Business & Economy (Page 426)

(FLOWERBUDNEWS) The Senate is throwing its full weight behind the 10billion dollars Train seven Project investment in the nation’s gas sector, by the Nigeria Liquefied Natural Gas (NLNG). It also urged Nigerians to actively participate in the project which would create 10,000 new jobs and expand gas production capacity byContinue Reading

Kaduna, Nov. 7, 2019 (FLOWERBUDNEWS) The Kaduna State Internal Revenue Service (KDIRS) said on Thursday that the state has generated N30.3 billion as Internally Generated Revenue (IGR) in 10 months. The Executive Chairman, KDIRS, Dr Said Abubakar, made this known in an interview with News Agency of Nigeria (NAN) inContinue Reading

Abuja, Nov. 6, 2019 (FLOWERBUDNEWS) The Republic of India has called on the Federal Government to sustain its policies on boosting local production of rice. The Indian High Commissioner to Nigeria, Abhay Thakur, made the call in Abuja when the Managing Director of Tiamin Rice Mill Ltd. Aminu Ahmed, ledContinue Reading

(FLOWERBUDNEWS) China’s central bank cut the interest rate on its one-year medium-term lending facility (MLF) loans on Tuesday for the first time since early 2016, as policymakers work to prop up a slowing economy hit by weaker demand at home and abroad. Analysts said the cut, while modest, may beContinue Reading

(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