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The Central Bank of Nigeria, CBN, has announced a new “CBN Naira for Dollar Scheme ”for senders and recipients of International money transfers. The CBN in a statement released by its Director, Trade and Exchange Department, A.S Jibrin, said it will through…
The Coalition of Northern Groups, CNG, has claimed that the Amalgamated Union of Foodstuff and Cattle Dealers of Nigeria, AUFCDN, was forced to suspend its blockage of food supply to the Southern Nigeria. CNG in a statement by its spokesman, Abdul-Azeez Suleiman,…
FrankRose Foundation in Collaboration with *Institute of Entrepreneural Skills Development* presents *AKWAIBOM ONE YOUTH ONE SKILL PROJECT 2021* This project is targeted at making youths become self-employed through Fashion Design, Shoe Making, Digital Marketing Skills, Machines/Tools and Access to small Business Capital…
The Department of Petroleum Resources (DPR) on Tuesday said that it will not hesitate to apply appropriate sanctions on marketers engaged in hoarding of petroleum products in their outlets. Mr Sarki Auwalu, Director, DPR, gave the warning in a statement issued on…
Bauchi State Governor, Senator Bala Mohammed, on Monday, warned the contractor handling the 24-kilometre Dass-Bununu road, linking Tafawa Balewa and Dass Local Government Areas of the state to either return to the site or have the contract revoked. The governor gave the…
Premium Motor Spirit (PMS) also known as petrol is to sell for as much as N230 per litre in March, fuel marketers declared yesterday. This came as panic buying and fuel hoarding rocked many filling stations in Lagos and Abuja, making…
An Ogun State High Court sitting in Sagamu has declared the Adubiagbe family as the rightful owner of the Atoyo Adubiagbe-Oga community, in the Sagamu Local Government Area of Ogun State. The court, in its ruling, ordered the family to take possession…
The sight and sound of newly commission Ibom Tropicana mall.. According to market square MD, Is this truly the most beautiful mall in Nigeria ? Guys drop your answers below after seeing the photos below ..
Governor Okezie Ikpeazu of Abia State has called on various security agencies in the country to patronize the Enyimba Automated Shoe factory. Speaking at the Abia Social media Converge, Ikpeazu said that Made in Aba shoes can compete favourably with any…
Business stakeholders in Akwa Ibom State have called on the Central Bank of Nigeria to make available an emergency liquidity in order to assuage the economic consequences of COVID-19 pandemic on businesses. They added that such would keep the economy afloat…
The Management of Air Peace has announced that the UAE Government had stopped passengers’ airlifting from Nigeria to Dubai as part of its COVID-19 measures. Air Peace Spokesperson, Mr Stanley Olisa, made the announcement in a statement on Thursday in Lagos….
Nigerians on social media have strongly condemned the ban issued to Financial institutions against having any crypto or facilitating payments for crypto exchanges.
The Central Bank of Nigeria, CBN, on Friday, instructed Deposit Money Banks (DMBs), other Financial Institutions (OFIs), Non-Bank Financial Institutions (NBFIs) and local financial institutions against having any transactions in crypto or facilitating payments for crypto exchanges. The apex bank gave…
Governor Udom Emmanuel’s drive towards food sufficiency and production of staple foods in Akwa Ibom has further been boosted with the cultivation of Onions and specialized trainings of youths in cultivation of onions, tomatoes and other vegetables in the state. Coming on…
The South East National Economic Council (NEC) Implementation Committee is impressed with the level of ongoing projects at the Enyimba Automated Shoe Factory, Aba. The South East National Economic Council (NEC) team Lead, Hon. Mark Okoye, who stated this during a…
All is now set for the official commissioning of Norfin Offshore Shipyard in Oruk-Anam local government area of Akwa Ibom State. The shipyard, a private investment of a Singaporean based Akwa Ibom born ship manufacturer, Engr. Iniekong Charles Udonwa, is located along…
The National Mass Metering Programme (NMMP), an initiative of the Federal Government of Nigeria has commenced in the South-East. The initiative, ND REPORTERS gathered, is designed to ensure speedy deployment of meters to electricity customers, as a conscious way of closing the…
