Economy Archives - Page 23 of 95

Feb

06

2025

Burkina Faso Launches First Locally Assembled Electric Car Brand, ITAOUA

Economy, NewsAfrica, Bukina Faso, Economy

In a groundbreaking achievement, Burkina Faso has unveiled its first locally assembled electric car brand, ITAOUA. This innovative vehicle is 100% electric, solar-powered, and boasts an impressive range of 330 kilometers after just 30 minutes of charging. The production plant, located in Ouaga 2000, a district in Burkina Faso, is set to revolutionize the country's automotive industry. The launch of ITAOUA's electric car is expected to have a profound impact on Burkina Faso's economy, generating thousands of jobs and stimulating economic growth. ITAOUA's electric car is a testament to Burkina Faso's commitment to sustainable development and reducing its carbon footprint.…

Feb

06

2025

By Amos Oge Kalu

HRH Eze Ndukwe Iko Congratulates Senator Orji Kalu on Appointment as SEDC Chairman

Abia State, Amos Oge Kalu, Economy, Metro, News, Ohafia, PoliticsAbia State, Economy, Metro, Ndukwe Iko, Next Level, Nigeria, Orji Uzor Kalu, Politics, SEDC

HRH Eze Engr. Ndukwe Iko has congratulated Senator Orji Uzor Kalu on his appointment as Chairman of the Senate Committee on South East Development Commission (SEDC). This appointment is a testament to Senator Kalu's dedication to the development of the South East region and Nigeria as a whole. Senator Kalu's leadership and vision have been instrumental in driving positive change and progress in Abia State, particularly in the Abia North Senatorial Zone. His experience, expertise, and passion for development will undoubtedly be a valuable asset to the committee. HRH Eze Engr Ndukwe Iko praised Senator Kalu's commitment to serving his…

Jan

31

2025

By Amos Oge Kalu

Abuja Police Crack Down On Massive Theft Ring, Recover Stolen Goods Worth N1 Billion

Business, Economy, Metro, NewsAbuja, Business, Crime, Police

Abuja, Nigeria - In a major breakthrough, the Abuja Police Command has arrested a group of suspects linked to the theft of critical infrastructure components, including 115 manhole covers and transformer parts, valued at an astonishing N1 billion. The daring heist, which occurred in various locations across Abuja, left residents and authorities stunned. However, following a meticulous investigation, police operatives tracked down the suspects and recovered the stolen items. The theft of manhole covers and transformer components not only poses a significant risk to public safety but also disrupts essential services, causing inconvenience to residents and businesses. The police have…

Jan

30

2025

By Amos Oge Kalu

EL-RUFAI SPEAKS OUT: Former Kaduna Governor Slams APC, Says Nigeria Faces Existential Crisis

Economy, News, Opinion, Politics

Nasir El-Rufai, the former governor of Kaduna State, has intensified his criticism of the All Progressives Congress (APC) and the government of President Bola Tinubu, stating that the party and the nation are facing an existential crisis of monumental proportions. El-Rufai, who has been vocal about his dissatisfaction with the APC, took to social media to express his concerns, saying that the party has abandoned its founding principles and is fostering poor leadership. He also described the current state of governance and opposition in the country as a "national emergency." The Presidency has responded to El-Rufai's criticism, with the Special…

Jan

28

2025

By Amos Oge Kalu

Court orders arrest of Access Bank MD, others over alleged property theft, belonging to Obanikoro’s family

Business, Economy, MetroAccess Bank, Business, Court, Economy

A Lagos State High Court judge, Justice Ibironke Harrison, has ordered the arrest of Access Bank's Group Chief Executive, Bolaji Agbede, Managing Director, Roosevelt Ogbonna, and Company Secretary, Robert Imowo, over an allegation of property theft belonging to Obanikoro's son. This is contained in a bench warrant issued by Court No. 18 of the High Court of Lagos State with suit No. LD/24884c/24 with Lagos State Government as Complainant and Bolaji Agree and others as Respondents. The Judge made the order when the defendants, including Balmoral International Limited, DDSS International Company Limited, and Adejare Adegbenro, accused of conspiracy, obtaining by…