The Federal Government, on Tuesday, offered 12 oil blocks and five deep offshore assets for sale as it marketed the assets to global oil sector investors at the ongoing 2024 Offshore Technology Conference in Houston, United States. Speaking at the African Oil Industry Opportunities Session, a side event at the 2024 Offshore Technology Conference, the Chief Executive of Nigerian Upstream …

The Federal Government through the Corporate Affairs Commission (CAC) has issued a two-month registration deadline for Point of Sales (PoS) companies, to register their agents, merchants, and individuals with the commission in line with legal requirements and the directives of the Central Bank of Nigeria (CBN). The agreement was reached on Monday during a meeting between Fintechs and the Registrar-General …

The Coordinating Minister of Health and Social Welfare, Prof. Muhammad Ali Pate, has expressed confidence that the Nigeria Health Sector Renewal Investment Initiative (NHSRII), which President Bola Tinunu launched recently, will improve quality health delivery for all Nigerians. Pate said the NHSRI was anchored on a sector-wide approach, in which the President had mandated every actor within the nation’s health …

Beneficiaries of the Federal Government’s N50,000 grant for nano business owners have started receiving credit alerts. Minister for Industry, Trade and Investment Dr Doris Uzoka-Anite, who confirmed this at the weekend, said no fewer than 200,000 small business owners have received the payment. According to her, 800,000 others will get their grants before the close of the programme by 31 …

The Attorney-General of the Federation (AGF) and Minister of Justice, Lateef Fagbemi (SAN), has promised a review of the law criminalising suicide attempts in the country. He gave the promise when he received a delegation from the Asido Foundation, a non-governmental organisation promoting mental health advocacy and reforms. This was disclosed in a statement made available to newsmen in Abuja …

The federal government has indicated an intention for an upward review of mining license rates and other sundry fees payable by mining operators in the country. The minister of solid minerals development, Dr Dele Alake, who announced this during a consultative meeting with stakeholders in the mining industry, stressed the imperative of the review to boost the capacity of the …

The Federal Government has expressed condolences to the family of 14-year-old Daniel Anjorin, who tragically lost his life in a sword attack that occurred in London on Tuesday. The Chairman of the Nigerians in Diaspora Commission (NiDCOM), Hon. Abike Dabiri-Erewa, on Thursday, described the incident as “unfortunate, sad, and gruesome”. According to a statement by NiDCOM spokesperson, Abdur-Rahman Balogun, Dabiri-Erewa …

The Minister of Works, Senator David Umahi has said that the Federal Government would today (Wednesday) pay N2.75 billion compensation to property owners affected by the demolition necessitated by the construction of the Lagos-Calabar Coastal Highway spanning from Channel 0 to Channel 3. During a stakeholders meeting in Lagos on Wednesday, the minister said: “To show sympathy for people who voted …

The federal government has unveiled the Aso Accord on Economic and Financial Inclusion, a multi-pronged blueprint designed to achieve universal access to financial services across Nigeria. The accord, signed on Thursday, 25th April 2024 at the State House Banquet Hall, represents a core pillar of President Bola Ahmed Tinubu administration’s Renewed Hope Agenda to transform the nation into a $1 …

The Minister of Works, Sen. Dave Umahi, on Saturday in Lagos, flagged off the demolition of a section of the Landmark Beach, the Mami Chula Beach Lifestyle, to give way to the Lagos-Calabar Coastal Highway Umahi began the demolition after he inspected kilometres 13, 16 and 20 to ensure the most economical and viable way to access the coastal roads …