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Category: Business

Business News

Akwa Ibom Speaker Challenges Winners Of His Empowerment Scheme

Lovina EmoleMay 6, 2020 Akwa IbomEmpowerment SchemeRt. Hon. Aniekan Bassey

The Speaker of Akwa Ibom State House of Assembly, Rt.Hon. Aniekan Bassey has encouraged the March and April winners of his empowerment scheme, Rt. Hon…

View More Akwa Ibom Speaker Challenges Winners Of His Empowerment Scheme
Business News

Effect of Covid 19: Akwa Ibom Slashes 2020 Budget

Lovina EmoleApril 29, 2020 2020 BudgetAkwa IbomCOVID-19Hon. Aniekan BasseyUdom Emmanuel

Akwa Ibom State House of Assembly had on Wednesday passed into law the amended 2020 appropriation law from initial N597.74billion outlay to N195billion to meet…

View More Effect of Covid 19: Akwa Ibom Slashes 2020 Budget
Business News

Wike announces partial lift of ban on trading activities in Rivers State

National Ambassador.April 6, 2020 COVID-19Easter celebrationNyesom Ezenwo WikeRivers State

The Rivers State governor Ezenwo Nyesom Wike has  announced  partial lifting of the closure and  ban on markets in Rivers State with effect from tomorrow.…

View More Wike announces partial lift of ban on trading activities in Rivers State
Business

Non-availability of fund: SME Operators cry out in Umuahia

Kate OkerekeMarch 11, 2020 Bank of IndustryChidi AruomaMinistry of SMEOkezie IkpeazuOnyema Wachukwu

  Operators of Small and Medium Enterprises (SME), have decried the absence of funding for the start up of new businesses as well as the…

View More Non-availability of fund: SME Operators cry out in Umuahia
Business

WHAT NIGERIANS DON’T KNOW ABOUT THE RECENT ELECTRICITY TARIFF HIKE

ninjaFebruary 7, 2020

The Manufacturers Association of Nigeria (MAN), has charged the nation’s economic managers on the need to attract significant investment to encourage large scale generation and…

View More WHAT NIGERIANS DON’T KNOW ABOUT THE RECENT ELECTRICITY TARIFF HIKE
Business

SEE HOW CORONA VIRUS OUTBREAK IS COSTING NIGERIA A LOT OF DOLLARS

ninjaFebruary 5, 2020

There are indications that Organisation of Petroleum Exporting Countries (OPEC), and its allies, especially Russia, will further cut oil supply by 500,000 barrels per day…

View More SEE HOW CORONA VIRUS OUTBREAK IS COSTING NIGERIA A LOT OF DOLLARS
Business

SHOCKING REASON WHY PENCOM HAS NOT PAID ARREARS

ninjaFebruary 4, 2020

The National Pension Commission (PenCom), has said outstanding payment of accrued pension liabilities by the Federal Government to the retirees under the Contributory Pension Scheme…

View More SHOCKING REASON WHY PENCOM HAS NOT PAID ARREARS
Business

Over $1 Billion Investments Has Made Its Way To The Nigerian Automobile Industry

ninjaFebruary 1, 2020

Nigeria’s automobile industry received a boost with over $1billion investments from renowned auto manufacturers in 2019, thereby lifting capacity to at least 408,870 vehicles yearly.…

View More Over $1 Billion Investments Has Made Its Way To The Nigerian Automobile Industry
Abia State Government Business News Society

Ikpeazu Charges Women To Get Involves in Practical Leadership

Chibunna IkeokwuFebruary 1, 2020Gallery

wife of Abia Gov. Mrs. Ikpeazu and other participants at Lucent 2020 women conference  The Wife of Abia State Governor, Mrs. Nkechi Ikpeazu, has called…

View More Ikpeazu Charges Women To Get Involves in Practical Leadership
Business

Amazon Earnings Strong as its Shares Prices Rise

ninjaFebruary 1, 2020

Amazon shares shot higher Thursday after the internet colossus released quarterly earnings figures for the holiday quarter that trounced market expectations. Profit in the final…

View More Amazon Earnings Strong as its Shares Prices Rise
Business Features

New Strategies to Yield N20 Billion from Solid Minerals

ninjaJanuary 29, 2020

Due to dwindling revenue, the Federal Government says it would put in place necessary measures and strategies, aimed at generating up to N20 billion from…

View More New Strategies to Yield N20 Billion from Solid Minerals
Business

Market Confidence On the Rise as Analysts See rising liquidity

ninjaJanuary 21, 2020

Sentiments on the Nigerian equities remained positive as investors continued to chase the inflation adjusted earnings in the face of declining fixed income yields. Although…

View More Market Confidence On the Rise as Analysts See rising liquidity
Business

