After 55 years of producing Quaker Oats products in Danville, Illinois, a company plant is closing, triggering layoffs for 510 employees. The City of Danville announced that PepsiCo will be officially closing the plant on June 8, 2024, though production has already ceased. This
Abia State Government says it is willing to collaborate with the Infrastructure Corporation of Nigeria (InfraCorp) in some critical areas of the state’s economy, including agriculture and power. State Governor, Dr. Alex Otti, OFR, stated this at a meeting with the Managing Director/Chief
Nonchalant about the Epileptic Power supply Amid economic crunch, the Nigerian Electricity Regulatory Commission (NERC) has approved the increase of electricity tariff for customers under the Band A classification. At a press briefing in Abuja on Wednesday, NERC’s Vice Chairman, Musliu Oseni, said
The Senate has resolved to debit the accounts of commercial banks that guaranteed loans to beneficiaries of the Anchor Borrowers Programme of the Central Bank of Nigeria. The Senate vowed to carry out the process through the Central Bank of Nigeria. The Senate
It is certainly not the best of times for Nigeria with the sweeping erosion of every economic foundations both within the country and offshore. While the country has been facing extreme uncertainty in its currency at per with other foreign currencies, the latest
– Calls for aggressive investment in agriculture, security, SMEs Chuks Okocha and Sunday Ehigiator, ThisDay The presidential candidate of Labour Party (LP) in the 2023 election, Peter Obi has described Ukraine’s donation of 25,000 tons of wheat to Nigeria as a “national disgrace,”
The Anambra State Commissioner of Police, Aderemi Adeoye has visited the commercial city of Onitsha to assess the security deployment following the formal end of the Monday sit at home there. Onitsha has been observing the sit at home since it was declared
The Central Bank of Nigeria (CBN) has revoked the operational licences of 4,173 Bureaux De Change operators in the country. The bank disclosed this Friday through a statement signed by the acting Director, Corporate Communication, Sidi Hakama. The bank said the affected institutions failed to
Nigerian authorities are reportedly seeking $10 billion in penalties from the global cryptocurrency exchange platform Binance, alleging the country has incurred massive losses due to the platform’s activities. The Nigerian government detained two Binance Holdings Ltd. executives, days after the central bank governor
Senator Orji Uzor Kalu, Senator representing Abia North at Upper House of the National Assembly has defended his constituents, Mr Urum Kalu Eke, who rejected President Bola Ahmed Tinubu’s appointment as a Director on the Board of Directors of the Central Bank of
By Ifeanyi Onyekachi Cursory look at the title of this write up, particularly by those
Abia State Government says there is no truth in a recently circulating video on social
The crisis rocking the All Progressives Congress (APC) in Kano State has taken a new
The Economic and Financial Crimes Commission (EFCC) has detained All Progressives Congress (APC) governorship aspirant