The Anambra State Government has directed the immediate suspension of economic and other activities at Otuocha company market following the escalation of…
BUSINESS
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BUSINESSFEATUREDNEWS
Concerned Igbo Group Raises Alarm Over Gas Infrastructure, Port Development
by Alien Mediaby Alien MediaBy Tony Adibe The Concerned Igbo Peoples Assembly (CIPA) has raised concerns over what it regarded as the purported economic marginalisation and…
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BUSINESSFEATUREDOPINION
Nigeria’s Energy Sector, Geregu Power And Bandit Capitalism
by Alien Mediaby Alien MediaBy Chidi Anselm Odinkalu In 2005, Nigeria enacted the Electric Power Sector Reform Act to “establish the legal framework for the formation…
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BUSINESSFEATUREDNEWS
Access Bank Asks Court To Recover N1.3billion Stolen By Yahoo Boys
by Alien Mediaby Alien MediaFunds Stolen From Customers’ Access Bank Plc has approached the Federal High Court in Lagos seeking to recover ₦1.34 billion allegedly siphoned…
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BUSINESSFEATUREDNEWS
AMCON Seeks Stronger Legislative Backing To Recover Bad Debts, Says Outstanding EBAs Valued At Over ₦1trillion
by Alien Mediaby Alien MediaL-R: Executive Director, Asset Management Corporation of Nigeria (AMCON), Dr Aminu Mukhtar Dan’amu; the Deputy Chairman, House of Representatives Committee on Banking…
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BUSINESSFEATUREDNEWS
We’re Committed To Professionalism, Integrity, Innovation – MD, MainPower, DR. Mupwaya
by Alien Mediaby Alien MediaBy Tony Adibe The Managing Director of MainPower Electricity Distribution Limited (MEDL), Dr. Ernest Mupwaya, has remained committed to professionalism, integrity, innovation,…
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BUSINESSFEATUREDNEWS
AMCON Positions NTEL For Strategic Growth As Divestment Process Begins
by Alien Mediaby Alien MediaR-L: Company Secretary, Asset Management Corporation of Nigeria (AMCON), Mrs Oyinlola Adebayo; Executive Director, Asset Management Directorate, Dr Aminu Mukhtar Dan’amu; Managing…
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BUSINESSFEATUREDNEWS
MainPower Restores Power Supply To Parts Of Enugu In Darkness
by Alien Mediaby Alien MediaBy Tony Adibe MainPower Electricity Distribution Limited (MEDL) has restored power supply to parts of Enugu metropolis, which witnessed darkness. NewsBits recalls…
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Nigerian National Petroleum Company Limited, NNPCL, has again responded to the rising price of crude oil in the international market. Findings showed…
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BUSINESSFEATUREDNEWS
Senate Screens Lamido Yuguda Abubakar As New AMCON Board Chairman
by Alien Mediaby Alien MediaMr Lamido Yuguda Abubakar, the new Chairman of the Board of Directors, Asset Management Corporation of Nigeria (AMCON), second right, with the…