BUSINESS
COVID-19: Economic council meets Buhari, warns of recession
The Presidential Advisory Council on Tuesday warned about dire economic consequences for Nigeria if the raging coronavirus infection was not contained as quickly as possible. The council, which is chaired by Prof Doyin Salami, met with the President, Major General Muhammadu Buhari (retd.), at the State House, Abuja. It said one of the immediate consequences, as shown in the crash of...
Tinubu To Present N26.1 Trillion 2024 Budget To National Assembly November
President Bola Tinubu will present the proposed N26.1trillion 2024 budget estimates to joint session of the National Assembly early next month, the Senate revealed on Wednesday. Ahead of the presentation, the Senate through its committee on Appropriations , has summoned the Ministers of Finance , Wale Edun and his counterpart on Budget and Economic Planning , Senator Atiku Bagudu ,...
Hardship Comment: APC Governors Caution PDP Against Inciting Nigerians Against Govt
The Progressive Governors’ Forum has cautioned their counterparts in the Peoples Democratic Party (PDP) against utterances and actions capable of inciting the masses against the Federal Government. In a statement in Abuja on Tuesday, the Chairman of the Progressive Governors’ Forum and Governor of Imo State, Senator Hope Uzodinma said the economic and security challenges confronting the nation needed a...
Ganduje Hits FG: World Bank, IMF Is Against Naira Redesign, You’re Defending It
Kano state governor, Abdullahi Umar Ganduje, has said the Naira notes redesign policy brought by President Muhammadu Buhari-led government is beyond a plot against any presidential ambition but targeted at truncating democracy. Ganduje, who spoke late Wednesday when he met with the Forum of Former Parliamentarians, North-west zone, who came to intimate him of their resolve to support the presidential...
No Condition Regarding Lifting Of Twitter Ban Was Given – FG Makes U-Turn
The Federal Government has stated that no condition was given for the lifting of suspension placed on Twitter’s operations in Nigeria, ABN TV reports. On Monday, Minister of Foreign affairs, Geoffrey Onyeama met with envoys from the UK, US, Ireland, Canada and the European Union to explain the government’s decision on Twitter. It was widely reported that the minister stated...
U.S. Flags Corruption, Trade Barriers In Nigeria In 2025 Report
The United States has raised serious concerns about corruption, lack of transparency, and weak judicial processes in Nigeria, according to the 2025 National Trade Estimate Report on Foreign Trade Barriers issued by the U.S. Trade Representative's Office. The report highlights that corruption is a major obstacle to trade and investment in Nigeria. U.S. companies often face inappropriate demands for...
BREAKING: Buhari, Emefiele, Kyari, Others Hold Emergency Meeting Over Oil Crash
President Muhammadu Buhari and officials dealing with government finances are meeting right now. Those attending are the Minister of Finance, Budget and National Planning, Zainab Ahmed; Minister of State Petroleum Resources, Timipre Sylva; and the Minister of State, Budget/National Planning, Clement Agba. Other officials of government attending the meeting include the Governor of the Central Bank of Nigeria, Godwin Emefiele; and...
FG Considers Direct Flight To Pakistan
The Federal Government is working out modalities to begin direct air services to Pakistan, in its efforts to boost trade volume between both nations currently pegged at $210 million and ultimately offer more flight connections to Nigerians. To this end, the Minister of Aviation, Mr Hadi Sirika, at the weekend, led a delegation to Islamabad, Pakistan, where he met with...
Ex-Abia Governor, Ikpeazu Participates In Investment Promotion Event In Australia (Photos)
His Excellency Dr. Okezie Victor Ikpeazu, the former governor of Abia State, recently attended a two-day investment promotion event between the Australian and Nigerian governments. ABN TV gathered that the event was organized by the Nigerian High Commission in Australia, in collaboration with the Australia-Africa Chamber of Commerce. During the event, Dr. Ikpeazu delivered a keynote address on "Efforts by Sub-National...
MTN Pays $253.86m Balance To NCC For 5G Licence
MTN Nigeria has paid the remaining $253.86 million to complete the $273.6 million fifth-generation (5G) licence fee to the Federal Government before the February 24 deadline, an industry source said on Thursday. MTN and Mafab Communications were allocated slots for the 3.5 gigahertz (GHz) spectrum dedicated to the deployment of the technology after emerging winners conducted by Nigerian Communications Commission...
