Deficit Financed Through Domestic Borrowing as Debt Service Gulped N4.44tn in Q2
The federal government posted a fiscal deficit of N2.66 trillion, financed through domestic borrowing in the second quarter of the…
Tag: Federal Govt
In Sudden Turn of Events, FG Announces Resignation of NMDPRA, NUPRC CEOs
In an unexpected turn of events, the Presidency yesterday announced the resignation of the Chief Executive Officer of the Nigerian…
FG Charts New Path to Tackle Rising Debt, Mobilises Mass Savings
The federal government, yesterday, formally signalled a major shift in fiscal strategy, declaring that it would move away from heavy…
FG Terminates Multiple Contracts on Abuja–Lokoja Road over Poor Performance
The federal government has terminated several contracts on the Abuja–Lokoja highway after contractors handling key sections of the corridor failed…
FG Approves Abia’s Renovation, Upgrade of Ojukwu Bunker, National War Museum
The federal government has given Abia State the nod to renovate and upgrade Ojukwu Bunker and War Museum to international…
$18bn: FG Applauds BPP for Saving Nigeria from Huge Contract Frauds
The federal government has commended Bureau of Public Procurement (BPP) for saving the country from losing trillions of naira to…
Presidency Flaunts Counter-terrorism Record Amid America’s CPC Designation
The presidency, yesterday, made public an abridged update on the country’s counter-terrorism operations, detailing arrests, convictions, and significant declines in terror-related deaths…
FG Fixes Uniform Prices for Housing Units Nationwide, Approves N12.5m for 3-bedroom Bungalow
The Federal Ministry of Housing and Urban Development has approved and announced uniform sale prices for housing units under its…
Nigeria, Poland Deepen Trade Ties with Inaugural Economic Forum in Lagos
The inaugural Polish–Nigerian Economic Forum will take place on September 11, 2025, at the Eko Hotel & Suites, Lagos, marking…
Nigeria’s Non-oil Revenue Rises 40.5% to N20.59trn in Eight Months
The Presidency yesterday declared that the nation was witnessing a historic shift in its public finances, with non-oil revenues driving…