Abuja Business Reports Newspaper & Magazine

…Authoritative Business News Everytime

Law And Order

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…

Russia-Ukraine Crisis Takes Its Toll On Nigeria’s Crude, Affects Inflow into International Markets, Says NNPC Limited

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has provided insight into how the lingering conflict between Russia and Ukraine has impacted Nigerian crude oil inflows in the international oil market, leading to a dip in demand from the once-dependable…

NNPCL Working With NEITI, Other Stakeholders To Reconcile NEITI’s 2021 Report

The Nigerian National Petroleum Company Limited (NNPCL) on Tuesday said that it will continue to collaborate with the Nigeria Extractive Industries Transparency Initiative (NEITI) and all relevant stakeholders in the Reconciliation Committee set up by President Bola Ahmed Tinubu to…

CAC Alerts On Full Application Of Penalties For Failure To File Annual Returns, Sets Deadline

The management of the Corporate Affairs Commission has on Thursday reminded the general public and, in particular, Companies operating in Nigeria, their Directors and Officers that the Companies and Allied Matters Act 2020 (CAMA) requires Companies to file annual returns…

CSOs Back CNPP On Demand For Declaration Of Ifeanyi Ubah’s Seat Vacant, Reopening Of His Subsidy Fraud Case

A frontline Coalition of civil society organisations (CSOs) under the aegis of the Coalition of National Civil Society Organisations (CNCSOs) has joined the Conference Of Nigeria Political Parties (CNPP) in it’s call on the President of the Senate, Senator Godswill…

CNPP Urges Senate President To Declare Ifeanyi Ubah’s Seat Vacant Over Defection

…Gives EFCC 14-days To Reopen Corruption Cases Against Ubah, Capital Oil Conference Of Nigeria Political Parties (CNPP) has reacted to the reported defection of Senator Ifeanyi Ubah to the ruling All Progressives Congress (APC) in what it described as “a…

Kogi Guber 2023: Uja’Ache Decries Alleged State Sponsored Attacks On Citizens, Calls For Synergy Against Traitors

Uja’Ache Citizen’s Mandate Group for good governace has condemned, described the All Progressive Congress (APC) government’s persistence attack on supporters of opposition candidates in Kogi State as disastrous for democracy in Nigeria. The Leadership of the group, Alhaji Isah Ahmed…

Another Group, NSCF Joins Call for Arrest of Leaders of Kyari Must Go Now Group, Says They’re Security Threat

The Northern Stakeholders Consultative Forum (NSCF) has joined the chorus of voices demanding the arrest of leaders of the “Kyari Must Go Now” group, who have made threats to shut down Nigeria’s economic activities by occupying critical national assets and…

Groups Demand Sack Of Mele Kyari, Probe Of Allegations Of Monumental Corruption Entrenched In NNPCL Under Him

The Mega National Movement For Good Governance (MNMGG) has demanded the immediate sack of the Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPCL) The group, which consists of a coalition of 19 youth groups, non-governmental…

Tribunal Sacks Gov Sule, Declares PDP’s Ombugadu Winner Of Nasarawa Governorship Election

The Governorship Election Petition Tribunal sitting in Lafia, the Nasarawa State capital, has nullified the election of Governor Abdullahi Sule of the All Progressives Congress (APC), declaring David Emmanuel Ombugadu of the Peoples Democratic Party (PDP) as the lawfully elected…