MAN urges banks to open all branches The Manufacturers Association of Nigeria (MAN) Apapa Branch has called on the banking sector to open all their branches nationwide to avoid further escalation of the covid-19 pandemic. The Chairman, Frank Onyebu told newsmen on Wednesday that except banks open all their branches to the overwhelming customers occasioned by the lockdown,...... read more
Discos, TCN demand another hike in electricity tariff Power distribution companies and the Transmission Company of Nigeria Plc have applied to the Nigerian Electricity Regulatory Commission for a review of their tariffs. NERC, in a document seen by Punch said the request for rate review was premised on the need to incorporate changes in macroeconomic parameters and other factors...... read more
How Ikpeazu uses marketing tools to drive development in Abia State According to American Marketing Association (AMA), Marketing is the activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large (Approved 2017).Marketing tools are tools that companies use to develop and promote their products and services. In this...... read more
Abia Feeds will be available at Abia Marketing & Quality Management Agency - Sam Hart The Director-General of the Abia Marketing and Quality Management Agency, Barr. Sam Hart, has announced that the newly launched Abia feeds will be available at the Agency head office. He made the annoucement on Thursday via a Facebook post on his timeline. He added that every proceed of the cluster will be...... read more
Abia govt calls for samples of Made-in-Abia products to be displayed at AMQMA showroom The Abia state governement has called on producers of products in Abia State to make available, samples that can be displayed at the Abia State Marketing and Quality Management Agency (AMQMA) showroom. The call was made by the Director-General of the Agency, Barr. Sam Hart on Friday, via his official facebook page....... read more
Convert Arik to National Carrier, AMCON MD tells FG The Managing Director and Chief Executive Officer of the Asset Management Corporation of Nigeria (AMCON), Ahmed Kuru, has called on the Nigerian government to convert Arik air into a national carrier. Mr Kuru said his agency has retrieved Arik from the brink of collapse and restructured and positioned it on the path of...... read more
Nigerian TV station shuts down as flood ravages headquarters The management of Core TV Station has announced the temporary shutdown of the station owing to the flood trigerred by the release of water from the Oyan dam which ravaged its headquarters. The Managing Director and founder of the station, Olajide Adediran, said the decision, though a painful one, is designed...... read more
Eedc commissions new 11kv feeder for Ebonyi The Enugu Electricity Distribution PLC (EEDC), yesterday commissioned a new 11KV feeder in Abakaliki, the capital city of Ebonyi State. The newly constructed feeder, which is known as Azuiyiokwu II, has a route length of 1.3kilometers, and costs EEDC a whooping sum of N8.7 Million to execute. The Head of Communications, EEDC,...... read more
You’ll be relocated to a comfortable place- Ikpeazu tells traders at Isi-Gate   The Governor of Abia state, Dr. Okezie Ikpeazu, has revealed his plans to relocate grocery traders at the former Umuahia main market also known as Isi Gate to a more suitable and conducive environment within the state capital. The Governor, while on inspection of the former main market, revealed to...... read more
NUPENG issues 7-day strike notice to FG Nigeria Union of Petroleum and Natural Gas Workers, NUPENG, yesterday, issued a seven-day strike notice to the Federal Government to compel Chevron Nigeria Limited, CNL, to honour the agreement it reached with the union on June 20, failing which members would down tools and begin an indefinite strike.       ...... read more
CBN retains MPR at 13.5% Nine out of 11 member of the Monetary Policy Committee (MPC) of the the Central Bank of Nigeria (CBN) on Tuesday voted to retain all key economic parameters. Consequently, Monetary Policy Rate (MPR) remained 13.5%, the asymmetric corridor at +200 and -500 basis point around the MPR, the CRR at 22.5% and...... read more
Mutilate Naira, go to jail! Nigerians get stern warning Nigerians may soon bid bye to dirty, torn and mutilated Naira as the Central Bank of Nigeria (CBN) has ordered the withdrawal of the N7.9 trillion unfit banknotes in circulation,  and  decreed that only clean, crisp Naira notes  should exchange hands henceforth. This is in line with its mandate of  production and circulation of quality...... read more
OPINION: Golden Guinea Breweries Plc: An important addendum By Sam Hart Last week Friday, the Abia State Commissioner for Information John Okiyi Kalu and myself visited Golden Guinea Breweries Plc and shared the news of the imminent reopening of the Brewery.  The story understandably went viral and elicited mixed reactions. While genuine lovers of development welcomed the news for...... read more
Kachikwu pegs cost of Petrol at N180 The landing cost of Premium Motor Spirit, also known as petrol, is N35 higher than the pump price of N145 per litre, the Minister of State for Petroleum Resources, Dr Ibe Kachikwu, said on Tuesday. Kachikwu said the rise in global crude oil prices after the 2016 hike in petrol price...... read more
BoI rolls out repayment scratch-cards for TraderMoni, MarketMoni loans The Bank of Industry (BoI) has begun the roll-out of its voucher-based loan repayment recharge cards for the Government Empowerment and Enterprise Programme (GEEP) TraderMoni, MarketMoni, and FarmerMoni loans. Through a flexible loan repayment plan of N430 per week paid over six months or N860 per week paid over three months,...... read more
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