Business - Abia ThinkTank News

Jun

04

2024

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By Abia ThinkTank

Zenith Bank’s First Female GMD Assumes Office

Business, CBN/Commercial Banking, Economy, News Flash

𝐙𝐞𝐧𝐢𝐭𝐡 𝐁𝐚𝐧𝐤'𝐬 𝐅𝐢𝐫𝐬𝐭 𝐅𝐞𝐦𝐚𝐥𝐞 𝐆𝐌𝐃 𝐀𝐬𝐬𝐮𝐦𝐞𝐬 𝐎𝐟𝐟𝐢𝐜𝐞 The newly appointed Group Managing Director of Zenith Bank Plc, Dr. Adaora Umeoji, assumed duty at the bank's head office in Lagos on Monday. The company revealed this in a video shared on its Facebook page on Monday. The caption read, "Dame (Dr.) Adaora Umeoji OON, Group Managing Director / CEO, Zenith Bank Plc, arrives Zenith Bank Head Office in Lagos." PUNCH Online had earlier reported that the company's secretary, Michael Otu, disclosed in a statement that Umeoji's appointment was effective June 1. Umeoji takes over from the former GMD, Dr. Ebenezer Onyeagwu,…

Jun

01

2024

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By Abia ThinkTank

Erisco: Court Grants Tomato paste Reviewer, Chioma Okoli N5 Million Bail

Business, Judiciary, News Flash

ERISCO: Court Grants Tomato Paste Reviewer, Chioma Okoli N5Million Bail The Federal High Court sitting in Abuja, on Friday, granted bail to a lady, Chioma Okoli, who has been in detention since 2023 over her alleged negative review of a tomato paste. The court, in a ruling that was delivered by Justice Peter Lifu, granted the defendant bail to the tune of N5million with two sureties in the like sum. Justice Lifu held that one of the sureties must be the defendant’s spouse or blood relative with a verified source of income, stressing that the person must reside within the…

May

30

2024

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By Abia ThinkTank

President Uyo Chambers Of Commerce Cries Out: Igbos Have Taken Over A’Ibom Economy – By Nsikan Ikpe

Economy, Business, News Flash, South East

President Uyo Chambers of Commerce Cries Out:Igbos Have Taken Over A’Ibom Economy By Nsikan Ikpe The president of Uyo Chambers of Commerce, Industries, Mines and Agriculture, Obong Ukpong Dan Umoh has expressed concern over the dominance of the Akwa Ibom economy by the Igbos, saying it is time indigenous business people in the state woke up to face the risk involved in business. Ukpong Dan Umoh who was speaking exclusively to The Southern Details at the secretariat of the Uyo Chambers of Commerce, recently, said commerce in Akwa Ibom State is completely dependent on the Igbos. “If we don’t buy…

May

30

2024

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By Abia ThinkTank

ABIACENTRIC News Magazine Unveiled In Glamour

Abia State, Business, Columns/Opinions/Letters, News Flash, People & Events

At yesterday's public presentation of Abiacentric News Magazine, Abia Infrastructure Mandate dignitaries came out in their numbers to cheer the occasion. It was a resounding success to the Glory of God Almighty. Ambassador Osita Offor, who chaired the occasion, Mr Emenike Iroegbu, Engr. Chidiebere Okoh, Architect Eme Uche Onu, Dr. Engr Odo Ijere, Mr Raphael Ukpai, Lady Precious Uwaoma, Lady Uzoma Emezue, Engr Ogbonnaya Emeka Uma, Elder Lekwa Olugu Ezutah, Dr. Uduma Nnate, Elder Ukariwe Odo, Ukoha Njoku Ukoha, Omeiheuku Umuahia. The NUJ Chairman Abia State chapter with his members, and other journalists and civil society who graced the occasion.…

May

29

2024

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By Abia ThinkTank

Abiacentric News Magazine Ready To Be Unveiled This Morning @ Roots Restaurant

Abia State, Business, Columns/Opinions/Letters, News Flash

ATTENTION ! ATTENTION ! ABIACENTRIC NEWS MAGAZINE is just few hours to its launch. It is exotic, informative, educative, prosaic and will enrich our reading culture. Invited guests include : All members of Abia Infrastructure Mandate. Members of Abia North Project. Members of Arohafia Roundtable. Members of NUJ, Abia State Chapter. Media practitioners and outlets in and around Umuahia. Members of organized private sector and civil society groups in and around Umuahia. Come and join us at ROOTS RESTAURANT Umuahia on Wednesday, 29th of May by 10am. prompt. Come one, come all. Signed.Public Presentation Committee.

