Business & Economy

Eno Commissions Signature Bank Branch In Uyo, Assures Investors Of Stable Business Climate

adminOctober 7, 2026

Akwa Ibom State Governor, Pastor Umo Eno, has assured Signature Bank and other investors of a stable and business-friendly environment in the state, saying his administration will continue to strengthen infrastructure and policies that support private sector growth. Eno gave the assurance on Tuesday while commissioning the Uyo branch of Signature Bank, describing the establishment...

Shettima Defends Tinubu’s Reforms, Says Nigeria Was Near Economic Collapse

adminOctober 6, 2026

Vice-President Kashim Shettima has acknowledged the economic hardship confronting Nigerians but defended the Tinubu administration’s major reforms, saying the government was compelled to take difficult decisions to prevent a deeper economic crisis. Shettima specifically cited the removal of petrol subsidy and the unification of multiple exchange rates as measures he said were necessary when President...

Atiku Urges Tinubu to Follow Germany’s Fuel Relief Plan Amid Cost-of-Living Crisis

adminOctober 3, 2026

Former Vice-President and African Democratic Congress (ADC) presidential candidate, Atiku Abubakar, has called on President Bola Tinubu to introduce measures that would reduce the pressure of fuel costs on Nigerian households. Atiku made the call in a statement issued by Phrank Shaibu, his campaign’s Director of Strategic Communication, in which he criticised the Federal Government’s...

NNPC Offers App Users ₦66 Off Fuel Purchases Nationwide

adminOctober 2, 2026

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has opened a seven-day window for motorists and other customers to enjoy a ₦66 discount on fuel purchases made through its NNPC Fuel App at its stations across the country. The promotion, which commenced on October 1, is scheduled to end on October 7, giving customers a...

FG Moves To Modernise Address System With New Digital Postcodes

adminOctober 1, 2026

The Federal Government has launched a National Digital Alphanumeric Postcode System designed to improve how Nigerians and businesses identify, access and connect to opportunities and services across the country. The initiative, launched by the Nigerian Postal Service (NIPOST), is expected to provide individuals, businesses, government agencies and service providers with a more reliable digital means...

Eno Flags Off Ikot Ekpene International Market, Targets Regional Trade Expansion

adminOctober 1, 2026

The Ikot Ekpene International Market is expected to expand trade, create jobs and draw businesses and customers from neighbouring states and beyond. Akwa Ibom State Governor, Pastor Umo Eno made the disclosure in Ikot Ekpene on Wednesday during the foundation laying ceremony for the project. The project, which also includes the unveiling of its design,...

Tinubu: Nigeria Enters New Era Of Prosperity After Economic Reforms

adminOctober 1, 2026

Idongesit Mishael, Uyo President Bola Ahmed Tinubu has declared that Nigeria has moved beyond the emergency phase of his administration’s economic reforms and entered a new phase focused on production, job creation, lower living costs and broadly shared prosperity. Tinubu made the declaration on Thursday in his Independence Day address to Nigerians, saying the government’s...

A’Ibom Sets ₦7.36bn Aside for 73,800 Women Through Ward Cooperatives

adminSeptember 28, 2026

Idara Jerome, Uyo About 73,800 women across Akwa Ibom’s 369 wards are targeted to receive ₦100,000 each under a state-backed cooperative scheme designed to give grassroots women access to finance without relying on informal lenders. The Special Adviser to the Governor on Bureau of Cooperatives and Rural Development, Mrs Alice Ekpenyong, disclosed this on Monday...

Energy Expert Accuses Dangote Refinery Of Dominating Nigeria’s Petrol Pricing

adminSeptember 28, 2026

An energy economist, Prof. Izielen Agbon, has raised fresh concerns over competition in Nigeria’s downstream petroleum market, alleging that the Dangote Refinery has gained enough market influence to shape the price of petrol sold across the country. According to Sahara Reporters, Agbon made the allegation during a webinar and public discussion organised by the Alliance...

Oil Rises Above $106 As Trump Turns Down Iran Truce Proposal

adminSeptember 28, 2026

Crude oil prices climbed sharply on Monday after US President Donald Trump rejected Iran’s latest proposal for a seven-day truce, renewing concerns over prolonged disruption to energy supplies and fuelling fresh inflation worries. Iran had proposed reopening the strategically important Strait of Hormuz within a week as part of efforts to halt hostilities and resume...

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