The National Human Rights Commission (NHRC) is deeply saddened by the passing of former Inspector General of Police, Dr. Solomon Arase, a distinguished friend of the Commission and a stalwart champion of human rights. On behalf of the Management and Staff of the Commission, l extend our heartfelt condolences to his family, colleagues, and the...
Category: Business
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FGN DEEPENS SOUTH-SOUTH ECONOMIC COOPERATION WITH BRAZIL
The Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, today, led Nigeria’s economic delegation to a high-level Business Roundtable hosted by Citi at its São Paulo Headquarters. The event took place on the sidelines of President Bola Ahmed Tinubu’s historic State Visit to Brazil. In his keynote address, the Minister...
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FG, STATES, LGCs SHARE N2.001 TRILLION JULY 2025 REVENUE
A total sum of N2.001 trillion, being July 2025 Federation Account Revenue, has been shared to the Federal Government, States and the Local Government Councils. The revenue was shared at the August 2025 Federation Account Allocation Committee (FAAC) meeting held in Abuja. The N2.001 trillion total distributable revenue comprised distributable statutory revenue of N1,282.872 trillion,...
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FG REFINES CAPITAL BUDGET EXECUTION FOR ACCELERATED GROWTH
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...
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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...