Abuja Business Reports Newspaper & Magazine

19/04/2024

10 Compelling Reasons to Embrace Insurance for a Secure Future

Discover 10 compelling reasons why you should embrace insurance for a secure future. From financial protection to legal support, ....

07/04/2024

Police Burst Abuja Hideous, Nab 85 Criminal Suspects
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Share To Social MediaTweetThis post has already been read 84 times!Amid the continued efforts to make Abuja safer, Police in the Nigeria’s Federal Capital Territory (FCT), have raided identified black spots and criminal hideouts in parts of the capital city,...

08/02/2024

President Tinubu’s 8-Point Agenda Receives A Boost As CAC Unveils Registration Of 2 Million Businesses

The CAC boss therefore expressed delight over the collaboration with Moniepoint to develop the MSMEs sector, which will undertake the project

08/02/2024

High Cost Of Food: Tinubu Orders Release Of 102,000 Metric Tons Of Grains

President Bola Ahmed Tinubu ordered release of 102,000 metric tons of various grains from National Food Reserve as well as the Rice Millers...

18/12/2023

The national Leadership of the Association of Local Governments of Nigeria (ALGON), has announced the appointment of an Acting Director General (DG) of its Association, this followed the expiration of the tenure of its erstwhile DG, Mrs. Binta Adamu Bello, recently. According to an earlier resolution of the National Executive Council (NEC) and the Board of Trustees (BOT) on the need to ensure that vacuum does not exist in administration of its national office, NEC conveyed its resolve to appoint the new Acting DG vie a letter to Enekwe....

The national Leadership of the Association of Local Governments of Nigeria (ALGON), has announced the appointment of an Acting Director General (DG) of its Association, this followed the expiration…

18/12/2023

…Says IMC Is Dead And ALGON Now A One United Family The 45th National Executive Council meeting of the Association of Local Governments of Nigeria (ALGON) has ended in Abuja the nations capital. The meeting venue was agog when one Abdullahi Maje the former Chairman of Suleja local government and Chairman of the proscribed IMC made entry to the venue while meeting was in progress....

…Says IMC Is Dead And ALGON Now A One United Family The 45th National Executive Council meeting of the Association of Local Governments of Nigeria (ALGON) has ended in Abuja the nations capital. Th…

17/12/2023

Nigerians stood united for Africa and global impact as dignitaries from all over the country were treated to Africa and continental delicacies at the first ever Loveworld State Dinner organised by the Loveworld Incorporated at the Transcorp Hilton Abuja yesterday. Welcoming guests at the august event, Dr. Daysman Oyakhilome who is the President of the United Youth of Africa Nation (UYAN), appreciated the founder and president of the Loveworld Incorporated, also known as Christ Embassy, Rev....

Nigerians stood united for Africa and global impact as dignitaries from all over the country were treated to Africa and continental delicacies at the first ever Loveworld State Dinner organised by …

15/12/2023

The recent visit by the Minister of Defence, Bello Matawale, to the United States of America has been commended by several Northern groups under the North Central Stakeholders Forum for its immense significance in addressing the fight against terrorism and other security challenges in Nigeria. The Stakeholders Forum, in a statement signed by its Convener, Mohammed A. Mohammed noted that the visit, which involved engaging in discussions with members of the US Congress, was meant to strengthen bilateral cooperation, share intelligence, and seek support in combating terrorism....

The recent visit by the Minister of Defence, Bello Matawale, to the United States of America has been commended by several Northern groups under the North Central Stakeholders Forum for its immense…

14/12/2023

Conference Of Nigeria Political Parties (CNPP) and its allied civil society organisations (CSOs) under the aegis of the Coalition Of Civil Society Organisations Against Inept Leadership, have called for forensic probe of the Nigerian National Petroleum Company Limited (NNPCL) and the defunct Nigerian National Petroleum Corporation (NNPC) over years of unremitted and under remitted revenues. The CNPP and the CSOs were reacting to the indictment of the Federal Government owned NNPC Limited by the World Bank over lack of transparency in the financial gains from fuel subsidy removal as well as observations of the global bank on subsidy arrears that are still being deducted and the impact of subsidy removal revenues accruing to the Federation Account....

