Abia ThinkTank

4523 Posts
Apr
09
2024
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By Abia ThinkTank
AD’s Hotel Amaekpu Ohafia Felicitates With Abia Deputy Governor Engr Ikechukwu Emetu On His 40th Birthday

AD’s Hotel Amaekpu Ohafia Felicitates With Abia Deputy Governor Engr Ikechukwu Emetu On His 40th Birthday

Abia State, Birthday, News Flash, People & Events
AD'S Hotel Amaekpu Ohafia, Felicitates With Abia Deputy Governor Engr. Ikechukwu Emetu on His 40th Birthday. Our Prayers for you is for God to Continue to direct your path and broaden your vision for the development of our dear State and Nigeria at Large. Wishing you long Life and uncommon life achievements. Remain Blessed as you enjoy your Day Mr. Uma Onwuka(Chaka Billion)CEO, AD's Hotel, Amaekpu Ohafia
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Apr
09
2024
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By Abia ThinkTank
Gov Otti Greets Muslims On Eid El-Fitr Celebration

Gov Otti Greets Muslims On Eid El-Fitr Celebration

Abia State, Good Governance, News Flash
GOV OTTI GREETS MUSLIMS ON EID EL-FITR CELEBRATION Abia State Governor, Dr. Alex Otti, OFR, has congratulated the Muslim community in the State and the country at large as the world marks this year's Eid el-Fitr celebration. Governor Otti commended the Muslim faithful on the fortitude and self discipline they exhibited as they religiously observed the Ramadan period of fasting and prayers, culminating in the celebration of this year’s Eid el-Fitr festival. The Governor, in a statement issued from his office, said he was optimistic that the Muslim community in Abia, and indeed Nigeria, had used the opportunity of the…
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Apr
09
2024
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By Abia ThinkTank
CBN Sacks 8 Directors, 32 Others

CBN Sacks 8 Directors, 32 Others

CBN/Commercial Banking, Labour, News Flash
CBN Sacks 8 Directors, 32 Others The Central Bank of Nigeria (CBN) has reportedly terminated the employment of another batch of 40 staff members, primarily from the development finance department (DFD), according to Daily Trust. Details regarding the affected individuals are limited due to the late release of the termination letters. However, it was confirmed that Musa Zgabawa Bulus, an Assistant Director heading the National Collateral Registry (NCR) within the CBN, was among those affected. The NCR, an initiative aimed at enhancing access to finance for Nano, Micro, Small and Medium Enterprises (MSMEs) by leveraging movable assets, falls under the…
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Apr
09
2024
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By Abia ThinkTank
Lagos Court Orders Remand Of Emefiele In EFCC Custody

Lagos Court Orders Remand Of Emefiele In EFCC Custody

Crime, CBN/Commercial Banking, News Flash
Lagos Court Orders Remand Of Emefiele In EFCC Custody The Ikeja High Court in Lagos State has ordered the remand of a former governor of the Central Bank of Nigeria (CBN) Godwin Emefiele in the custody of the Economic and Financial Crimes Commission (EFCC). He is to be remanded till the next adjourned date, Thursday, April 11 when the court will give its ruling on bail. Justice Rahman Oshodi also ordered the remand of Emefiele’s co-defendant Henry Omoile at the Kirikiri Prison pending the court’s ruling on his bail on Thursday. The court ordered the remand of both men after…
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Apr
09
2024
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By Abia ThinkTank
Oil Marketers Propose N550/Litre Price To Dangote

Oil Marketers Propose N550/Litre Price To Dangote

Business, Economy, News Flash, Oil & Gas
Oil Marketers Propose N550/litre Price To Dangote As the Nigerian National Petroleum Company, NNPC Limited, moves to end petrol scarcity in Lagos and its environs, Dangote Refinery and oil marketers have intensified efforts at taking final decisions on pricing and delivery of petrol to filling stations Nationwide Dangote Refinery, which can refine 650,000 barrels per day, bpd of crude oil, intends to commence production and distribution of the product, the bulk of which is currently imported from the global market, in May 2024. Checks by Vanguard, weekend, indicated that the parties have been meeting and exchanging notes on the pricing,…
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Apr
09
2024
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By Abia ThinkTank
EFCC Recovers N30 Billion, Investigates 50 Bank Accounts In Probe Of Betta Edu

