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ABUJA BUSINESS REPORTS

Police Burst Abuja Hideous, Nab 85 Criminal Suspects

Amid the continued efforts to make Abuja safer, Police in the Nigeria’s Federal Capital Territory (FCT), have raided identified black spots and criminal hideouts in parts of the capital city, arresting at least 85 criminal suspects. The areas of the…

EFCC Football Team Lifts FCT FA Cup

The football team of the Economic and Financial Crimes Commission (EFCC) Federal Capital Territory (FCT), recently lifted the FCT F.A. Cup after defeating Sporting Supreme FC in a very scintillating performance which ended 4-3. The game which took place at…

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…

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….

South East Monarch Felicitates Rt. Hon. Ifeanyi Ugwuanyi at 60

A traditional ruler in the South East region, His Royal Majesty (HRM), Eze-Igwe Willy Ezugwu, has congratulated the immediate past Governor of Enugu State, Rt. Hon. Ifeanyi Ugwuanyi, as he celebrates his 60th birthday. The monarch, in his birthday massage…

Minister Urges Mineral-rich African Countries To Use Reserves As Equity To Avoid Impoverishing Debt Trap

The Minister of Solid Minerals Development, Dr. Oladele Alake has urged mineral- rich African countries to use the proven mineral reserves of their countries as equity in joint ventures instead of taking loans that worsen the plight of their people….

Govt Failure: Abductions of Women, Children, and Students Shake Northern Nigeria

By Abdul-Azeez Suleiman The recent mass abductions in Northern Nigeria are a clear indication of the authorities’ continued failure to protect its citizens from attacks by armed groups. The shocking abduction of over 400 displaced people in Borno state and…