NDDC staff cooperative society floats microfinance bank
Ben Eguzozie
February 11, 2020
Staff of Niger Delta Development Commission (NDDC) who are members of NDDC Staff Investment & Credit Society, numbering over 1,500, have floated a microfinance bank, known as NDDC Coop Microfinance Bank Limited. The cooperative society members would retain at least 60 percent equity holding in the new bank. Franklin Essien, president of the cooperative, said […]
Multi-million naira electronics factory planned for Imo
Dikachi FranklinFebruary 11, 2020
By Dikachi Franklin, in Owerri Amulti-million naira factory plant for the production of electronic accessories for radio, television and other related equipment is being planned for set up in Imo State. The factory site is at Nguru in Aboh Mbaise local government area along the popular Owerri-Umuahia road. Damian Anyanwu, the chief executive officer […]
ECCIMA, cleric reiterate call on FG to build Enugu International Trade Fair Complex
Ben EguzozieFebruary 11, 2020
…as chamber prepares for 31st fair in March The Enugu Chamber of Commerce, Industry, Mines and Agriculture (ECCIMA), one of Nigeria’s tripodal major city chambers (others are Lagos and Kaduna), has asked the Federal Government to make good its long-standing promise of building a permanent trade fair complex for the Enugu International Trade […]
Rumbling by communities over land threatens N500bn Enyimba Economic City project
Ben EguzozieFebruary 11, 2020
Oil-rich communities in Asa clan of Ukwa West local government area of Abia State, one of the host communities of the incoming Enyimba Economic City (EEC), a N500-billion project, are demanding a share of the business estate. They particularly complain that the project had taken much of what was their land, after so much was […]
Equatorial Guinea looks to copy Nigeria’s modular refinery model
Ben EguzozieFebruary 7, 2020
…as oil minister visits Waltersmith site in Imo Ben Eguzozie in Port Harcourt Equatorial Guinea, an oil producer in the Gulf of Guinea, says it is highly interested in Nigeria’s yet-to-start modular refinery model. Recently, the central African oil producer sent its oil minister to the Ibigwe oilfield in Obiti, Ohaji/Egbema local government area […]
Customs seize 944 cartons of frozen poultry products in Ogun
Samson EchenimFebruary 5, 2020
By Samson Echenim The Ogun Area I command of the Nigeria Customs Service says it has intercepted movement of 944 cartons of frozen products into the country being smuggled from neighbouring Republic of Benin. The prohibited products have also been seized by the service and now awaiting destruction. The command’s spokesman, Abdullahi Maiwada said in […]
LG Electronics launches multi-million naira free laundry centre in Kano
Jacob AjakaiyeFebruary 5, 2020
By Jacob Ajakaiye, in Kano LG Electronics, one of the global leaders in consumer electronics, has opened a multi-million naira free laundry centre, with capacity to dry clean about 400 set of clothes, as part of it corporate commitment to people of the commercial city of Kano. The multi-million naira facility, which is situated in […]
NDDC extends verification for 2,500 contractors in wake of N1.3trn bogus jobs
Ben EguzozieFebruary 5, 2020
The Niger Delta Development Commission (NDDC), locked in a face-saving effort to rid itself of decades of deep-seated graft, before a foreseeable hammer by President Muhammadu Buhari, has extended the period for the verification of documents for contractors and consultants of the Commission to Friday, February 7, Emmanuel Audu-Ohwavborua, speaking for the chairman of the […]
NDLEA, Imo Command, seizes 225kg of hard drugs in 2019
Dikachi FranklinJanuary 31, 2020
By Dikachi Franklin, in Owerri The Imo State Command of the National Drug Law Enforcement Agency (NDLEA) has released the report of its performance for 2019. The report which was made available to Business a.m. states that the Command, among other things, arrested146 suspects and seized 225.32 kilogrammes of hard drugs in 2019. The report, which […]
nHUB, Jos-based technology firm, trains software engineers, fosters e-commerce
Hope IkweJanuary 29, 2020
By Hope Ikwe, in Jos A computer soft ware engineering company, nHUB, which has been in operation in Jos since 2015, says it has trained thousands of software engineers from various parts of the country. David Daser, founder of the company, said nHUB has simplified software engineering for software engineers with several “partnerships ranging from […]