The total transaction value is approximately 8.3 billion dollars, including Spirit’s last reported net debt, according to Boeing. SAN FRANCISCO: (Xinhua)/Flowerbudnews: — Boeing on Monday announced it has entered into a definitive agreement to acquire Spirit AeroSystems. The merger is an all-stock transaction at an equity value of approximately 4.7Continue Reading
Oil prices rose on Monday, helped by expected peak summer consumption and OPEC+ production cuts, though gains were capped by rising output from other producers and the potential for economic volatility resulting from a changing political landscape. Brent crude futures rose 54 cents, or 0.64%, to $85.55 a barrel byContinue Reading
The naira depreciated against the dollar at the official market (NAFEM) to N1,490 on Monday. This was against the N1,485 to the dollar it closed at the segment on Friday. The currency had been relatively stable around N1,470 and N1,480 to the dollar in the segment since theContinue Reading
By Talatu Maiwada The Association of National Accountants of Nigeria (ANAN), Adamawa branch, has assured the participants of security ahead of its upcoming third session of the 2024 Mandatory Continuing Professional Development (MCPD) Programmme. Association’s Branch Chairman, Dr Titus Obadiah, during a news conference in Yola on Monday, said theContinue Reading
The headquarters of the Christ Embassy Church, located in the Oregun area of Ikeja, Lagos State, reportedly caught fire on Sunday morning. This was revealed in multiple videos from the scene shared on X.com on Sunday. Officials of the Lagos State Fire and Rescue Service areContinue Reading
The Administration of Governor Ahmed Usman Ododo, in partnership with the World Bank, has flagge off the Community Revolving Fund (CRF) loan disbursement under the ACReSAL project. The scheme is a proactive initiative aimed at addressing the challenges of climate change and support community agricultural efforts Governor Ahmed Usman Ododo,Continue Reading
Flowerbudnews The Nasarawa State Government has commended a mining company, Hasetins Commodities Limited (HCL) for initiating projects that benefit the communities where it operates. The Governor, Abdullahi Sule gave the commendation during the flag off of road construction and drilling of boreholes in Uke, a community in KaruContinue Reading
Flowerbudnews w The Federal Government and Cross-River State are enhancing their collaboration to sanitise the mining sector and address the issue of illegal mining operations in the state. Speaking while receiving Cross-River State Governor, Sen. Bassey Otu, in his office, Dele Alake, highlighted that the visit exemplifies the renewedContinue Reading
By Mohammed Jibril (PhD) (Department of Accounting, Federal University of Lafia. jibril.mohammed@ms.fulafia.edu.ng ) Lafia (Flowerbudnews): The national minimum wage in Nigeria is reviewed after every five years. The last minimum wage was signed into law on 18th of April 2019. That means it is overContinue Reading
