Abia State seeks Afreximbank support for industrialization plans A delegation from Abia State of Nigeria, led by Governor Okezie Ikpeazu, today in Cairo conducted a one-day visit to the Headquarters of the African Export-Import Bank (Afreximbank), holding discussions with Bank representatives on how the continental trade finance bank could support the state’s effort at industrialization. Ikpeazu told Afreximbank officials...... read more
Abia will no longer accept your unfair treatment, Ikpeazu tells SPDC Abia State Governor, Dr Okezie Ikpeazu, has told Shell Petroleum Development Company of Nigeria (SPDC) that the state will no longer accept the disdainful attitude of the multinational oil firm towards the people of the state. Shell has been operating in Ukwa West local government area of the state since 1958, and...... read more
Aba is manufacturing, business centre of Nigeria, says Osinbanjo The Acting President of Nigeria, Professor Yemi Osinbanjo has said that any attempt to improve and diversify the nation's economy must start with local manufacturers.Professor Osinbanjo, who spoke at the launch of the Federal Government's Micro Small and Medium Scale Enterprise Clinic, (MSME Clinic) in Aba, the commercial nerve center of...... read more
Dangote floats truck assembly plant Dangote Group of Companies has established a $100 million truck assembly plant in Lagos as part of its efforts to boost foreign exchange and job creation. The group said in a statement on Sunday in Lagos that the plant was floated by the group in partnership with National Heavy Duty Truck...... read more
NCC gives MTN, AIRTEL,GLO and others One Week Ultimatum On Unsolicited Messages The Director of Public Affairs of the Nigerian Communications Commission (NCC), Tony Ojobo has issued a statement mandating telecom operators to comply with the directive of the ‘Do Not Disturb’ (DND) scheme to address unsolicited messages or face appropriate sanction. Mr Ojobo, on Monday in Abuja, revealed that MTN, Airtel and...... read more
NBS: Inflation Hits 18.3 Percent From 17.9 The National Bureau of Statistics (NBS) has revealed that the Consumer Price Index (CPI) has increased to 18.3 per cent (year-on-year) in October from 17.9 per cent recorded in September. THEWILL disclosed that a report released by the NBS in Abuja, on Monday, noted that the CPI, which measures inflation, is...... read more
ExxonMobil ‘discovers’ 1bn oil barrels in Nigeria ExxonMobil Corporation, an international oil and gas company, has announced a significant discovery with a potential recoverable resource of between 500 million and 1 billion barrels of oil on the Owowo field offshore Nigeria. The Owowo-3 well, which was spud on Sept. 23, encountered about 460 feet (140 meters) of oil-bearing...... read more
Job Cuts not due to Recession, says Dangote The Dangote Group of Companies has denied reports that the disengagement of 36 expatriate and 12 Nigerian  workers  from the company was due to economic recession in the country, Mr Tony Chiejina, its Head of Corporate Affairs, told the News Agency of Nigeria (NAN) in Lagos on Monday  that the expatriates were disengaged...... read more
Abia will give Ndigbo access to high sea, says Ikpeazu Abia State Governor, Dr Okezie Ikpeazu, has promised that his administration will work with the federal government and the private sector to give Ndigbo access to high sea to improve import-export, and other  trade and commerce activities which the region is known for.Governor Ikpeazu said that his government is working with...... read more
Cocacola launches new Fanta Apple Flavour Nigeria’s vibrant soft-drinks market promises to be sparked up with the recent launch of new Fanta Apple by beverage giant, Coca-Cola Nigeria Limited. The new apple flavoured drink, according to the company’s Marketing Director, Patricia Jemibewon, has been specifically formulated for the youthful consumer segment with a great fruity apple taste...... read more
NDDC SCORED ZERO IN 2013 Owing to the late passage of the 2013 budget by the National Assembly, it has forced the Niger Delta Development Commission (NDDC) to roll over all the proposed capital projects to the 2014 budget. The Director of Finance of the commission, Henry Ogiri, disclosed this yesterday at the budget defence of...... read more
NASSARAWA COMMENCES ELECTRONIC PAYROLL - Powered by Skye Bank In line with its quest for an efficient and robust pay roll management system in the state, the Nasarawa state government has gone into partnership with Skye Bank Plc on the deployment of pay roll solutions as well as the execution of a biometrics data capture of all the civil servants...... read more
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