Abuja Business Reports Newspaper & Magazine

…Authoritative Business News Everytime

JAMES EZEMA

Itunnu: Father Rejects Autopsy Report, Asks for FG Support

Lagos, Dec. 28, 2021: Mr Emmanuel Babalola, father of late Itunnu Babalola, a.k.a Bekky Paul, who was wrongfully jailed and died in Cote d’Ivoire prison, has formally rejected the autopsy report carried out on the body of his 24-year-old daughter….

Every Nigerian Should Receive God’s Great Blessing This Season, Osinbajo Says On Christmas Day

As Christians all over the world celebrate the birth of Jesus Christ, Vice President Yemi Osinbajo, SAN says because “God is with us”  Nigerians irrespective of different backgrounds will prosper, experience peace, and will be blessed in everything that they…

TCN Completes 330KV Line Patrol, Energises Second 330kV Akangba – Ikeja West Line On Full Load

Sequel to the vandalized pipeline fire which brought down five towers and a 330kV line, TCN has energized the second 330kV Akangba – Ikeja West linl which had before the fire incident served as a redundant line on that axis,…

5 Towers Collapse in Lagos As Inferno From Vandalized Pipeline Destroys Transmission Line

An inferno caused by a vandalized pipeline along Isheri Olofin, off Igando – LASU expressway of Lagos State, has caused massive damage to 330kV Ikeja-West Akangba transmission line 1, burning off a large portion of the conductor. The General Manager…

NNPC Rakes in N203bn from Petroleum Products Sale in July 2021

…As Gas Production Goes Up 4% A total sum of ₦203.73billion was made on the sale of white products in the month of July 2021 by the Petroleum Products Marketing Company (PPMC), a downstream subsidiary of the Nigerian National Petroleum…

NNPC Not Conducting Survey, NOT Recruiting – Says Spokesman

The Nigerian National Petroleum Company Limited (NNPC), wishes to draw the attention of the general public to a fake competition trending online which claims to celebrate a so called “Anniversary Event”. The Group General Manager, Group Public Affairs Division, Garba…

Petrol: NNPC Hails Nigerians for Heeding Advisories Against Panic Buying

The Nigerian National Petroleum Company (NNPC) Ltd has expressed its appreciation to Nigerians for always heeding its advisories not to engage in panic buying of petrol. A statement signed by its Group General Manager, Group Public Affairs Division, Garba Deen…

NNPC Records ₦141.96bn Trading Surplus

The Nigerian National Petroleum Company (NNPC) Limited has announced a huge leap in trading surplus of ₦141.96billion recorded in June 2021 compared to a deficit of ₦37.46Billion in May 2021. This is contained in the June 2021 figures of the…

BPE Names AEDC Interim Management As Akinwumi Emerges MD

The Bureau of Public Enterprises (BPE) on Thursday named members of the interim management team for the Abuja Electricity Distribution Company (AEDC) Plc. In a statement signed by Amina Tukur Othman, the head, Public Communications for the Bureau, declared Bada…

TCN Explains Power Outage in Abuja, Nasarawa, Kogi, Other States

The Management of the Transmission Company of Nigeria (TCN) bas informed the general public that it has available bulk power for delivery to the distribution load centres of the Abuja Electricity Distribution Company (AEDC) to offtake for its customers. The…