Conference Of Nigeria Political Parties (CNPP) and its allied civil society organisations (CSOs) under the aegis of the Coalition Of Civil Society Organisations Against Inept Leadership, have calle…

12/12/2023

Conference of Nigeria Political Parties (CNPP) has reacted to the political development in Rivers State where 27 lawmakers elected on the platform of the Peoples Democratic Party (PDP) into the state House of Assembly reportedly defected to the All Progressives Congress (APC). In a statement signed by its Deputy National Publicity Secretary, James Ezema, the CNPP urged the defecting legislators to immediately vacate their seats, calling on the Independent National Electoral Commission (INEC) to conduct a bye-election in the affected state constituencies “for the people to choose their representatives.”...

Conference of Nigeria Political Parties (CNPP) has reacted to the political development in Rivers State where 27 lawmakers elected on the platform of the Peoples Democratic Party (PDP) into the sta…

12/12/2023

The Honourable Minister of State for Defence (HMOSD) Dr Bello Muhammad Matawalle has commended the Nigerian Army over their recent efforts in operations around Tungar Mangwaro in Niger State yesterday 10 December 2023 which led to the neutralization of over 30 armed Bandits amongst which were two notorious bandits, Ali Kawajo and Shehu Rakef. Ali Kawajo was the mastermind behind the train bombing attack and kidnap of over 100 passengers in 2022 and also the recent kidnap of students of Federal University Gusau in Zamfara State....

The Honourable Minister of State for Defence (HMOSD) Dr Bello Muhammad Matawalle has commended the Nigerian Army over their recent efforts in operations around Tungar Mangwaro in Niger State yester…

09/12/2023

As the festive season approaches, OPPO is spreading the joy and love with arrays of unbeatable Christmas sales, as it is slashing prices on some of its most popular Smartphones. Whether you're treating yourself or finding the perfect gift for a loved one, OPPO's limited-time offers are sure to bring the magic of technology into customers' festive celebrations. Unbeatable Prices for a Limited Time:...

As the festive season approaches, OPPO is spreading the joy and love with arrays of unbeatable Christmas sales, as it is slashing prices on some of its most popular Smartphones. Whether you’r…

08/12/2023

If the names of technocrats, pace setters, track record performers and people of integrity, diligence and transparency whose midas touch in the country's social political and economic firmaments are to be written for record purpose, the name of the Group Chief Executive Officer (GCEO) of the Nigeria National Petroleum Corporation Limited (NNPCL), Malam Mele Kyari, would be written in gold....

If the names of technocrats, pace setters, track record performers and people of integrity, diligence and transparency whose midas touch in the country’s social political and economic firmame…

04/12/2023

The North Central Citizens Council (NCCC), alongside other concerned individuals and groups, has raised serious concerns regarding the inconsistencies and contradictions in judicial decisions, particularly since the March 2023 governorship elections in most Northern Nigerian states. These decisions, they said in a statement signed by the Coordinator of the NCCC, Comrade Mohammed Eneji, have created general confusion and uncertainty across the North, exacerbating the disquiet caused by political opportunism and corruption....

The North Central Citizens Council (NCCC), alongside other concerned individuals and groups, has raised serious concerns regarding the inconsistencies and contradictions in judicial decisions, part…

03/12/2023

The National Drug Law Enforcement Agency (NDLEA) says it has thwarted attempts by drug syndicates to export various illicit substances including methamphetamine and opioids concealed in hems of new jeans trousers, dolls, buttons, local soap and tins of beverage to Europe, United Arab Emirate and Asia at some courier firms in Lagos. According to a statement by the agency’s spokesman, Femi Babafemi, on Sunday, December 3, some of the consignments intercepted by NDLEA operatives of the Directorate of Operations and General Investigation, DOGI, at courier houses in Lagos include: tramadol 225mg concealed in hems of new jeans trousers heading to Cyprus; shipment of cannabis sativa hidden in heads of dolls going to Dubai, UAE; and sachets of tramadol 225mg buried in tins of milo beverage going to UAE....

The National Drug Law Enforcement Agency (NDLEA) says it has thwarted attempts by drug syndicates to export various illicit substances including methamphetamine and opioids concealed in hems of new…

30/11/2023

Executive Chairman of the Economic and Financial Crimes Commission (EFCC) Ola Olukoyede has called for closer working relationship with the Federal Inland Revenue Service (FIRS) in tackling tax evasion and fraud in the extractive industry. He made this call on Wednesday, November 29, 2023 while receiving the Chairman of FIRS, Zacch Adedeji at the corporate headquarters of the EFCC in Abuja....

