Business - Abia ThinkTank News

Feb

2026

BemsSoft Revenue Super-Agents: Electrifying The Abia Revenue Space, Strengthening The Frontlines For Effective Delivery

ELECTRIFYING THE REVENUE SPACE: STRENGTHENING THE FRONTLINE FOR GREATER PERFORMANCEAbia State’s revenue operations have delivered consistent progress through SmartAirs, an enterprise revenue system developed by BemsSoft Hub Ltd. This article highlights how existing efforts are now being deliberately strengthened and scaled by further investing in the frontline operating layer that drives results.Drawing from several years working in public revenue transformation—combined with over 25 years of building technology platforms, SaaS systems, and scalable business operations—one practical insight stands out: technology does not fix revenue systems on its own. Sustainable performance is achieved when platforms are paired with disciplined frontline execution.In public…

Feb

2026

0 Comments

By Abia ThinkTank

Port Harcourt Refinery Ready To Resume Operations- PENGASSAN

Business, Economy, News Flash, Oil & Gas

Port Harcourt Refinery Ready To Resume Operations — PENGASSAN The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has said the old Port Harcourt Refinery has been rehabilitated to about 90 per cent and could resume operations within one week if the Nigerian National Petroleum Company Limited (NNPC Ltd) approves its restart. The PENGASSAN President, Mr Festus Osifo, disclosed this on Tuesday while speaking on Channels Television’s The Morning Brief. His remarks come amid renewed debate over the future of Nigeria’s state-owned refineries, following comments by NNPC Ltd’s Group Chief Executive Officer, Bayo Ojulari, who described the reopening…

Feb

2026

0 Comments

By Abia ThinkTank

Dangote Refinery Slashes Petrol Price To N774 Per Litre

Business, News Flash, Oil & Gas

Dangote Refinery Slashes Petrol Price To N774 Per Litre Dangote Petroleum Refinery has reduced its Premium Motor Spirit gantry price by N25 per litre, lowering its ex-depot rate from N799 to N774 per litre in what industry analysts describe as a strategic price recalibration amid evolving market dynamics in 2026. The refinery communicated the price adjustment to marketers on Tuesday, noting that the new rate takes immediate effect. In a notice issued by its Group Commercial Operations Department, Dangote Petroleum Refinery and Petrochemicals FZE stated, “This is to notify you of a change in our PMS gantry price from N799…

Feb

2026

0 Comments

By Abia ThinkTank

CAC To Register 3,500 Small Businesses For Free Nationwide

Business, FGN, News Flash

CAC To Register 3,500 Small Businesses For Free Nationwide The Corporate Affairs Commission has announced free business name registration for 3,500 small businesses across Nigeria’s 36 states and the Federal Capital Territory (FCT). The Registrar-General of the Commission, Hussaini Magaji, disclosed this in a post on the commission’s X handle on Monday. According to Magaji, the initiative is aimed at reducing the cost of business formalisation for micro and small enterprises and encouraging more entrepreneurs to operate within the formal economy. He said the move reflects the commission’s commitment to promoting entrepreneurship, lowering start-up costs, and supporting inclusive economic growth…

Feb

2026

0 Comments

By Abia ThinkTank

2,000 Stranded Trucks Roll Out As Nigeria Reopens Benin, Niger Boarders

Business, Economy, News Flash

2,000 Stranded Trucks Roll Out As Nigeria Reopens Benin, Niger Borders No fewer than 2,000 trucks earlier stranded at Nigeria’s borders with Benin and Niger Republics have begun movement following the reopening of the Kamba and Tsamiya border posts in Kebbi. The News Agency of Nigeria (NAN) reports that the reopening is in line with the directive by President Bola Ahmed Tinubu. The Kebbi Area Controller of the Nigeria Customs Service (NCS), Mahmoud Matawalle-Ibrahim, officially opened the borders to trucks from Benin and Niger on Monday in Kamba, Dandi Local Government Area of the state. He said, “The reopening of…

