Abuja Business Reports Newspaper & Magazine

…Authoritative Business News Everytime

Month: May 2024

Tinubu writes Reps Seeking N24.6 Billion Refund to Nasarawa, Kebbi for Airports

President Bola Ahmed Tinubu has written to the House of Representatives requesting the seeking the preparations and approval of a N24.6 billion Promissory Notes to reimburse Nasarawa and Kebbi states for the cost of construction of their airports following the…

2027: Unmasking a Brewing Northern Conspiracy Against Tinubu

By Dattijo Sani Rano PhD The grand conspiracy from Northern Nigeria against the reemergence of President Bola Ahmed Tinubu for a second term that was hinted at by the President’s loyal political allies in the region is gradually but surely…

Inside Story Of How Man Was Nabbed With Explosive In Jos Bank

A young man, whose identity is yet be unveiled, sneaked into a bank in Dadinkowa, Jos South local government area of Plateau State, with Improvised Explosive Device (IED), demanding N100m to avoid detonating it. An official of the bank who…

Remove Petrol, Electricity Subsidies After Taming Inflation, IMF Tells Tinubu Govt

The Federal Government of Nigeria has been urged by the International Monetary Fund (IMF) to remove the fuel and electricity subsidies when the rising inflation has been addressed. The IMF in a report titled ‘Nigeria: 2024 Article IV Consultation’ said…

Unimaginable Economic Importance of Bitter Kola in West and Central Africa

Bitter kola, also known as Garcinia kola, holds significant economic importance in West and Central Africa. Here are some key points highlighting its economic value: In conclusion, bitter kola plays a significant role in the economy of West and Central…

ECOWAS To Suppress Illicit Maritime Activities In West Africa

Experts from ECOWAS member states met in Lomé, Togo, precisely between May 6 and 8, 2024, to examine in detail the draft supplementary Act relating to cooperation in suppressing illicit maritime activities in the ECOWAS region. Leadership reports that the…

Ikpokpo Appointed ALGON Director General

The National President Of the Association of Local Governments of Nigeria (ALGON), Hon Aminu Mu’azu Maifata, has on Behalf of the Executive Council (NEC) of the Association announced the appointment of Sir Itiako Ikpokpo (KSM) as the NEW ALGON Director…

ALGON National President Hon Aminu Mu’azu Maifata Names Hon Jega As His Chief Of Staff

The ALGON National President Hon Aminu Mu’azu Maifata has approved the appointment of Hon Shehu Jega Marshall, a barrister, as his Chief of Staff. According to a letter issued from the ALGON Headquarters, Hon. Jega is enjoined to bring his…

NDE Harps On High Mass Employment Potential Of B-NOAS Scheme

Determined to bring succour to the teeming unemployed youths in the country, the National Directorate of Employment (NDE) has commenced an intensive three months Basic National Open Apprenticeship Scheme (B-NOAS), training for Twenty (20) unemployed persons in Oyo State. Speaking…

Court Adjourns Cubana Chief Priest’s Naira Abuse Trial Till June 5

Justice Kehinde Ogundare of the Federal High Court sitting in Ikoyi, Lagos, on Thursday, May 2, 2024 adjourned further hearing in the trial of Pascal Okechukwu, a.k.a. Cubana Chief till June 5, 2024.Okejukwu was arraigned on Wednesday, April 17, 2024…