The Rice Millers Association of Nigeria (RIMAN) has alerted of massive rice smuggling into the country. Their alarm comes barely five weeks after the federal government reopened Nigerian borders. The entry points were shut from August 20, 2019 to December 17, 2020…
Amidst the economic uncertainties and loss of livelihood in many Nigerian homes occasioned by the COVID-19 pandemic, no fewer than 1,000 young women have been engaged in the production and processing of agro food products by foremost non-oil exporter in Nigeria, Valency…
Stakeholders in the aviation sector, as well as residents of South-East, on Wednesday, hailed the arrival of another airline at the Akanu Ibiam International Airport, Enugu. The United Nigeria Airline touched down at the Airport Wednesday afternoon, amidst jubilation by passengers and…
The National Union of Road Transport Workers, Abia State Chapter, has reacted to claims that its members had planned to carry out a protest against the ban on their activities. The Abia NURTW Chairman, Comrade Eugene Job, in a statement…
Workers of the National Identity Management Commission (NIMC) have threatened a total shutdown if the Federal Government fails to address their demands. NIMC workers on Wednesday asked the President Muhammadu Buhari government to see the 20-day window of the suspended industrial action…
Abia State Governor, Dr Okezie Ikpeazu has said that rather than join issues with his political opponents, he will allow his projects and achievements do the talking for him. Ikpeazu made this known in a series of tweets via his official Twitter…
The Transmission Company of Nigeria (TCN) says there is consistent growth in capability of the power sector under the Muhammadu Buhari-led administration. General Manager, Public Affairs, Ndidi Mbah, said this in a statement in Abuja on Thursday. Mbah said on Wednesday, TCN…
Peasy Udo-Akagha ‘Save The Youths’ Conference 2021 is here to help you achieve your goals. This year, we bring you #ThePitch Business Competition for young entrepreneur where N100,000 is up for grabs. When Judges are Business Tycoon); Mr Inyang James (CEO ‘Smile…
The Federal Airports Authority of Nigeria (FAAN) on Thursday reiterated its earlier directive that only passengers will be allowed into airport terminals. FAAN management disclosed this in a series of tweets on the agency’s official handle. The agency also urged all travellers…
Governor of Abia State, Dr Okezie Ikpeazu has expressed delight for the completion of the newly constructed Osusu Road, Aba. The Governor who made this known in a statement on his handle on Thursday said it will last a long time and…
France has reintroduced airport transit visa (ATV) for Nigerians and citizens of certain countries, who will be travelling to the United Kingdom (UK) from January 1, 2021. An ATV gives a traveller access to pass through the international zone of an airport,…
Innoson Vehicle Manufacturing Company has sealed a deal with the federal government to take-up all automobile Research and Development (R&grin’s) results at the National Agency for Science & Engineering Infrastructure (NASENI) and convert them to automobile products for commercialisation. The agreement was…
President Muhammadu Buhari is not leaving any stone unturned in the renewed efforts to tackle youths’ unemployment and general improvement of the economy through conversion of all research results and innovation’s technology outputs on the shelves of research institutes to job creation…
The Nigerian Stock Exchange (NSE) has been named the best-performing stock market among the 93 equity indexes being tracked by Bloomberg across the world. The all-share index which opened at 38,800.01 inched higher by 310.16 points or 0.80 percent to cross the…
ExxonMobil has issued a force majeure on Qua Iboe Terminal (QIT) after one of its supervisor allegedly died in a gas flaring accident at the facility on December 13, 2020. Force majeure is a clause that is included in contracts to…
Tropicana Mall ready for Inauguration. As part of Mr. Udom Emmanuel’s commitment to continue to attract Foreign Direct Investment ( FDI ) to the state in order to grow a strong local economy. Market Square, an international retail store and other sundry…
Akwa Ibom State Commissioner for Economic Development and Ibom Deep Seaport, Akan Okon, has explained that the project would be developed in phases. He told The Guardian that the construction of the first phase would gulp $2.016b, adding that the phase would…
