Abuja Business Reports Newspaper & Magazine

…Authoritative Business News Everytime

Year: 2024

Benue LG Polls: BSIEC Fixes Date, Takes Steps For Credible Election

Hope for a democratically elected local government leadership is high in Benue State with a date fixed by the electoral body, the Benue State Independent Electoral Commission (BSIEC), for elections into local government areas across the state. BSIEC fixed the…

Bobrisky Faces Six-count Charge Over Money Laundering, Naira Abuse

Popular Nigerian crossdresser, Idris Olanrewaju Okuneye, better known as Bobrisky, has arrived at the Federal High Court is to be arraigned on a six-charge in Lagos, Nigeria, over alleged money laundering, and naira abuse by the Economic and Financial Crimes…

Tinubu Signs Amended Students Loan Bill Into Law

President Bola Tinubu on Wednesday signed the National Students Loan Amendment bill into law as the new legislation repeals the previous Students Loans (Access to Higher Education) Act of 2023 and enacts the Student Loans (Access to Higher Education) Act…

Nigeria’s Electricity Regulator Hikes Tariff For Band A Consumers

The Nigerian Electricity Regulatory Commission (NERC) has approved about 300% increase in electricity rates for Band A category customers, leading to removal electricity subsidy for 15 percent of consumers.⁣ Band A are those who enjoy electricity supply for 20 hours…

Samsung Reiterates Commitment To Affordable 5G-enabled Technology

Samsung Nigeria, has reiterated its commitment to democratising 5G technology, making it accessible to a diverse range of consumers without compromising on performance, features, or design. This is even as the technology company has unveiled two new additions to its…

Fraudsters Clone Air Peace Website, Fleece Customers

Indigenous aviation company, Air Peace, on Tuesday, raised the alarm that some passengers intending to book United Kingdom (UK) flights on its portal were fleeced by fraudsters who cloned its official website. The alarm was coming a few days after…

CBN Clears Inherited $7 billion FX Backlog

The Central Bank of Nigeria (CBN) has cleared the $7 billion foreign exchange (FX) backlog inherited by Governor Yemi Cardoso. This move fulfils a key pledge on his appointment and signifies a significant step towards restoring confidence in the economy….

TCN Restores National Grid After System Disturbance

The Transmission Company of Nigeria (TCN) has successfully restored the national grid following a system disturbance that occurred at 4:28 p.m. on Thursday, 28th March 2024, with full recovery achieved by 10:00 p.m. that same day, the General Manager, Public…

Gombe DG, Misilli Receives NIPR Gold Certificate

In recognition of his exemplary contributions to public sector communication, the director-general of press affairs, Government House Gombe, Ismaila Uba Misilli, has received the prestigious Spokespersons Gold Certificate, Public Sector (State) category conferred on him by the Nigerian Institute of…

Birthday: AASU Felicitates Dr. Daysman Oyakhilome on His Birth Anniversary

As the Visionbearer, LoveWorld Global Fellowships Worldwide and President of the United Youth of Africa Nations, Dr. Daysman Oyakhilome, celebrates another added year to his age, the All-Africa Students’ Union (AASU) has rejoiced with the celebrant. Dr. Daysman Oyakhilome attained…