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ABUJA BUSINESS REPORTS

BREAKING: Nduka Obaigbena Leads ARISE News Teams to Cover Trump’s Inauguration and World Economic Forum in Davos

ARISE News has dispatched its top teams to Washington DC and Davos to provide extensive coverage of two major global events. Chairman and Editor-in-Chief, Nduka Obaigbena, leads the team in Washington DC, where they will cover the inauguration of Donald…

Why Negative Portrayal of Fulanis Unwarranted – Governor Yusuf

Kano State Governor, Abba Kabir Yusuf, has condemned the negative portrayal of Fulanis, describing it as unwarranted. According to Governor Yusuf, the Fulani community has been unfairly stereotyped, and their peaceful nature is often overlooked. The governor’s comments come amid…

Judge Adjourns for Ruling in Mareva Suit between First Bank Nigeria and General Hydrocarbons Limited and Several Others

A Mareva injunction suit involving First Bank Nigeria, General Hydrocarbons Limited, and several others took a new turn on Friday, January 17, 2025, as Dr. Abiodun Layonu SAN moved to set aside the injunction and other punitive ex parte orders…

How First Bank’s Reckless Actions Sparked Crisis, Exposed 93 Lives to Danger on Oil Rig – GHL Alleges

A recent statement by General Hydrocarbons Limited (GHL) has exposed a shocking incident involving First Bank of Nigeria (FBN) that put the lives of 93 people, including foreign nationals at risk on an oil rig. The incident occurred on October…

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…

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…