In line with its vision to make businesses thrive in Abuja, the Federal Capital Territory Administration, FCTA, has trained 100 small scale business owners on how to benefit from the FCT cash transfer initiative to grow their businesses. The applicants for the FCT- CARES cash transfer, drawn from the six Area Councils, were trained by the Abuja Enterprise Agency, AEA, saddled with the task of promoting and supporting ease of […]
The Dangote Petroleum Refinery has listened to the calls of oil marketers as regards the reduction in the price of Automotive Gas Oil, popularly called diesel. On Tuesday, the refinery announced a reduction in the price of diesel from N1,200/litre to N1,000/litre, a development that triggered excitement among operators in the downstream oil sector. Dangote refinery announced this in a statement issued on Tuesday by its spokesperson, Tony Chiejina. The […]
The International Organization for Standardization (ISO) has certified the operations of Benue Investment and Property Company Limited (BIPC) as meeting international standards. The Managing Director of Occupational Safety Consultants (OSC) Ltd., Kelvin Acka, presented the certificate on behalf of the ISO, saying the certification signifies that BIPC has implemented robust quality management systems that adhere to internationally recognized standards. Acka explained that the company has demonstrated their commitment to customer […]
In recent times, the West African sub-region has been struggling with significant economic and financial challenges, including high fiscal deficits, rising public debt levels, low growth rates, persistent external Imbalances and weak domestic resource mobilisation capacity. Against this Backdrop, the Director General, West African Institute for Financial and Economic Management, WAIFEM, Dr Baba Musa said improving debt management strategies and practices to ensure Debt sustainability and long-term economic growth has […]
The Minister of the Federal Capital Territory, Mr Nyesom Wike, has stressed the need for investors in the territory to be committed to paying their taxes, for the development of the city. Wike stated this in Abuja when he received a delegation of the Sunrise Estate Developers, and the Nadeem Group, that paid him a working visit in Abuja. The Minister explained that FCT Administration relied on the payment of […]
In a bid to actualize the short-term goals of a renewed Benue as enshrined in the administration policy of Rev. Fr. Dr. Hyacinth Iormem Alia, the Executive Governor of Benue State, the Managing Director of Benue Investment and Property Company Limited (BIPC), Dr. Raymond Asemakaha today inspected construction work on the BIPC bakery and the total renovation of the BIPC Guests House North Bank. ALSO READ: Benue gets Fitch Ratings, […]
The nation’s Gross Domestic Product growth fell to 2.74 per cent in 2023 from 3.10 per cent in 2022, according to new GDP report released by the National Bureau of Statistics on Thursday. This represents the slowest growth since 2020 when the economy contracted and entered into a recession by –1.92 per cent due to the COVID-19 pandemic. The NBS in its ‘Nigerian Gross Domestic Product Report, (Q4 2023)’ released […]
The Comptroller General of Customs, Adewale Adeniyi, has said that the distribution of seized food items would commence on Friday. Adeniyi, while speaking with journalists on Thursday in Lagos, warned that the distributed seized food items was not to be resold. Adeniyi also warned that customs officers were banned from partaking in the exercise, adding that the rice would come in 25kg, which would be sold for N10,000. Recall that […]
Minister of the Federal Capital Territory, FCT, Mr Nyesom Wike, wants the Abuja Technology Village along the airport road, to take possession of its land from illegal settlers and attract investors. The Minister who stated this during an inspection of the Tech village in Abuja, said the land when reclaimed, would give way for construction of an office, and leave the rented apartment in the premises of Abuja Chamber of […]
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