Abuja Business Reports Newspaper & Magazine

…Authoritative Business News Everytime

News

Otunba Runsewe Advocates For Establishment Of Center For African Arts And Culture Studies in Dutch University

As part of efforts to deepen the bilateral and economic relations between Nigeria and the Kingdom of Netherlands, the need to establish an African study centre for arts and culture has been stressed. The Director General National Council for Arts…

Uja’Ache Condemns Official Rascality, Anarchy in Kogi

The leadership of Uja’Ache has strongly condemned the event of Saturday, where the Social Democratic Party (SDP) governorship candidate, Alhaji Murtala Yakubu Ajaka Muri escaped death by hairs breath at Banda village in the vicinity of Lokoja, Kogi State. The…

Subsidy Removal: Over 17 Niger Delta Groups Attack NLC Over Systematic Deception Of Citizens

Over 17 Niger Delta Groups, including the Niger Delta Youth Congress (NDYC), South-South Movement for Good Governance (SMG), the Urhobo Progressive Vanguard (UPV), Niger Delta Women for Change (NDWC), Cross River Youth Democratic Front (CRYDF), and 13 other groups, have…

World Bicycle Day: FCTA to Develop Bicycle Lanes In Abuja Metropolis

The Federal Capital Territory Administration (FCTA), has said that it will support the development of bicycle lanes in the provision of arterial and district infrastructures across the Federal Capital City (FCC), Abuja, in furtherance of climate change mitigation and for…

Unity Bank Grows Gross Earnings to N57bn in 2022FY, Builds Momentum as Profit Grows By 21% in Q1/2023

Nigeria’s retail lender, Unity Bank Plc, has posted a Profit Before Tax of N1.1 billion for its full-year results that ended Dec 2022, even as its gross earnings rose by 13.1% to N57 billion from N50.2 billion in the corresponding…

Entries Open in Nigeria for Glam African Fashion Festival Ahead of Canada Investment Expo

Organisers of the prestigious fashion programme, the Glam African Fashion Festival (GAFF) have announced an upcoming audition event in Nigeria. The audition offers a veritable platform and unique opportunity for African fashion designers to showcase their special talents and exquisite…

Petrol Subsidy Removal: CNPP Says APC Worsening Masses’ Suffering, Calls for Caution

Conference Of Nigeria Parties (CNPP) has urged the Federal Government to exercise caution in implementation of the its petrol subsidy removal, saying that the policy is worsening the suffering of the masses. In a statement signed by its Deputy National…

Subsidy Removal: You Can’t Fool Nigerians Again, CNG Tackles NLC

The Coalition of Northern Groups (CNG) has kicked against what it described as the deceptive move of the Nigeria Labour Congress (NLC) over the removal of fuel subsidy by the federal government. The spokesperson of the group, Abdul-Azeez Suleiman, in…

CBN Has Not Devalued The Naira – Official

Nigeria’s apex bank, the Central Bank of Nigeria (CBN) has denied report that the naira has been devalued contrary to a news report on June 1, 2023, titled “CBN Devalues Naira To 630/$1”. In a statement signed by the Acting…

Marketers Sell At N540 Litre In FCT, Nassarawa As NNPCL Confirms Increase In Fuel Pump Price

As marketers in the Federal Capital Territory (FCT) and Nassarawa State sell petrol at N540 litre, Nigerian National Petroleum Company Limited (NNPCL), has confirmed the full deregulation of the downstream sector of the Nigerian petroleum industry with petrol now selling…