A modular refinery , located in Imo State , with the capacity of 5 ,000 barrels per day will commence operations in October, the Nigerian Content Development and Monitoring Board has said . The Federal Government , on Tuesday ,...
The nation ’s inflation rate has recorded its biggest increase so far this year , rising to 13 . 22 per cent in August , the National Bureau of Statistics said on Tuesday . The 13 .22 per cent inflation...
It was jubilation galore in Awka, Anambra state on Monday following the inauguration of a new branch of Access Bank, Plc in Awka, Anambra state. Executive Director, Retail Banking Division, Access Bank Plc, Mr. Victor Etuokwu during the inauguration, said the decision to...
President Muhammadu Buhari, has ordered operators in the power sector to carry out mass metering of unmetered customers nationwide. This was announced on Wednesday by the Nigerian Electricity Regulatory Commission. The NERC in a tweet via it official Twitter handle...
Anambra state government has commended the Obi of Onitsha, Igwe Nnaemeka Alfred Achebe for guaranteeing seven multi purpose co-operative societies for the ANSG/CBN Micro, Small and Medium Enterprises (MSME) fund credit facility, amounting to N35,000,000.00. The credit facility was issued by theAnambra Small...
An Anambra State Magistrate Court sitting in Ogidi, Idemili North Local Government has sealed MTN mast serving a densely populated area of Nkpor-Agu, a suburb of Onitsha over right of possession. The disconnection and sealing of the mast number T4141 located at number...
Sand Miners Association, Anambra State on Monday said it has lost over N2billion following alleged disturbance of their activities by National Inland Water Way (NIWA) through its agent, VAMPTAGREGATE Company Limited. It said the loss was incured since August 4, 2020 the agent...
Former Vice President, Atiku Abubakar, has launched an online television that will henceforth propagate his social and political activities. The event took place at the Five Star Bristol Palace Hotel, Kano, where a video clip showed the former vice president...
…membership in ATI allows Nigeria to attract additional insurance capacity to help attract investments NAIROBI, Kenya, Nigeria becomes a full member country at an opportune time. It joins ahead of others that are fast-tracking membership given the trade and investment...
Chairman and Chief Executive Officer of Oilserv Group of Companies, Engr Emeka Okwuosa on Tuesday said his company was committing over N600 million to procure vehicles from Innoson Vehicles Manufacturing company, Nnewi, Anambra State to support local content. The oil magnate also advised...
The total amount of allocated credit worth disbursed to farmers between January and March this year is N539.8 million, the Central Bank of Nigeria (CBN) said during its third quarter economic report titled, Agricultural Credit Guarantee Scheme revealed on Monday.
Anambra State government has commenced disbursement of 10percent tax deductions to business owners in the state. Chairman, Anambra State Internal Revenue Service AiRS, Dr David Nzekwu who announced this at a stakeholders meeting on COVID-19 palliatives for Traders and Business Owners in the...
President Muhammadu Buhari Thursday in Abuja said improved gold mining operations in the country will generate no fewer than 250,000 jobs and over $500m annually in royalties and taxes to the Federal Government. President Buhari disclosed this at the official presentation of locally...
Minister of Aviation, Hadi Sirika, has said the federal government is not in a hurry to announce the resumption of international flights. The minister stated this during the daily briefing of the Presidential Task Force on COVID-19 on Monday. He...
Dr. Ngozi Okonjo-Iweala's Media Aide, Paul Nwabuikwu, has accused some Nigerians of sabotaging his principal, Okonjo-Iweala's campaign to head the World Trade Organisation. This was contained in a statement on Friday with the title, “Ongoing efforts to misrepresent Dr. Ngozi Okonjo-Iweala’s campaign for director-general...
Traders in South East have raised alarm over alleged seizure of their imported goods worth millions of naira by the authorities and handling agencies at the nation's ports. The traders under the agies of South East Amalgamated Markets Traders Association (S.E.A.M.A.T.A.) appealed to...
...As CBN devalues naira again to meet Nigeria's multiple exchange rates By: Rachael Bassey On Tuesday, the Central Bank of Nigeria adjusted the value of the naira to exchange to the dollar rate at N381, this is a measure taken...
The Minister of Mines and Steel Development, Olamilekan Adegbite, on Monday, said about $1.45 billion which is about N522 billion facility has been secured for the resuscitation of the Ajaokuta Steel Company and the National Iron Ore Mining Company (NIOMCO) projects. Adegbite, who...
Following the recent increase in the price of Premium Motor Spirit (PMS) also known as petrol, the Independent Petroleum Marketers Association of Nigeria (IPMAN), South West chapter, has threatened to stop loading petroleum products in all depots within the region in protest. The...
The Federal Government has increase the pump price of Premium Motor Spirit otherwise known as petrol. The Petroleum Products Pricing Regulatory Agency announced the new price band of N140.80 to N143.80 per litre of the product. In a circular to...
The planned hike in electricity tariffs which was to take effect from Wednesday 1 July 2020 has been put on hold till the first quarter of next year. The leadership of the National Assembly on Monday waded into the controversy on the planned...
The Host Communities of Nigeria Producing Oil and Gas (HOSCON) has called on the federal government to ensure Anambra state received all its benefits as an oil producing state in the country. National President of the body, Dr Mike Emuh made the call...
Anambra state Governor, Willie Obiano has ordered the suspension of his earlier directive to close Eke Awka market for violating Anambra state Covid-19 law. This is in keeping to his promise of opening the market after two weeks closure. A...
… about 47% have no access to electricity The Nigeria's Power Sector Recovery Operation (PSRO) received the World Bank $750 million credit facilities in the International Development Association (IDA) The bank's Board of Directors gave the approval “to improve the...
Authorities of Onitsha main market and Marine modern market in Anambra state have warned traders and customers to always wear their facemasks or risk arrest and penalty. Chairman of Onitsha main market, Hon. Kenneth Onyeka gave the warning on Monday while addressing newsmen...
By karen James Iwuchukwu The chairman of Importers Association Of Nigeria(IMAN) Anambra State chapter Mr. Emeka Ojukwu has bemoaned the imposition of multiple levies on members of the association by illegal revenue agents operating in the state under the pretence of working for...
In line with its inter-agency collaboration, the Nigerian Communications Commission (NCC) has signed a Memorandum of Understanding (MoU) with the Federal Inland Revenue Service (FIRS) to ensure the tax agency ascertain accuracy and completeness of value added tax (VAT) elements and other taxes payable in the...
Smuggled items worth over N253million were intercepted by the Nigeria Customs Service (NCS)​, Kebbi State Command over the last three months. This was disclosed by the Kebbi Customs Area Controller, Comptroller Yusuf Garba, at a media briefing at the Command headquarters in Birnin...
Major markets in Anambra state have procured Infrared Thermometer to read the temperature of both traders and customers at the entry point of the markets targeted at curbing the spread of coronavirus pandemic disease. In some of the markets, health workers recruited by...
The Ondo State Government says that a truck assembly firm, Dongfeng Trucks has begun skeletal operation at the Ondo Industrial hub. Dongfeng Trucks is one of the investors in the Ondo-Linyi Industrial Hub in Ore. Odigbo Local Government area of the state,