Abuja Business Reports Newspaper & Magazine

…Authoritative Business News Everytime

Law And Order

Court Records Show Mutu’s Earlier Acquittal Remains Valid as Fresh Questions Trail Subsequent Forfeiture Judgment

Fresh facts have emerged indicating that the recent judgment of the Federal High Court in Abuja ordering the forfeiture of funds linked to a company associated with Hon. Nicholas Mutu has not invalidated or superseded an earlier judgment of a…

From Rhetoric To Responsibility: Time For The Defence Minister TO Defend Nigerians

By Patrick Yakubu As 2027 approaches, the political reality confronting the Tinubu administration is stark and unforgiving: no amount of campaign messaging, infrastructure projects or policy explanations can outweigh the daily fears of citizens living under the shadow of insecurity….

Suspected Bandits Kill CJTF Operative in Abuja, Injure Another, Flee With N100m Ransom Cash in Jikwoyi

ABUJA, July 5, 2026 – Fresh concerns over the deteriorating security situation in the Federal Capital Territory (FCT) have emerged following the killing of a member of the Civilian Joint Task Force (CJTF) during a midnight gun battle with suspected…

NMDPRA Accused of Undermining Local Refining as CSOs Seek Ban on Fuel Imports

ABUJA – A coalition of civil society organisations has accused the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) of frustrating the growth of domestic refining and protecting entrenched interests in the fuel importation business, warning that the development poses…

General Hydrocarbons Wins at Supreme Court as Apex Court Orders Immediate Handover of FPSO Tamara Tokoni Crude Oil

Abuja, July 3, 2026 – The Supreme Court has handed General Hydrocarbons Limited (GHL) a landmark legal victory by ordering the immediate release of the crude oil aboard the FPSO Tamara Tokoni and overturning the judgment previously delivered by the…

Nigeria’s Security Crisis: Rising Expectations, Growing Questions For Defence Minister Musa

When President Bola Ahmed Tinubu appointed General Christopher Gwabin Musa (retd.) as Minister of Defence, many Nigerians received the decision with optimism. Given his distinguished military career, there was broad expectation that his experience would help reinvigorate the fight against…

Nigerians Must Partner Security Agencies to Defeat Insecurity, Says Matawalle At NADCEL 2026

ABUJA – Minister of State for Defence, Dr. Bello Muhammed Matawalle, has called on Nigerians to actively support the nation’s security agencies and sustain prayers for the country’s leaders, saying collective action remains essential to overcoming Nigeria’s security challenges. The…

Nigeria Positioned To Lead West Africa’s Hydrographic Development — Matawalle

The Federal Government has declared that Nigeria is strategically positioned to emerge as a leading force in hydrographic development across West Africa, as efforts intensify to strengthen maritime security, improve navigational safety, and accelerate the growth of the nation’s blue…

Eid-El-Adha: Matawalle Calls for National Unity, Support for Troops

The Minister of State for Defence, Mohammed Bello Matawalle, has urged Nigerians to embrace unity, tolerance, and peaceful coexistence as Muslims across the country celebrate the Eid-El-Adha festival. In a special Sallah message, Dr. Matawalle congratulated Muslim faithful and Nigerians…

NDLEA Cripples N480bn Transnational Drug Network, Uncovers Largest Meth Factory in Nigeria, Arrests Foreigners

The National Drug Law Enforcement Agency (NDLEA) has dismantled a multi-billion-naira transnational methamphetamine syndicate involving Nigerian and Mexican operatives, in what authorities described as a major victory against organized criminal enterprises threatening Nigeria’s economy and national security. The sweeping operation…