Abuja Business Reports Newspaper & Magazine

…Authoritative Business News Everytime

JAMES EZEMA

Anti-graft War: Emir of Zazzau Commends EFCC

The Emir of Zazzau, His Royal Highness Ahmad Nuhu Bamali, has commended the  Economic and Financial Crimes Commission, EFCC, for demonstrating resilience in the fight against economic and financial crimes in the country despite the challenges. He gave the commendation…

Nestlé Nigeria Releases H1 2023 Financial Results, Rakes-in N261.8bn

Nestlé Nigeria PLC has announced a revenue of N 261.8 billion in the first half of 2023, an 17.7% increase compared to its performance in the same period of 2022. Gross profit is N 107.3 billion, an 34% increase over…

Otunba Runsewe Launches #PuttingNigeriaFirst Campaign To Enhance National Unity

A Clarion call has been made to Nigerians from all walks of life to imbibe the culture of putting Nigeria first to arrest the pervading hostility in our socio-political space and mobilize our human and material resources towards the attainment…

Face Your Scandals, Leave INEC Alone, Group Reacts To Chidoka’s Call for INEC Probe

The Northern Emancipation Network (NEN) has taken strong exception to recent call by former Aviation Minister, Osita Chidoka for action against the the Independent National Electoral Commission (INEC) and its leadership. In a strongly-worded statement signed by its Secretary General,…

EFCC Arrests 49 Internet Fraud Suspects in Ekiti, Oyo

Operatives of the Ibadan Zonal Command of the Economic and Financial Crimes Commission (EFCC) have arrested 47 (forty-seven) suspected internet fraudsters. The suspects were arrested on June 23, 2023, at Ikere Road and Iworoko areas of Ado-Ekiti, Ekiti State following…

Tinubu Meets Asari At Presidential Villa As Ex-agitator Vows To End Oil-Theft In Niger Delta

Nigeria’s President, Bola Tinubu has met with former Niger Delta agitator and leader of the Niger Delta Volunteer Force, Alhaji Mujahid Dokubo Asari at the State House, Abuja. Dokubo arrived at the Aso Rock Villa around 11:00 am after which…

Reps Speaker Declares Femi Gbajabiamila’s Seat Vacant

The Speaker of the House of Representatives in the 9th National Assembly and now Chief Of Staff to the President, Femi Gbajabiamila, has resigned his membership of the 10th House of Representatives after moving the first motion in the new…

CBN Has Not Devalued The Naira – Official

Nigeria’s apex bank, the Central Bank of Nigeria (CBN) has denied report that the naira has been devalued contrary to a news report on June 1, 2023, titled “CBN Devalues Naira To 630/$1”. In a statement signed by the Acting…

Kogi Ministry Of Culture & Tourism Felicitates With Gaabaidu On His 59th Birthday Anniversary

The Kogi State Ministry of Culture And Tourism has felicitated with the Chairman Igala Area Traditional Council and President of the Kogi State Council of Chiefs, Dr. Mathew Alaji Opaluwa Ogwuche Akpa II (Gaabaidu), on his rewarding 59th birthday anniversary….

CBN Increases Interest Rate For 3rd Consecutive Time

For the third consecutive time Nigeria’s apex bank, the Central Bank of Nigeria (CBN) has raised the interest rate from 18 percent to 18.5 percent. The CBN governor, Godwin Emefiele, announced the decision on Wednesday after a meeting of the…