Abuja Business Reports Newspaper & Magazine

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Month: August 2024

Nigeria’s External Reserves Decline to $36.620bn Amidst Economic Hardship

Amidst economic woes that fueled high cost of living and a recent nationwide hunger protests, Nigeria’s external reserves have decreased by 0.68% to $36.620bn as of August 12, 2024, from $36.872bn recorded on August 7, 2024, according to data from…

Building a Better Delta: Governor Oborevwori’s Infrastructure Masterplan Gains Momentum

In a move that is set to transform the infrastructure landscape of Delta State, Governor Sheriff Oborevwori has launched the domestication of the Engineering Regulations Monitoring Programme as a component of Delta State Infrastructure Masterplan. ABUJA BUSINESS REPORTS NEWSPAPER &…

Investigative Journalist Exposes Silent Killer of Africa’s Economic Growth, Tasks African Business Leaders On Local Think Tanks

Investigative journalist and filmmaker David Hundeyin has exposed the insidious influence of external actors on Africa’s development, warning that “the reason that your operating environment is always trying to kill you… is because nearly all of the think tanks, policy…

Tragedy Strikes Kano As Trailer Truck Destroys Power Tower, Leaving North-Western Communities In Darkness

A devastating incident occurred in Kano State on Sunday, August 11th, 2024, when a trailer truck carrying a container crashed into the base of Tower T16, a critical power transmission infrastructure owned by the Transmission Company of Nigeria (TCN). The…

CNPP Wants Tinubu To Probe Subsidy Scam, Bad Petrol Imports, and Refinery Mismanagement

The Conference of Nigeria Political Parties (CNPP) has expressed outrage over the recent controversies surrounding the Nigerian National Petroleum Company Limited (NNPC Limited), including allegations of subsidy scams, importation of substandard petroleum products, and mismanagement of the Port Harcourt Refinery….

Day 10: Nationwide Protests Demand End To Bad Governance, Corruption, Restore Corruption-free Petrol Subsidy

In a remarkable display of unity and determination, Nigerians across the country took to the streets on Saturday, August 10, 2024, to demand an end to bad governance and corruption. The nationwide protests, tagged #EndBadGovernance, saw a massive turnout of…

Revitalizing Nigeria’s Ancient Martial Art: Dambe Warriors League Partners with Ministry of Arts and Culture for Global Recognition

In a groundbreaking move, the Dambe Warriors League (DWL) has secured a prestigious partnership with the Ministry of Arts and Culture, paving the way for the promotion and international exposure of Nigeria’s ancient martial art sport, Dambe. This collaboration is…

Kogi Concerned Citizen Initiative Endorses Philip Ameh for Igalamela/Odolu Local Government Chairman

In a significant development, the Kogi Concerned Citizen Initiative has announced its endorsement of Comrade Philip Ameh as its preferred candidate for the chairmanship position of Igalamela/Odolu Local Government in the upcoming October 2024 elections. The Initiative, founded in 2015,…

Tinubu Appoints Ex-Deputy Governor’s CPS, Ibrahim Musa, As Member of Mathematical Centre Governing Council

In a move aimed at strengthening the education sector, President Bola Tinubu has approved the appointment of governing councils for several federal universities and tertiary institutions across the country, including the National Mathematical Centre, Sheda, Kwali, Federal Capital Territory (FCT)…

Nigeria’s Aviation Ministry, Oil Companies Meet To Resolve Helicopter Landing Levies Framework

In a groundbreaking move, the International Oil Companies (IOCs) and Local Oil Companies (LOCs) under the aegis of the Oil Producers Trade Section (OPTS) convened with officials from the Ministry of Aviation and Aerospace Development, representatives of NAEBI Dynamic Concepts…