Business Hilights

Tracking Nigeria's Headline Business News Online

Akwa Ibom State

With Akpabio, APC has gotten their ‘soup’ completely sour in Akwa Ibom— Victor Attah

…Says Senator Akpabio’s defection can’t make any difference Former governor of Akwa Ibom State, Obong Victor Attah has taken a swipe on the recent ‘Uncommon defection’ of Senator Godswill Akpabio, saying his leaving the Peoples Democratic Party (PDP) for the…

Akwa Ibom-Sustainable Development in Nigeria’s Prime Investment Destination

(Sponsored) By Udeme Etukeyen Seen from afar, Nigeria is one large African nation and the continent’s most robust economy, but within the powerhouse that Nigeria represents there are several engines that drive the economy. Best known is Lagos State, which…

ExxonMobil approves CSR deal to raise social investments with N13b in A’Ibom

Host communities in Akwa Ibom State are set to enjoy massive social investments totaling N13 billion (US$43 million) in health, economic empowerment and education projects from oil giant, Mobil Producing Nigeria Unlimited in the next 18 months. It would be…

NITRA Ekuwen
ICT

Teledom Group boss, Ekuwem, takes oath of office as Akwa Ibom SSG

Leading telecom investor and ICT industry stakeholder, Dr. Emmanuel Ekuwem on Tuesday, January 16, 2018, took oath of Office as the substantive Secretary to State Government (SSG) of Akwa Ibom State. The state’s Commissioner for Information and Strategy, Mr. Charles…

Baru reveals how he convinced refinery investors to site in A’Ibom

Fresh details have emerged on why a new set of investors in oil refinery changed their mind to locate the plant in Akwa Ibom State. Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, on Thursday said…

Akwa Ibom State govt may initiate legal action on Total over N25bn tax evasion

Indication emerged on Tuesday that barring any last minute change of strategy, the Akwa Ibom State government may begin class action against oil multinational, Total E&P Nigeria Limited in an effort to recover about N25bn. The fund is said to…

Akwa Ibom flags off construction of coconut refinery to produce oil

Governor, Udom Emmanuel of Akwa Ibom State has begun the construction of a coconut oil refinery to produce industrial concentrates used in several manufacturing activities. Analysts say the oil has high level industrial and it remains one of the key…