Business Archives - Page 3 of 46

Apr

17

2026

Chinedu Onyeizu Visits Abia Power Commissioner to Celebrate, Strengthen Gov. Otti’s Transformative Electricity Reforms

Abia State, Business, News, PoliticsAbia State, Economy, Onyeka Onwenu, Opinion, Politics

Chinedu Onyeizu recently paid a courtesy visit to Engineer Ikechukwu Monday (MNSE, FNSE), the Commissioner for Power and Public Utilities in Abia State, in a meeting that clearly underscored the transformative vision of Alex Otti (H.E.) in reshaping the state’s power sector. The visit was not just ceremonial, but a deliberate effort to further highlight the strength and effectiveness of Governor Alex Otti’s policies aimed at expanding electricity access to every nook and cranny of Abia State. It reinforced the administration’s commitment to ensuring that no community is left behind in the ongoing power reforms.Central to the discussions was the…

Apr

16

2026

By Amos Oge Kalu

Abia Transport Revolution: Umuahia Central Bus Terminal Set for Commissioning

Abia State, Business, Economy, Opinion, Social IssuesAbia State, Economy, Opinion, Politics

By Ebere Uzoukwa, PhD Umuahia is set for a major shift in urban mobility as the state prepares to commission the Umuahia Central Bus Terminal, a pioneering facility expected to redefine public transportation across Abia State. The project represents a significant milestone in the government’s ongoing efforts to modernise infrastructure and restore order to the transport system. Conceived as a world class intermodal hub, the terminal is equipped with organised loading bays, spacious passenger lounges, digital ticketing infrastructure, robust security and surveillance systems, and ample parking space. It is also designed to support the state’s expanding fleet of electric buses,…

Apr

02

2026

By Amos Oge Kalu

Why CBN Recapitalization May Not Drive Real Sector Growth — Oyedokun

Business, Economy, NewsBusiness, CBN, Economy

A professor of accounting at Lead City University, Godwin Oyedokun, has cautioned that the recently concluded bank recapitalisation exercise by the Central Bank of Nigeria (CBN) may not automatically stimulate growth in Nigeria’s real sector. Speaking in an interview on Wednesday, Oyedokun acknowledged the significance of the recapitalisation programme but warned against assuming it would directly improve credit access, especially for small businesses and informal operators. The CBN had earlier announced the successful completion of its recapitalisation initiative, which commenced in March 2024 and ended on March 31, 2026. According to the apex bank, 33 financial institutions met the new…

Mar

28

2026

By Amos Oge Kalu

Abia AG Commited to Fiscal Discipline and Transparency, not perturbed by baseless allegations.

Abia State, Business, News, Opinion, PoliticsAbia State, Politics

The attention of concerned stakeholders has been drawn to a publication credited to a group operating under the name United Front for a New Abia (UFNA), calling for the dismissal of the Accountant General of Abia State, Mrs. Njum Uma-Onyemanam. The claims contained in that statement are not only misleading but clearly designed to misinform the public and undermine confidence in the present administration. It is important to state unequivocally that the allegations leveled against the Accountant General are entirely baseless, lacking in substance, and reflect nothing more than a calculated campaign of calumny orchestrated by elements opposed to the…

Mar

25

2026

By Amos Oge Kalu

Signature Bank: Onyeizu Congratulates Alex Alozie on His Appointment as Deputy Managing Director

Abia State, Business, News, PoliticsAbia State, Business, Onyeka Onwenu, Opinion, Politics

In a warm gesture of goodwill and recognition, Engr. Chinedu Onyeizu has extended heartfelt congratulations to Dr Alex Alozie on his appointment as Deputy Managing Director of Signature Bank, describing it as a well-deserved elevation that reflects competence, integrity, and visionary leadership. According to Onyeizu, the appointment of Dr. Alozie is not only a personal achievement but also a significant milestone for the banking sector in Nigeria. He noted that Alozie's illustrious career, spanning decades of excellence in finance and corporate leadership, has consistently demonstrated his capacity to transform institutions and inspire confidence among stakeholders. As a seasoned banker, Alozie…