Business - Abia ThinkTank News

Apr

23

2024

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By Abia ThinkTank

US Embassy In Nigeria Hosted Georgetown University Business School USA At The Ikoyi Residence Of The Consulate

Business, Foreign Affairs, Lagos, News Flash

Georgetown University Business School USA Team was Hosted by US Embassy in Nigeria at the Ikoyi Residence of the Consulate General The delegation was accompanied by reputable, distinguished, and most powerful Nigerians. In attendance includes: Engr. Tein Jack-Rich CON, Amb. Dr. Osita Offor - Ultimate Commander, Media Executive, Efe Omorogbe, Olisa Adibua, Executives of MTV Based, Executives of Chocolate City, Executive Director Multichoice, Prince Felix Awogu among others. The Georgetown University Business School, USA delegation, Mr. Omar Wilson and Ms. Mika Rhabb was introduced to make their presentation of the life-changing project to the US Embassy officials in Lagos. The…

Apr

11

2024

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By Abia ThinkTank

Jnr Pope: AGN Suspends Acting Involving Riverine Area And Boat Riding, Bars Actors From Featuring In Any Movie To Be Produced By Adanma Luke

Business, Entertainment, Mishap, News Flash

Breaking News: Junior Pope: AGN Suspends Acting Involving Riverine Area And Boat Riding, Bars Actors From Featuring In Any Movie To Be Produced By Adanma Luke Adanma is the producer of the movie that actor Junior Pope was featured in before his untimely ∂εατh. Late Jnr Pope and four other crew members were riding in a boat leaving the movie location when they were involved in an accident on Wednesday, April 10. Ijeuwa

Apr

09

2024

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By Abia ThinkTank

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,…

Apr

08

2024

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By Abia ThinkTank

Air Peace Aircraft Named Ojochide, Reflects Cultural Harmony – Mgt

Business, Columns/Opinions/Letters, News Flash, Transportation

✈️🛫🛬🛩️AIR PEACE AIRCRAFT NAMED OJOCHIDE! REFLECTS CULTURAL HARMONY Airpeace, a renowned Nigerian airline🌍, named some of its aircraft "Ojochide." The word "Ojochide" is derived from the Igala language, spoken by the Igala people of Kogi State, Nigeria. In Igala, "Ojochide" means "God is my guardian or protector." The CEO of Airpeace, Chief Allen, hails from Anambra State, while his wife Alice Ojochida Onyema is from the Igala community in Kogi State. Their union symbolizes the coming together of different cultures and backgrounds. Copied ✍️✍️✍️✍️

Apr

05

2024

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By Abia ThinkTank

Gov Otti Assures Original Shop Owners Of The Remodeled Ariaria Market Of First Right Of Refusal

Business, Columns/Opinions/Letters, Economy, News Flash

Governor Alex Otti has directed that original shop owners of the remodeled A-line of Ariaria International Market, should be given the first right of refusal in the remodeled market. The Governor said he got complaints from some of the original shop owners that the contractor was trying to sell their shops to money bags. Gov. Otti who spoke with newsmen in Umuahia said he would not allow the original shop owners at the market to be shortchanged for any reason. He said that he was told there were about 4000 shops originally but there would be additional 1000 shops after…

Apr

04

2024

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By Abia ThinkTank

Court Adjourns Binance Tax Evasion Case To April 19

Crime, Business, CBN/Commercial Banking, Economy, Judiciary

Court Adjourns Binance Tax Evasion Case Till April 19 A Federal High Court in Abuja has adjourned the tax evasion case involving Binance Holdings Limited and its executives. The Federal Inland Revenue Service had dragged the firm to court for tax evasion. Also joined in the suit are officials of the company, Tigran Gambaryan, and fleeing Nadeem Anjarwalla. In the suit marked: FHC/ABJ/CR/115/2024, Binance was accused of failing to register with the FIRS for the purpose of paying all relevant taxes administered by the service. The FIRS also alleged that while it was offering taxable services to subscribers on its…

Apr

04

2024

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By Abia ThinkTank

Edo Refinery Received 15,000 Barrels Of Crude From Oza Oil

Business, Economy, News Flash, Oil & Gas

Edo Refinery Receives 15,000 Barrels Of Crude From Oza Oil The Edo Refinery has received a total of 15,000 barrels of crude oil in 2024 for production from the Oza Oil Field operated by Decklar Resources Inc. and Millenium Oil and Gas Company Limited. The Chief Executive Officer of Decklar Resources, Sanmi Famuyide, who disclosed this in a statement on Wednesday, noted that the company has continued ongoing crude oil injection volumes into the Trans Niger Pipeline for transport to and export from the Bonny Export Terminal. The refinery was developed by the Edo Refinery and Petrochemical Company Limited and…

Apr

03

2024

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By Abia ThinkTank

Air Peace: The Most Beautiful Cabin Crew In The World Today

Business, Columns/Opinions/Letters

The most beautiful cabin crew in the world right now. ❤️❤️ Made possible by Air peace . The best airline outta Nigeria . Isi Agu is a known and powerful attire from the IGBO ethnic group in Nigeria. A powerful Attire that means boldness as igbos are known for their bold steps in the business world. Congratulations to Allen onyema and air peace.

Mar

29

2024

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By Abia ThinkTank

CBN Raises Commercial Banks Capital Base To N500 Billion

CBN/Commercial Banking, Business, Economy, News Flash

CBN Raises Commercial Banks Capital Base To N500 Billion The Central Bank of Nigeria has announced the increment of the capital base for commercial banks with international authorisation to N500bn and national banks to N200bn. The apex bank announced this in a statement signed by its Acting Director, Corporate Communications, Sidi Ali, in Abuja on Thursday. The CBN’s move mandates substantial increases in the minimum capital base for banks, varying by the scope of their operations. The latest policy directive specifies that commercial banks with international authorisation are now required to shore up their capital base to N500bn. She added…

Mar

29

2024

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By Abia ThinkTank

Abia House Of Assembly Sent Delegates To Innoson CEO At Nnewi…

Business, Economy, Good Governance, House Of Assembly, News Flash

Yesterday, I led a delegation from the Abia State House of Assembly and some members of Labour Party who are in Nnewi for Labour Party Convention to Chief Innocent Chukwuma, the CEO of Innoson Vehicles , at his residence in Nnewi, Anambra State. Our discussions centered on the ongoing manufacturing of special brand official vehicles for the 24 House of Assembly members of Abia State. We received assurances that these 24 official vehicles would be delivered to us by April 2024. The present Abia State Government remains committed to patronizing locally made products to stimulate the growth of the Naira.…