The new cheques with new standards effective 1 January 2021 Nigerian banks are migrating in the New Year, into brand new cheque standards, on the order of the Central Bank of Nigeria. From 1 January 2021, the old cheques will expire, said…
…Assures Motor Assembly plant ready 2021, set to send 20 Engineers for foreign training in Israel …20 indigenes of Akwa Ibom State will be sponsored for training in engineering studies at Israel to man the Vehicle Assembly Plant which will be commissioned…
Apart from the monthly allocations received from the federal government, states in Nigeria also meet their financial needs from Internally Generated Revenues (IGR), that is, the revenues they generated in their respective territories While some states with strong economic power have huge…
Abia State Governor, Okezie Ikpeazu on Tuesday announced that Aba shoe factor has begun production. Ikpeazu in a tweet said the kind of shoes produced can be used to kit security agencies in the country. He also promised that the shoes are…
Members of staff of Edo city transport service (ECTS) on Monday blocked the entrance gate to the company over non-payment of salaries by the company. Some of them, who carried various plea-cards with inscription like ‘Obaseki save us from Mrs Edugie’ ‘Pay…
Ifreke Udoyo CHYMALL ini46, hosted a Service Center Award to honour its participants, the event was held yesterday 12th December, 2020 at Farlem Hote, Archibong street Eket Akwa Ibom state. According to the organizer of the event, Amb. Iniobong Otuekong, said CHYMALL…
Some local airlines in Nigerian at the Nnamdi Azikiwe International Airport (NAIA), Abuja have given reasons for the upsurge in fares to the current exchange rate. The airlines, speaking with News Agency of Nigeria (NAN), said the current exchange rate is to…
Arik Air on Friday announced the retrenchment of 300 workers. The airline said the action was due to the adverse effect of coronavirus. The statement on the sack was titled, “Arik Air management declares 300 staff redundant”. It assured that a redundancy…
The Manufacturers Association of Nigeria (MAN) has urged the federal government to review its border closure policy and allow the resumption of normal trade activities in the country. Nigerian borders with neighbouring countries have been closed since August 2019. Speaking on Channels…
The Central Bank of Nigeria has announced that beneficiaries of diaspora remittances through the international monetary transfer operators (IMTO) will now receive such inflows in foreign currency (US Dollar) through the designated bank of their choice. CBN in a statement signed by…
Bitcoin Trading Boot-camp (2 weeks) brought to you by SkyRole Trading Academy & Monarch Resource In Collaboration With Rockland House Tv Theme: Earning In Style With Bitcoin Date: 7 – 21 December, 2020 READ ALSO: NCC listed among agencies on ICPC Integrity…
Breath taking designs, Best of Cat Walks, Amazing lighting and soothing performances should make you look forward to being at Pegasus Lounge, Uyo on Saturday November 28 as fashion designer, Chika Chima Unveils her clothing line , Chikam’s. The Chikam brand represents…
Foremost Online Commodity Trader and Chief Executive Officer of Pipminds International, Mr. Emem Alban, has cited Online Commodity Trading as an avenue to reduce joblessness and overdependence on government. He said although still strange to most persons, online commodity trading is the…
Guinness today unveiled Nelson Enwerem of BBN 2020 fame (aka ‘Prince’) as first ever Nigerian Brand Ambassador. Landing the announcement with a bold, intense, audacious and engaging short film that speaks to the character of the brand and the new ambassador, Guinness…
The Petroleum Products Marketing Company (PPMC) has again increased the ex-depot price of Premium Motor Spirit (PMS) petrol. A litre has been jerked up to N155.17 per litre from N147.67. PPMC is subsidiary of the Nigerian National Petroleum Corporation (NNPC). The new…
Renowned banker and founder of Stanbic IBTC Bank Plc, Atedo Peterside, has accused the Federal Government of being biased for permitting Dangote Cement to resume exports across land borders. Bloomberg had reported that Dangote resumed cement exportation to Niger and Togo for…
The Nigeria Union of Journalists (NUJ), Imo State Council, has condemned the acts of impunity being meted out to journalists and media practitioners in the course of discharging their duties. In a statement issued by the state Union’s chairman, Chris Akaraonye, the…