Executive Chairman of the Economic and Financial Crimes Commission (EFCC) Ola Olukoyede has called for closer working relationship with the Federal Inland Revenue Service (FIRS) in tackling tax eva…

29/11/2023

A South East traditional ruler, who was a top political activist, His Royal Majesty, Eze-Igwe W***y Ezugwu, has felicitated top oil merchant and the Chairman of Atlas Oranto Petroleum International, Prince Arthur Eze, on his 75th birth anniversary. The monarch, who is the Eze Ogbozarra III of Opi Ancient Kingdom, the Igwe of Ibagwa Ogbozarra Opi Autonomous Community, and the Eze Ka Eze 1 of Ideke land, Nsukka, congratulated the entrepreneur and statesman in his goodwill message as contained in a statement he personally signed and issued to newsmen in Abuja on Tuesday....

A South East traditional ruler, who was a top political activist, His Royal Majesty, Eze-Igwe W***y Ezugwu, has felicitated top oil merchant and the Chairman of Atlas Oranto Petroleum International…

28/11/2023

…Urges NNPC GCEO To Keep Walking the Talk The Chairman of Skymark Energy and Power, Alhaji Muhammad Saleh Hassan, has hailed President Bola Ahmed Tinubu for his reappointment of the Group Chief Executive Officer (GCEO) of the Nigeria National Petroleum Company Limited (NNPCL), Malam Mele Kyari for another term. The energy stakeholder who made the commendation in a statement in Abuja on Tuesday, said that the appointment was one of the best things that had happened in the nation's polity since the beginning of President Tinubu's administration....

…Urges NNPC GCEO To Keep Walking the Talk The Chairman of Skymark Energy and Power, Alhaji Muhammad Saleh Hassan, has hailed President Bola Ahmed Tinubu for his reappointment of the Group Chief Exe…

28/11/2023

A Coalition of SouthWest Groups, under its umbrella body, the Coalition Of The Yoruba Youth Network (YYN), comprising the South West Blossom Brigade (SBB), the Odua Youth Frontiers (OYF), the Yoruba Youth Empowerment Forum (YYEF), the Voice Of Yoruba Youths (VOYY), the Odua Progressive People Assembly (OPPA) and no fewer than fourteen other youth organizations, non-governmental organizations (NGOs) and civil society organizations (CSOs) have reacted to the Court of Appeal judgment on the Kano State governorship election petition between Governor Abba Kabir Yusuf and the All Progressives Congress (APC) as it relates to the integrity of the Nigerian Justice System....

A Coalition of SouthWest Groups, under its umbrella body, the Coalition Of The Yoruba Youth Network (YYN), comprising the South West Blossom Brigade (SBB), the Odua Youth Frontiers (OYF), the Yorub…

24/11/2023

The Northern Elders Forum (NEF) has said that it is deeply worried about the current state of affairs within the Nigerian judiciary, describing the current trends of verdict emanating from the elections petition courts as a significant threat to the country's democracy. In a press statement, NEF's Convener, Professor Ango Abdullahi, stressed the need for the judiciary to be cautious in its actions to prevent the erosion of its integrity, public trust, and confidence....

24/11/2023

The Bank of Industry (BOI) has revealed the number of households and companies that have benefited from the Bank’s N5.3 billion COVID-19 Action Recovery and Economic Stimulus (NG-CARES) programme disbursements in four years. Speaking on Thursday at NG-CARES Stakeholders Engagement Workshop for States and Partners, the Managing Director of BOI, Dr Olasupo Olusi said over 41,000 households and companies are the beneficiaries....

The Bank of Industry (BOI) has revealed the number of households and companies that have benefited from the Bank’s N5.3 billion COVID-19 Action Recovery and Economic Stimulus (NG-CARES) programme d…

21/11/2023

The Osun State Governor, Senator Ademola Nurudeen Jackson Adeleke, has been awarded the Most Outstanding Governor of the Year and conferred as Grand National Patron of the Cooperative Rating & Award Society of Nigeria (CRASoN). The Governor received the Award at the 5th National Cooperative Awards Dinner and Patrons Investiture Ceremony held at the NECA Event Center, Alausa, Ikeja, Lagos, by the CRASoN....

