Buhari Moves To Lift 100 Million Nigerians Out Of Poverty, Inaugurates Committee
President Muhammadu Buhari has inaugurated the National Steering Committee (NSC) of the National Poverty Reduction with Growth Strategy (NPRGS) to be chaired by the Vice President, Professor Yemi Osinbajo. In his remarks at the event on Tuesday in Abuja, the President reiterated his commitment to lifting 100 million Nigerians out of poverty in 10 years, with a well-researched framework for...
Oando, Ecobank Record Price Fall As Nigerian Stock Market Loses N54bn
The Nigerian equities market began trading for the week on Monday still in a negative mood with 0.27 percent loss due to renewed profit-taking. Specifically, the All-Share Index which opened for the week at 38,648.91 shed 103.61 points or 0.27 percent to close at 38,545.30. Accordingly, month-to-date gain moderated to 0.3 percent, while year-to-date loss increased to 4.3 percent. In the...
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...
