FG Withdraws $1.1bn Civil Claims Against Eni, Ending Long-standing Legal Battle
In a significant development, the Federal Government of Nigeria has finalized its decision to withdraw civil claims amounting to $1.1 ...
Tag: Federal Government
FG Revenue dropped by N15.7 Trillion Over Eight Years
Nigeria's federal government has faced a significant revenue challenge, experiencing a shortfall of N15.7 trillion over the past eight years, ...
FG Allocates N7.76tn for Salaries and Non-Debt Recurrent Costs in 2023 Budget
In a recent development, the Federal Government of Nigeria has earmarked a substantial sum of N7.76tn for salaries to federal ...
FG Saves N1.45 Trillion as Petrol Subsidy Removal Benefits Emerge
In a significant fiscal development, the Federal Government of Nigeria has successfully saved approximately N1.45 trillion from the removal of ...
FG Allocates N5.1 Billion for Presidential Yacht and N5.5 Billion For Student Loans
The Federal Government of Nigeria has proposed the allocation of N5.095 billion for the purchase of a Presidential yacht and ...
FG Aims to Bring Down Dollar Rate to N750 by December, 2023.
In a recent interview with Bloomberg News, Taiwo Oyedele, the Chair of the Presidential Committee on Fiscal Policy and Tax ...
Naira Strengthens as Anticipation Mounts for $10 Billion Forex Inflows
The Nigerian naira has experienced a boost as the Federal Government unveils the sources of an anticipated $10 billion forex ...
Rising Cooking Gas Prices Hit N12,500 on Nigeria’s Independence Week
As Nigeria marked its 63rd Independence anniversary, the cost of a 12.5kg cylinder of Liquefied Natural Gas (LNG), commonly used ...
FG and NLC Reach Resolutions Following Fuel Subsidy Dispute
In a statement issued late on October 1, 2023, by Mallam Mohammed Idris, the Minister of Information and National Orientation, ...
FG Secures $1.95 Billion in World Bank Loans Amidst Debt Concerns
Nigeria, facing concerns over its rising debt profile, has secured a total of $1.95 billion in loans from the World ...
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