Abuja Business Reports Newspaper & Magazine

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JAMES EZEMA

Overcoming the Challenges of Money Politics in Nigeria: A Guide for Young Aspiring Political Leaders

Nigeria’s political landscape is notoriously dominated by money politics, where bribery, vote buying, and election rigging are rampant. This can be discouraging for young people who aspire to become political leaders but lack the financial resources to compete. However, it’s…

Court Orders Temporary Forfeiture of $2.04 Million, Lands, and Shares Linked to Former CBN Governor Emefiele

In a significant development, Justice Akintayo Aluko of the Federal High Court in Lagos has ordered the temporary forfeiture of $2.04 million, seven choice landed properties in Ikoyi, and two share certificates of Queensdorf Global Fund Limited trust, all allegedly…

Nigeria’s External Reserves Decline to $36.620bn Amidst Economic Hardship

Amidst economic woes that fueled high cost of living and a recent nationwide hunger protests, Nigeria’s external reserves have decreased by 0.68% to $36.620bn as of August 12, 2024, from $36.872bn recorded on August 7, 2024, according to data from…

Tragedy Strikes Kano As Trailer Truck Destroys Power Tower, Leaving North-Western Communities In Darkness

A devastating incident occurred in Kano State on Sunday, August 11th, 2024, when a trailer truck carrying a container crashed into the base of Tower T16, a critical power transmission infrastructure owned by the Transmission Company of Nigeria (TCN). The…

Revitalizing Nigeria’s Ancient Martial Art: Dambe Warriors League Partners with Ministry of Arts and Culture for Global Recognition

In a groundbreaking move, the Dambe Warriors League (DWL) has secured a prestigious partnership with the Ministry of Arts and Culture, paving the way for the promotion and international exposure of Nigeria’s ancient martial art sport, Dambe. This collaboration is…

Eziani Community Hails Igwe Ezenma’s Repositioning Efforts, Approves Developmental Projects

The residents of Eziani Autonomous Community in Enugu State, including indigenes and non-indigenes, have unanimously commended the traditional ruler, Igwe Anthony Ndidiamaka Ezenma, for his tireless efforts in repositioning the community. The community has witnessed significant transformations since Igwe Ezenma’s…

Group Challenges NNPC Limited’s Oil Theft Claims in Niger Delta, Sends Strong Message to President Tinubu

The Movement for Sustainable Development of the Niger Delta (MSDND) has voiced concerns over the Nigerian National Petroleum Company Limited (NNPC Limited) and its managing director, Mr. Mele Kyari’s allegations of rampant oil theft in the Niger Delta, sending strong…

Multiple Suicide Attacks in Borno State Leave Many Dead, Several People Injured

A series of coordinated suicide bombings rocked Borno State, leaving at least many people dead and more than 40 injured. Reports say no fewer than 18 people died. The attacks occurred in different locations, targeting civilians who were going about…

Former Kogi State Governor Seeks Trial Venue Change in EFCC Case

Alhaji Yahaya Bello, the immediate past Governor of Kogi State, is currently facing a 19-count charge brought against him by the Economic and Financial Crimes Commission (EFCC). In a recent development, Bello’s legal team, led by Mr. Abdulwahab Mohammed, SAN,…

Nigeria Borrowed N7.71 Trillion In Q1 2024 – DMO

In a bid to clarify Nigeria’s debt status, the Debt Management Office (DMO) on Wednesday disclosed that the country’s fresh borrowing totalled about N7.71 trillion in the first quarter of 2024. The DMO explained that the fresh borrowing includes N2.81…