Business

Business

Hon. Ibe Okwara Osonwa Pledges to Rebuild Afia Nkwo Market in One Year; Sympathizes With Affected Shop Owners

Hon. Ibe Okwara Osonwa Pledges to Rebuild Afia Nkwo Market in One Year; Sympathizes With Affected Shop Owners

Hon. Ibe Okwara Osonwa has pledged to rebuild Afia Nkwo Market within one year, as he extends his heartfelt sympathy to the affected shop owners and the entire Elu Ohafia community, following the devastating fire that ravaged the market. I am deeply saddened and heartbroken to learn about the devastating fire that struck Afia Nkwo Market last night. I extend my sincerest condolences to all those who have suffered losses due to this tragic event. As your representative, I understand the profound impact this fire will have on the lives of many, from the loss of livelihoods and cherished possessions…
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Hon. Ibe Okwara Osonwa Concludes Empowerment Program for Arochukwu/Ohafia Farmers and Market Women

Hon. Ibe Okwara Osonwa Concludes Empowerment Program for Arochukwu/Ohafia Farmers and Market Women

The Honorable Member representing Arochukwu/Ohafia Federal Constituency, Hon. Ibe Okwara Osonwa, has successfully concluded another batch of intensive training program for farmers, focusing particularly on women and youth, as part of 5000 women/youth Human Capacity Training,Skill Development and Start Up Grant In Arochukwu /Ohafia Federal Constituency. This empowerment program, organized by Hon. Osonwa, was conducted in collaboration with the Cocoa Research Institute of Nigeria and SJG Ventures Nigeria Limited. Facilitators provided training on essential topics such as food storage, the production and preparation of organic manure, and strategies for becoming successful entrepreneurs. A highlight of the two-day program was a…
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CBN Unveils New Foreign Exchange Code to Stabilize Naira

CBN Unveils New Foreign Exchange Code to Stabilize Naira

The Central Bank of Nigeria (CBN) has introduced a fresh Foreign Exchange Code to guide participants in the country's FX market, aiming to stabilize the Naira. This move is part of efforts to regulate Nigeria's financial system and supervise the foreign exchange market in line with global best practices. The new FX Code is built around six core principles: Ethics: Promoting transparency and accountability Governance: Ensuring effective oversight and management Execution: Facilitating efficient and timely transactions Risk Management and Compliance: Minimizing risks and ensuring adherence to regulations Information Sharing: Encouraging open communication among market participants Confirmation and Settlement Processes: Streamlining…
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Imo LGA election; A slap on democracy: ISIEC; Enemy of Ndi Imo – NYA

Imo LGA election; A slap on democracy: ISIEC; Enemy of Ndi Imo – NYA

Uzodimma's administration an Azigbakwa ! The National Youth Alliance NYA Imo state chapter after thorough review of the LGA election held on the 21st of September 2024 in all the 27 LGAs and 305 Political wards of the state hereby declares that the election as conducted was a slap on democracy and ISIEC, enemy of Ndi Imo. ISIEC deliberately messed up the election in consonance with the APC led government in Imo state. Voting materials such as ballot Boxes, result sheets etc arrived as late as 2pm, 3pm, in most areas 4pm . NYA observed that the distribution of the…
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Ekeoha Market Demolition Begins: Abia State’s Bid for Modernization

Ekeoha Market Demolition Begins: Abia State’s Bid for Modernization

The phased demolition of Aba's iconic Ekeoha market, also known as the Shopping Centre, has commenced, marking the beginning of Abia State's ambitious remodeling project. This initiative aims to elevate the market to international standards, ensuring a safer and more conducive trading environment for merchants and customers alike. Remodeling Objectives: Enhanced Safety: Provide a secure environment for traders and customers International Standards: Elevate the market's reputation and appeal Business Growth: Foster opportunities for traders and the local economy Governor Alex Otti has assured original shop owners that they will not lose their businesses during the remodelling exercise. The project, a…
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