The Akwa Ibom State Government has commended tech experts in the state for the upcoming Akwa Ibom Tech Week 2023. The Senior Special Assistant to the Governor on Brand Management and Marketing, Mr Raphael Edem, gave the commendation in his office, Wednesday, when he played host to a team from the tech community. Mr […]
Business
Stock market deals up by 22% stock market
Available records have shown that investors’ expectations that ongoing economic reforms will stimulate improvements in macroeconomic performance and investment returns are yielding results. The economic outlook has pushed transactions at the stock market up by 22 per cent, the latest trading data obtained at the Nigerian Exchange (NGX) showed. The transactions crossed the N2 […]
JUST IN: Capital Luxury Announces 25% Slash In Transport Fare For Passengers
Capital Luxury, the leading Nigerian conglomerate dealing in transport, luxury automobile, realty, homes and property development and logistics, has announced a 25% cut in transportation fares to passengers across all routes in the country. This was contained in a statement signed by the chairman of the group, Mr. Edidiong Udoidiong and made available to […]
Drivers lament rising levies, union officials’ harassment
Some commercial drivers in Ogun and Lagos states have lamented the alleged increase in the daily levies they pay through the purchase of tickets in various motor parks across the states. Investigations by our source at Mowe Motor Park in Ogun State as well as Berger, Ketu and Ojota Motor Parks in Lagos State […]
Forex crisis: CBN likely to flood market with dollar
• Tinubu okays apex bank’s plans to stabilise currency volatility • How to strengthen Naira, by experts • CBN hammer to fall on speculators The Central Bank of Nigeria (CBN) has concluded plans to stem the continuous slide of the naira against the dollar. Top of these plans is to flood the market with […]
Forex crisis: Marketers propose N720/litre, suspend fuel imports
Oil marketers, on Sunday, indicated that the cost of Premium Motor Spirit, popularly called petrol, would rise to between N680/litre and N720/litre in the coming weeks should the dollar continue to trade from N910 to N950 at the parallel market. They also hinted that dealers seeking to import PMS were being forced to put […]
Akwa Ibom could earn N1.4 billion yearly just planting tomatoes
By Ukpong Ukpong Recently, my daughters and I went shopping in a popular mall in Uyo. Our first stop was the grocery section since we needed to restock. My second daughter, who loves sampling new products spotted them first and drew our attention – neatly arranged row of various tomato products including tin tomato, […]
Stop reselling already purchased SIM cards, Reps tell MTN, GLO, Airtel, others
The House of Representatives has mandated its Committee on Telecommunications (when constituted) to interface with Global System for Communication, GSM, providers to stop network providers from reselling already purchased SIM cards. The call followed the consideration of a motion moved by Boniface Sunday Emerengwa at the plenary on Tuesday. Moving the motion, Emerengwa noted […]
NMA Creche to assist young professional mothers- Dr Emem Abraham
The Nigerian Medical Association NMA , Akwa Ibom State Branch, has set up a creche in Uyo where babies and young children are to be cared for during the working day. According to the Chairman, NMA Akwa Ibom, Dr Emem Abraham “NMA crèche will carter for the teaming young professional mothers who are […]
Tough Time For Families As Inflation Soars To 7yr High
Poor families in all parts of the country are facing hard times with the astronomical rise in food prices and other commodities over the last two months. Many of them said they are finding it difficult to feed even as their income continues to dwindle. Nigeria’s monthly inflation rate soared to a seven-year high […]