…As MEGP Passes out First Batch Paul Sylvester In line with his plan to grow Akwa Ibom State on small and medium scale businesses, Gov Udom Emmanuel, through the Directorate of Microfinance and Enterprise Development, has facilitated the exclusive business advisory and training of willing young Akwa Ibom start ups via a periodic human resource […]

Trade by barter market effective in Cross River after 63 years

The Esuk Mba community market in Akpabuyo Local Government Area of Cross River State is still practising trade by barter as a means of exchange for food items since it was established in 1956, the News Agency of Nigeria (NAN) reports. The market, which is located in a remote village in Esuk Mba in Akpabuyo, […]

Home IPMAN News NUPENG Petroleum PTD strike


The persistent fuel scarcity occasioned by the strike action embarked upon by the Petroleum Tankers Driver (PTD) for more than one week, has finally come to an end. This is sequel to the resolutions reached at a meeting between Akwa Ibom State Government and representatives of the Petroleum Tankers Drivers (PTD), Independent Petroleum Marketers Association […]


Revealed:- Reason Why Anambra, Enugu, Kogi can’t be declared oil bearing states

The Department of Petroleum Resources (DPR) on Thursday said that Anambra, Enugu and Kogi States can only be declared oil- producing states if necessary conditions are met. DPR, in a letter to the Senate Committee on Petroleum (upstream), said the three states could only be declared oil- bearing states if the oil firm in the […]


CBN to withdraw bad looking naira notes from circulation

The Central Bank of Nigeria (CBN) says that it is working on a plan to mop up all the mutilated naira notes in circulation across the country. Meanwhile the apex bank said it would impose N1 million fine on any bank found to issue counterfeit naira notes. Director, Currency Operations, CBN, Mrs Priscilla Eleje, disclosed […]


”Stop the panic buying, there Is enough fuel in circulation – NUPENG

The Nigerian Union of Petroleum and Natural Gas Workers (NUPENG) has advised Nigerians to stop panicking on rumours of fuel subsidy and an increase in the pump price.   A statement released a signed by the NUPENG South West Chairman, Tayo Aboyeji, states that Nigeria has enough petrol and diesel circulating in every state. “Nigerians should stop […]

Africa’s Biggest Economy : Nigeria ranks 115th position globally from its previous 125th position – World Economic Forum Reports

The new Global Competitiveness Index 4.0 which measures national competitiveness, stated that Africa’s biggest economy has ranked from 115th position globally from its previous 125th position, which defines the set of institutions, policies and factors that determine the level of productively of a nation This Report was released by the World Economic Forum (WEF).   According to WEF, […]

First City Monument Bank attains ISO Certification for Quality Management

Financial services provider, FCMB, has been awarded the prestigious International Organisation for Standardisation (ISO) 9001:2015 certificate for Quality Management System. The Bank was presented with the certificate by the Standards Organisation of Nigeria (SON), following a comprehensive audit and evaluation exercise conducted by the Organisation. The exercise covered departments and branches of the lender, nationwide. […]

Nigeria’s external debt as at three years of Buhari’s Administration rises by $11.77bn – DMO

According to debt statistics obtained from the Debt Management Office, the country’s external debt rose from $10.32bn in June 30, 2015 to $22.08bn as of June 30 this year. This means that the country’s external debt commitment has grown by 114.05 per cent in the last three years.   The breakdown, aSs regards to National […]

NBS reveals that, Nigeria’s foreign debt has risen to $22.08 billion

The National Bureau of Statistics (NBS), yesterday, said that Nigeria’s foreign debt at the end of the first half of 2018 (H1’18) of president Mohammadu Buhari’s administration has risen to $22.08 billion.   According to NBS, it shows that 17 percent rise over the $18.9 billion recorded at the end of 2017.   Buy Android phones online […]