ANCHOR-BORROWERS’ SCHEME: CBN MAY BLACKLIST KANO STATE OVER N944MILLION DEBT
From the total sum of N950m loan released by the Central Bank of Nigeria (CBN) to Kano State Rice farmers, under the Anchor-Borrowers Scheme,...
NPA, ICRC PARTNER ON DEEP SEAPORTS
The Managing Director of Nigerian Ports Authority (NPA), Hadiza Bala Usman has pledged to support the completion of all deep seaport projects across the...
MOBIL TOP STAFF DRAGS OIL GIANT TO COURT, REVEALS COMPANY’S PLOT...
Mr Paul Arinze, an official of Mobil Producing Nigeria Unlimited, on Monday, asked a National Industrial Court in Lagos, to suspend a “Special Review...
ETHIOPIAN GOVT SET TO ACQUIRE ARIK AIR
Ethiopian Airlines, owned by the Ethiopian Government, has made a bid to the Nigerian government to take over Nigeria's biggest airline, Arik.
Esayas WoldeMariam, Ethiopian’s...
CBN BOWS TO PRESSURE, ANNOUNCES NEW FOREX POLICY
The Central Bank of Nigeria (CBN) may have bowed to pressure by releasing a new foreign exchange policy in the country with immediate effect.
Although...
A’IBOM HOUSE OF ASSEMBLY OKAYS UTILITY INFRASTRUCTURE MANAGEMENT AGENCY BILL
Speaking today after the bill was passed into law, Speaker Onofiok Luke said the law will “establish a well-structured management system for sustainability, efficiency...
A’IBOM FINANCE COMMISSIONER EXPLAINS UDOM’S N10B LOAN
The Akwa Ibom State Commissioner for Finance, Mr. Akan Okon, said the N10 billion loan facility guaranteed to Wizchino Nigerian Limited for construction...
UDOM WANTS MULTINATIONALS TO INVEST IN CAPACITY DEVELOPMENT
Governor Udom Emmanuel of Akwa Ibom State has challenged multinational oil companies to show more commitment to capacity development and technology transfer in their...
WORLD BANK PARTNERS AKWA IBOM ON COMMUNITY DEVELOPMENT
Akwa Ibom State Governor, Udom Emmanuel, has been applauded for partnering the World Bank on community-driven development projects in the state.
The State Commissioner for Finance,...
N-POWER BENEFICIARIES TO GET N977.7M
The Federal Executive Council (FEC) on Thursday approved the total of sum of N977.7 million for the N-Creative and N-Tech trainings to empower 3,500...
FG Asks Supreme Court To Extend Old Notes Validity After December...
The Federal Government on Wednesday asked the Supreme Court to grant an extension of time for old naira notes to remain in circulation as...
EXXONMOBIL RECEIVES QUIT ULTIMATUM FROM HOST COMMUNITIES
… As Eket Leaders Petition Federal Govt
Stakeholders in Eket local government have petitioned the Federal Government over the “lackadaisical attitude of ExxonMobil to...
SAMSUNG Crisis Sends Shares Sliding
Shares in Samsung fell further on Wednesday after the Smartphone maker said it would scrap production of its flagship Note 7 model.
Shares fell 3%...
FG TO DEPLOY SOLAR PANELS ON BUILDINGS
The Ministry of Science and Technology says it will play a leading role in resolving the nation’s perennial power crisis through the deployment solar...
NIGERIA’S ECONOMY: BUHARI LAUDS UDOMA, ADEOSUN AND EMEFIELE
For almost two hours, President Muhammadu Buhari Monday received briefing from the Minister of Budget and National Planning, Senator Udoma Udo Udoma, the Minister...
DANA AIRCRAFT LOSES CONTROL AT ABUJA AIRPORT
A commercial aircraft belonging to Dana Air nearly crashed after hitting the fence of the Nnamdi Azikiwe International Airport, Abuja on Friday.
This is coming...
AVIATION: A’IBOM SCALE-UP COVID-19 PROTOCOLS AT VICTOR ATTAH AIRPORT
By Glory James
As part of its preparation for the reopening of the Victor Attah International Airport (VAIA), the Akwa Ibom State Ministry of Special...
