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ABUJA BUSINESS REPORTS

CNPP To Tinubu: Rethink Romance With IMF, Others, Demands Sack Of Unproductive Appointees

As the Federal Government of Nigeria battle with containing rising cost of living and its resultant hardship across the country, political parties and political associations under the aegis of the Conference Of Nigeria Political Parties (CNPP) have counselled President Bola…

Informal Sector’s Pivotal Roles In Nigeria Reinforced At VDI National Meeting In Abuja

The pivotal roles of the countries informal sector in the economic development aimed at creating access to employment opportunities, stimulating income generation and fostering entrepreneurial spirit have again been undeniably reinforced. This followed some critical strategic resolutions during a recent…

President Tinubu’s 8-Point Agenda Receives A Boost As CAC Unveils Registration Of 2 Million Businesses

President Bola Ahmed Tinubu’s target of 50 million jobs for Nigerian youths has received a boost as the Corporate Affairs Commission (CAC) unveiled the registration of two million businesses. This was revealed by the Registrar-General and CEO of the CAC,…

High Cost of Food: Tinubu Orders Release of 102,000 Metric Tons of Grains

As part of efforts, in the interim, address the ever growing challenges of high cost of food stuff in Nigeria, President Bola Ahmed Tinubu has ordered the immediate release of over 102,000 metric tons of various grain types from the…

Bandits Threaten To Marry Bride, Sell 62 Wedding Guests – Video

The bandits who abducted women accompanying a bride to her matrimonial home at Damari, Sabuwa Local Government Area of Katsina State last Thursday have released a video showing the captives. In the video, which is currently trending on social media,…

MORE Agenda: Governor Oborevwori Insists On Sustainable Transformation of Delta

The Governor of Delta State, Rt Hon Sheriff Oborevwori, has pledged sustainable development and transformation of the state with the efficient implementation of his administration’s MORE Agenda. Governor Oborevwori gave the pledge on Tuesday, when he received on a congratulatory…

EFCC Arrests Pastor Founder Of Theobarth Over N1.3bn Fake Grants, Money Laundering

Operatives of the Economic and Financial Crimes Commission, EFCC, have arrested the founder of the Theobarth Global Foundation and the General Overseer of Faith On The Rock Ministry International, Apostle Theophilus Oloche Ebonyi, for defrauding church members and other Nigerians…

Reps To Grill NSA, Security Chiefs Over Insecurity in FCT, Others

The House of Representatives on Wednesday resolved to summon the National Security Adviser (NSA), the Inspector General of Police IGP and heads of all security agencies in the country for an emergency security briefing and strategy meeting. The resolve to…

Press Release: Again, Vandals Cause Collapse Of Tower T388 Along Jos-Bauchi 132KV Transmission Line

The Transmission Company of Nigeria (TCN) hereby states that its tower number 388 along the Jos-Bauchi, 132kV Single Circuit transmission line was vandalised, resulting in its collapse. The incident, suspected to have occurred on the first of February, 2024, at…

Transfer of Crude Oil Proceeds To CBN Is the Way To Go – CNPP Tells Tinubu

Conference Of Nigeria Political Parties (CNPP) has described the speculated directive by President Bola Ahmed Tinubu, transferring revenue from crude oil sales to the Central Bank of Nigeria (CBN) as the way to go. Since on Monday, there has been…