Category: Economy

Gov. Oborevwori Hails Obi Cubana At 51

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  Delta State Governor, Rt. Hon. Sheriff Oborevwori, has congratulated Nigerian socialite and businessman, Chief Obinna Iyiegbu, popularly known as Obi Cubana, on the occasion of his 51st birth anniversary. Governor Oborevwori in a statement on Sunday in Asaba by his Chief Press Secretary, Sir Festus Ahon, described the Anambra-born entrepreneur as an extraordinary businessman and investor of high repute. He commended Obi Cubana for his significant investments in Delta State, particularly the development of Cubana Millennium City in the Asaba Capital Territory and the Cubana Wonderland Hotel, which he…

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Delta Plans Dedicated Ministry To Deepen Blue Economy—Onyeme

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    The Deputy Governor of Delta State, Sir Monday Onyeme, has disclosed that the state government is taking strategic steps to establish a dedicated ministry for marine and blue economy as part of efforts to harness its vast coastal resources and boost economic growth.   Onyeme made this known while speaking with journalists at the Blue Economy Investment Summit 2026, themed “Shifting Gears: Heading to a New Frontier in Maritime Economy,” held at the Bola Ahmed Tinubu International Conference Centre on Thursday.   According to him, Delta State has…

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Delta Moves To Establish Marine Ministry, Deepen Blue Economy Drive —Onyeme

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    The Deputy Governor of Delta State, Sir Monday Onyeme, has disclosed that the state government is taking strategic steps to establish a dedicated ministry for marine and blue economy as part of efforts to harness its vast coastal resources and boost economic growth.   Onyeme made this known while speaking with journalists at the Blue Economy Investment Summit 2026, themed “Shifting Gears: Heading to a New Frontier in Maritime Economy,” held at the Bola Ahmed Tinubu International Conference Centre on Thursday.   According to him, Delta State has…

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Delta Kings Back Tantita, Urge President Tinubu To Renew Surveillance Contract

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EFFURUN— Traditional rulers from Ijaw, Urhobo, Isoko and Ndokwa extractions in Delta State have endorsed Tantita Security Services Nigeria Ltd for the pipeline surveillance contract, urging Bola Ahmed Tinubu to renew and expand its mandate. The endorsement followed an enlarged meeting of the monarchs held on Monday at the palace of HRM Dr. Emmanuel E. Sideso, OON, JP, Ovie of Uvwie Kingdom. The communique issued was signed on behalf of the 50 traditional rulers present by HRM Emmanuel Ekemejewa Sideso Abe I, JP. OON, the Ovie of Uvwie Kingdom and…

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Delta Lands Commissioner, Obiodeh Renovates Market, Builds School Pavilion In Igbide Community

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    The people of Igbide Kingdom in Isoko South Local Government Area, Delta State, have commended the Honourable Commissioner for Lands and Surveys, Chief Emamusi Obiodeh, for delivering key grassroots development projects in the community.   The projects delivered include the renovation of a modern market and the construction of a school pavilion at Owodokpokpo Grammar School.   The newly renovated market is expected to boost local commerce and empower small-scale traders, while the school pavilion will provide a conducive space for academic and social activities. Both projects, located…

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How CP-SAT Team Uncovers Gun Running Cartel In Delta Community

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      The Delta State Special Assignment Team, (CP-SAT) based in Ughelli North has uncovered a gun run cartel in an intelligence operation as assorted guns were recovered in Ughelli North Local Government Area of Delta State. The CP-SAT Team led by ASP Julius Robinson, during the operation bursted the cartel at different locations within Ughelli local government area as suspects linked to the cartel were arrested.   The breakthrough was made by the state Commissioner of Police, CP Aina Adesola while briefing newsmen at the Delta State Police…

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Banking On The Future: Why CBN Must Embrace Global Best Practices

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By Ufuoma Ubiebor   The banking sector in Nigeria has fallen behind its peers and the gap will continue widening if there is no urgent intervention. A bank is an institution which is structured to operate with human resources, banknotes, data, standards, ethical values, efficiency, compliance, regulation and professionalism at all times. Currently, this is not the case due to poor regulation, lack of data, and detailed attention given to it over time. The Central Bank which is the apex bank in the country has a huge role to play…

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Why Warri Port Matters By Sunny Awhefeada

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By Sunny Awhefeada     Warri holds a significant place in Nigeria’s socio-historical destiny and economic configuration. To many people the city, which is fondly called Waffi, embodies fascination just as it invokes fear. Warri’s fascination springs from the beautiful yarns spun about it. These stories sound like fables and the typical Waffarian calls them “fabu”. Its multicultural character, the Warri pidgin, its cuisine culture, dances, humour which is “yabis” and the wealth which its reputation as an oil and gas hub generated inspire fascination. Warri is also a place…

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DOPF Lecture: New Tax Law Favors Citizens, Not Government-Expert

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DOPF Lecture: New Tax Law Favors Citizens, Not Government-Expert   ASABA/Nigeria: Discussants at the 2025 Delta Online Publishers Forum (DOPF) Annual Lecture have debunked widespread misconceptions that Nigeria’s new tax law is designed primarily to enrich government, insisting instead that the reform offers far greater benefits to citizens, businesses, and the wider economy.   Speaking during the panel session, accountant and tax consultant Victor Fegor Origho said the new framework was structured to create a balanced, mutually beneficial relationship between the government and the people. He explained that the law…

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Nigeria Senate Calls For Probe Over Continued Itakpe -Ujevwu Rail Derailment

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The Nigerian Senate has directed an immediate investigation and rehabilitation of the Ujevwu–Itakpe rail corridor following a motion by Senator Ede Dafinone (Delta Central), who raised alarm over recurring derailments, service suspensions, and growing safety concerns on the strategic national line. Speaking on the floor of the Senate on Tuesday, November 4, 2025, Senator Dafinone described the frequent derailments and poor maintenance of the Ujevwu–Itakpe Train Line as a threat to passenger safety and national economic growth. He called for “an urgent investigation, full rehabilitation, and stronger safety measures to…

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