A’Ibom govt adopts ICT to cushion effects of COVID-19
Akpan Umoh, Uyo The Akwa Ibom State Government has begun the application of Information and…
Business
Business
Hidden N19.3bn Kogi Salary Bail-Out Funds returned to CBN
Etim Ekpimah The Central Bank of Nigeria, CBN, has received N19, 333,333,333.36 (nineteen billion, three…
Business
OML 29 well leak: 4 years old dies of air toxicity
Nathan Tamarapreye, Yenagoa The people of Nembe Basamri in Bayelsa on Thursday expressed concerns over…
Business
CBN’s N1.3trn interventions saved power sector from collapse – Experts
But for the timely financial interventions by the Central Bank of Nigeria (CBN) worth over…
Business
2021 Dubai Airshow: Ibom Air signs agreement with Airbus for supply of 10 aircraft
Etim Ekpimah Ibom Air has placed an order for ten (10) A220 aircraft with Airbus,…
Business
US oil firm Heritage Energy appoints Ex-Chevron Executive Adebawo as GM
Nathan Tamarapreye, Yenagoa Heritage Energy Operational Services Limited (HEOSL), a US firm has announced the…
Business
Nembe Aiteo spill: NOSDRA says well still discharging crude
Nathan Tamarapreye, Yenagoa The National Oil Spills Detection and Response Agency (NOSDRA) on Sunday said…
Business
Workers’ strike suspended in Cross River
The month-long workers’ strike in Cross River State has been suspended. The suspension of the…
Business
INEC budgets ₦1.3bn on funerals, Xmas bonus, ₦200m on audit
The Independent National Electoral Commission, INEC is to spend N1.3 billion for funeral grants, Christmas…
Business
A’Ibom 2022 budget: Policy Alert decries recurrent expenditure
Ini Billie, Uyo Budget analysis expert, Policy Alert has decried the allocation of almost 40…
Business
FG vows to end culture of secret ownership companies in Nigeria
The Federal Government has expressed its determination to end the culture of secret ownership of…
Business
Tech firms Zeetin, Hydropolis announce partnership to promote Industrialisation
Nathan Tamarapreye, Yenagoa Technology firms, Hydropolis Investment Limited and Zeetin, Precision Engineering Company have pledged…
Business
President Buhari declares Lagos International Trade Fair open
President Muhammadu Buhari has declared the 2021 Lagos International Trade Fair open. Buhari was represented…
Business
NLC accuses A’Ibom State govt of lack of transparency in funds management
Ini Billie, Uyo The Nigeria Labour Congress (NLC) has accused the Akwa Ibom State government…
Business
Ex-bank manager gets 18 years jail term for N219m fraud in Enugu
Etim Ekpimah The Economic and Financial Crimes Commission, EFCC, Enugu Zonal Command has secured the…
Business
Alleged N1.7bn fraud: Court dismisses First Nation Airways MD, Kayode Odukoya’s no-case submission
Etim Ekpimah Justice Mojisola Dada of the Special Offences Court sitting in Ikeja, Lagos, has…
Business
Banks’ borrowing from CBN rises 74% to N901bn
The scarcity of funds (liquidity) in the interbank money market has compelled banks to rely…
Business
Community-based tourism can transform rural areas, says Gov Diri’s aide
Nathan Tamarapreye, Yenagoa Senior Special Assistant (SSA) to Governor Douye Diri on Tourism, Mr Piriye…
Business
Over 400 beneficiaries of W’Bank project lament diversion of start-up capital
Nathan Tamarapreye, Yenagoa At least, 400 beneficiaries of the World Bank-Assisted State Employment and Expenditure…
Business
Group asks LASG to regulate policy on street trading
Bimbo Babatunde A research group from the University of Lagos Akoka, Yaba on Friday called…
Business
FG, states, LGs share September revenue of N740bn
The federal, state and local governments have shared N739. 965 billion as federation revenue that…
Business
PTML Customs collects N165bn revenue from 145 ships
The Nigeria Customs Service, Port and Terminal Multi-services Limited (PTML) Command has collected N165 billion…
Business
UNIDO trains 42,000 Nigerian entrepreneurs from 2016 to date
Akpan Umoh, Uyo The United Nations Industrial Organization (UNIDO) has trained 42,000 Nigerian entrepreneurs between…
Business
World Bank suspends aid to Sudan after military coup
The World Bank said Wednesday it has suspended aid to Sudan following the military takeover…