Abuja Business Reports Newspaper & Magazine

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JAMES EZEMA

TCN Commends NSCDC for Foiling Attempted Vandalism at Osogbo Transmission Substation

The Transmission Company of Nigeria (TCN) has praised the Osun State Command of the Nigeria Security and Civil Defence Corps (NSCDC) for the swift arrest of three suspected vandals who were caught dismantling critical transmission infrastructure at the Osogbo Transmission…

Manufacturers Abandon Costly Bank Loans as High Interest Rates Reshape Corporate Financing in Nigeria

Nigeria’s manufacturing sector is undergoing a significant and strategic shift as leading companies continue to turn away from bank loans due to the prevailing high-interest-rate environment. Fresh financial disclosures covering the first nine months of 2025 (9M’25) show that manufacturers…

Otukpo–Yandev 132kV Line: Local Vigilantes Nab Five Vandals As Communities Unite

The Transmission Company of Nigeria (TCN) on Thursday announced a major breakthrough in its campaign to safeguard critical power infrastructure following the arrest of five suspected vandals in Benue State. According to a statement signed by the General Manager, Public…

Why FG Revoked Mararaba–Keffi Road Contract As Umahi Orders Local Firms to Take Over

In a decisive move to uphold engineering integrity and accountability in Nigeria’s road infrastructure projects, the Federal Government has revoked the reconstruction and expansion contract of the Mararaba–Keffi dual carriageway previously awarded to China Harbour Engineering Company. The Minister of…

Experts Call for Accountability, Data-Driven Reforms as Nigeria Launches First Country Health Profile in Africa

Nigeria has made history as the first country in Africa to produce a Country Health System and Services Profile (CHSSP) — a comprehensive 295-page report jointly developed by the Federal Ministry of Health and Social Welfare, the World Health Organization…

FG Launches Free Business Registration for 250,000 Small Enterprises — CAC, SMEDAN Sign Landmark MoU in Abuja

In a bold move to accelerate the growth of small businesses and strengthen Nigeria’s entrepreneurial ecosystem, the Corporate Affairs Commission (CAC) and the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) have unveiled a free business registration scheme targeting…

Nigeria, Bangladesh Deepen Ties with Joint Youth Booth Camp Initiative

In a move to strengthen youth diplomacy and cooperation, Nigeria and Bangladesh are set to co-host a groundbreaking Youth Booth Camp aimed at promoting youth engagement, entrepreneurship, and cultural exchange. The initiative follows a strategic meeting convened by the Ministry…

Chinese Customs Data Signals Africa’s Solar Dawn

When the history of Africa’s energy transformation is written, the evidence may not be found in government communiqués or international summits, but in the trade records of Chinese customs. Fresh data from Beijing shows Africa is importing solar panels at…

TCN Refutes Explosion Claim, Clarifies Cause of Onitsha Power Outage

The Transmission Company of Nigeria (TCN) has dismissed reports by the Enugu Electricity Distribution Company (EEDC) alleging that an explosion at its Onitsha Sub-Region facility caused recent power disruptions in parts of Anambra State and Oji River in Enugu State….

TCN Intensifies Anti-Vandalism Drive, Sensitizes Edo Communities

The Transmission Company of Nigeria (TCN) has intensified its campaign against vandalism of power infrastructure with a sensitization programme held in Umelu Community, Benin City, Edo State. The event, which took place on August 20, 2025, at the palace of…