The Federal Government has taken a significant step towards accelerating economic growth and development by refining the implementation of its 2025 capital budget. This strategic move is aimed at unlocking private sector confidence, driving infrastructure delivery, and sustaining economic growth and development. In line with this objective, the Honourable Minister of Finance and Coordinating Minister...
Category: Business
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NNPC Limited Escapes ₦5 Billion Damages, Secures Landmark Court Victory,
On August 8, 2025, the Court of Appeal, Abuja Division, upheld NNPC Ltd.’s appeal against the Federal High Court’s April 2023 judgement that annulled Senator Ifeanyi Araraume’s removal as non-executive Chairman of the NNPC Board and awarded him ₦5 billion in damages. The Court of Appeal’s judgement spares NNPC Ltd a massive financial payout and...
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WALE EDUN COMMENDS LOTUS CAPITAL’S LEADERSHIP IN NON-INTEREST FINANCE
The Honourable Minister of Finance and Coordinating Minister of the Economy Mr Wale Edun has commended Lotus Capital’s leadership in promoting non-interest finance in Nigeria, emphasising that collaboration between the public and private sectors will be essential to mobilising sustainable, long-term capital for national development. The Minister gave the commendation today in his office in...
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Minister of Industry Commends NASENI Industrial Drive, Advocates Use of Made-in-Nigeria Products
The Honourable Minister of Industry, Trade and Investment Dr. Jumoke Oduwole has commended the transformational strides of the National Agency for Science and Engineering Infrastructure (NASENI) under the leadership of Mr. Khalil Suleiman Halilu The honourable minister made the commendation, after inspecting NASENI facilities, including the NASENI Innovation Hub, NASENI technology site at the Abuja...
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Dangote Bags ‘Cement Company of the Year’ Award At Africa Housing Show
For it support for the real estate sector in Africa, the continent’s biggest cement manufacturing company, the Dangote Cement Plc, has added to its numerous accolades as it bags ‘Cement Company of the Year’ award at the just concluded Africa International Housing Show (AIHS) in Abuja. The Dangote Cement Plc is one of the sponsors...
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NIGERIA, KUWAIT FUND PARTNER TO REVOLUTIONIZE EDUCATION IN KADUNA STATE
In a significant step towards improving access to quality education in Nigeria, the Federal Government and the Kuwait Fund for Arab Economic Development have partnered to support the Reaching Out-of-School Children programme in Kaduna State. This partnership is built on a US$25.35 million concessionary loan agreement signed today between the Federal Government of Nigeria on...
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AAAG Elects Ogunjimi as Deputy Chairperson
The Accountant General of the Federation, Mr. Shamseldeen Babatunde Ogunjimi, has been elected as the Deputy Chairperson of the Executive Committee of the African Association of Accountants General (AAAG). The election took place during the Association’s Annual General Meeting (AGM), held on July 28, 2025, in Accra, Ghana. The event was attended by Accountants General...
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FG Targets Education, Agriculture with N68.7bn Power Projects Across Nigeria
The Federal Government has approved contracts worth ₦68.7 billion for major electricity projects aimed at improving power supply to universities, teaching hospitals, and rural communities involved in agriculture across Nigeria. Minister of Power, Adebayo Adelabu, disclosed the development to journalists after this week’s Federal Executive Council meeting, which was presided over by President Bola Tinubu...
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TINUBU OFFERS AUTOMATIC EMPLOYMENT, SCHOLARSHIP, CASH TO 210 EX-CORPS MEMBERS
President Bola Ahmed Tinubu, GCFR, has offered automatic employment, Scholarship within Nigeria up to Doctorate level and cash awards of N250,000 each, to a total of 210 ex-Corps Members drawn from 2020 – 2023 service years. This number is comprised of 200 who went beyond the call of duty to distinguish themselves in the course...
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CGC Adeniyi Honours Late Journalist Dr. Leon Usigbe With Heartfelt Tribute at State House
By Folusho Adeogun The Presidential Villa, Abuja, became a site of reflection and reverence on Monday, 27 July 2025, as the Comptroller-General of the Nigeria Customs Service (NCS), Bashir Adewale Adeniyi, paid a solemn visit to the State House Press Gallery to honour the memory of the late Dr. Leon Usigbe, Abuja Bureau Chief of...