Abuja Business Reports Newspaper & Magazine

…Authoritative Business News Everytime

Month: November 2024

MC Oluomo: How Controversial Tinubu’s Loyalist Emerged Unopposed as NURTW National President

In a move that has raised eyebrows, Musiliu Akinsanya, popularly known as MC Oluomo, has been elected as the National President of the National Union of Road Transport Workers (NURTW). The election, held during the Union’s Quadrennial Delegate Conference in…

Nigerians Abroad Send $20 Billion Home Annually, NIDOE Invests N25 Million in Humanitarian Projects

Nigerians in Diaspora Organisation Europe (NIDOE) has revealed that Nigerians abroad send over $20 billion to their homeland annually. At a virtual news conference, Chairman Bashir Obasekola announced that NIDOE spent N25 million on humanitarian projects across Nigeria in 2024….

Fire At Lagos Port Terminal Disrupts Operations As Quick Response Averts Major Disaster

A potentially disastrous fire outbreak was contained at the Lagos Port Complex, Apapa, after a crane caught fire, thanks to the swift response of the Nigerian Ports Authority (NPA) and APM Terminals. Fortunately, no injuries or fatalities were reported, and…

Kogi State Governor Endorses GOBO Business Outreach Program to Empower Small-Scale Entrepreneurs

Hope rises for small-scale entrepreneurs in Kogi State as Governor Ahmed Usman Ododo, has thrown his weight behind the Governor Ododo Business Outreach (GOBO) initiative, aimed at uplifting marginalized groups and providing economic opportunities at the community level. Launched on…

Ministry of Defence Enhances Procurement Efficiency with Three-Day Seminar

The Ministry of Defence has taken a significant step towards enhancing its procurement processes by organizing a three-day technical seminar for its procurement staff. The seminar, which focused on procurement audit, e-Procurement, Performance Management System (PMS), and Enterprise Content Management…

National Grid Collapse: TCN Restores Abuja Axis, Works On Other Repairs

The Transmission Company of Nigeria (TCN) has announced that the national grid experienced a disturbance at approximately 11:29 am today, resulting from a sudden rise in frequency. In a swift response, TCN’s recovery efforts ensured the Abuja Axis was restored…

Tinubu Government Confirms Death of Chief of Army Staff Lagbaja After Speculations

In a solemn announcement, the Nigerian government has confirmed the death of Lt. Gen. Taoreed Abiodun Lagbaja, the Chief of Army Staff, at the age of 56. President Bola Ahmed Tinubu disclosed that Lt. Gen. Lagbaja passed away on Tuesday…

Group Condemns Baseless Lies Against Minister Badaru

A group under the auspices of Tinubu Arewa Media 2023, led by Comrade Abdulhamid Bala, has issued resounding condemnation of the baseless allegations circulating against the Minister of Defence, Muhammadu Badaru, by persons it described as certain meddlesome individuals. The…

National Grid Experiences Partial Disturbance, Restoration Efforts Underway – Says TCN

The Transmission Company of Nigeria (TCN) has announced that the national grid experienced a partial disturbance at approximately 1:52 pm on November 5, 2024. According to Ndidi Mbah, General Manager of Public Affairs at TCN, the disturbance was triggered by…

SERG Congratulates Bianca Odumegwu-Ojukwu on Ministerial Appointment, Says South East Still Marginalized

The South East Revival Group (SERG) has extended its warmest congratulations to Ambassador Bianca Odumegwu-Ojukwu on her recent appointment and swearing-in as a minister by President Bola Ahmed Tinubu. According to Hon. Agu Chineme, Publicity Secretary of SERG, this appointment…