The Federal Government of Nigeria has officially launched the Revenue Optimisation and Assurance Project, popularly called REV-OP, as a new step to reduce revenue leakages, improve transparency, and strengthen Nigeria’s …
FEDERAL GOVERNMENT
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EconomyFinance & ServicesGOVERNMENTPoliciesTechnology
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DevelopmentEconomyGOVERNMENTINVESTMENTReal Estate
FG to Build 77,400 Social Housing Units and Launch Renewed Hope Cities in Lagos, Abuja, and Kano
The Federal Government of Nigeria has announced a major housing initiative aimed at reducing the country’s housing deficit. Under President Bola Ahmed Tinubu’s Renewed Hope Agenda, the government plans to …
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AfricaAgricultureBusinessDevelopmentEconomyGOVERNMENTManufacturingTrade and Commerce
FG to Launch Industrial Hubs in Kano, Abia, Lagos, and Ogun to Drive Full-Scale Industrialisation
The Federal Government has announced plans to establish new industrial hubs in four states as part of a broader strategy to boost Nigeria’s economy through manufacturing and innovation. This was …
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Banking, Finance & InvestmentEconomyFinance & ServicesGOVERNMENTNigeriaPolicies
Federal Government Inaugurates New AMCON Board, Sets Timeline for Wind-Down
The Federal Government has officially inaugurated a new Board of Directors for the Asset Management Corporation of Nigeria (AMCON), with a strong message to focus on recovering assets and begin …
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EconomyGOVERNMENTINVESTMENTMarkets
FG raises N4.3bn from May 2025 savings bonds as retail investors show strong interest
The Debt Management Office (DMO) has successfully raised a total of ₦4.3 billion from its May 2025 Federal Government Savings Bond offer, showing sustained interest from retail investors in low-risk …
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AviationEconomyGOVERNMENTInfrastructureLabourNigeriaPoliciesTransportation & Logisitics
Aviation Union Raises Alarm Over Safety, Revenue Cuts, and Labour Concerns
The President of the National Union of Air Transport Employees (NUATE), Ben Nnabue, has warned that the continued deduction of 50 per cent from the internally generated revenue (IGR) of …
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BusinessDigital EconomyFinance & ServicesGOVERNMENTNigeriaTechnology
FG Launches National e-Invoicing Committee to Curb Tax Evasion, Boost Revenue
The Federal Government has launched the National Electronic Invoicing Inter-Agency Steering Committee to supervise the introduction of a new digital platform called the Merchant Buyer Solution. This platform is designed …
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AgribusinessAgricultureBusiness and EconomyGOVERNMENTInfrastructureNigeriaWestern Africa
FG Launches Agro-Processing Zones to Boost Food Security, Farmers’ Income
Stakeholders in Nigeria’s agricultural sector have expressed strong support for the Federal Government’s launch of the Special Agro-Industrial Processing Zones (SAPZ), describing the initiative as a major step toward food …
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EconomyGOVERNMENTInfrastructureNigeriaTransportation & LogisiticsWestern Africa
Lagos Traffic Gridlock as FG Begins Independence Bridge Repairs
Lagos residents faced heavy traffic congestion on Wednesday following the unexpected closure of the Independence Bridge for repairs. The situation was worsened by an early morning downpour, leaving commuters stranded …
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BusinessBusiness and EconomyEconomyGOVERNMENTNigeriaWestern Africa
FG Identifies 457 Illegal Mining Sites Nationwide, Vows Tough Crackdown
The Federal Government has disclosed that a total of 457 illegal mining sites have been identified across Nigeria within the past year, a revelation that underscores the scale of unregulated …