Rising Cost Of Food Items Pushes 7 Million Persons Into Poverty In Nigeria — World Bank
High inflation driven by soaring food prices has pushed seven million Nigerians into poverty, the World Bank said. In a new report, it commended Nigeria for buttressing its economy from fallout from the coronavirus pandemic but called for urgent measures to brake inflation and protect livelihoods. A major crude exporter, Africa’s largest and most populous economy again slipped into a recession...
Curfew: “Save Our Livelihood, Means Of Survival In Abia” – De Latinos CEO Urges Govt
An entrepreneur and the CEO De Latinos, a leading hospitality organisation in Abia, Emmanuel Okenini aka Bello has decried the prolonged curfew imposed in various cities of Abia including Aba and Umuahia, saying it is putting their business under existential threat., ABN TV reports. Okeini said at a time when the industry was gradually getting its foot back on the...
FG To Meet Foreign Diplomats Over Twitter Ban
Following reactions to the Federal Government’s suspension of twitter operations, the Minister of Foreign Affairs Geoffrey Onyeama will meet with foreign diplomats by noon today. US, UK, EU, Sweden have all reacted against the ban, which they condemned as an infringement on rights of the people. The meeting, it was gathered, is meant to explain government’s stance on the issue. Snippet about...
Pat Utomi Inspects Enyimba Automated Shoe Factory Aba [PHOTOS]
Prof. Patrick Okedinachi Utomi, Patito's Gang Television Anchor, has called on the Military, Paramilitary, and other Security Agencies in the country to patronise the Enyimba Automated Shoe Company. Prof. Patrick who stated this during his inspection visit at the Enyimba Automated Shoe Factory, Aba in Abia State expressed satisfaction with the level of ongoing work at the factory. The Professor...
Our South-East Branches Are Open, FirstBank Debunks Rumour
FirstBank Nigeria has denied a viral report on Social Media that all its branches in the South-East have been shut down over insecurity. In a statement sent to ABN TV on Wednesday afternoon, the bank denied the report stating that it was fake news. The statement signed by its Group Head, Marketing and Corporate Communications, Folake Ani-Mumuney, read; “This is to...
Ministry Of Mines Seeks Partnership With SEC On Exploration Of Mineral Resources
As part of efforts to develop and grow the sector and use it as an alternative source of revenue generation for the country, the Ministry of Mines and Steel Development is collaborating with the Security and Exchange Commission (SEC) for funds mobilization to boost exploration in the sector. Minister of State Mines and Steel Development Dr. Uchechukwu Sampson Ogah made...
Please Don’t Legalise Cannabis, Chairman NDLEA Buba Marwa Begs
The recent push by some stakeholders for legalisation of cannabis in Nigeria will rob the country of the gains so far made in the renewed war against drug abuse and trafficking, Chairman and Chief Executive of the National Drug Law Enforcement Agency (NDLEA), Brig. General Mohamed Buba Marwa (rtd), has warned. He gave the warning in Abuja, yesterday, at a...
Abia To Establish Business School As Ikpeazu Advocates Sustenance Of Igbo Apprenticeship System
Governor of Abia State, Dr Okezie Ikpeazu has announced that Aba Business School will soon be established to groom younger Igbo entrepreneurs. The Governor stated this while speaking at the Aba Business and Leadership Summit and Awards 2021 which held at the Aba Sports Club with the theme: "Transferring Tested and Proven Business Models to the Next Generation". The Governor also...
Be Good Debtors, Repay Your Debts – CBN Tells States
The Central Bank of Nigeria (CBN) has told state governments to act as good debtors by paying the debts that they owe to both commercial banks and the apex bank in order to be creditworthy. At the end of its Monetary Policy Committee (MPC) meeting on Tuesday, CBN Governor, Mr Godwin Emefiele also disclosed that the bank retained the Monetary...
We’ve Returned Ibori’s Looted £4.2m To Delta State Govt, Says Accountant-General
The Accountant General of the Federation, Ahmed Idris on Tuesday said the £4.2m looted by ex-Delta State Governor, James Ibori, has been returned to the state. The Attorney-General of the Federation, Abubakar Malami had on March 9 said the loot would be used for the construction of the second Niger Bridge, Abuja-Kano road, and Lagos-Ibadan Express road and not returned...
