Business

Abia State Governor, Alex Otti said that a total of 6,500 small scale business owners in Abia State have benefitted from Nigeria COVID-19 Action Recovery and Economic Stimulus (NG-CARES) Program (results area 3).

…State Assembly Says Selection Process Transparent NG-CARES is a program designed to mitigate the negative impact of the COVID-19 pandemic on the livelihoods of poor individuals, farmers, vulnerable households, communities, and owners of micro and small enterprises in Nigeria. The program is subdivided into result […]

The African Export-Import Bank (Afreximbank) has confirmed an initial disbursement of $2.25 billion out of the $3.3 billion crude oil prepayment facility recently approved for Nigeria.

The long-awaited credit support seeks to ameliorate the acute FX shortage in the country which has constrained economic activities and doused investors’ confidence.Also earlier in December, President Bola Tinubu had assured Nigerians of the commitment of his administration to resolve the FX backlogs through the […]

The Dangote Petroleum Refinery has sought the approval of the Federal Government to hit the domestic market with diesel and aviation fuel.

The approval is expected from the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, which is responsible for the regulation of midstream and downstream petroleum operations in Nigeria. The refined products are currently stored in the refinery’s storage tanks while awaiting approval. In a statement, […]

INFANTILE CALL FOR SOLUDO’S RESIGNATION AND POLITICISATION OF SECURITY IN ANAMBRA, SOUTH-EAST

When one read the statement from the so-called Coalition of South East Youth Leaders, COSEYL, demanding Prof. Chukwuma Soludo, the governor of Anambra State, to step down due to his purported incapacity to address security concerns in the state, one was taken aback. The call […]

Airlines to compensate passengers for delayed or cancelled flights from 2024 – Aviation Minister – Keyamo

The Minister of Aviation and Aerospace, Festus Keyamo, has said regulators will force airlines to compensate passengers for delayed or cancelled flights from January 2024. Keyamo spoke while appearing before the National Assembly joint committee on aviation to defend his ministry’s budget for the 2024 […]

Abia State Govt Dismantles Lokpanta Cattle Market For Harbouring Kidnappers, Demolishes 160-Room Brothel

The Abia government says it cleared out the Lokpanta cattle market and condemned Hausa community leaders for condoning criminals and peddling untruths about the state government. The special adviser to the governor on security matters, Macdonald Ubah Rtd, said during a press briefing at the […]