Business & Economy (Page 262)

(FLOWERBUDNEWS) In this interview with some Nigeria journalists on the sidelines of the just-ended World Bank/International Monetary Fund Annual Meetings in Washington DC, the President of the African Development Bank, Dr Akinwumi Adesina, shares his vision for Africa, and some interventions by the bank to prepare the continent and itsContinue Reading

(FLOWERBUDNEWS) President Muhammadu Buhari has cautioned officers and men of the Nigeria Police Force against harassing young people in their bid to arrest `yahoo criminals.’ Buhari handed down this warning in his keynote address at the opening ceremony of the Conference and Retreat for Senior Police Officers on Monday inContinue Reading

(FLOWERBUDNEWS) The Akwa Ibom state 2020 budget proposal has been identified as one of the most viable in the country. This was part of a new report released by a budget tracking Civil Society Organisation, BudgIT, recently. It indicated that the budgets of only four states in Nigeria namely AkwaContinue Reading

(FLOWERBUDNEWS) The Presidency says about 250 Nigerian business interests will participate in the African Business Forum, which will bring together African and Russian business leaders in Sochi, Russia, between Oct. 23 and Oct. 25. Malam Garba Shehu, the President’s Senior Special Assistant on Media and Publicity, disclosed this in aContinue Reading

(flowerbudnews) An official has disclosed that the federal government is working on how to disengage over 200,000 N-Power beneficiaries. According to The Guardian, the president’s senior special assistant on social investment, Maryam Uwais, during an interview with NTA, said she is discussing with the Ministry of Finance on the nextContinue Reading

(FLOWERBUNEWS) Despite spending N1.5trillion on the country’s power sector in the last two years, the Federal Government yesterday said it is in the process of investing a fresh $3 billion (N915bn) World Bank loan into the sector. The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, disclosed thisContinue Reading

(FLOWERBUDNEWS) The Ministry of Works and Housing has urged Shelter Afrique to increase the funds it planned to invest as part of efforts in addressing Nigeria’s housing deficit. The News Agency of Nigeria (NAN) reports that Shelter Afrique, an international Non Governmental Organisation (NGO) has earmarked 181 million dollars creditContinue Reading