Economy

Economy

EMVC, Sterling Bank Seal Strategic Partnership to Expand Electric Mobility Financing in Nigeria

EMVC, Sterling Bank Seal Strategic Partnership to Expand Electric Mobility Financing in Nigeria

The agreement establishes a financial collaboration to support EMVC’s business growth, customer financing and the development of Nigeria’s electric vehicle ecosystem. LAGOS, NIGERIA — 28 October 2026 — EMVC has signed a strategic partnership agreement with Sterling Bank, establishing the Bank as its financial partner to support the growth of its electric mobility business and expand access to financing opportunities across Nigeria’s electric vehicle (EV) ecosystem. The partnership reflects a shared commitment to addressing the funding barriers surrounding electric mobility adoption and supporting the development of the infrastructure needed to grow the market. Areas of focus include financing opportunities for…
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Chidiebere Okoh Congratulates Ben Kalu On Transformer Distribution, 40,000 Solar Panels, Alayi-Item Power Restoration

Chidiebere Okoh Congratulates Ben Kalu On Transformer Distribution, 40,000 Solar Panels, Alayi-Item Power Restoration

Chief Chidiebere J. Okoh, an All Progressives Congress (APC) chieftain, has congratulated the Deputy Speaker of the House of Representatives, Rt. Hon. Benjamin Okezie Kalu, on the distribution of 26 electricity transformers and 40,000 solar panels across Bende Federal Constituency, describing the intervention as a practical response to the electricity needs of the people. Okoh said the commencement of the second phase of the Light Up Bende project, alongside plans to restore the Alayi-Item power grid, demonstrated Kalu’s commitment to addressing challenges that directly affect households, businesses and community life. Under the Renewed Hope Light Project, the 26 transformers and…
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Tiv Community Seeks Farmland, Produce Market As Emetu Assures Members Of Equal Opportunities In Abia

Tiv Community Seeks Farmland, Produce Market As Emetu Assures Members Of Equal Opportunities In Abia

Abia State Deputy Governor, His Excellency, Engr. Ikechukwu Emetu, FNSE, has assured the Tiv community residing in the state of equal opportunities and inclusion, pledging to present its requests for agricultural land and a designated market to Governor Alex Chioma Otti, OFR, for consideration. Emetu gave the assurance when he received the leadership of the Tiv Socio-Cultural Association, Abia State, on a courtesy and solidarity visit. During the visit, the association commended the state government’s performance in infrastructure development, electricity supply, digital development and public service delivery. Welcoming the delegation, the Deputy Governor said the government was committed to treating…
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Helen Okoronkwo Shares First Electric Bus Experience, Hails Otti’s Transport Innovation

Helen Okoronkwo Shares First Electric Bus Experience, Hails Otti’s Transport Innovation

Yesterday, the 16th of October, was my first time boarding the electric bus. I travelled to ABSU (Abia State University), and when I was done with what I went to do, I saw the electric bus parked at the school pavilion, waiting for people to board (Final destination was Bus Terminal, Umuahia) I decided to try it out since I already had my card, which is required to access the bus. I got to the door, handed my card to the man in charge, he scanned it, and I stepped in. Honestly, yesterday was my first time experiencing such a…
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Abia’s Green Shuttle Bus Fleet To Hit 70 As 30 New Buses Target October Rollout

Abia’s Green Shuttle Bus Fleet To Hit 70 As 30 New Buses Target October Rollout

Abia State’s Green Shuttle Bus fleet is set to increase from 40 to 70 by the end of October 2026, with 30 additional buses, comprising 15 intracity and 15 intercity vehicles, ready to expand transportation capacity, improve commuter mobility and strengthen connectivity across the state. The development marks another significant step in the commitment of His Excellency, Dr. Alex Chioma Otti, OFR, the Executive Governor of Abia State, to build an efficient, accessible and reliable public transportation system that responds to the everyday needs of residents. The additional buses will strengthen services within major urban centres while expanding connectivity for…
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