Abuja Business Reports Newspaper & Magazine

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JAMES EZEMA

Sahel Bloc of Mali, Niger, Burkina Faso Defies ECOWAS with Import Levy to Fund Revolutionary Union

The junta-led nations of Mali, Burkina Faso, and Niger have enacted a 0.5% tariff on all imported goods from Nigeria and other countries, effective immediately, to finance their newly formed Alliance of Sahel States (AES). This bold move severs free…

Jailbreak at Kogi Correctional Facility, 12 Inmates Escape – Commissioner Confirms

Early Monday morning, a jailbreak at the Federal Correctional Centre in Koton Karfe, Kogi State, resulted in the escape of 12 inmates. The Kogi State Information Commissioner, Kingsley Fanwo, expressed his concern over the incident, describing it as “unfortunate.” Fanwo…

TCN Upgrades Agbara 132/33kV Transmission Substation

The Transmission Company of Nigeria (TCN) has notified the public that it is undertaking an upgrade of its 2x45MVA to 2x100MVA Power Transformers at its Agbara 132/33kV Transmission Substation in Ogun State, under the Lagos Region. The company noted that…

Four Owerri-Ahoada Towers’ Collapse And Harsh Reality of Power Infrastructure Vandalism in Nigeria

In an all-too-familiar recurrence, the lifeline of Nigeria’s electricity transmission network has been dealt a catastrophic blow. Four transmission towers along the Owerri-Ahoada 132kV Double Circuit line collapsed on the evening of Tuesday, 11th March, following confirmed acts of vandalism….

MOFI and Culture Ministry Forge Groundbreaking Partnership to Monetize Nigeria’s Cultural Assets

In a landmark move to unleash the vast, untapped economic potential of Nigeria’s cultural and creative industries, the Ministry of Art, Culture, Tourism, and Creative Economy has entered into a strategic partnership with the Ministry of Finance Incorporated (MOFI). The…

Governor Dikko Umar Radda is the Bridge Builder of Katsina State – Ibrahim Musa Kallah

In a recent conversation with Ibrahim Musa Kallah, the former Chief Press Secretary to the Deputy Governor Office, Katsina State, and the state Coordinator of the BSO Katsina State chapter, he expressed his admiration for Governor Malam Dikko Radda. Kallah…

President Tinubu Receives Vote of Confidence at APC NEC Meeting, Pledges to Work Harder for Nigeria’s Prosperity

In a recent All Progressives Congress (APC) National Executive Committee (NEC) meeting held in Abuja, President Bola Ahmed Tinubu expressed his determination to work harder for Nigeria’s greater good. He assured that the Nigerian economy was on the path to…

FCDA Road Dualization: TCN Restores Full Bulk Power to Apo Transmission Substation

The Transmission Company of Nigeria (TCN) has announced the restoration of full bulk power to its 132/33kV Apo Transmission Substation, effective Thursday, January 23, 2025. This restoration follows the successful relocation of eight 132kV and 33kV towers along the Kukwaba/Apo…

Nigeria’s Road Infrastructure Quagmire: Umahi Reveals Amount Needed to Tackle Decay

The Minister of Works, Dave Umahi, has painted a grim picture of Nigeria’s road infrastructure, revealing the amount needed to tackle roads infrastructure deficit in the country. According to him, a staggering N18 trillion is required to address the country’s…

TCN Announces Planned Power Outage, Embarks on Tower Relocation Project

The Transmission Company of Nigeria (TCN) has announced a planned power outage in parts of the Federal Capital Territory (FCT) due to the relocation of eight 132kV and 33kV towers along the Kukwaba/Apo 132kV line. The relocation is necessitated by…