Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has been appointed as the Chairman of the African Governors’ Forum of the World Bank. The African Governors’ Forum is a platform for African finance ministers and central bank governors to engage with the World Bank on issues ofContinue Reading
The Central Bank of Nigeria has finally lifted the foreign exchange restrictions it placed on importers of 43 items eight years ago, In a statement signed by CBN’s Director of Corporate Communications, Dr. Isa AbdulMumin, the bank said this is a significant change to the foreign exchange market policy.Continue Reading
By Ifeoma Aka Enugu: The Enugu State House of Assembly on Monday approved the N170b loan requested by Gov. Peter Mbah of Enugu State to execute some major projects in the state. The loan request was revealed in a letter read by the Speaker of the assembly, Chief UcheContinue Reading
By Emmanuella Anokam Abuja: The Nigerian National Petroleum Company Limited (NNPC Ltd) has clarified that the contracts for pipeline rehabilitation were awarded based on evaluation criteria and in accordance with industry standards. The management of the NNPC Limited made this known in a statement on Sunday while reacting to reportsContinue Reading
…..Extends Beneficiaries Age Limit From 35 – 40 Years. By Biola Lawal Abuja: (Flowerbudnews): The Federal Government has announced plans to employ five million young Nigerians in the next five years under the N-Power programme now being restructured. This was made known by the N-Power National Programme Manager, Dr.Continue Reading
By Muhyideen Jimoh Riyadh (Saudi Arabia): Dr Sultan Al Jaber, COP28 President-Designate and UAE’s Special Envoy for Climate Change has underscored the need to make the ‘loss and damage’ fund for most vulnerable nations a reality. The ‘loss and damage’ fund was agreed at COP27 summit in Egypt toContinue Reading
By Flowerbudnews Enugu: The National Agency for Food, Drug Administration and Control (NAFDAC) says it will partner with South-East governors to improve productivity and create industrial hubs in the zone. The new South-East Zonal Director of NAFDAC, Mr Martins Iluyomade, revealed this on Thursday during a Media Parley withContinue Reading
Vice President Kashim Shettima says the federal government will support local manufacturers with N75 billion by March 2024 to strengthen the manufacturing sector. Shettima said this while declaring open the second National Conference on non-oil export organised by the Nigerian Export Promotion Council (NEPC) on Wednesday in Abuja. RepresentedContinue Reading
By Flowerbudnews Enugu: The management of Enugu Electricity Distribution Company (EEDC) has charged its staff to raise the benchmark to ensure continuous optimal quality service delivery to its esteemed customers in the South-East. The Managing Director of EEDC, Mr Praveen Chorghade, gave the charge while officially flagging offContinue Reading
