The Abuja Times
Dangote Refinery Sets New Milestone with Record IPO Participation from 120 Countries

Dangote Refinery Sets New Milestone with Record IPO Participation from 120 Countries

OCT 28, 4:45 AM

In a groundbreaking achievement, Dangote Refinery's initial public offering (IPO) has attracted investors from 120 nations, including all 54 African countries, underscoring the continent's capacity to finance and own its industrial future. The successful IPO not only reflects global investor confidence but also establishes a new standard for African capital markets.

Sokoto Assembly Approves Framework for State Police Establishment

Sokoto Assembly Approves Framework for State Police Establishment

OCT 28, 4:15 AM

In a significant move towards enhanced security, the Sokoto State Assembly has approved the establishment of a state police force, aiming to delineate responsibilities between federal and state law enforcement agencies. This decision is expected to bolster local governance and improve public safety measures across the state.

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Nigerian Medical Association Raises Alarm Over Adulterated Beverages in Ondo

OCTOBER 28, 3:15 AM•BY The Abuja Times

The Ondo State chapter of the Nigerian Medical Association warns that counterfeit drinks may be linked to rising cases of liver and kidney diseases among the youth. The association urges regulatory bodies to intensify efforts against fake beverages following alarming health trends.

Nigerian Medical Association Raises Alarm Over Adulterated Beverages in Ondo

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GTCO Reports 12% Decline in Nine-Month Profit Amid Rising Costs

GTCO Reports 12% Decline in Nine-Month Profit Amid Rising Costs

Guaranty Trust Holding Company (GTCO) has announced a 12% drop in profit for the first nine months of the year, attributing the decline to soaring interest expenses that surged by nearly 28%. Despite an increase in interest income, the financial services group is grappling with the pressures of rising operational costs.

BY The Abuja Times• 2 COMMENTS
Corruption Allegations Surface Against Former Aviation Minister Hadi Sirika

Corruption Allegations Surface Against Former Aviation Minister Hadi Sirika

Former Minister of Aviation, Hadi Sirika, faces serious corruption charges related to a controversial N1.3 billion contract awarded to a close associate. Testimonies reveal potential favoritism in the awarding of the Nigeria Air project, raising questions about governance and accountability in Nigeria's aviation sector.

BY The Abuja Times• 0 COMMENTS
Nigeria's Economic Outlook Brightens as Fitch Upgrades Credit Rating

Nigeria's Economic Outlook Brightens as Fitch Upgrades Credit Rating

The Nigerian government has welcomed Fitch Ratings' decision to upgrade the country's credit outlook from Stable to Positive, attributing the change to improvements in foreign exchange reserves and economic reforms. This development signals growing confidence in Nigeria's economic recovery amid easing inflationary pressures.

BY The Abuja Times• 2 COMMENTS

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GTCO Reports 12% Decline in Nine-Month Profit Amid Rising Costs

Guaranty Trust Holding Company (GTCO) has announced a 12% drop in profit for the first nine months of the year, attributing the decline to soaring interest expenses that surged by nearly 28%. Despite an increase in interest income, the financial services group is grappling with the pressures of rising operational costs.

OCTOBER 27, 4:45 PM•BY The Abuja Times
GTCO Reports 12% Decline in Nine-Month Profit Amid Rising Costs

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Tributes Flow as Toluwanisings' Wife Remembers Late Gospel Artist
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Tributes Flow as Toluwanisings' Wife Remembers Late Gospel Artist

OCT 27, 10:45 PM•BY The Abuja Times

At a heartfelt tribute night, Toluwanisings' wife expressed her profound grief, stating, 'I will forever miss you,' following the sudden passing of the beloved gospel artist. The event brought together friends, family, and fans to honor his impactful life and legacy.

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The Abuja City Gate
Airport Road, Abuja•Photo: FCT Photo Desk

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