FG To Revive 50 Textile Firms

In a bid to revive the country's cotton, textile and garment industry, the Central Bank of Nigeria(CBN) has set up a Textile Revival and Implementation Committee (TRIC), which is saddled with the responsibility of reviving at least 50 textile firms by 2023.

Nobody Runs Railway With Passenger Fares -Amaechi

The Minister of Transportation, Mr. Rotimi Amaechi said on Monday that the Nigerian government is targeting goods that would be carried by rail to repay the loan borrowed from China not from monies paid by passengers.

MTN Lists Shares on Nigerian Stock Exchange

Giant telecommunications company, MTN Nigeria has listed 20 billion ordinary shares at N90 per unit on the Premium Board of the Nigerian Stock Exchange (NSE). The company was officially listed on Thursday at the Stock Exchange House in Lagos.

NULGE Commends Buhari As FG Begins Direct Payment Of Allocation To Councils

The Nigerian Union of Local Government Employees (NULGE) on Monday commended the President Muhammadu Buhari-led government over the recently introduced financial guidelines for Local Governments across the country.

FG Partners P&G on SME Academy

The Federal Ministry of Industry, Trade and Investment have signed a memorandum of understanding (MoU) with American multinational consumer goods corporation, Procter and Gamble Company (P&G) to launch a Small Medium Enterprise (SME) Development Academy.

CBN Clears The Air On Alleged ‘Missing N500bn’ Discussed In Emefiele’s Leaked Audio

The Central Bank of Nigeria (CBN) has dispelled reports that the Governor of the Bank, Godwin Emiefele and some Deputy Governors were instrumental to the discrepancies in the bank’s financial accounts. The clarification followed the publication of an audio recording published by an online newspaper, Saharareporters.

Minimum Wage Implementation Committee Inaugurated - FG

As part of plans to conclude arrangements for the implementation of the new national minimum wage, the Federal Government on Tuesday inaugurated the committee to negotiate the consequential adjustment in salaries arising from the new National Minimum Wage.

FEC Approves N970.2m for Nigeria Customs Service

Federal Executive Council (FEC) on Wednesday, 8th May 2019 approved the sum of N970.2 million for the provision of residential accommodation and procurement of some equipment for the Nigeria Customs Service (NCS). Minister of Finance, Mrs. Zainab Ahmed, made the disclosure during a briefing shortly after the weekly FEC meeting presided over by President Muhammadu Buhari.

Jubilation As FG Ends Degree/HND Dichotomy In CDFIPB

It was all smiles for holders of Higher National Diploma (HND) in the Ministry of Interior as the Federal Government today abolished the dichotomy between holders of Bachelor's Degree and those with HND. The agencies affected are the Nigeria Security and Civil Defense Corps, Nigeria Immigration Service, Nigeria Prisons Service and the Federal Fire Service.

We’ll Charge You To Court NESREA Tells Chinese Firm Operating Illegal Charcoal Exportation

A Chinese company, Kwo Chief Investment Limited, located at Obimo in Nsukka Local Government Area of Enugu State has been sealed off by The National Environmental Standards and Regulations Enforcement Agency, NESREA over illegal production and exportation of charcoal in Nigeria, Daily Trust reported.