Business

Yuletide: Akpabio Presents Fishing Boats To Eket Senatorial District Women

As part of his constituency project, the President of the Senate, Godswill Akpabio on Boxing Day presented 10 outboard engine fishing boats to women and cooperative groups of Akwa Ibom South Senatorial District in his country home in Ukana, Essien…

Champion Breweries hit record-setting N2.3 billion net income in H1 2025

  Dennis Udoma Champion Breweries hit a remarkable N2.3 billion net income for H1 2025. According to Businessday David Olujinmi, this marks an impressive 692 percent year-on-year growth, rebounding from a N386 million loss in the same period of 2024….

EFCC arraigns bank executives over $12m fraud

The Economic and Financial Crimes Commission has arraigned the Managing Director and Chief Executive Officer of SunTrust Bank Ltd, Halima Buba, and the Executive Director and Chief Compliance Officer, Innocent Mbagwu, before the Federal High Court in Abuja. They face…

Gov Eno Approves accommodation for SEPLAT Office in Udom Emmanuel Towers …Set to Host the Gas Aggregator Conference in July

In a major move aimed at strengthening the oil and gas sector and attracting strategic investments, Akwa Ibom State Governor, Pastor Umo Eno, has approved office accommodation for the establishment of a SEPLAT Energy office at the Udom Emmanuel Towers…

Gov. Otu Receives Cross River’s 7-Year Strategic Cocoa, Coffee, Oil Palm Development Roadmap

Cross River State Governor, Senator Bassey Edet Otu, has received a comprehensive 7-year Strategic Development Plan for Cocoa, Oil Palm, and Coffee, aimed at establishing the state as a global hub for sustainable and traceable agro-production. The plan, developed by…

Police deny arrest of social media influencer in A’Ibom

The Akwa Ibom State Police Command has denied detaining Blossom Williams, a social media influencer and mother of three. According to the command’s Public Relations Officer, DSP Timfon John, “We are not aware of such detention for now.” This statement…

CBN launches diaspora BVN platform

The Central Bank of Nigeria, in collaboration with the Nigeria Inter-Bank Settlement System, has launched the Non-Resident Bank Verification Number platform, a significant initiative aimed at enhancing financial access for Nigerians in the diaspora. The platform enables Nigerians abroad to…

Ekpo Lauds EATECH’s Innovative Approach to Gas Pipeline Management

Minister of State Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo, has lauded Engineering Automation Technology Limited (EATECH) for its groundbreaking investments in research and development, leading to innovative solutions for gas pipeline infrastructure management in Nigeria. During a recent visit…

CAC Gives 6-Week Deadline For Registration Of Unregistered Businesses In Nigeria, Warns Of Jail

The Corporate Affairs Commission (CAC) has warned businesses operating in Nigeria without proper registration to comply within six weeks or face legal consequences. The Commission emphasized that carrying on business without registration under the Companies and Allied Matters Act (CAMA)…