Federal Archives — City Business News

March 3, 2025 No Responses

NLC Threatens Nationwide Protests Over Electricity Tariff

NLC Threatens Nationwide Protests Over Electricity Tariff The Nigeria Labour Congress (NLC) has rejected plans by the Federal Government to regularise electricity tariffs for customers for Bands A, B and C. In a communique released on Sunday after the National...

March 1, 2025 No Responses

NLNG Commits To Cutting Carbon Emission In Readiness For Net-Zero Future

As Africa seeks to harness its vast energy potential to drive economic growth and industrial evolution, NLNG has reiterated that it is focused on reducing carbon emissions to meet evolving market expectations. Delivering the keynote address during a panel sess...

February 28, 2025 No Responses

FG, States, LGs Share ₦1.7tri

Not less than ₦ 1.703 trillion, being January 2025 Federation Account Revenue, has been shared with the Federal Government, states, and local government Councils. A statement issued on Thursday by the Director of Press and Public Relations, Office...

February 28, 2025 No Responses

At NIES 2025, NLNG Harps On Energy Security, Infrastructure

NLNG has called for energy security to be made national priority and emphasised the need for proactive measures to protect energy infrastructure and drive sustainable growth. Speaking at a panel session titled “Driving Cross-Continental Investments: Scaling ...

February 28, 2025 No Responses

FG To MultiChoice: Suspend Fee Hike

The Government through the Federal Competition and Consumer Protection Commission (FCCPC) has directed MultiChoice Nigeria, the operator of DStv and GOtv, to maintain its current subscription prices pending the conclusion of an ongoing investigation into the c...

February 26, 2025 No Responses

N30tri Ways And Means: Senate Accuses CBN Of Obstructing Probe

The Senate Ad-hoc Committee on Ways and Means Advance has accused the Central Bank of Nigeria (CBN) of frustrating its investigation into the N30 trillion Ways and Means Advance and the Anchor Borrowers’ programme under former President Muhammadu Buhari’s ...

February 26, 2025 No Responses

FG Summons MultiChoice Over Subscription Rate Hike

The Federal Government through the Federal Competition and Consumer Protection Commission (FCCPC) has summoned MultiChoice Nigeria over its move to hike subscription rates for DStv and GoTV. Customers under the pay-TV company recently woke up to a notifi...

February 25, 2025 No Responses

Lagos Begins E-Call Up System Enforcement For Trucks

The Lagos State Government has commenced full enforcement of the E-Call Up System introduced to streamline and regulate truck activities along the Lekki-Epe axis of the State. The technology-driven e-call-up system has been in the pipeline for over two years.....

February 23, 2025 No Responses

Tinubu Backs Fintech Firms As Flutterwave Seeks Listing On NGX

President Bola Tinubu said his administration will support businesses in the financial technology sector that provide payment infrastructure services for Nigerians and Africans He said this when he received the leadership of Flutterwave and Alami Capital in Ab...

February 22, 2025 No Responses

Nigeria To Deepen Maritime Collaboration With The Gambia

The Minister of Marine and Blue Economy, Adegboyega Oyetola,has expressed Nigeria’s desire to strengthen maritime collaboration with The Gambia to enhance regional security and economic growth. The Minister made this declaration at the Fourth Blue Economy Co...

February 22, 2025 No Responses

Stakeholders, NDDC Agree On New Regional Master Plan

The Delta Development Commission, NDDC, has adopted a new stakeholder-generated Regional Development Master Plan to replace the 15-year plan, which expired in 2020. This decision was one of the resolutions in a communique issued at the end of the NDDC...

February 19, 2025 No Responses

Senate Corrects Errors In 2025 Appropriations Bill

The Senate has identified and corrected errors in the 2025 Appropriations Bill, which was passed by both the Senate and the House of Representatives last Thursday. The discrepancies were discovered during the final cleaning and realignment process by the Joint...

February 14, 2025 No Responses

NASS Passes ₦54.99tri 2025 Budget

The National Assembly on Thursday passed the ₦54.99trn 2025 Appropriation Bill. The bill was passed separately by the Senate and the House of Representatives. A breakdown of the budget showed N3.645trn for statutory transfers, N14.317trn for debt servicing, ...

February 13, 2025 No Responses

Tariff Hike: NLC Threatens Nationwide Shutdown

The Nigeria Labour Congress (NLC) has condemned the implementation of a 50% tariff hike by telecommunication companies, demanding immediate reversal to the old tariff. The NLC and the Federal Government had earlier constituted a 10-man committee to deliberate ...