Economy

FG launches ₦590bn bond to offset Gencos’ ₦4tn debt

The Federal Government has begun the process of repaying the ₦4 trillion debt owed to Power Generation Companies with the launch of a ₦590...

FG directs MDAs to roll over 70% of 2025 capital budget to 2026

The Federal Government has ordered ministries, departments, and agencies to carry over 70 per cent of their 2025 capital budget into the 2026 fiscal...

FG rolls out ₦50m grant for tertiary students 

The Federal Government on Monday unveiled a ₦50 million Student Venture Capital Grant, aimed at promoting innovation, research excellence, and entrepreneurship across Nigeria’s tertiary...

‘Nigeria’s joy has come’: Remi Tinubu 

Nigeria First Lady, Senator Oluremi Tinubu, has predicted that a time would come when the country will lend money to other nations, saying great...

NNPC repays part of $3bn Afreximbank loan with ₦991bn crude

The Nigerian National Petroleum Company Limited has serviced part of its $3 billion forward-sale loan from the African Export-Import Bank with crude oil worth...

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