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Business

Courtesy Call: Aba Designers Seek Collaboration and Growth

Courtesy Call: Aba Designers Seek Collaboration and Growth

The Professional Designers and Manufacturers Association, Nigeria, Aba Branch, recently paid a courtesy visit to the Executive Mayor of Aba South Local Government Area, Hon. Obialor Anyanwu, in an effort to secure government support and collaboration aimed at boosting their industry. The delegation, led by Comrade James Dims Ogbu and Secretary Deacon Anyanwu Hart, received a warm welcome from the Mayor. Comrade James expressed his gratitude to the Mayor for his openness to the delegation. He introduced his team members, setting the stage for a constructive discussion. An address was presented to the Mayor, outlining the association's aspirations and potential…
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Revenue target: What might have been! – By abiodun KOMOLAFE

Revenue target: What might have been! – By abiodun KOMOLAFE

“Today I can stand here before you to brag: Nigeria is not borrowing. We have met our revenue target for the year and we met it in August”. That was President Bola Ahmed Tinubu, speaking in a recent address to key political figures. Tinubu announced that Nigeria had met its revenue target for 2025 ahead of schedule and would no longer rely on borrowing to fund its budget. He attributed the feat to strategic economic reforms that were focused on the non-oil sector. The president asserted that Nigeria's economy is now on a predictable and stable path, that the era…
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Software Engineer Loses A $260,000 International Job Just Because He’s Nigerian

Software Engineer Loses A $260,000 International Job Just Because He’s Nigerian

A Nigerian software engineer, Ridwan Akinfenwa, has narrated how he lost a Chief Technology Officer role worth over $260,000 per year because of his nationality. Akinfenwa, a software engineer, disclosed on his LinkedIn page on Sunday that he had signed a contract for the role last month, describing it as a career milestone after years of hard work in the global tech industry. He said in the LinkedIn post that started trending on Tuesday, ”Today, I find myself grappling with a deeply disheartening experience in my professional journey. “As a Senior Software Engineer with a solid educational and technical foundation,…
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Gov. Otti Signs The Mini-Grid Framework Regulation Into Use In Abia State.

Gov. Otti Signs The Mini-Grid Framework Regulation Into Use In Abia State.

Abia State Governor, Dr. Alex Otti, OFR, has signed into use the Abia Mini-Grid Regulation framework, a document aimed at opening and unleashing private sector-driven investment in the Abia State Electricity Generation and Distribution to the unserved and underserved communities across the State. Signing the memorandum of understanding on Wednesday, September 10th at the Banquet Hall of the Government House, Umuahia, Governor Otti said that the event is the climax of several months of planning, stakeholder engagements, confidence building, ideation, and reviews by policy experts, investors, and energy consumers. "We have gathered this afternoon to collectively adopt a new framework…
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Reps Ultimatum: CBN Governor Faces Arrest Threat Over N3.64 Trillion Debt

Reps Ultimatum: CBN Governor Faces Arrest Threat Over N3.64 Trillion Debt

The House of Representatives has issued a 14-day ultimatum to the Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, to settle a N3.64 trillion debt owed to the Federal Government. Failure to comply may result in a warrant of arrest being issued against him. According to the House Committees on Public Accounts and Public Assets, the debt represents 70% of an outstanding N5.2 trillion in unpaid operating surplus for the period spanning 2016 to 2022. The lawmakers emphasized that the CBN's non-compliance with the Finance Act 2020 has prompted this decisive action. The CBN has been directed to transfer unclaimed…
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