December 10, 2023
Vinikilang Hayin Gada along, Mudi-Yola Road, jimeta, Adamawa State, Nigeria
Economy

Gombe youths encouraged to Embrace Skill Acquisition For Self-Reliance

By Yakubu Jekadafari     Youths in Gombe state have been advised to avail themselves the opportunities provided by the federal government through the Federal Ministry of Labour and Employment to acquire skills that would make them self-reliant.   The state controller federal ministry of Labor and Employment, Malam Magaji Adamu, made the call while […]

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Economy

ANAN TASKS MEMBERS ON PROFESSIONALISM AND ETHICS.

By MUHAMMAD JAMIL ABUBAKAR.   The President of the National Association of Accountants of Nigeria, ANAN Dr James Ekerare Neminebor has charged new fellows of the association to be professional and maintain core values in the discharge of their duties.   The ANAN National President said this in Gombe during the 3rd session of 2023 […]

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Economy News

Currency Redesign Policy has enhanced our Financial Literacy: Adamawa Business Women.

By Gloria Abutu Business women in Adamawa state have said the naira redesign policy of the federal government has enabled them to embrace digital technology. They made this known during an interview with Fombina News in Yola. The currency redesign policy was introduced by the Central Bank of Nigeria, CBN on October 26, 2022. The […]

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Economy News

N-KNOWLEDGE EXPANSION TRAINING GRADUATES OVER THREE HUNDRED YOUTHS ACROSS NORTH EAST.

By Shekara Anthony About three hundred and nine youths drawn from the six states of the North East have graduated from two months N- Knowledge Expansion Training Programme under the N-Power. The two months training programme which was conducted in Yola Adamawa State brought together young men and women from Adamawa, Borno, Bauchi, Gombe, Taraba […]

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Economy

FG AND PARTNER COMMITS 50 MILLION DOLLARS TO NEW PROJECTS.

The Federal Government and Vitol, a multinational energy and commodities company have committed an initial sum of 50 million dollars for projects such as climate-smart agriculture, green industrial technologies, and waste management among others. The project, coming through Nigeria Sovereign Investment Authority, NSIA, will cut across several sectors, including agriculture, energy, and manufacturing. According to […]

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Economy

PMB: FG to Deepen Gas Utilisation in Nigeria.

By Dauda Iliya President Muhammadu Buhari has reiterated the federal government resolve to implement programmes that will deepen domestic gas utilisation and extend national power generation capacity. The President made this known at inauguration of the first phase fifty megawatts Emergency Power Plant MEPP project in Maiduguri. Maiduguri and other parts of Borno state were […]

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Economy Politics

Nigerians lament bank app crashes as transaction failure persists

Following the directive of the Central Bank of Nigeria for the swapping of old naira notes to new notes, Nigerians have begun to lament the challenges involved in the process despite the extension to February 10, 2023. Checks by The Fombina news showed that the people are not only experiencing challenges in swapping the old […]

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All Business Economy

Circulating redesigned naira: Banks still dispensing old notes

FOLLOWING, yesterday, release into circulation of the newly designed denomination of N200, N500, and N1,000 by the Central Bank of Nigeria, CBN, some commercial banks are still paying bank customers with the old naira notes. This reporter, who visited over eight branches of commercial banks in the Ikotun, Igando, Egbeda, and Ikeja axis in Lagos, […]

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Business Economy

MAN, expert flay FG’s reason for excess tax on soft drinks

The Manufacturers Association of Nigeria, MAN and experts have described moves by the Federal Government, FG, to use health reasons as justification to increase excise tax on non-alcoholic drinks as misleading, adding that the reasoning defies all economic logic and Nigeria’s realities. This is coming barely  two weeks after the Sectoral Group of the MAN […]

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Business Economy Politics

2023: FG, states budget N19.16trn on salaries, pensions, others

The Federal and 35 of the 36 state governments, including the Federal Capital Territory, Abuja, are to spend the sum of N19.16 trillion on payment of salaries, pensions, emoluments and others in 2023. They have also budgeted a miserly N11.435 trillion for capital projects. The recurrent expenditure could be more because most of the budget […]

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