Abuja Business Reports Newspaper & Magazine

…Authoritative Business News Everytime

JAMES EZEMA

Model Girls JSS AMAC Estate Bids Farewell to Graduating Class with Heartfelt Ceremony

A blend of jubilation, pride, and reflection filled the atmosphere at Model Girls Junior Secondary School, AMAC Estate, Lugbe, Abuja, as the school marked the close of its 2024 academic session with a vibrant graduation and prize-giving ceremony on Monday,…

Customs Area 1, Revenue up by 65.3%, as the Command Hits ₦141.6 Billion in First Half of 2025

The Nigerian Customs Service, Area 1, Port Harcourt Command, says it has generated a total revenue of One Hundred and Forty One Billion, Six Hundred and Twenty One Million, Nine Hundred and One Thousand, One Hundred and Eleven Naira, Twenty…

TCN Inaugurates Committee to Drive Power Sector Recovery and Operational Efficiency

In a decisive step toward improving electricity transmission and ensuring a more sustainable power sector in Nigeria, the Transmission Company of Nigeria (TCN) has inaugurated its Performance Improvement Plan/Power Sector Recovery Operation (PIP/PSRO) Committee. The newly established committee, which took…

TCN Mobilizes Rapid Response to Restore Collapsed Transmission Towers on Kainji-Birnin Kebbi Line

The Transmission Company of Nigeria (TCN) has initiated swift remedial action to restore power infrastructure after three towers along the critical 330kV Kainji-Birnin Kebbi transmission line collapsed on May 7, 2025, following severe windstorms. According to a statement released by…

EFCC Witness Tells Court How Former Accountant-General Cornered N868m As Two Jailed for Spraying Naira

In a stark display of Nigeria’s ongoing war against financial misconduct, two separate courtrooms—one in Abuja and the other in Lagos—delivered a strong message on Thursday: whether it is multimillion-naira corruption or the illegal spraying of currency at social events,…

Abia Governor Alex Otti Unveils Bold Reforms on Workers’ Day, Promises Prompt Pay and Transformation

In a landmark address during the 2025 International Workers’ Day celebration at Umuahia Township Stadium, Governor Alex C. Otti, OFR, reaffirmed his administration’s commitment to workers’ welfare, unveiling transformative reforms in pay, infrastructure, and employment. “We have gathered as members…

₦1.5 Trillion Road Boom: FG Greenlights Private Sector to Supercharge Nigeria’s Highway Revolution

In a bold reaffirmation of its infrastructure push, the Federal Government of Nigeria has restated its commitment to mobilising ₦1.5 trillion in private sector investment for the transformation of over 900 kilometers of critical highways across the country. At a…

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…