By Bayo Onanuga Abuja (Flowerbudnews): President Bola Ahmed Tinubu has slashed the number of people accompanying him on local and foreign trips by 60 percent to reduce cost of governance. The directive announced today by Special Adviser on Media, Ajuri Ngelale also affects the Vice President Kashim Shettima and theContinue Reading
By Alex Vines Africa in 2024 will be the second fastest-growing economic region in the world (after Asia) at 4%, according to the International Monetary Fund (IMF), but behind the headline figure is a less auspicious reality. Fresh conflicts, more military coups, the renewed Israel-Gaza conflict, and theContinue Reading
By Iyiola Olalere Oshogbo (Flowerbudnews) The investment base of the Osun State owned Omoluabi Holdings Limited has grown beyond two billion naira.and may surpass 3 billion in the next few years, Alhaji Kola Alimi, the Company’s Chief Executive Officer has disclosed. Alimi made the disclosure while speaking in anContinue Reading
By Biola Lawal Abuja (Flowerbudnews): Yhe Federal Capital Territory Internal Revenue Service (FCT-IRS) has urged Ministries, Departments, Agencies of government and other employers of Labour in FCT to file their annual returns of income for 2023 on or before January 31st ,2024. In a statement signed by Mustapha Sumaila,,Continue Reading
By Emmanuella Anokam Abuja: A Chinese firm, Beijing Zhogmin Xinjunlong New Energy Technology Company Ltd. and NIGUS International, a Nigerian firm, have signed $1 billion agreement to fund and develop gas flaring solutions for Nigeria. The News Agency of Nigeria (NAN) reports that the pact signing held on FridayContinue Reading
By Biola Lawal Abuja (Flowerbudnews): The National Agency for Food and Drug Administration and Control (NAFDAC) has announced palliatives to help Micro Small and Medium Enterprises (MSMEs) survive the temporary economic fallouts of fuel subsidy removal. The palliatives were also aimed at enhancing achievement of Federal Government’s ease ofContinue Reading
By Emmanuella Anokam Some Oil and Gas Experts have said that the coming on stream of both Port Harcourt and Dangote refineries may lead to some marginal reduction in the cost of petroleum products and not a significant price crash. The experts made this known in an interview with theContinue Reading
By Lucy Ogalue The Nigerian Investment Promotion Commission (NIPC) said it had granted three years tax exemption to 34 companies in 2023. Mrs Lovina Kayode, Head of Incentives Administration, NIPC, told newsmen in Abuja that the exemption was to promote the company’s investments drive towards developing the nation’s economy. “ThisContinue Reading
By Yunus Yusuf The NIPCO Gas Limited says it has inaugurated Auto CNG station in Kubwa, Abuja in its commitment to drive positive change in the nation”s energy landscape. The Managing Director of NIPCO, Mr Nagendra Verma in a statement on Sunday in Lagos, described the step as a significantContinue Reading
