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ABUJA BUSINESS REPORTS

Revealed: NPA Illegally Operates Two Secret Foreign Accounts Where Billions Are Looted – Report

Defying the Federal government on matters relating to the Treasury Single Account (TSA), the Nigeria Ports Authority (NPA) is currently operating two secret foreign accounts were payments are made and the monies looted by the management and supervising Minister, Pointblanknews.com…

Leaked NSCDC Memo Identifies North West, North Central, South West States For Coordinated Terrorists Attacks

The Nigeria Security and Civil Defence Corps (NSCDC) has, in a leaked memo, revealed that two separate bandits groups are plotting coordinated attacks on North West, North Central and South West, The memo, addressed to all commands of the NSCDC,…

Monkeypox Now Global Emergency As WHO Triggers Highest Alert

The global community, once again, faces another health emergency after the 2019 outbreak of the Coronavirus, otherwise known as COVID-19 in China. This is coming as the World Health Organization (WHO) on Saturday declared the monkeypox outbreak, which has affected…

Two Jailed for Multi-million Naira Internet Fraud in Jigawa

The Kano Zonal Command of the Economic and Financial Crimes Commission, EFCC, has secured the conviction and sentencing of the duo of Olalekan Adekola Adeojo and Theophilus Ehoghcho Opanachi to six and five months imprisonment respectively before Justice Husaina Adamu…

Security Concerns Prompts FG To Considers Nationwide Ban On Motorcycles, Mining Activities

The National Security Council on Thursday announced that it is considering a nationwide ban on motorcycles and mining activities in the country as part of its strategy to curb terrorist activities, checkmate loopholes and cut off their sources of funding….

Senate Passes Nigeria Start-Up, Electricity, Social Security Commission Bills

A total of three bills were passed on Wednesday by lawmakers during plenary in the Senate chamber of the National Assembly in Abuja. The proposed pieces of legislation are the Nigeria Start-up Bill, the Electricity Bill, and the National Social…

$3.5M Fraud: EFCC Extradites FBI Wanted Internet Fraud Suspect to US

A wire fraud suspect, Fatade Idowu Olamilekan on wanted list of the Federal Bureau of Investigation, FBI, was on Thursday July 14, 2022, extradited to the United States for allegedly stealing over Three Million, Five Hundred Thousand United State Dollars…

National MSMEs Award Recipient Seeks Govt Intervention

Dr Zayyanu Tanko, a winner of the National Micro, Small and Medium Enterprises Award, has solicited for grants and soft loans from the Federal and State Governments. Tanko, who is also the Chairman/Chief Executive Officer of Tanko Furniture Factory Ltd,…

Kaduna Govt Spends N158.1bn on Education in 5 Years

The Kaduna State Government has spent a total of N158.1 billion out of the N225.1 billion budgeted for the education sector between 2017 and 2021, the sector budget trend analysis has shown. The analysis, indicating a 70.2 per cent performance,…

N400bn Approved For Poverty Reduction, Osinbajo-led Committee

The National Poverty Reduction and Growth Strategy (NPRGS) says N400 billion has been approved for various poverty reduction schemes in 2022. Gov. Abdullahi Sule of Nasarawa spoke with State House correspondents after a meeting of the National Steering Committee of…