Abuja Business Reports Newspaper & Magazine

…Authoritative Business News Everytime

Month: June 2025

Senate Warns NNPCL of Sanctions over Non-Appearance in ₦210tn Financial Irregularities Probe

The Nigerian National Petroleum Company Limited (NNPCL) is under growing legislative scrutiny following its failure to appear before the Senate Committee on Public Accounts probing alleged financial discrepancies totalling over ₦210 trillion in its audited financial reports covering 2017 to…

AFC Commends Nigerian Judiciary Over Death Sentence Verdict in Murder of Corps Member Salome Adaidu

The Association of Female Comrades (AFC) commends the Nigerian judicial system, particularly the High Court sitting in Nasarawa State, for upholding justice in the gruesome murder of 24-year-old corp member, Salome Adaidu. The court, under the honorable leadership of Justice…

Fune Emirate to Confer “Dan Amana” Title on Alhaji Ibrahim Ajia for Exemplary Service and Philanthropy

The Emirate Council of Fune in Yobe State has announced the forthcoming turbaning of Alhaji Ibrahim Mohammed Ajia, President and CEO of FUNAB Group of Companies Limited, as the Dan Amana (Custodian of Trust) of Fune Emirate. This distinguished honour…

Peter Obi Decries “Coordinated Lawlessness” After Brother’s Lagos Property Demolished As State Govt Denies Involvement, Orders Investigation

Former Labour Party presidential candidate, Mr. Peter Obi, has raised fresh concerns over Nigeria’s rule of law crisis following the sudden and unauthorized demolition of his brother’s company property in Ikeja, Lagos. The incident, which Obi described as a “shocking…

Businessman Breaks Silence on Social Media Allegations, Insists on Total Innocence

Renowned Nigerian businessman, Engr. Boniface Okoli, has publicly refuted widespread social media allegations linking him to a criminal transaction controversy involving a government agency. Okoli, who was reportedly said to have been arrested, described the entire claim as a calculated…

How Police Foiled Late-night Robbery Attempt in Abuja

The Federal Capital Territory (FCT) Police Command has successfully foiled a late-night robbery attempt in Zone E Extension of the Apo Resettlement area, Abuja, rescuing multiple victims and recovering a stolen vehicle. The incident, which occurred at about 10:30 pm…

Similade Aderogba Receives Prestigious Thomas Sankara Prize, Urges Youth to Embrace Leadership Role in Africa’s Future

In a powerful celebration of visionary leadership and integrity, Arc. Similade Aderogba, Chief Executive Officer of Lines and Styles Limited, has been honoured with the Thomas Sankara Leadership Prize for Integrity and Transparency, with the accompanying designation as Patriotic Amazon…

Professor-Turned-Vegetable Vendor Urges Youths to Embrace Small Businesses Over Job Hunting

In a powerful message challenging traditional career expectations, Professor Nasir Hassan-Wagini of the Department of Biology, Umaru Musa Yar’adua University (UMYU), Katsina, has urged Nigerian youths and students to embrace entrepreneurship and self-reliance rather than waiting endlessly for white-collar jobs….

NTYTP Hails Tinubu’s Commitment to Non-Partisan Youth Confab, Commends Youth Ministry

The Not Too Young To Perform (NTYTP) Leadership Development Advocacy has praised President Bola Ahmed Tinubu for his statesmanlike commitment to a non-partisan and inclusive 2025 National Youth Conference, describing the initiative as a transformative moment in Nigeria’s journey toward…

Nigeria To Host Africa’s Largest Rare Earth Plant, $400m Investment to Create 10,000 Jobs, Boost Economy

The Federal Government has pledged full support to a $400 million Foreign Direct Investment (FDI) plan to build Africa’s largest rare earth and critical minerals plant in Nasarawa State. The project is expected to create over 10,000 jobs nationwide and…