Business

Oct
21
2024
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By Abia ThinkTank
Amid Power Grid Collapse, Nigeria Supplies Togo, Benin 24-Hour Power – TCN CEO

Amid Power Grid Collapse, Nigeria Supplies Togo, Benin 24-Hour Power – TCN CEO

Business, FGN, News Flash, Power & Energy
Nigeria Supplies Togo, Benin 24-Hour Power Supply – TCN The Managing Director and CEO of the Transmission Company of Nigeria, Sule Abdulaziz, has disclosed that Nigeria supplies 24-hour electricity to neighbouring countries Togo and Benin, amid ongoing discussions in the country following a recent power grid collapse. “We supply Togo, Benin, and Niger. They get power from Nigeria on a 24-hour basis, and they are paying for it,” Abdulaziz stated during an appearance on Channels TV’s Politics Tonight program on Sunday. When asked why many Nigerians do not enjoy uninterrupted power, he responded, “Nigerians are getting 24-hour supply, but it’s…
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Oct
19
2024
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By Abia ThinkTank
Davido’s Father Opens Power Plant Worth N3.4 Trillion Capable Of Supplying Electricity To 15% Of Nigerian Homes

Davido’s Father Opens Power Plant Worth N3.4 Trillion Capable Of Supplying Electricity To 15% Of Nigerian Homes

Business, News Flash, Power & Energy
Davido's father, Mr. Adeleke Adedeji, has opened a power plant worth 3.4 trillion Naira, which will supply electricity to 15% of Nigerian homes Initially, Mr. Adeleke wanted Davido to go to school and study accounting so he will be there to manage his businesses in Nigeria, but Davido was more passionate about pursuing a career in music. With how wealthy Davido's father is, Davido could decide never to work in his entire life and he would never go broke, but he's still out here hustling like someone from a poor background. Davido should be your role model for hard work…
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Oct
12
2024
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By Abia ThinkTank
Allen Onyema, Air Peace CEO Indicted For Obstructing U.S Fraud Probe, Fresh Charges Filed

Allen Onyema, Air Peace CEO Indicted For Obstructing U.S Fraud Probe, Fresh Charges Filed

Business, Crime, News Flash
Onyema Air Peace CEO Indicted For Obstructing U.S. Fraud Probe, Fresh Charges Filed Allen Onyema, founder and CEO of Air Peace, a Nigerian airline, has been charged with obstruction of justice in a new indictment in the United States. He was accused of submitting false documents in an attempt to halt an investigation into earlier charges of bank fraud and money laundering. Ejiroghene Eghagha, the airline’s Chief of Administration and Finance, is also facing charges for his role in the obstruction and previous bank fraud schemes. According to U.S. Attorney Ryan K. Buchanan, Onyema allegedly used his airline as a…
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Oct
05
2024
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By Abia ThinkTank
FGN Names 63 Items Exempted From VAT Under New Fiscal Reforms By Tinubu(Full List)

FGN Names 63 Items Exempted From VAT Under New Fiscal Reforms By Tinubu(Full List)

Economy, Business, FGN, News Flash
63 Items Exempted From VAT Under New Fiscal Reforms By Tinubu (See Full List) The Federal Government has announced the exemption of 63 items from Value-Added Tax (VAT), as part of its latest fiscal reforms. This was revealed by the Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, via a post on X (formerly Twitter) on Friday. The exemptions are outlined in the official ‘Value Added Tax (Modification) Order, 2024,’ dated September 3, 2024. The announcement follows the recent introduction of fiscal concessions aimed at revitalising Nigeria’s oil and gas sector, as disclosed by the…
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