AMCON TAKES OVER DANGOTE’S FACTORY
The Asset Management Corporation of Nigeria, AMCON last Friday successfully took over possession and management of Dansa Foods Processing Company Limited belonging to Sani...
AKSG SIGNS MoU FOR THE ESTABLISHMENT OF OIL AND GAS TRAINING...
The Akwa Ibom State Government has signed memorandum of understanding (MOU) with Halliburton Nigeria for the establishment of Oil and Gas training Center...
ETISALAT NIGERIA: 9MOBILE UNVEILS NEW LOGO
Emerging Markets Telecommunication Services Limited, which previously traded as Etisalat Nigeria, on Tuesday confirmed changing its trading name to 9 mobile.
The company ’ s...
PENGASSAN TO SHUTDOWN ACTIVITIES OVER ANTI-LABOUR PRACTICES
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has given a 21-day ultimatum to some oil and gas employers over anti-labour...
IBOM DEEP SEAPORT WILL UNLOCK INHERENT POTENTIAL OF A’IBOM – OKON...
Akwa Ibom State Commissioner for Economic Development and Ibom Deep Seaport, Mr. Akan Okon, has said “the development of Ibom Deep Seaport will unlock...
PRICE SLASH: RICE OPERATORS AIM AT N6,000 PER BAG
Rice farmers, millers and processors on Wednesday announced that the price of a 50kg bag of rice will fall to as low as N6,000...
CHRISTMAS BONANZA: NIGERIAN PROSTITUTES SLASH PRICES
Commercial sex workers in Nigeria have reportedly reduced their price to encourage patronage during the festive season.
According to reports, a round of sex now...
AS EGINA SAILS TO OFFSHORE FIELD, CONCERNS NOT OVER
The $3.3 billion Floating Production Storage Offloading (FPSO) unit built by Samsung Heavy Industries of Korea (SHI) for the 200,000 barrels per day capacity...
UDOM SEEKS LEGAL BACKING FOR ELECTRICITY DISTRIBUTION
Akwa Ibom State Governor, Mr Udom Emmanuel, has tasked the National Assembly to evolve Legislative framework that would fast track the revamping of power...
FAAC EXPLAINS HOW FG, STATES, LGs SHARED N429BN ALLOCATION FOR FEBRUARY
Federal Government, State Governments and Local Government Councils shared a total of N429.127 billion as federal allocation for the month of February 2017.
The communiqué...
FOUR-POINT BY SHERATON: A’IBOM GOVT TASKS MANAGERS ON SERVICE DELIVERY
By Idongesit DAVID
Akwa Ibom State Government has tasked managers of Four-Point by Sheraton, Ikot Ekpene, to keep to its terms of agreement on the...
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...
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%...
IBOM AIR COMMENCES COMMERCIAL OPERATIONS
Ibom Air, the first commercial airline ever to be owned and operated by a state government anywhere in Nigeria and indeed Africa, commences full...
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...
Nigeria Labour Congress rejects increase in the price of petrol
The Nigeria Labour Congress, NLC, says it received with great shock and consternation the news of the increase in the pump price of Premium...
UNION ACCUSES AKWA SAVINGS MD OF FRAUD, MISMANAGEMENT OF FUNDS
…As Union Demands Payment of Two Years Salaries, Allowances
The National Union of Banks, Insurance Financial Institution of Employees (NUBIFIE) on Monday, August 26, 2019...
NIGER SIGNS MoU FOR OPEN ACCESS FIBER OPTIC TELECOM NETWORK
Niger state government has signed a Memorandum of Understanding (MoU) with Broad-Based Communications Limited for the provision of Open Access Fiber Optic Telecommunication Network...
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...
2020 BUDGET: BE THOROUGH AND PROMPT – ODUDOH URGES MDAs
Chairman of the Akwa Ibom State House of Assembly Committee on Finance and Appropriations, Rt. Hon. Uduak Odudoh, has urged representatives of Ministries, Departments...
FID: Gas Supply and Purchase Agreement for Brass Methanol Project To...
The Gas Supply and Purchase Agreement (GSPA) to support the Final Investment Decision (FID) for the Brass Methanol Project is to be executed by...
CBN CLOSES FX GAP AS NAIRA MOVES TOWARDS 300/US$1
Nigerian Naira on Thursday, March 23, 2017, moved towards 300 per Dollar at the black market as Central Bank of Nigeria, CBN, keeps...
UDOM’S AIDES PARLEY WITH MARKET WOMEN
Market women and other traders in the state have expressed joy and satisfaction with Governor Udom Emmanuel for making life more meaningful for them...
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...
FG RELEASES FACT SHEET ON BORROWING FROM CBN TO COUNTER SANUSI
The CBN advanced the Federal Government the sum of N1.193 trillion as Ways and Means as at 2nd December 2016.
A fact sheet of the...
DPR SEALS 19 FILLING STATIONS IN SOKOTO, KEBBI FOR SELLING ABOVE...
The Department of Petroleum Resources (DPR) has sealed 19 filling stations in Sokoto and Kebbi states for allegedly selling petrol above the pump price...
DSS ARRESTS CAPITAL OIL BOSS, IFEANYI UBA
Ifeanyi Uba, the owner of Capital Oil, has been arrested and detained by Department of State Services (DSS).
The arrest may be unconnected to his...
NIGERIAN CAN GENERATE N255BN ANNUALLY FROM CASSAVA BREAD – BAKERS
The Association of Master Bakers and Caterers of Nigeria says the revival of the cassava bread initiative is capable of injecting about N255bn into...
Consumers Of Alcohol To Pay Fresh Tax – Akan Okon
The Akwa Ibom Commissioner for Finance, Akan Okon, said consumption of alcohol in hotels and beer parlours in the state would now attract tax.
Mr....
KIDNAPPERS DEMAND RANSOM IN BITCOIN TO FREE TEENAGER
A criminal gang in South Africa which kidnapped a teenage boy on Sunday is demanding a ransom in bitcoin cryptocurrency of nearly 120,000, dollars...
N250K UP FOR GRABS IN OPENGOV HACKATHON UYO 2019
A non-governmental organization working for improved development outcomes
in economic governance, environment and community livelihoods, Policy Alert,
has announced that its Open Gov Hackathon 2019 will...
IME UWAH: LIVING IN-BETWEEN PASSION AND SUCCESS
By: Udeme INYANG
A week ago, a casual post by Ime Uwah on one of his social media pages not only attracted attention and traffic...
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...