Business Archives - Page 17 of 46

Mar

06

2025

PETROAN Chairman Kidnapped, Two Aides Killed in Abia State Ambush

Abia State, Business, Metro, NewsAbia State, Business, Crime, Kidnappers, Kidnapping, Metro, Security

Chief Obasi Lawson, the Chairman of the Board of Trustees of the Petroleum Product Retail Outlet Association of Nigeria (PETROAN) and owner of SOBAZ Oil and Gas, has been kidnapped in Abia State. The incident occurred on Tuesday when his SUV was ambushed in Azumini, Abia State. Tragically, two of his aides, Mr. Anayo Ukwu (his driver) and Mazi Confidence Chijioke (his special assistant), were killed in the attack. The three police officers accompanying them managed to escape. The Petroleum Product Retail Outlet Association of Nigeria (PETROAN) has called on the Inspector General of Police to intervene in the search…

Mar

03

2025

By Amos Oge Kalu

Ogbajie Foundation Empowers OYA Abuja With Monthly Business Grants

Abia State, Amos Oge Kalu, Business, Metro, News, Ohafia, Sponsored, VideoAbuja, Business, Economy, Kingsley Kalu Oke, Metro, Okon-Aku

By Comr Amos Oge Kalu The Okon-Aku Youth Association, Abuja Branch witnessed a remarkable display of philanthropy at its March meeting, as the Ogbajie Foundation, led by it's President, Chief Kingsley Kalu Oke, continued its monthly empowerment scheme. https://youtu.be/oyUNng6dzVg?si=EnZC4iaPWfLYYNbf According to the model, every month, 1 lucky youth is selected to receive N100,000 each as business capital. This initiative will run for 12 months, providing a total of N1.2 million in business grants to 12 beneficiary who will use it to boost their business or start new one. Notably, Miss Felicia Kalu made history by winning the empowerment program for…

Mar

02

2025

By Amos Oge Kalu

Exposing Merridian Park Estate’s Unlawful Practices and Breach of Contract

Amos Oge Kalu, Business, Metro, NewsBusiness, Meridian Park Estate, Metro

By Amos Oge Kalu A thorough investigation has uncovered a web of deceit and corruption surrounding Merridian Park Estate, a subsidiary of Lekki Gardens. This report highlights the shocking case of Hon. Ode and his wife, who fell victim to Merridian Park Estate's unlawful practices. The Property in contention The Rise of Merridian Park Estate and Lekki Gardens Merridian Park Estate has been a major player in Nigeria's real estate industry for over a decade, offering luxurious homes with top-notch amenities. However, beneath its successful facade lies a culture of impunity and disregard for clients' rights. A Blatant Breach of…

Feb

26

2025

By Amos Oge Kalu

The Exorbitant Effects of Current Telecom Charges: ECK Calls for Immediate Reversal

Business, Economy, Metro, News, Opinion, PoliticsEconomy, Emeka Kalu, Metro, Next Level, Nigeria, Politics

The recent hike in telecom service charges by network providers such as MTN and Airtel has sparked widespread concern among Nigerians. Despite warnings from labor unions and other stakeholders, these providers have increased data subscription charges, with one gigabyte now costing 600 naira, up from the original 350 naira. This move has been deemed highly exploitative, particularly in light of the country's current economic struggles. The Chairman and President of ECK Foundation Worldwide, and the director of Global Initiative For Good Governance, GIGG, Chief Dr. Emeka Kalu, has faulted the Nigerian government's approval of this tariff hike that has been…

Feb

07

2025

By Amos Oge Kalu

Naira Records Highest Gain Against Dollar at Black Market

Business, Economy, Metro, NewsBusiness, Economy, Naira

OHAFIATV reports that the Nigerian Naira has appreciated significantly against the US Dollar at the parallel foreign exchange market. According to a Bureau de Change Operator in Abuja, the Naira strengthened to N1570 per dollar on Thursday, gaining N20 from the previous day's rate of N1590 per dollar. This marks the largest daily gain for the Naira since the start of the week. Meanwhile, at the official market, the Naira fell to N1,500.65 per dollar on Thursday, down from N1,499.76 the previous day. After Thursday's trading, the Naira firmed up by N20 at the black market and dropped by N0.89…