CRUDE SALE IN NAIRA WILL LOWER INFLATION, FOREX PRESSURE, SAY EXPERTS
The decision to sell crude to Dangote Petroleum Refinery and other local refiners in naira will have profound positive impact on the economy, experts...
5000 SHOPS CAPACITY EKET INTERNATIONAL MARKET READY DECEMBER –CONTRACTOR
The contractors handling the International Market (Urua Nka) in Eket Local Government Area of Akwa Ibom State, Yiwu International Trade City of Nigeria, has...
FG TO SELL POLARIS BANK IN TWO YEARS – AMCON
The Asset Management Corporation of Nigeria (AMCON) says it plans to sell Polaris Bank within two years.
Ahmed Kuru, Chief Executive Officer, AMCON, said this...
DANGOTE TO RESUME TOMATO PASTE PRODUCTION IN FEBRUARY
The Dangote Tomato Processing Factory in Kadawa, in Kano State has announced plans to resume production in February.
The company, which began production in February...
AKHA APPROVES ANOTHER N5BILLION LOAN REQUEST
The Akwa Ibom State House of Assembly at plenary on Tuesday approved a request to allow the state government guarantee Wizchino Construction Company to...
KINGS FLOUR MILL: AKPABIO APPLAUDS UDOM, SAYS AÍBOM ECONOMIC FUTURE IS...
By Aniekan JAMES-EKAH
Akwa Ibom State Commissioner for Trade and Investment, Barrister Ukpong Akpabio, has applauded the effort of the Governor Udom Emmanuel to rewrite...
FG Orders NDDC To Resume Suspended Scholarship Scheme
By Mike Odiegwu
The Minister of Niger Delta Affairs Umana Umana has ordered the Niger Delta Development Commission (NDDC) to resume the commission’s scholarship scheme...
WE CANNOT ATTAIN FOOD SECURITY WITHOUT SCIENCE – OGBONNAYA ONU
Minister of Science and Technology, Dr. Ogbonnaya Onu says despite efforts being put in place to fight hunger and poverty in Nigeria, the country...
A TESTIMONY OF THE PDP UMBRELLA BUSINESS QUEST
...the Uty Trends Enterprise' version
While Many 'doubting Thomases' keep criticizing the PDP Umbrella Business Quest, an initiative of the Akwa Ibom State chapter of...
WE NEED PUBLIC, PRIVATE SECTOR COLLABORATION TO MEET ENERGY GOALS –...
Minister of State Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo has called for increased collaboration between public and private sector investors for the country...
ROYALLINE TECHNOLOGIES: MAKING COMMUNICATION AFFORDABLE FOR EVERYONE
The quest to find the right balance between enjoying the benefits of technology without degrading the quality of life led Royalline Technologies into the...
AKWA IBOM SOCIAL HOUSING ESTATE, MOST AFFORDABLE IN NIGERIA – ARC....
Architect Ezekiel Nya-Etok, the Principal Partner of Novone Consult Limited, a firm handling the pilot of the Federal Government Social Housing Scheme, has said...
AKWA SAVINGS PROTEST NON-PAYMENT OF SALARIES, ALLOWANCES
By Nsidibe AKPAN
The National Union of Banks, Insurance Financial Institution of Employees (NUBIFIE) has accused Akwa Ibom State Government of outright negligence and insensitivity...
PECULIAR PEOPLE MPCS INAUGURATED
Sammy Charles.
The official inauguration of Peculiar People Afaha Ikot Obio Nkan Multipurpose Cooperative Society Limited was held on the 11th of May this May.
The...
AKHA RATIFIES BUDGET ESTIMATES FOR 31 LGAs, ADVOCATES FOR PROVISION OF...
By Ubong SAMPSON
The Speaker of the Akwa Ibom State House of Assembly, Barrister Onofiok Luke, has advocated the provision of necessary facilities to assist...
TREASURY SINGLE ACCOUNT (TSA): 15 THINGS YOU MUST KNOW
1. TSA refers to Treasury Single Account, a public accounting system using a single account, or a set of linked accounts by government to...
UBA Gets New Group Managing Director
The Group Board of the United Ban for Africa, UBA, on Tuesday announced the appointment of Kennedy Uzoka to succeed Phillips Oduoza as its...