EFCC Recovers N30 Billion, Investigates 50 Bank Accounts In Probe Of Betta Edu

Crime, News Flash
EFCC Recovers N30 Billion, Investigates 50 Bank Accounts In Probe Of Betta Edu, Others The Economic and Financial Crimes Commission (EFCC) has made significant progress in its ongoing probe of the suspended Minister of Humanitarian Affairs and Poverty Alleviation, Betta Edu, and others involved in the National Social Investment Programme Authority (NSIPA). According to Ola Olukoyede, the executive chairman of EFCC, the agency has recovered N30 billion for the Federal Government and has placed 50 bank accounts under investigation in connection with the case. Edu and the former CEO of NSIPA, Halima Shehu, were suspended about three months ago by…
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Apr
09
2024
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By Abia ThinkTank
CBN Stops Use Of Foreign Currencies As Collateral For Naira Loan

CBN Stops Use Of Foreign Currencies As Collateral For Naira Loan

CBN/Commercial Banking, Economy, News Flash
CBN Stops Use Of Foreign Currencies As Collateral For Naira Loan The Central Bank of Nigeria has written to all banks in Nigeria to stop the use of foreign currencies as collateral for naira loans. It disclosed this in a circular uploaded to its website on Monday. The CBN however exempted from the ban Eurobonds issued by the Federal Government of Nigeria or Guarantees of foreign banks, including Standby Letters of Credit. Announcing the ban in a circular titled, “The Use of Foreign-Currency Denominated Collaterals for Naira Loans”, Director, Banking Supervision Department, CBN, Dr. Adetona Adedeji, said: “The Central Bank…
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Apr
09
2024
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By Abia ThinkTank
Obaseki Picks 38-Year-Old Engineer As His New Deputy

Obaseki Picks 38-Year-Old Engineer As His New Deputy

News Flash, Politics
Obaseki Picks 38-Year-Old Engineer As New Edo Deputy Governor Governor Godwin Obaseki has appointed Omobayo Marvellous Godwins, a 38-year-old Engineer, as his deputy. This follows the removal of Comrade Philip Shaibu as Edo Deputy Governor. The impeachment followed the adoption of the report of the seven-man investigative panel set up by the Assembly to probe allegations of misconduct against Shaibu The impeachment followed the adoption of the report of the seven-man investigative panel set up by the Assembly to probe allegations of misconduct against Shaibu.
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Apr
09
2024
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By Abia ThinkTank
Befitting Monument In Memorial For HRH Eze Marcus Wambu Ubani

Befitting Monument In Memorial For HRH Eze Marcus Wambu Ubani

Abia State, Culture, People & Events
HRH Eze Marcus WAMBU died many years ago when most of his children were very young & couldn't do much to celebrate him. He was the "1st class Chief for the whole of the then Umuahia Province, The Ezeoha 1 if Southern Ngwa & The Onyeisi of Ngwaland. A title conferred to him by the Entire Ukwa Ngwa. He was also a member of the Eastern House of Chiefs & subsequently he became a member of the House of Representative. The Children felt that we're now of age, & consequently the celebration in his honour. He was a renowned politician…
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Apr
08
2024
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By Abia ThinkTank
Things To Know About Monday’s Total Solar Eclipse

Things To Know About Monday’s Total Solar Eclipse

Columns/Opinions/Letters, Environment, Information Technology, News Flash, World News
Things To Know About Monday’s Total Solar Eclipse When a rare total solar eclipse sweeps across North America on Monday, scientists will be able to gather invaluable data on everything from the Sun’s atmosphere to strange animal behaviors — and even possible effects on humans. It comes with the Sun near the peak of its 11-year solar cycle, setting the stage for a breathtaking display: The corona will glow spectacularly from the Moon’s silhouette along the path of totality, a corridor stretching from Mexico to Canada via the United States. Total solar eclipses offer “incredible scientific opportunities,” NASA Deputy Administrator…
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