Open Banking, CeBIH is playing a role in Nigeria’s e-payment growth that no one is talking

ninjaJanuary 21, 2020

Open Banking is an initiative that is aimed at addressing the challenge confronting many bank customers, especially those with multiple bank accounts. For these customers,…

View More Open Banking, CeBIH is playing a role in Nigeria’s e-payment growth that no one is talking
Abia State Government Business News Society

Ikpeazu Charges Abians to take pride in made in Abia products

Chibunna IkeokwuJanuary 16, 2020

Wife Of Abia Gov. Mrs Ikpeazu.  The Wife of Abia State Governor, Mrs. Nkechi Ikpeazu has charged every Abians to take pride in whatever they…

View More Ikpeazu Charges Abians to take pride in made in Abia products
Business

You are Paying More Just because you are an African: People Living in Africa Paid 3.5 times more than the Affordability Threshold in Data

ninjaJanuary 16, 2020

People living in Africa are charged an average of 7.1 per cent of their monthly salary for a gigabyte (GB) of mobile data, more than…

View More You are Paying More Just because you are an African: People Living in Africa Paid 3.5 times more than the Affordability Threshold in Data
Business

UMCCIMA promises to end multiple taxation among SMEs

Kate OkerekeDecember 14, 2019 Abia StateChief Chidi AruomaPolaris bankSMESterling bankUmuahia Chamber of Commercezenith bank

    As part of actions to provide an enabling environment for Small and Medium Enterprises (SMEs) to thrive, the Umuahia Chamber of Commerce, Industry,Mines…

View More UMCCIMA promises to end multiple taxation among SMEs
Business News

CBN Reviews Stamp Duty Charges On Bank Transactions

National Ambassador.November 28, 2019 Central Bank of Nigeriaelectronic paymentsGodwin EmefieleStamp Duty

The N50 stamp duty charges on electronic payments in the country have been reviewed by the Federal Government. This coming after the charges received backlash…

View More CBN Reviews Stamp Duty Charges On Bank Transactions
Business News

Abia govt to partner ICAN on capacity training for civil servants

Amarachi UzoukwuOctober 25, 2019 49th Annual Accountants ConferenceInstitute of Chartered Accountants of NigeriaMazi Nnamdi OkwuadigboOkezie Ikpeazu

Abia State Government says it is committed in partnering with the Institute of Chartered Accountants of Nigeria (ICAN) to enhance capacity for Accountants in the…

View More Abia govt to partner ICAN on capacity training for civil servants
Business Health News

Globacom to launch Abia-Glo Connect Care campaign

National Ambassador.October 24, 2019 Abia StateGlobacomJohn Okiyi KaluMacualy Akoko

The Abia-Glo Connect to Care campaign, a community health advocacy/social mobilization exercise aimed at boosting health care delivery of Abians through Tele-health initiative will soon…

View More Globacom to launch Abia-Glo Connect Care campaign
Business News

Poor performance: CSO demands lawmakers’ oversight in 2020 Budget implementation in Akwa Ibom

Lovina EmoleOctober 22, 2019 2020 Budget implementationAkwa IbomUdon Emmanuel

The Coordinator of a Civil Society Organisation in Akwa Ibom Social Action Anti-corruption Network, ANN Udont has tasked lawmakers in the state to ensure proper…

View More Poor performance: CSO demands lawmakers’ oversight in 2020 Budget implementation in Akwa Ibom
Business News

FG to reopen toll Gates on highways

National Ambassador.October 3, 2019 Babatunde Fashola

The Federal Government has revealed its plans to re- introduce toll gates on federal highways.  The Minister of Works and Housing, Babatunde Fashola confirmed this…

View More FG to reopen toll Gates on highways
Business News

CSO speaks on ban of street trading in Rivers

National Ambassador.August 26, 2019 Nyesom WikeRivers StateStreet Trading

The task force on street trading, illegal market, and motor parks set up by the Rivers State Government is expected to commence work today. Governor…

View More CSO speaks on ban of street trading in Rivers
Business News

50 African women speak project out launched in Abia

National Ambassador.August 25, 2019 Mrs Angela Nwaogwogwu

A WOMEN LEADERSHIP AWARENESS & MOBILIZATION project code named 50 million African women speak out project has been inaugurated in Abia state with a charge…

View More 50 African women speak project out launched in Abia
Business News

Govt warns market executives against indiscriminate erection of stalls

National Ambassador.August 20, 2019 Abia StateMarket ExecutiveMr Ifeanyuchukwu AhanihuMr Udoka JamesUde Oko Chukwu

Abia State deputy governor, Sir Ude Oko Chukwu has warned the leadership of Aba shopping centre to stop further erection of any structure within the…

View More Govt warns market executives against indiscriminate erection of stalls

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