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Posts in category Business

MC Nwankwo: Monetary Policy Rigmarole

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Just yesterday, the CBN came up with a new Monetary Policy Rate (MPR), reviewing it upward from 12% to 14%. As a sociologist, I may not have requisite academic expertise to speak on core economic issues. However, my 6 years career in the banking industry exposed me to some elementary professional knowledge and experience in both micro and mac [...]

Spar coming to Abia.

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Spar, an international retail chain and franchise with approximately 12,500 stores in 35 countries globally, has indicated interest to take a large portion in the Abia Mall with construction value of N3.1 billion. Spar is taking about 3,200 square metres in the mall to extend its outlets in Umuahia, the Abia State capital. According to the [...]

Made-in-Aba shoe daily export hits 1m...

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The Aba shoe industry project in South-East Nigeria is heading for global market with daily export figures of one million pairs to other African countries, the President of the Abia Think Tank Association, Mazi Sam Ohuabunwa has said. Ohuabunwa , who stated this during a press conference ahead of a two-day economic summit in Aba, said that [...]

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