Abuja Business Reports Newspaper & Magazine

…Authoritative Business News Everytime

Year: 2023

Matawalle: Northern Emancipation Network Tackles Tietie, Says He’s Incoherent

The Northern Emancipation Network has come down hard on Frank Tietie for his recent remarks on the face off between Zamfara State Governor, Bello Matawalle, and Chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, saying they are…

Oodu’a Group Carpets OPC Over Threat To the North, Says Action Not Endorsed By S/West

The Oodu’a People Frontiers (OPF) has reacted to the recent threat to the North by the Oodu’a People’s Congress (OPC) for contesting the National Assembly leadership sharing formula announced by the National Working Committee of the All Progressives Congress (APC)…

107 Anti-Corruption Crusaders Urges Tinubu To Cleanse EFCC Quickly

Following a massive protest in Lagos, a conglomeration of about 107 Anti-Corruption crusade groups led by Crime and Corruption Monitors has impressed on the incoming administration of President-elect, Bola Tinubu to ensure the Economic and Financial Crimes Commission (EFCC) is…

Oyo NDE Trains Beneficiaries On How To Run Successful Enterprise

Determined to effectively equip unemployed persons with vital skills that would lead to job creation and poverty reduction in the country, the National Directorate of Employment, NDE, has organised a sensitization training for her recent loans beneficiaries which comprises of…

CBN Increases Interest Rate For 3rd Consecutive Time

For the third consecutive time Nigeria’s apex bank, the Central Bank of Nigeria (CBN) has raised the interest rate from 18 percent to 18.5 percent. The CBN governor, Godwin Emefiele, announced the decision on Wednesday after a meeting of the…

(Full List) CBN Revokes Licences Of Microfinance Banks, Financial Institutions

Nigeria’s apex bank, the Central Bank of Nigeria (CBN) has revoked the operating licences of 132 microfinance banks, four primary mortgage banks, and three finance companies in the country. The revocation exercise was disclosed in the official gazette of the…

TCN Loses 9 Towers Due To Activities Of Vandals, Power Supply Disrupted

The Transmission Company Of Nigeria (TCN) has lost nine towers, from tower 56 to tower 65 along the Papalanto/Abeokuta 132KV transmission line, leading to the disruption of power supply in parts of Ogun State. The towers collapsed due to the…

Corruption In EFCC: More Trouble For Bawa As North Central Citizens Demand Thorough Investigation Into Allegations

The North Central Citizens Council has noted that the main purpose of the establishment of the Economic and Financial Crimes Commission as a law enforcement agency that investigates financial crimes, has been eroded “under the inept leadership of Abdulrasheed Bawa.”…

Why We Want EFCC Chairman Investigated – Niger Delta Youths, Says Bawa Must Step Aside During Investigation

Youths of the oil-rich Niger Delta region, Niger Delta Youth Congress (NDYC) has expressed deep concern about recent series of allegations leveled against the Chairman of the Economic and Financial Crimes Commission (EFCC), Mr Abdulrasheed Bawa. In a statement signed…

CNG States Position On Reported Plots Against May 29 Handover, Wants Emefiele, Other Critical Government Officials Stopped From Fleeing Nigeria

The Coalition of Northern Groups (CNG) has said that it is, as usual, worried by “the growing uncertainties created by certain destabilizing forces in the country surrounding the May 2029 transition to a new administration elected through the democratic poll…