Abuja Business Reports Newspaper & Magazine

…Authoritative Business News Everytime

Month: February 2024

TCN’s Tower 70 Along 330kV Gwagwalada – Katampe Transmission Line Vandalised

The Transmission Company of Nigeria (TCN) has stated that its Tower 70 along its 330kV Gwagwalade – Katampe Transmission line has been vandalised with the tower standing precariously on the ground. The TCN’s General Manager, Public Affairs, Ndidi Mbah, in…

Highlights of Federal Executive Council Decisions on Monday 26 February

By Bayo Onanuga Here are some of the highlights of the far reaching decisions taken today at the Federal Executive Council meeting, chaired by President Bola Ahmed Tinubu. The implementation involves merging, subsuming and scrapping agencies with similar functions. The…

TCN Suffers Setback As Vandals Destroy Its Two 330kV Transmission Towers

The Transmission Company of Nigeria (TCN) has suffered major setback after the vandalism and destruction of two of its transmission towers. The destroyed towers are T377 and T378, along the Gombe – Damaturu 330kV transmission line on Friday, February 23,…

Tinubu Appoints New AMCON Management Team

President Bola Tinubu has approved the appointment of a new management team for the Asset Management Corporation of Nigeria (AMCON), pending their confirmation by the Nigerian Senate. The development was confirmed in a statement signed by a Presidential Spokesperson, 𝐂𝐡𝐢𝐞𝐟…

EFCC Chair, Olukoyede, Charges Banks’ CEOs to Play by the Rules in Fight Against Corruption

The Executive Chairman of the Economic and Financial Crimes Commission (EFCC) Mr. Ola Olukoyede has called on Chief Executive Officers (CEOs) of banks across the country to always abide by extant regulations and rules in their practices as effective means…

Kemi Nanna Nandap Named New Immigration Comptroller-General

President Bola Ahmed Tinubu has approved the appointment of Kemi Nanna Nandap, a Deputy Comptroller-General (DCG) as the Comptroller-General (CG) of the Nigeria Immigration Service. Chief Ajuri Ngelale Special Adviser to the President (Media & Publicity), who announced the appointment…

President Tinubu Appoints Hafsat Bakari As New Director/CEO Of NFIU

President Bola Tinubu has approved the appointment of Ms. Hafsat Abubakar Bakari to serve as the Director/Chief Executive Officer (CEO) of the Nigerian Financial Intelligence Unit (NFIU), pending her confirmation by the Senate. A statement issued by a presidential Spokesperson,…

CNPP Congratulates Gov Mbah On His Sun Governor Of The Year Award, Others

The Conference Of Nigeria Political Parties (CNPP), Enugu State Chapter, has congratulated and rejoiceed with the Executive Governor of Enugu State, Barr Peter Ndubuisi Mbah, on his award as the Sun Governor Of The Year and other awards earlier received….

Anti-corruption: EFCC Set To Collaborate With ALGON To Train Council Officials

As part of efforts to ensure transparency and accountability at the local government level in Nigeria, the Economic And Financial Crimes Commission (EFCC) in collaboration with the Association Of Local Governments of Nigeria (ALGON) have concluded arrangements  to train council…

FCT Police Nabs Wanted Suspected Kidnapper, Rescues Victims

Following recent upsurge in abduction for random in Nigeria’s capital, the Anti-Kidnapping Unit of the Federal Capital Territory (FCT) Police Command has apprehended a wanted suspected notorious kidnapper, Saidu Abdulkadir, and some victims were rescued. The Police Public Relations for…