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1 month ago | 
businessday.ng | Anthony Ailemen |Ladi Patrick-Okwoli
.As FG mulls with new creative, tourism initiativePoliticians who left Lagos for Abuja after the victory of President Bola Tinubu in 2023 are lifting the capital city’s entertainment industry, boosting the Federal Capital Territory (FCT)’s night life. Abuja residents say that parties, often known as ‘Owambe’ in Yoruba language, are now being conducted every day, with unknown musicians such as MC Resonance and Chapman gaining prominence and also making money. The food sectr is also growing.
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1 month ago | 
businessday.ng | Anthony Ailemen |Tony Ailemen |Ladi Patrick-Okwoli
The migration of affluent individuals and politicians from Lagos to Abuja has sparked the capital city’s real estate boom, driving prices of luxury properties in highbrow areas such as Maitama, Asokoro, and Guzape by at least 200. The individuals, who came into Abuja after the 2023 presidential election victory of Bola Tinubu, have raised the demand for real estate in the high-brow areas as they purchase homes and offices at prices ranging from N500 million to N3 billion.
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2 months ago | 
businessday.ng | Onyinye Nwachukwu |Anthony Ailemen |Ladi Patrick-Okwoli
Adebowale Adedokun, newly appointed Director-General of the Bureau of Public Procurement (BPP), has over 20 years of experience in public service. He has served as a national consultant to the United Nations Development Programme (UNDP) on procurement reforms, Nigeria’s representative in the International Research Study on Public Procurement (IRSPP), and a World Bank resource person on sustainable procurement.
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Jan 23, 2025 | 
businessday.ng | Ojochenemi Onje |Ladi Patrick-Okwoli
Poverty is driving theft and vandalism of public assets, but the major culprit is the lack of enforcement of existing laws. Public assets such as manhole covers, fire hydrant covers, telecommunication duct covers, flexible cables, transformers, streetlight pole covers, rail tracks and electrical installations are constantly stolen, leading to financial losses for the government.
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Jan 16, 2025 | 
businessday.ng | Ladi Patrick-Okwoli
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Jan 15, 2025 | 
businessday.ng | Ladi Patrick-Okwoli
A fire has gutted Focus Holiday Inn, a high-end hotel located in the Garki area of Abuja, the capital city of Nigeria. Eyewitnesses reported that the fire, which started around 3 a.m., began in one section of the building before spreading and engulfing the entire three-story structure.
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Jan 14, 2025 | 
businessday.ng | Ladi Patrick-Okwoli
Nyesom Wike, minister of the Federal Capital Territory (FCT), approved 5,481 certificates of occupancy (C of O) from August 2023 to December 2024. Lere Olayinka, senior special assistant on public communications and new media to the minister, said this on Tuesday. Olayinka said the figure was 2,919 less than the 8,400 C of O signed by the FCT administration in 13 years from 2010 to 2023.
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Jan 14, 2025 | 
businessday.ng | Ladi Patrick-Okwoli
A group of vulnerable residents in the Federal Capital Territory (FCT), including scavengers, beggars, and petty traders, have taken legal action against Nyesom Wike, FCT Minister demanding N500 million in compensation for the alleged infringement of their fundamental rights. Abba Hikima, a Legal practitioner has filed a suit, marked FHC/ABJ/CS/1749/2024, before Justice James Omotosho of the Federal High Court in Abuja on behalf of vulnerable residents in the Federal Capital Territory (FCT).
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Jan 13, 2025 | 
businessday.ng | Ladi Patrick-Okwoli
Adebowale Adedokun, director-general of the Bureau of Public Procurement (BPP), has warned ministries, departments, and agencies (MDAs) against recurring delays in procurement processes, emphasising the need for accountability, transparency, and timely execution of projects. Adedokun, in an exclusive interview with BusinessDay in Abuja, criticised the MDAs’ practice of initiating critical projects, such as roads, schools, and hospitals, towards the end of the year without proper planning.
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Jan 10, 2025 | 
businessday.ng | Ladi Patrick-Okwoli
The Court of Appeal, Abuja Division, on Friday directed a retrial in the Kano Emirate legal dispute involving Ado Bayero and Mohammed Sanusi. A three-member panel of the Court of Appeal, led by Justice Mohammed Mustapha, nullified the judgment delivered by the lower court on July 15. The appellate court ruled that the appellant’s right to a fair hearing had been violated.
