BUSINESS
UAE Offers Doctors, Students 10-year Golden Residency Visa
The United Arab Emirates said Sunday it will grant all doctors and infectious disease experts living in the country a 10-year visa, who are helping to combat the coronavirus pandemic. Foreigners in the UAE, like most Gulf countries, are generally only given limited residence visas tied to their current employment, and long-term residency is difficult to obtain. But to attract wealthy...
FG Fixes Date For Resumption Of Abuja-Kaduna Train Services
The Abuja-Kaduna train service will resume on May 23, the Federal Government said on Monday. Train services had been suspended on the route after terrorists attacked a train, fatally shot several persons, and abducted scores of passengers in March. M...
Gov. Otti Urges Haier Global To Invest In Abia, Assures Of Business-Friendly Environment
Abia State Governor, Dr. Alex Otti, has reaffirmed his administration’s commitment to fostering strategic partnerships with investors, emphasizing that such collaborations are aimed at economic growth rather than mere patronage of companies. Governor Otti made this known on Wednesday while receiving a delegation from Haier Global Business, led by its Director for Africa, Mr. Sunny Liu, at the Government House,...
Naira Will Become Stronger Again —Adeboye
The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, says the naira will regain its strength among the league of currencies. He stated this on Saturday morning during the Church’s annual Holy Ghost Congress held at the RCCG International Headquarters along the Lagos-Ibadan Expressway. GLONAT reports that the 78-year-old cleric prayed to God to intervene in Nigeria’s...
Emefiele: Tinubu Orders Probe Into Activities Of CBN
President Bola Tinubu has appointed a special investigator Jim Osayande to probe the Central Bank of Nigeria (CBN) and Related Activities. This was contained in a letter signed by the President and addressed to Obazee, the Chief Executive Officer of the Financial Reporting Council of Nigeria (FRCN). “In accordance with the fundamental objective set forth in Section 15(5) of the Constitution...
Petrol Queues Disappearing This Weekend, Says Minister
The Minister of State (Oil) Petroleum Resources, Heineken Lokpobiri, says there is availability of petrol despite the scarcity and hike in the price of the product. He stated this on Thursday while briefing journalists at the Presidential Villa, Abuja after meeting with Vice President Kashim Shettima. “What is important is that products are available in the country,” he said. The minister also...
Africa Must Cut Reliance On Food Imports, Says Nigerian Billionaire Abdul Samad Rabiu
Food prices have been rising around the world, driven first by the Covid pandemic and poor harvests, and made worse by the conflict in Ukraine, which has hit exports of both wheat and fertilizer. Even with a new deal that would allow grain expor...
Tinubu Considers Extension Old Naira Notes Use
President Bola Ahmed Tinubu is thinking of extending the validity of old naira notes. The Central Bank of Nigeria (CBN) had redesigned the naira last year and set a deadline that was extended after outcry. However, ruling in a suit filed by some aggrieved governors, the Supreme Court shifted the deadline to December 2023. But in an Advisory Report released by President...
Abia Government To Partner Aba Chamber Of Commerce On International Trade Fair
Abia state Governor, Okezie Ikpeazu has assured that his administration will partner the Aba Chamber of Commerce, Industry, Mines and Agriculture (ACCIMA) to ensure that the planned Aba International Trade Fair before the end of the year records over...
VIDEO: We’re Financially Enlightened Govt, Not Jumping At Any Loan — Gov. Otti
Abia State Governor, Dr. Alex Otti has described his administration as financially enlightened, noting that it is not interested in jumping at any loan that comes its way. The governor in an interaction with journalists in Umuahia said the state has been receiving offers for loan from commercial banks within but has not drawn on any of them. https://youtu.be/aUsiS8NN7mI He further revealed...