Feb

2026

0 Comments

By Abia ThinkTank

CAC Wipes Out 400,000 Firms As It Cleans Up Company Register

Business, FGN, News Flash

CAC Wipes Out 400,000 Firms As It Cleans Up Company Register The Corporate Affairs Commission (CAC) has deregistered over 400,000 companies in 2025 over prolonged inactivity and failure to meet statutory requirements, in a move to sanitise the country’s corporate register. Registrar-General of the commission, Mr Hussaini Magaji, who disclosed this during activities marking the CAC’s 35th anniversary in Abuja at the weekend, said the exercise was aimed at strengthening confidence in the country’s corporate regulatory framework. Magaji said the mass deregistration became necessary to weed out inactive and non-compliant entities and protect the integrity of the commission’s database. “In…

Feb

2026

0 Comments

By Abia ThinkTank

Aba Commercial Smart City (ACSC) MoU Signing: Governor Otti Set To Redefine Abia’s Economic Future

Abia State, Business, Columns/Opinions/Letters, Good Governance

Aba Commercial Smart City (ACSC) MoU Signing: Gov. Otii Set to Redefine Abia’s Economic Future, For decades, Aba has stood as the commercial engine of the Southeast—an industrial city powered by indigenous ingenuity, craftsmanship, and trade. From leatherworks and garments to metal fabrication and wholesale commerce, Aba’s entrepreneurial energy has remained resilient despite years of infrastructural neglect. Today, that resilience is being deliberately matched with planning, technology, and investment through the proposed Aba Commercial Smart City, strategically located at Arongwa in Aba–Osisioma Local Government Area. Conceived as one of the flagship economic legacy projects of Governor Alex Chioma Otti, OFR,…

Jan

2026

0 Comments

By Abia ThinkTank

Amb. Osita Offor Commends Masters Energy Group Chairman, Dr. Uche Ogah For Transforming Onuaku Uturu Into A Manufacturing Hub In Abia State

Abia North, Abia State, Business, Personality

Amb.Osita Offor Commends Masters Energy Group Chairman, Dr. Uche Ogah for Transforming Onuoka Uturu into a Manufacturing Hub in Abia State Ambassador Dr. Osita Offor – De Ultimate Commander (Ikenga Gburugburu) has once again demonstrated his unwavering support for indigenous industrial growth as he paid a strategic facility visit to Masters Energy Group of Companies, a world-class manufacturing conglomerate owned by the oil magnate, renowned industrialist extraordinaire, and globally recognized philanthropist, Dr. Uche Sampson Ogah CON, at Onuoka Uturu, Isuikwuato Local Government Area of Abia State. During the visit, the Ambassador commended Dr. Ogah for his bold vision and exceptional…

Jan

2026

0 Comments

By Abia ThinkTank

FGN To Integrate Islamic Finance Standards Into Nigeria’s Reporting System

Business, Economy, FGN, News Flash

FG To Integrate Islamic Finance Standards Into Nigeria’s Reporting System The Federal Government has initiated steps to integrate Islamic finance accounting and auditing standards into Nigeria’s financial reporting system, as part of efforts to enhance transparency, deepen financial inclusion,, and position the country as a leading hub for non-interest finance in Africa. The initiative was unveiled by the Financial Reporting Council of Nigeria at a stakeholders’ engagement on the integration of Islamic finance standards into the Nigerian Financial Reporting Framework, held at the Abuja Continental Hotel on Wednesday in Abuja. Attnews reports that the Accounting and Auditing Organisation for Islamic…

Dec

2025

0 Comments

By Abia ThinkTank

Why Are Investors “Scared” Of The New Abia? The Facts Say Many Are Not “Scared” – They Are Doing Due Diligence – By Prof Chukwuemeka Ifegwu Eke

Abia State, Business, Columns/Opinions/Letters, Good Governance

WHY ARE INVESTORS “SCARED” OF THE NEW ABIA? THE FACTS SAY MANY ARE NOT “SCARED” — THEY ARE DOING DUE DILIGENCE The claim that “serious investors are scared of Abia” sounds dramatic, but it collapses under one basic test: investors don’t make location decisions from skits, hashtags, or abuse threads. They make decisions from governance signals—policy stability, infrastructure trajectory, land and tax administration, dispute-resolution credibility, and whether project sites are visible enough to verify. That is exactly why the loudest online verdicts about “nothing on ground” are not proof of failure; they are, more often, proof of weak civic verification…