The Osun State Governor, Senator Ademola Nurudeen Jackson Adeleke, has been awarded the Most Outstanding Governor of the Year and conferred as Grand National Patron of the Cooperative Rating & …

09/11/2023

The 30th session of the Executive Committee meeting of the United Cities and Local Governments of Africa (UCLGA) has ended in Lagos, Nigeria. The UCLA is an amalgam of duly constituted leaders of African local governments with a pledge to overcome barriers inherited from colonisation and work towards the continental unification of member local governments. In his welcome address to August presence of the 45 active members elected by the General Assembly with 9 persons drawn from each of the five sub-regions of Africa and other guests, the ALGON National President welcomed participants on behalf of the over 774 Local Governments in Nigeria, the people of Lagos State and Nigeria as a whole....

The 30th session of the Executive Committee meeting of the United Cities and Local Governments of Africa (UCLGA) has ended in Lagos, Nigeria. The UCLA is an amalgam of duly constituted leaders of A…

08/11/2023

Conference Of Nigeria Political Parties (CNPP) and civil society organizations under the aegis of the Coalition Of Civil Society Organizations Against Inept Leadership have lampooned group defending refusal the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Malam Mele Kyari, to account for the sold stolen Nigeria's Bonny Light Crude Oil valued at 4.8 Billion Dollars sold in China under his watch in 2015 as revealed by a whistle blower....

Conference Of Nigeria Political Parties (CNPP) and civil society organizations under the aegis of the Coalition Of Civil Society Organizations Against Inept Leadership have lampooned group defendin…

07/11/2023

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 investigate, review and reconcile the financial records on alleged indebtedness to the Federation by both NNPC Ltd. and the Federation Accounts Allocation Committee, FAAC....

07/11/2023

In a remarkable display of readiness and commitment to ensuring a safe and secure environment for the upcoming off-cycle gubernatorial election, the Combined Force for Operation Safe Conduct in Kogi State was officially flagged off with a Show of Force by the General Officer Commanding (GOC), 2 Division Nigerian Army, Major General Bamidele Alabi. The Acting Deputy Director, 2 Division Army Public Relations, Charles Ekeocha, a Lieutenant Colonel, in a statement said that the flag Off which took place on 6 November 2023 at the 12 Brigade, Nigerian Army Parade Ground, Chari Maigumeri Barracks, Lokoja, signposts the readiness and preparations the Nigerian Army has over the years put in place in support of other stakeholders in the electoral process in Nigeria and Kogi State in particular....

04/11/2023

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 with the Commission annually. In a statement published on the CAC website, the Commission noted that the reminder was “informed by what the Commission has observed as large scale non-compliance with this requirement by Companies, notwithstanding that the Companies Regulations 2021 prescribe stiffer penalties than are presently applied by the Commission for non-compliance.” …...

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 an…

04/11/2023

Retail lender, Unity Bank Plc has recorded gross earnings of N38 billion for the nine-month period ended September 30, 2023, with customer deposits appreciating by 5% to N344.4 billion within the period, indicating business growth and customer confidence in the Bank. A review of the lender’s unaudited nine-month results released to the Nigerian Exchange Group Limited showed that the Bank continued to maintain its expansionary and customer-centric model with total loans and advances rising to N222.8 billion, even as interest and similar income stood at N33 billion, which underscores the Bank’s strategic focus to reinvigorate and sustain asset creation that will deliver returns to shareholders....

Retail lender, Unity Bank Plc has recorded gross earnings of N38 billion for the nine-month period ended September 30, 2023, with customer deposits appreciating by 5% to N344.4 billion within the p…

04/11/2023

President Bola Tinubu has directed the reactivation of the Presidential Delivery Tracker to empower Nigerians to track the implementation of projects across the country in real time. The President stated this at the closing session of the three-day Cabinet Retreat, on Friday in Abuja. Tinubu said that his determination to ensure the active and direct participation of citizens in governance was unwavering, noting that all Nigerians must be given the opportunity to track and report on the implementation of projects across the country....

President Bola Tinubu has directed the reactivation of the Presidential Delivery Tracker to empower Nigerians to track the implementation of projects across the country in real time. The President …

01/11/2023

PrPresident Bola Tinubu has warned his 48 Ministers and other top appointees against under-performance otherwise they will be shown the way out of the cabinet. This is even as the President also said he would not complain about the heavy task of piloting the country through economic and social recovery, stating that he had accepted to take responsibility for his predecessor’s failures and success....

PrPresident Bola Tinubu has warned his 48 Ministers and other top appointees against under-performance otherwise they will be shown the way out of the cabinet. This is even as the President also sa…