Abuja Business Reports Newspaper & Magazine

…Authoritative Business News Everytime

JAMES EZEMA

TCN Explains Outages in FCT Despite Capacity To Supply Adequate Power

The Transmission Company of Nigeria (TCN) has stated that the current power supply situation in Abuja is not attributable to inadequate transmission capacity resulting from the Gwagwalada tower vandalism incident of 26th February, 2024. The transmission company in a statement…

Mining Sector: Alake Pledges Commitment To Empowering Women With Relevant Skills

The Minister of Solid Minerals Development and Chairman of the African Minerals Strategy Group (AMSG), Dr. Dele Alake has affirmed the commitment of the African continent to equipping women with requisite skills to participate actively in the mining sector value…

Tinubu To Qatari Investors: My Administration Removing Bottlenecks, Enhancing Nigerian Economic Systems

President Bola Tinubu has assured the international business community that Nigeria is ready for serious business as his administration will deal decisively with any and all entrenched interests in the country who undermine investor confidence, pledging to remove all bottlenecks…

TCN’s Tower 70 Along 330kV Gwagwalada – Katampe Transmission Line Vandalised

The Transmission Company of Nigeria (TCN) has stated that its Tower 70 along its 330kV Gwagwalade – Katampe Transmission line has been vandalised with the tower standing precariously on the ground. The TCN’s General Manager, Public Affairs, Ndidi Mbah, in…

Highlights of Federal Executive Council Decisions on Monday 26 February

By Bayo Onanuga Here are some of the highlights of the far reaching decisions taken today at the Federal Executive Council meeting, chaired by President Bola Ahmed Tinubu. The implementation involves merging, subsuming and scrapping agencies with similar functions. The…

TCN Suffers Setback As Vandals Destroy Its Two 330kV Transmission Towers

The Transmission Company of Nigeria (TCN) has suffered major setback after the vandalism and destruction of two of its transmission towers. The destroyed towers are T377 and T378, along the Gombe – Damaturu 330kV transmission line on Friday, February 23,…

President Tinubu Directs Mandatory Recitation Of National Pledge After National Anthem At Official Functions

To ensure absolute respect for the national symbols, strengthen allegiance and fidelity to country, and to preserve Nigeria’s ethos and defining character, President Bola Tinubu has directed the mandatory recitation of the National Pledge after the National Anthem at every…

Dabiri-Erewa Commends Humanitarian Efforts Of A Nigerian-Canadian, Gives Palliatives To IDP Camp

The Nigerians in Diaspora Commission under the leadership of Hon. Abike Dabiri-Erewa has applauded the the humanitarian disposition of a Nigerian-Canadian, Ms. Vivian Etuka, as she visited IDP Camp and Orphanages in Abuja with food items, clothes, toys and books…

Old, New Banknotes Remain Legal Tender — CBN Says, Reassures Of Adequate Naira Notes Supply

The Central Bank of Nigeria (CBN) has reiterated that old and redesigned notes issue by it remains legal tender and must not be rejected by anyone in the country. This was contained in a statement issued by the Director, Corporate…

Youths In Nigeria Join Call For Review of Protracted Sanctions on Zimbabwe

Youths in Nigeria under the aegis of the Not Too Young To Perform (NTYTP), a leadership development advocacy group, have joined calls for the immediate review of over 20-year-old sanctions against the Republic of Zimbabwe. In a statement signed by…