BUSINESS
We Don’t Have Land For Ranching, Southeast Governors Insist
The South East Governors Forum on Thursday said there was no land for ranching in the region. Speaking through its chairman, Governor Dave Umahi of Ebonyi State, the governors explained that there would be no land for ranching among the states in the region as contained in the National Livestock Transformation Plan, NLTP of the federal government. The governor, who also...
Enyimba Mall Outlets Offers Opportunity For Shopping, Pleasure — Manager (VIDEO)
The project manager of Enyimba Mall Outlets Shops, Engr. Kelechi Abiakam has assured that the ongoing project will offer clients the opportunity to shop in most pleasurable environment. Speaking with ABN TV during a project tour, Engr. Abiakam while expressing regret that the #EndSARS protest caused a setback in the project due to the damage of a part of the...
How Customs Intercepted N2.8bn Worth Of Contraband Goods In Owerri, Nabs 13 Suspects
The Federal Operations Unit, Zone ’C’, Owerri, of the Nigeria Customs Service intercepted contraband goods valued N2.8 billion between January 25 and March 25. The unit also arrested 13 suspected smugglers during the period. Acting Comptroller of the NCS in the zone, Mr Kayode Kolade, a Deputy Comptroller of Customs, made the declaration on Wednesday in Owerri when he addressed newsmen. He...
Budget Deficit May Trigger Fresh Recession – Finance Minister, Zainab Ahmed
With the deficit financing of the revised N10.509 trillion 2020 budget rising from N1.847 trillion to N4.563 trillion, the economy might be heading for another recession, the Minister of Finance, Budget and National Planning, Zainab Ahmed, has warned. She expressed the fear yesterday in Abuja during a session with the Senate Committee on Finance where heads of revenue-generating agencies made...
Subsidy Removal: Oil Marketers Inflicting Pains On Nigerians — APC Governors
The Governors of the ruling All Progressives Congress (APC), have accused oil marketers of inflicting pains on Nigerians after President Bola Tinubu’s pronouncement at his inauguration that fuel subsidy is gone. The governors, under the aegis of the Progressive Governors’ Forum (PGF), stated this during a courtesy visit to President Bola Tinubu at the presidential villa. The Chairman of PGF and...
Atiku Lied About Nigeria’s Debt Profile – Lai Mohammed
Lai Mohammed, minister of information and culture, says former Vice-President Atiku Abubakar is spreading a false and frightening report on the country’s debt profile. Atiku had raised concerns on the country’s rising debt profile. The former vice-president said according to the medium-term expenditure framework (MTEF) and fiscal strategy paper (FSP), Nigeria’s debt to revenue ratio was 99% in the first quarter of 2020. The...
FG Promises To Deal With Economic Destabilizers
The Federal Government has vowed to go after individuals sabotaging the nation’s economy. The Minister of Information and National Orientation, Mohammed Idris, made this known in a statement he personally signed on Friday. Idris stated that one of the decisions of President Bola Tinubu when he was sworn-in was the removal of petrol subsidy which all the “three major candidates” agreed...
‘I Used ‘Abidoshaker’ Power To Bring Down Dollar’ — Prophet Odumeje Boasts
Prophet Chukwuemeka Ohanaemere, aka Odumeje, of the Mountain of Holy Ghost Intervention and Deliverance Ministry, has boasted that the exchange rate of dollar to naira came down because of his ‘Abidoshaker’ power. Odumeje, in a video recorded during one of his church programmes, claimed he used ‘Abidoshaker’ to bring down the exchange of dollars to naira. ABN TV reports that the...
Naira Gains Marginally Against Dollar, Exchanges At 441.25
The Naira on Monday exchanged N441.25 against the dollar at the Investors and Exporters window, making a slight appreciation. The figure represented a slight increase of 0.03 percent when compared to the N441.38 it exchanged for the dollar before the close of business on 14 October. NAN also reports that the open indicative rate closed at N439.63 to the dollar on...
MD Nwakanma Set To Establish Solar Energy Factory In Abia, Targets 2,000 Jobs
A new wave of industrialization and job creation is set to hit Abia State, as Mr. Madu Dennis Nwakanma, Chief Executive Officer of MD Nwakanma Nigeria Limited, has announced plans to establish a large-scale solar energy battery factory in the state. Speaking in an exclusive interview with ABN TV, Mr. Nwakanma revealed that the groundbreaking project will be sited in...
