Abuja Business Reports Newspaper & Magazine

…Authoritative Business News Everytime

Economy

Cash Withdrawal Limits: Ezekwesili Attacks CBN, Bemoans Policy


The newest policy of the Central Bank of Nigeria (CBN) on cash withdrawal limits to N100,000 per week (from over-the-counter, point-of-sale [POS] machines or automated teller machines known as ATM), while organisations can access N500,000 per week has attracted reaction…

NDE Empowers 42 Youths To Boost Agro-business In Oyo

In a bid to ensure food security, employment generation and reduction in crime rate in the country, the National Directorate of Employment, NDE, has empowered 42 beneficiaries comprising of youths and women to boost agro-business in oyo state. The beneficiaries…

CNPP Tackles Critics Of New CBN Withdrawal Limits

… Says Getting Leadership Right Is Worth Every Sacrifice Conference Of Nigeria Political Parties (CNPP) has said that critics of the new cash withdrawal limits imposed by the Central Bank of Nigeria (CBN) are missing the key gains of the…

SDP Presidential Candidate Mourns Ex-Minister, Says Nigeria Would Have Been Industrial Giant If Unongo’s Dreams Were Realised

The Presidential Candidate of the Social Democratic Party (SDP), Prince Adewole Adebayo has joined other Nigerians in mourning the death of a second republic minister of Power and Steel, Dr. Paul Unongu, lamenting that Nigeria would have become an industrial…

Bank Failure: NDIC Assures Nigerians Of Safety Of Deposit

The Nigeria Deposit Insurance Corporation (NDIC) has assured bank depositors of the safety of their monies in banks even in unlikely event of bank failure. Dr Kabiru Katata, Director, Research Policy and International Relations Department of NDIC, said this on…

Why Many Nigerians Are Poor Despite Rich Natural Endowments – SDP Presidential Candidate, Prince Adewole Adebayo Reveals

The presidential candidate of the Social Democratic Party (SDP), Prince Adewole Adebayo has given reasons why government is responsible for the abject poverty in Nigeria amid rich natural endowments, saying that his party is the most consistent political parties in…

Ministry Exceeds 2022 Target, To Hit N10bn By December

The Ministry of Mines and Steel Development says it has exceeded its 2022 revenue target of about N7 billion and will hit an excess of N10 billion by the end of the year. The Minister, Olamilekan Adegbite, said this when…

CNPP Hails Emefiele, Buhari Administration Over Unveiled Redesigned Naira, Says New Currency Is Legacy Achievement

Conference Of Nigeria Political Parties (CNPP) has commended the Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele and the President Muhammadu Buhari administration on the successful unveiling of the redesigned naira notes, saying the redesign will remain…

Buhari Unveils Redesigned Naira Notes

President Muhammadu Buhari has unveiled the redesigned naira notes of N200, N500 and N1000 at the Council Chamber of the Presidential Villa Abuja on Wednesday. The News Agency of Nigeria (NAN) reports the unveiling of the naira notes preceded the…

Governor Sule Presents N148. 9bn 2023 Budget To Nasarawa Assembly


Governor Abdullahi Sule of Nasarawa State has presented a budget of N148.9 billion for the 2023 fiscal year to the State House of Assembly for  approval. Sule laid the appropriation bill tagged “Budget of Economic Consolidation and Continuity” before the…