Business

Business

Oct
17
2025
By Amos Oge Kalu
Chief Kalu Commends Gov. Otti for Prioritizing Bende in Electricity Roadmap, Affirming Him as a Leader Who Truly Listens.

Chief Kalu Commends Gov. Otti for Prioritizing Bende in Electricity Roadmap, Affirming Him as a Leader Who Truly Listens.

Abia State, Amos Oge Kalu, Business, Economy, Metro, News, Opinion, Politics, , , ,
Chief Dr. Emeka Kalu, Chairman of E.C.K Foundation, has expressed his gratitude to the Executive Governor of Abia State, Dr. Alex Chioma Otti, OFR, for promptly including Bende Local Government Area in his administration's electricity roadmap. This development comes after Chief Kalu made a passionate appeal through an open letter, emphasizing the urgent need for improved electricity supply in Bende, a longstanding challenge for its residents. Chief Kalu praised Governor Otti as a "listening Governor" who prioritizes the welfare of the people. "Governor Alex Otti is a listening Governor who remains focused on delivering the dividends of democracy and good…
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Oct
16
2025
By Amos Oge Kalu
Moniepoint, OPay, PalmPay Agents at Risk as CBN Issues Tough New Rule

Moniepoint, OPay, PalmPay Agents at Risk as CBN Issues Tough New Rule

Business, Economy, Metro, News, Social Issues, , ,
Point-of-Sale (PoS) operators across Nigeria are raising concerns over the Central Bank of Nigeria’s (CBN) latest regulations for agent banking. They warn that this new policy could threaten small fintech companies and jeopardize millions of livelihoods. The CBN's new directive prohibits PoS agents from working with multiple financial platforms. This means that agents currently collaborating with providers such as Moniepoint, OPay, and PalmPay must choose only one platform to operate under. According to operators, this rule will severely limit business flexibility, stifle competition, and enhance the dominance of a few large players in the market. The Association of Mobile Money…
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Oct
14
2025
By Amos Oge Kalu
Gov. Otti Inaugurates Board Of Abia State Technological Skills Acqusition Centre.

Gov. Otti Inaugurates Board Of Abia State Technological Skills Acqusition Centre.

Abia State, Business, Economy, Education, Metro, News, Politics, , , ,
Abia State Governor, Dr Alex Otti, has inaugurated the Board of Abia State Technological Skills Acquisition Centre with Professor Ndubuisi Ekekwe as Chairman. Other members of the board include; Engr. Cletus Ogbonnaya Ekpo – Vice Chairman, Engr. Peter Ukonu – Director General, Mr. Gerald Ilukwe - Member, Mr. Chinenye Mba Uzoukwu - Member, Mr. Fidelis Nweze – Member, Dr. Christopher Kalu Okoro - Member, Mr. Chukwudi Ogbonna - Member and Dr. Mrs. Rita Ndidi Amuchienwa - Member. Inaugurating the board on Monday in the Executive Council Chamber at the end of the weekly State Executive Council meeting, Governor Alex Otti…
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Oct
11
2025
By Amos Oge Kalu
Abia Is First Again: Abia Green Shuttle Service To Be Launched Soon.

Abia Is First Again: Abia Green Shuttle Service To Be Launched Soon.

Abia State, Business, Metro, News, Politics, , ,
Governor Otti's administration is poised to revolutionise the public transport system with the scheduled launch of EV (Electric Vehicle) Public Transport System, a move that will position the State at the forefront of sustainable transportation in Nigeria. The Abia Green Shuttle Service is part of Governor Otti's broader and futuristic vision for a modern and sustainable public transportation system, which aligns with global best practices, climate change and environmental sustainability goals. The State under Governor Otti has embraced the future over and above PMS, Diesel and CNG. The State plans to acquire 100 fleets of Electric buses to operate in…
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Oct
11
2025
By Amos Oge Kalu
JUST IN: Nigeria’s Debt Under Tinubu Has Climbed To N152.4 Trillion — DMO Informs Nigerians

JUST IN: Nigeria’s Debt Under Tinubu Has Climbed To N152.4 Trillion — DMO Informs Nigerians

Business, Economy, Lifestyle, News, Opinion, , , , ,
Nigeria’s total public debt stock has surged to ₦152.40 trillion as of June 30, 2025, according to fresh data released by the Debt Management Office (DMO) on Saturday. This marks an increase of ₦3.01 trillion from the ₦149.39 trillion recorded in March 2025 —a 2.01% rise within just three months. In dollar terms, the figure rose from $97.24 billion to $99.66 billion, reflecting a 2.49% uptick. The DMO attributed the rise to increased borrowing both locally and internationally to fund fiscal gaps, despite ongoing revenue reforms and foreign exchange liberalisation. A breakdown shows external debt grew from $45.98 billion in…
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