Economy Archives - Page 76 of 95

Nov

25

2022

AEDC announces fresh blackout in Abuja

Business, Economy, Lifestyle, MetroAbuja, AEDC, Business, Economy, Lifestyle, Metro, Nigeria

Abuja Electricity Distribution Company (AEDC), has announced that there will be power interruption in some parts of the Federal Capital Territory (FCT) starting from Friday, 25th to Saturday, 26th of November 2022. AEDC, in a public notice signed by its management, noted that the interruption would enable the Transmission Company of Nigeria (TCN) to carry out maintenance exercises at Suleja – Katampe 132kv transmission line from 7 am to 6 pm daily. According to the company, the affected areas are Dawaki Village, Dawaki Extension, Sokale Village, part of Dutse, part of Kubwa, and the environs. The company, however, assured that…

Nov

24

2022

By Amos Oge Kalu

Alleged N109b fraud: Ex-Accountant-General Idris returned about $900,000 in cash – witness

Economy, Opinion, PoliticsCrime, DSS/EFCC, Economy, Freedom, Next Level, Nigeria, Politics

A High Court of the Federal Capital Territory (FCT) in Maitama heard on Tuesday that the suspended Accountant-General of the Federation (AG-F), Ahmed Idris voluntary returned about $900,000 part of the public funds he allegedly diverted. The court also heard how N84.7billion was taken from the $2.2billion due to the nine oil producing states and shared by some senior government officials. An official of the Economic and Financial Crimes Commission (EFCC), Hayatudeen Ahmed disclosed these while testifying at the trial of Idris and three others. The suspended Accountant General; his former Technical Assistant, Godfrey Olusegun Akindele; a director in the…

Nov

23

2022

By Amos Oge Kalu

See redesigned naira notes FG unveiled to general public

Business, Economy, Metro, PoliticsEconomy, Lifestyle, Metro, Nigeria, Politics

The Federal Government has unveiled the redesigned naira notes to the public. It was unveiled at the Federal Executive Council meeting presided over by President Muhammadu Buhari a few minutes ago. The Governor of the Central Bank of Nigeria, Godwin Emefiele warned Nigerians against hoarding of the old notes, saying there is no going back on the January 31st 2023 deadline to completely render the old notes useless. The redesigned notes are in denomination of N1000, N500 and N200.

Nov

21

2022

By Amos Oge Kalu

Opinion: Ten Reasons Why We Must Vote Out APC, PDP In 2023 Election – Dr. Ume.

Economy, News, Opinion, Politics2023, Atiku Abubakar, Bola Ahmed Tinubu, Next Level, Nigeria, Opinion, Peter Obi, Politics, Richyard Awa Ume

OPINION: 1.. Recently, I lodged in a hotel while in transit. My fourth child came to visit me in the hotel from her University which was close to where I lodged. During our discussion, her pen slipped out of her hand and rolled under the expansive bed in the hotel room. She lifted the bed to pick up the pen. The mess she saw under the bed her father has been sleeping on was distasteful, embarrassing, nauseating, and better left to the imagination. For 16 solid years, we allowed PDP to roll, sleep, and sit on top of their mess…

Nov

21

2022

By Amos Oge Kalu

Ibe Okwara promises to establish Business Improvement Centre in Aro/Oha Fed. Constituency if elected.

Abia State, Economy, Ohafia, Politics2023, Abia State, Ibe Okwara Osonwa, Next Level, Ohafia, Politics

Chief Ibe Okwara Osonwa, the Labour Party candidate for Arochukwu/Ohafia Federal Constituency seat in the House of Representatives, has vowed to promote legislation aimed at making a conducive environment for small businesses if elected. Osonwa in a post on his Facebook page noted that small businesses are the bedrock of every economy, saying that through zonal interventions projects, he would provide capital for small businesses and establish a business improvement centre in the Federal Constituency. He said: "One of my key agendas is to promote small businesses. "Small businesses are the bedrock of every economy. They bring jobs and provide…