May

22

2024

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By Abia ThinkTank

Taraba State Deepens And Consolidates It’s Mineral Resources As A Linchpin Of Wealth Creation – By Chinyemike Torti.

Business, Economy, News Flash, Northern Nigeria

TARABA STATE DEEPENS AND CONSOLIDATES IT'S MINERAL RESOURCES AS A LINCHPIN OF WEALTH CREATION. By Chinyemike Torti. The cornucopia of mineral resources embedded in the bowels of Taraba State which include but not limited to Barytes, Bauxite, Graphite, Limestone, Gypsum, Kaolin, Felspar, Mica, Pyrite, Uranium, Gemstone in recent months has engaged the attention of Governor.Dr Agbu Kefas fervent and march to industrialize. Industry watchers are confident that with all the proactive investments in human capital development anchored on its comparative advantages, presents an opportunity for economic stimulation that will lead to remarkable economic growth. It must be stated with a…

May

16

2024

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By Abia ThinkTank

Gov Otti Says ABIA Will Partner With Unido In Industrial Development

Abia State, Business, News Flash

GOV OTTI SAYS ABIA TO PARTNER WITH UNIDO IN INDUSTRIAL DEVELOPMENT Abia State Governor, Dr. Alex Otti, OFR, says Abia would partner with the United Nations Industrial Development Organization (UNIDO) in the development and implementation of its industrial policy. Governor Otti, who stated this at a recent meeting with a delegation from UNIDO, hailed the organisation's vast experience in crucial sectors such as agriculture, renewable energy, SME support, and industrialisation policies, among others. The Governor underscored UNIDO's familiarity with the state's needs and potentials and noted that the collaborative effort between the state government and the organisation would drive industrial…

May

16

2024

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Cryptocurrency: American Brothers Arrested For Stealing $25 Million In 12 Seconds

Crime, Business, Foreign Affairs, News Flash

Cryptocurrency: American Brothers Arrested For Stealing $25 Million In 12 Seconds An indictment was unsealed today charging Anton Peraire-Bueno, 24, of Boston, and James Pepaire-Bueno, 28, of New York, with conspiracy to commit wire fraud, wire fraud, and conspiracy to commit money laundering. The charges in the indictment arise from an alleged novel scheme by the defendants to exploit the very integrity of the Ethereum blockchain to fraudulently obtain approximately $25 million worth of cryptocurrency within approximately 12 seconds. Anton Peraire-Bueno and James Peraire-Bueno were arrested yesterday in Boston and New York, respectively, and will be presented this afternoon before…

May

15

2024

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By Abia ThinkTank

Gov Otti Says ABIA Will Leverage Digital Technology To Grow Economy

Abia State, Business, Economy, Good Governance

GOV OTTI SAYS ABIA WILL LEVERAGE DIGITAL TECHNOLOGY TO GROW ECONOMY Abia State Governor, Dr. Alex Otti, OFR, says his administration is passionate about taking advantage of the opportunities provided by digital technology in managing the state's economy. Governor Otti stated this on Monday while addressing participants of Study Group 7, Senior Executive Course 46 of the National Institute for Policy and Strategic Studies, Kuru Jos, who are on study tour and fact-finding mission to Abia state. The Governor, who commended the participants for the choice of Abia for the tour, described the study theme: 'Digital Economy,Youth Empowerment and Sustainable…

May

13

2024

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Many Churches In Nigeria Are Set Up Just For Business Purposes – Catholic Bishop Laments

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

Many Churches In Nigeria Are Set Up Just For Business Purposes – Catholic Bishop Laments The Catholic Bishop of Yola, Stephen Mamza, has lamented the growing number of churches in the country set up as commercial ventures to make money for the owner(s). The cleric lamented that many people are going into ministry and setting up churches just to make money and live in affluence. Speaking on Sunday at St Augustine’s Catholic Church, Bekaji, Yola, where he presided over a Mass to mark this year’s World Communications Sunday of the Catholic Church, Bishop Mamza said many people just want to…