Category: Business & Finance

Anambra Debt: Obi challenges Soludo Over Alleged $123.77m Debt Inherited In 2014

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  Former Anambra State governor, Peter Obi, has challenged the state government to explain how it arrived at the figure of $123.77 million allegedly left as debt by his administration when he handed over power in March 2014. Obi, in a statement in his verified X, handle, said the figure was a combination of different categories of multilateral development financing and should not be described wholesale as “loans left by Peter Obi.” He said he had remained silent over the issue in recent days because he was mourning the death…

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Okhimamhe Reveals How Delta Microfinance Banks Was Debt-Free, United Under His Tenure

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 The immediate past Chairman of the Delta State Chapter of the National Association of Microfinance Banks, NAMB, Mr Patrick Okhimamhe, has said his administration left the association united, financially accountable and without liabilities after two years in office. Okhimamhe, who is the Managing Director of Revelation Microfinance Bank, Delta State, stated this at the 2026 Annual General Meeting (AGM) and election of new executives of the association in Delta State. Speaking on his stewardship at the end of the tenure, Okhimamhe said the administration’s major achievements included restoring unity among…

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NCDMB Reaffirms Commitment To Intellectual, Human Capacity Development

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By Julius Agadaga, Yenagoa   The Nigerian Content Development and Monitoring Board (NCDMB) has pledged to sustain investment in human and intellectual capacity development as part of efforts to grow Nigerian participation in the oil and gas sector.   The pledge was made at the 5th edition of its Book Reading Programme held at the Nigerian Content Tower, Yenagoa, Bayelsa State.   The edition featured a review of The Pain and the Promise: Insights and Fragments on Nigeria and People, Public and Personal, authored by journalist and public policy analyst,…

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Oborevwori Distributes 50 Fishing Boats, Engines to Fishermen In 3 Warri LGAs

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  Delta State Governor, Rt. Hon. Sheriff Oborevwori, has distributed 50 fishing boats equipped with 15-horsepower Yamaha outboard engines and fishing nets to fishermen across Warri North, Warri South and Warri South-West Local Government Areas of the state. The intervention, according to the governor, is aimed at boosting fishing activities, improving the income of riverine dwellers and strengthening food security in the affected communities. The boats and other fishing equipment were commissioned and handed over to beneficiaries at Koko, headquarters of Warri North Local Government Area, on Monday. Represented at…

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URHOBO’S ₦100BN GAS PARK: The Qestions Omo-Agege Must Answer

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By Ufuoma Egbe     There comes a point when political leaders must stop issuing evasive explanations and answer the difficult questions. For Senator Ovie Omo-Agege, that point is now. The controversy surrounding the proposed ₦100 billion Industrial Gas Park raises a fundamental question: was the project located based on technical and economic considerations, or on political interests to concentrate development around his community? That question goes to the heart of the crisis confronting the Urhobo Nation today. If the project is now stalled or at risk because the wrong…

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Bayelsa Govt: Siasia Stadium Work Ongoing, We’re Not Waiting For FG

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By Julius Agadaga, Yenagoa   The Bayelsa State Government has dismissed reports that construction work on the Samson Siasia Stadium in Yenagoa has stalled because the state is awaiting funding from the Federal Government.   The state government described the report as false and misleading, insisting that work on the stadium, which it said was being developed to FIFA standards, was ongoing.   The Commissioner for Information, Orientation and Strategy, Mrs Ebiuwou Koku-Obiyai, stated this on Friday while briefing journalists during the June and July 2026 Transparency Briefing in Yenagoa.…

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Warri Kingdom Ends 10-Day Celebration Of Atuwatse III’s 5th Coronation Anniversary In Thanksgiving

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The Warri Kingdom has concluded a 10-day celebration marking the fifth coronation anniversary of His Majesty, Ogiame Atuwatse III, CFR, the Olu of Warri, with a thanksgiving ceremony attended by sons and daughters of Iwere, guests and friends of the kingdom. The thanksgiving, which brought the anniversary festivities to a close, offered an opportunity for the people to reflect on the five-year reign of the monarch and express gratitude to God for what they described as blessings, progress, unity and a renewed sense of purpose in the kingdom. The anniversary…

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Tantita’s Pipeline Protection Boosts Nigeria’s Oil Revenue, Employs Over 60,000 Niger Delta Youths— Bebenimibo

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By David Lawani, Abuja   The Media Consultant to Tantita Nigeria Limited, Dr. Paul Bebenimibo, has said the company’s sustained efforts in protecting oil pipelines and other critical infrastructure in the Niger Delta have significantly improved crude oil production, environmental safety and economic activities in the region. Bebenimibo, who is also Special Adviser to Tantita Chairman, Government Ekpemupolo, popularly known as Tompolo, stated this while speaking on the sidelines of an award presented to Tantita by Blueprint Newspapers in recognition of the company’s contributions to pipeline security and national development.…

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Taiga Urges Urhobo Investors To Bring Capital Home, Udu Monarch Hails NBTC

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…Udu monarch commends NBTC’s 69-year contribution to kingdom     The Chairman of Niger Benue Transport Company, NBTC Limited, Olorogun Moses Oghenerume Taiga, JP, CON, has urged Urhobo business leaders and other Nigerians to invest in their homeland, saying the region is endowed with huge economic opportunities capable of accelerating development. Taiga made the call yesterday when the Ovie of Udu Kingdom, His Royal Majesty, Engr. Mike Orugbo, Okporua I, paid a historic visit to the 69-year-old NBTC facility on NBTC Road, Ovwian, Udu Local Government Area of Delta State.…

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Obiodeh Foundation Unveils N10m Empowerment Programme To Mark Founder’s Birthday

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The Goodnews Emamusi Obiodeh Foundation has unveiled a N10 million empowerment programme to mark the 2026 birthday of its founder, Delta State Commissioner for Lands and Surveys, Chief Goodnews Emamusi Obiodeh.   The programme, scheduled to coincide with Obiodeh’s birthday on August 15, is designed to provide financial assistance and support to youths, vulnerable elderly persons, orphans, persons with disabilities and small business owners across Isoko South and Isoko North Local Government Areas.   The foundation, in a statement signed by Marvins Obibi on behalf of its management, said the…

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