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Economy & Business (Page 28)

Electricity customers increase to 10.51m in 2021

2022-08-08
By: Gambo Jagindi
On: August 8, 2022
In: Economy & Business
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ShareBy Aluta News Aug 8, 2022 The National Bureau of Statistics (NBS), says the number of Electricity Distribution Companies (DisCos) customers in Nigeria increased from 10.37 million in 2020 to 10.51 million in 2021. This is according to the NBS Nigeria Electricity Report 2021 released in Abuja on Monday. TheContinue Reading

First bank reopens Abuja headquarters office

2022-08-08
By: Gambo Jagindi
On: August 8, 2022
In: Economy & Business
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ShareBy Aluta News Aug 8, 2022 First Bank Limited has reopened its headquarters (Coomassie House) located at the Central Business District, Abuja. The News Agency of Nigeria (NAN) recalls that the office was on Aug. 4, sealed by the FCT High Court Enforcement Unit over failure to comply with a garnisheeContinue Reading

NAFDAC encourages Kwara MSMEs through cluster facilities, online registration

2022-08-03
By: Gambo Jagindi
On: August 3, 2022
In: Economy & Business
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ShareBy Aluta News Aug 3, 2022 The National Agency for Food and  Drug Administration and Control (NAFDAC) says it encourages Micro Small and Medium Enterprises (MSMEs) in Kwara through cluster facilities and online registration. The NAFDAC Coordinator in Kwara, Mr Kenneth Azikwe, told the News Agency of Nigeria (NAN) onContinue Reading

Airtel awards first 5G contract in India to Ericsson

2022-08-03
By: Gambo Jagindi
On: August 3, 2022
In: Economy & Business
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ShareBy Aluta News Aug 3, 2022 India’s premier communications solutions provider, Bharti Airtel says it has awarded its first 5G contract in the country to Ericsson, a Swedish telecom gear giant. In a statement on Wednesday, Mr Gopal Vittal, Managing Director and Chief Executive Officer of Bharti Airtel said thatContinue Reading

Plateau farmers lose N18bn to potato blight, says commissioner

2022-08-02
By: Gambo Jagindi
On: August 2, 2022
In: Economy & Business
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ShareBy Aluta News Aug 2, 2022 Dr Hosea Finangwal, the Plateau State Commissioner for Agriculture says that farmers in the state lost potatoes worth N18 billion to potato blight disease. Finangwal disclosed this when delegates from the National Root Crops Research Institute; Umudike paid the ministry a courtesy visit onContinue Reading

Zamfara Chamber of Commerce to grant N5bn loan to members

2022-07-27
By: Gambo Jagindi
On: July 27, 2022
In: Economy & Business
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ShareBy Aluta News July 27, 2022 Zamfara State Chapter of the Chamber of Commerce, Industries, Mines and Agriculture is making arrangement to offer a N5 billion loan across its members in the state The President of the chapter, Alhaji Hamza Musa, made the disclosure in an interview with newsmen inContinue Reading

Firstmonie Agents hit 1bn transaction volume – Firstbank

2022-07-27
By: Gambo Jagindi
On: July 27, 2022
In: Economy & Business
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ShareBy Aluta News July 27, 2022 First Bank of Nigeria Ltd. says its agent banking network, Firstmonie Agents, has collectively processed transaction volume in excess of one billion, amounting to over N22 trillion. Mrs Folake Ani-Mumuney, Group Head, Marketing and Corporate Communications, said this in a statement on Wednesday inContinue Reading

NEPZA attracts $1bn investment to Niger State

2022-07-16
By: Gambo Jagindi
On: July 16, 2022
In: Economy & Business
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ShareBy Aluta News July 16, 2022 The Nigeria Export Processing Zones Authority (NEPZA) says it has attracted one billion dollars investment in Niger. A statement on Saturday in Abuja by NEPZA’s Head of Corporate Communications, Mr Martins Odeh, said the authority remained resolute on its mandate as a key playerContinue Reading

Businesses dying over high cost of diesel, says NCCIMA

2022-07-15
By: Gambo Jagindi
On: July 15, 2022
In: Economy & Business
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ShareBy Aluta News July 15, 2022 The Nsukka Chamber of Commerce, Industries, Mines and Agriculture (NCCIMA) says agriculture businesses in the area are dying over high cost of diesel. The Director-General of the chamber, Mr Dan Ochi, disclosed this on Friday in an interview with the News Agency of NigeriaContinue Reading

Bakers in Ebonyi to withdraw services from July 13

2022-07-09
By: Gambo Jagindi
On: July 9, 2022
In: Economy & Business
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ShareBy Aluta News July 9, 2022 The Association of Master Bakers and Caterers of Nigeria (AMBCN), Ebonyi Chapter, says it will withdraw its services in the state from July 13 as directed by its national body. Mr Felix Eze, Chairman of the association in Ebonyi disclosed this on Saturday inContinue Reading

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