Abuja Business Reports Newspaper & Magazine

…Authoritative Business News Everytime

Month: January 2025

President Tinubu’s Tax Reform Bills Tops Agenda as National Assembly Resumes

The National Assembly’s resumption has been met with intense focus on President Bola Ahmed Tinubu’s tax reform bills, which have been a subject of controversy in recent times. The bills, aimed at reforming Nigeria’s tax system, have been criticized by…

Global Oil Price Surges as US Imposes Latest Sanctions on Russia

The global oil market witnessed a significant surge on Monday, with Brent crude rising above $81 per barrel, as the latest US sanctions on Russia’s oil industry took effect. This development comes after oil marketers in India and China scrambled…

AGN Denies Allegations of National President’s Arrest

The Actors Guild of Nigeria (AGN) has denied reports claiming the arrest of its National President, Dr. Ejezie Emeka Rollas MON. In a statement issued by Presidential Spokesman Cornel Udofia, the Guild dismissed the allegations as baseless and unfounded. “Our…

General Hydrocarbons Limited Denies Owing First Bank of Nigeria $225 Million

In a recent statement, General Hydrocarbons Limited (GHL) has vehemently denied allegations of owing First Bank of Nigeria (FBN) $225 million. The statement, signed by Abdelmuizz Bello, Director of Strategy & Operations at GHL, provides a detailed breakdown of the…

Sunday Dare’s Outburst: Governor Bala Mohammed Blasts Presidency, Insists FG Can’t Impose Adverse Policies on Nigerians

Bauchi State Governor, Bala Mohammed, has slammed President Bola Ahmed Tinubu’s Special Adviser on Media, Sunday Dare, for what he described as “unprofessional, disrespectful, and divisive rhetoric”, saying that policies that affect the livelihoods of millions of Nigerians cannot be…

Aviation Perm Sec Extols NAMA’s Commitment To Safety, Efficiency Of Air Travel

The newly appointed Permanent Secretary of the Ministry of Aviation and Aerospace Development Dr. Ibrahim Abubakar Kana has commended the critical role played by the Nigerian Airspace Management Agency (NAMA) in ensuring the safety and efficiency of air navigation in…

Renowned Businessman and Philanthropist Chief Paul Agama Conferred with Prestigious Title for Community Development Contributions

In a colourful ceremony held in the historic Opi Ancient Kingdom of Nsukka Local Government Area of Enugu State, Nigeria, Chief Paul Agama, a distinguished businessman and philanthropist based in Cameroon, was honoured with the esteemed title of “Akajiugo One…

Northern CSOs, Stakeholders, Reject Tax Reform Bills, Demand Relocation of All Bank Headquarters to Abuja

A town hall meeting convened by the Coalition of Northern Groups (CNG) Gombe State Chapter, in collaboration with Civil Society Organizations (CSOs) and critical stakeholders, has vehemently rejected the proposed Tax Reform Bills. The meeting, held at Gombe State University…

PDP North Central Zonal Congress: Forum Urges Transparent Process, Reaffirms Support for Hon. Ajiya

As the Peoples Democratic Party (PDP) prepares for its North Central zonal congress, the North Central Unity Forum for Good Governance Initiative has reiterated its endorsement of Hon. Stephen Abraham Ajiya for PDP Vice Chairmanship race and welcomed a competitive,…

FCT Administration Moves Against Vandals

The Federal Capital Territory Administration (FCTA) is on the heels of some suspected vandals allegedly responsible for stealing sewage manhole covers in Abuja. Mr Lere Olayinka, Senior Special Assistant on Public Communications and New Media to the FCT Minister, Mr…