Abuja Business Reports Newspaper & Magazine

…Authoritative Business News Everytime

Month: May 2023

TCN Boosts Transmission Capacity In Lagos, Port-Harcourt Regions With New 300MVA Power Transformer, Spare Parts

Barely a week after it announced the delivery of some transmission equipment spare parts at its Port-Harcourt Regional Office in Rivers State, the Transmission Company of Nigeria (TCN) has disclosed that it took delivery of a new 300MVA 330/132/33kV power…

TAJBank Unveils Osita Iheme (Pawpaw), Saratu Daso As Brand Ambassadors

Star Nollywood actor Osita Iheme (popularly known as Pawpaw) and Saratu Daso have been named as brand ambassadors of TAJBank Limited. The management of the Nigeria’s leading non-interest banking services provider made this known during the brand ambassadors’ presentation at…

How Egypt Ordered Nigerian Students Back To Sudan Over Unruly Conduct, Two May Face Trial

Over 500 Nigerian students who fled to Egypt from Sudan have been ordered back to the crisis-ridden country while two of them are to face legal action. This is as a result of alleged misconduct of two students who reportedly…

How May Day Assault On Imo Workers Caused Current Electricity Supply Loss – EEDC Explains

The Enugu Electricity Distribution Company PLC (EEDC) has explained the ongoing loss of electricity supply in Imo State, detailing how assault on the state workers on May Day led to the ugly experience. EEDC in a statement informed her esteemed…

Northern Elders Forum Congratulates New President-General of Ohanaeze-Ndigbo Chief Iwuanyanwu

Northern Elders Forum has congratulated Chief Emmanuel Iwuanyanwu, CFR, on his emergence as the President-General of Ohanaeze Ndigbo Worldwide. The Forum in a statement signed by its Director, Publicity and Advocacy, Dr Hakeem Baba-Ahmed, OON, noted that he steps into…

180 Minority Members-Elect Form Coalition To Produce Reps Speaker

Ahead of the inauguration of the 10th National Assembly in June, some “180 members-elect” from opposition parties have formed a coalition to elect the next Speaker and the Deputy Speaker of the House of Representatives. The parties are — the…

16 Months’ Severance Pay: FG To Verify PHCN Ex-Staff

Nigeria’s Bureau of Public Enterprises (BPE) has announced readiness to commence a verification exercise for the payment of the agreed 16-month severance benefits to the bonafide ex-staff of the defunct Power Holding Company of Nigeria (PHCN). BPE said in a…