Category : Search result: federal government borrowing


Nigeria rejects Trump's 'Country of Concern' designation

The Federal Government strongly rejects former US President Donald Trump's controversial designation of Nigeria as a 'Country of Concern' over alleged genocide, calling the claims baseless and politically motivated.

Nigeria Responds to US Religious Freedom Designation

The Federal Government has officially responded to the United States' decision to include Nigeria on its 'Country of Particular Concern' list for religious freedom violations. Get the full details on Nigeria's position and the implications of this designa

FG Releases Shortlisted Applicants for Immigration, Fire Service

The Federal Government has officially released the list of successful applicants for various security and paramilitary agencies including Immigration, Fire Service, and more. Thousands of Nigerian job seekers can now check their application status.

15% Tariff Hike: Why Nigerians Are Furious

The Federal Government's controversial 15% tariff increase faces massive backlash from economists and citizens who argue it will cripple businesses and deepen poverty across Nigeria.

Nigeria Reps Approve Tinubu's $2.34B Loan Request

The Nigerian House of Representatives has approved President Bola Tinubu's request to borrow $2.34 billion and €100 million, part of a larger $8.69 billion and €100 million loan package previously endorsed by the National Assembly during the Buhari admini

FG: Lawyers Must Pay 7.5% VAT at NALT Conference

The Federal Government maintains its stance on VAT compliance for lawyers and law firms, emphasizing revenue generation during the Nigerian Association of Law Teachers gathering.

FG Clears ₦2.3B University Salary Arrears

Nigerian government releases ₦2.3 billion to settle outstanding salary increments and promotion arrears for academic and non-academic staff across federal universities, addressing long-standing grievances in the education sector.

US Government Shutdown Threatens Economic Data Blackout

The potential US government shutdown threatens to halt crucial economic data releases, leaving investors and policymakers in the dark during economic uncertainty. Federal agencies prepare for closure as Congress struggles to reach funding agreement.

House Approves Tinubu's ₦2.35T Loan, ₦500B Sukuk

Nigeria's House of Representatives has approved President Tinubu's massive borrowing plan to fund critical infrastructure projects across the nation, including a landmark Islamic finance initiative.

Nigeria Debt Crisis: Citizens Owe ₦100,000+ Each

Shocking new data reveals Nigerian states' debt burden has skyrocketed, with Lagos and Edo citizens bearing the heaviest load. Discover how this affects everyday Nigerians and what it means for the economy.

Nigeria Reps Approve Tinubu's $2.34B Loan Request

The Nigerian House of Representatives has approved President Bola Tinubu's request to borrow $2.34 billion and €100 million from international lenders to fund critical infrastructure projects and support the 2024 budget.

FG Builds 100-Year Concrete Roads Across Nigeria

Nigeria's Federal Government announces groundbreaking concrete road technology that promises century-long durability, revolutionizing infrastructure development across the nation.

FG, World Bank Train 300 Youths in Fisheries

In a groundbreaking initiative, the Federal Government partners with World Bank to equip 300 young Nigerians with modern aquaculture skills, creating new opportunities in fisheries and agriculture sectors.

Wike's Aide Claps Back Over Dubai Trip Criticism

Lere Olayinka, media aide to Nyesom Wike, claps back at critics questioning his principal's decision to bring his sons to an official engagement in Dubai. Read the fiery response that's got Nigerians talking!

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