Abuja Business Reports Newspaper & Magazine

…Authoritative Business News Everytime

Month: March 2024

N3trn Budget Padding: CNPP, CSOs Issue 14 Days Ultimatum To Akpabio To Resign

Conference Of Nigeria Political Parties (CNPP) in conjunction with its over 75 allied civil society organisations under the umbrella of the National Civil Society Organisations Against Inept Leaders, have demanded the immediate resignation of the President of the Senate, Senator…

Minister Urges Mineral-rich African Countries To Use Reserves As Equity To Avoid Impoverishing Debt Trap

The Minister of Solid Minerals Development, Dr. Oladele Alake has urged mineral- rich African countries to use the proven mineral reserves of their countries as equity in joint ventures instead of taking loans that worsen the plight of their people….

TCN Suffers Another System Sabotage, Shiroro-Katampe Transmission Line Vandalised

Less than two weeks after its Tower 70 along its 330kV Gwagwalade – Katampe Transmission line was vandalised, the Transmission Company of Nigeria (TCN) has suffered yet another vandalism of its transmission line. This time, the company reported that one…

Govt Failure: Abductions of Women, Children, and Students Shake Northern Nigeria

By Abdul-Azeez Suleiman The recent mass abductions in Northern Nigeria are a clear indication of the authorities’ continued failure to protect its citizens from attacks by armed groups. The shocking abduction of over 400 displaced people in Borno state and…

TCN Explains Outages in FCT Despite Capacity To Supply Adequate Power

The Transmission Company of Nigeria (TCN) has stated that the current power supply situation in Abuja is not attributable to inadequate transmission capacity resulting from the Gwagwalada tower vandalism incident of 26th February, 2024. The transmission company in a statement…

Mining Sector: Alake Pledges Commitment To Empowering Women With Relevant Skills

The Minister of Solid Minerals Development and Chairman of the African Minerals Strategy Group (AMSG), Dr. Dele Alake has affirmed the commitment of the African continent to equipping women with requisite skills to participate actively in the mining sector value…

IWD: NTYTP Wants Governments To Address Challenges Facing Women in Nigeria

Young people-driven nongovernmental organisation (NGO) and a leadership development advocacy group, the Not Too Young To Perform (NTYTP), has urged the three tiers of government in the country “to pay special attention to modern day challenges facing women in Nigeria.”…

Enugu’s Land Grabbing Crisis: NGIJ Investigation Unveils Exploitative Woes As “Captain” Accused of Using Soldiers For Land Grabbing Linked To Lagbaja Family

By NGIJ Team In recent years, Nigeria has been grappling with a pressing issue known as land grabbing, where land rights are violated and increasingly stripped away from local communities and vulnerable individuals. This contentious practice, often fuelled by powerful…

Tinubu To Qatari Investors: My Administration Removing Bottlenecks, Enhancing Nigerian Economic Systems

President Bola Tinubu has assured the international business community that Nigeria is ready for serious business as his administration will deal decisively with any and all entrenched interests in the country who undermine investor confidence, pledging to remove all bottlenecks…

Obukpa Community, UNN Host, Raises Alarm Over Impending Health Epidemic

Residents of Obukpa Community in university town of Nsukka in Nsukka Local Government Area of Enugu State, have raised the alarm over what they described as impending epidemic. The residents, who spoke on Friday, hinged their fears on a leaking…