FG Seeks Saudi Investment For Infrastructure Development
The federal government has initiated discussions with the Saudi Fund for Development (SFD) to secure investments for the country’s infrastructure development. Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, hosted a high-level delegation from the fund, led by its Chief Executive Officer (CEO), Mr. Sultan Al-Marshad, in Abuja recently. According […]
Read MoreFG Seeks Investors For $18.5bn Centenary City Project In Abuja
The federal government has renewed calls for investors to explore opportunities in the $18.5 billion Centenary City project in Abuja. Honourable Minister of Housing and Urban Development, Arc. Ahmed Musa Dangiwa, made the appeal while receiving a delegation from Centenary City Plc, led by its Vice Chairman and former Secretary to the Government of the […]
Read MoreFG Commits To Strengthening Nigeria’s Capital Market
The federal government has pledged to strengthen Nigeria’s capital market as a cornerstone for economic growth and wealth creation for its citizens. This commitment was reiterated by the Honourable Minister of State for Finance, Mrs. Doris Uzoka-Anite, during a weekend meeting with the board of the Securities and Exchange Commission (SEC) in Abuja. Mrs. Uzoka-Anite […]
Read MoreFG Expands Infrastructure Financing With ₦1trn Sukuk Bond
The federal government has issued six Sovereign Sukuk bonds valued at ₦1.1 trillion (approximately $657.6 million) to fund 124 federal road projects spanning over 5,820 kilometers across the country’s six geopolitical zones. This announcement was made by Dr. Emomotimi Agama, Director-General of the Securities and Exchange Commission (SEC), during the second International Islamic Capital Market […]
Read MoreFG Launches ₦198bn Loan Fund To Empower MSMEs In 2025
In a decisive move to bolster micro, small, and medium enterprises (MSMEs) across the nation, the federal government has unveiled a ₦198 billion syndicated loan fund. Scheduled to roll out in the first quarter of 2025, this initiative aims to enhance entrepreneurship and spur economic growth in every state of the federation. The program introduces […]
Read MoreFG Secures $119m Investment For Tech Hubs, MSMEs
The federal government has secured approximately $119 million in investments aimed at developing tech hubs and supporting micro, small, and medium enterprises (MSMEs). This major development was recently disclosed by Mr. Stanley Nkwocha, Senior Special Assistant to the President on Media and Communications. This investment is the outcome of Vice President Kashim Shettima’s recent engagement […]
Read MoreFG Injects N1trn Into Manufacturing Sector
In a significant move to rejuvenate the manufacturing sector, the Federal Government of Nigeria has infused N1 trillion in palliatives over the past year. This announcement was made by Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, during a recent public hearing on the Finance Act (Amendment) Bill 2024, organised […]
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