Business Archives - Page 26 of 46

Feb

28

2024

ABIA: New Opportunities Birthed As Shettima inaugurates the 188MW geometric power plant in Aba

Abia State, Amos Oge Kalu, Business, Economy, Metro, News, Opinion, SponsoredAba, Abia State, Emeka Kalu, Metro

After Vice-President Kashim Shettima inaugurated the 188-megawatt geometric power plant in Aba, Abia state, to boost power supply to the region's industrial areas, it is clear that Abia State, especially Aba is ready to retake her place as the Japan of Africa in area of production and commerce. Reacting to this latest development in God's Own State, the president and CEO of ECK Foundation, Chief Dr. Emeka Kalu, described the project as a giant stride in the entire Southeast, urging other states to replicate the feat so that the region will solve the problem of power supply and create new…

Feb

28

2024

By David Okoye

Navigating Economic Hardship: Advice from Flour Mills HR Head

Business, Economy, Metro, News, OpinionEconomy

Lara Yeku, Head of Human Resources at Flour Mills of Nigeria, offers advice to Nigerians on overcoming economic challenges. In an interview in Lagos, she emphasizes the importance of creativity and resilience in identifying and seizing opportunities for wealth creation amid widespread hardships. Yeku highlights the impact of economic difficulties on individuals, businesses, and society as a whole, stressing the need for a proactive approach in response to crises. She advocates for emotional awareness, exploration of options, community collaboration, and lifestyle changes as essential strategies for navigating economic uncertainties. Encouraging a shift from reactive emotions to proactive reflection, Yeku suggests…

Feb

27

2024

By Amos Oge Kalu

On The Flip Side Of The Geometric Miracle Of 24/7 Light In Aba

Abia State, Business, Column, Economy, Metro, News, OpinionAbia State, Business, Economy, Odo Ijere

By Odo Ijere The commissioning yesterday of the Aba Independent Power Plant project designed and built by Professor Barthlomew Nnaji's Geometric Power Ltd over a 20 years period was indeed a shining armor spotted in a thick cloud. It started as a developing story that was too difficult to imagine to be true. A fairy tale sort of stuff of the Cinderella fame. But turning out to be true that at last, something good came out of the tribe of Benjamin. Thus, Aba, the Enyimba City, the pearl of the Eastern States, the elephant of the Igbo miracle, the engine…

Feb

26

2024

By Amos Oge Kalu

Aba makes history today as Tinubu unveils the Geometric Power plant.

Abia State, Business, Economy, Metro, NewsAba, Business, Economy, Metro

President Bola Tinubu will today officially open the first integrated power plant in Nigeria, the Geometric Power Plant, located in the Osisioma Industrial District of Aba. Aba is the commercial centre of Abia State. Turbine 3 was turned on at 3:39 p.m. on Sunday, February 25, 2024, in anticipation of the Power plant's commissioning. This event caused a great deal of joy for the engineers of Geometric Power and their colleagues at KS Energy. President Bola Tinubu was originally supposed to inaugurate the 181-megawatt Geometric Power facility on Saturday, February 24. Nine out of the seventeen Local Government Areas in…

Feb

25

2024

By Amos Oge Kalu

Naira vs USD: Peter Obi criticises Tinubu govt over misguided raid on BDCs

Business, Economy, Metro, News, PoliticsBDCs, Bola Ahmed Tinubu, DSS/EFCC, Economy, Next Level, Opinion, Peter Obi

The Labour Party's 2023 presidential candidate, Peter Obi, believes it was a bad idea for the Economic and Financial Crimes Commission (EFCC) to raid Bureau De Change operators in several major Nigerian cities. On Sunday, Obi revealed this in a statement posted on his official X account. Recall that EFCC agents raided BDC operators in the Federal Capital Territory, Lagos, Kano, and other states in an attempt to save the Naira from ongoing swings against the US currency. Peter Obi, however, responded to the news by stating that the government of President Bola Ahmed Tinubu might have made matters worse…