Abuja Business Reports Newspaper & Magazine

…Authoritative Business News Everytime

Month: April 2023

Ministerial Intervention: MO/TCN Issue Date For Reconnection of Three Sanctioned DISCOs, Gives Additional 60-day Grace

The Market Operator (MO), Transmission Company of Nigeria (TCN), has announced its readiness to reconnect three Distribution Companies (DISCOs) earlier disconnected from the electricity power grid as a result of non compliance with the Market Rules, issuing them sixty (60)…

Moves To Foist Another Rubber Stamp Principal Officers On NASS Dangerous For Democracy, Inimical To Good Governance – CNPP Warns

…Says Nigerians Can’t Endure Another 4 Years Of Executive – Legislative Connivance Against Citizens Conference Of Nigeria Political Parties has warned that “attempts being made by interested parties loyal to the ruling All Progressives Congress (APC) to ensure the inauguration…

Adamawa: Why I Declared APC Governorship Candidate Winner —Suspended Adamawa REC Writes IGP

The suspended Independent National Electoral Commission (INEC) Resident Electoral Commissioner (REC) for Adamawa State, Hudu Yunusa Ari, a lawyer, has explained his action in announcing the final results of the April 15 supplementary election in the state, in which he…

Bandits Kill Two Abducted Victims In Zamfara, Release 70 Others

Bandits have released 70 out of 85 victims abducted from Wanzamai village of Tsafe Local Government Area of Zamfara state, Daily Trust gathered. The victims were kidnapped three weeks ago on farmlands. They are mostly residents of Wanzamai, a community…

TCN Suspends Three Electricity Distribution Companies

Transmission Company of Nigeria (TCN) has announced the suspension of three electricity distribution companies for breach of market rules. The affected companies are APLE Electric Limited, Kano and Kaduna Electricity Distribution Companies. TCN spokesperson, Ndidi Mbah, made the revelation in…

Electrical Inspector of the Federation Warns Against Importation of Substandard Electricity Materials

Chief Electrical Inspector of the Federation and Managing Director, Nigerian Electricity Management Services Agency (NEMSA), Mr Aliyu Tahir, has warned against importation of substandard electricity materials into Nigeria. He gave the warning at the 2023 First Quarter Interactive Session with…

Bet9ja Woes: Court Convicts Mother, Son for False Information

The Kaduna Zonal Command of the Economic and Financial Crimes Commission, EFCC has secured a conviction of one Oluwayemisi Samuel and her Son, Joshua Samuel, before Justice A.A Bello of the Kaduna State High Court on separate one count charge…

Gluwa: Nigeria’s Cryptocurrency Legalization Gets Boost As Firm Commits $35m To Indigenous Crypto Exchanges Growth In Africa

Gluwa, a foremost global blockchain company, has announced its readiness to work closely with the Federal Government of Nigeria to create a policy framework that supports the legalization and adoption of cryptocurrencies in Africa’s largest economy. The firm believes cryptocurrencies…

Dennis Aikoriogie: Labour Party Template Will Turn Around Edo’s Fortunes

Dr. Dennis Osahon Aikoriogie is a leading aspirant for Edo State Governor in 2024 under the platform of the Labour Party (LP). His wide experience in the management of men and materials and exposure to several associations at home and…

NDE Begins Registration Of Unemployed Persons In Oyo State

In a renewed drive to check the rising spate of unemployment in the country, the National Directorate of Employment (NDE) has began the registration of unemployed persons across the 33 local government areas in Oyo State. Speaking on behalf of…