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Advantages of a weak naira

30.10.2024
The meddlesome World Bank says that “By August 2024, the Ethiopian birr, the Nigerian naira, and Sundanese pound were among the worst (performing currencies) in the (African) region,” and added that “The naira continued losing value, with a year-to-date depreciation of about 43 per cent as of end-August.” The acknowledgement by banker Chika Mbonu that...
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Amotekun arrests 27 suspected criminals in Ondo

30.10.2024
The Ondo State Security Network Agency, also known as the Amotekun Corps, has arrested no fewer than 27 persons in connection with various criminal activities in the state. According to the corps, the suspects were involved in crimes such as kidnapping, stealing, murder, and burglary among others. Parading the suspects at the headquarters of the...
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17 northern states blackout ends Nov 12 – FG

30.10.2024
The Federal Government on Tuesday assured of its commitment to speed up the pace of work to restore electricity to all the affected states in the Northern region of the country. This was as the Minister of Power, Adebayo Adelabu, announced that electricity would be fully restored to the region within the next 14 days....
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After apology, Reps probe Abia lawmaker over Abuja driver assault

30.10.2024
The House of Representatives on Tuesday resolved to investigate the conduct of the lawmaker representing Aba South/Aba North Federal  Constituency, Alex Ikwechegh, who was on Monday arrested and questioned for assaulting an Uber driver, Mr Stephen Abuwatseya. The driver was assaulted when he delivered a package to the lawmaker at his Abuja residence. Many Nigerians...
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Judge summons mother for son’s cybercrime case

30.10.2024
Justice Ayokunle Faji of the Federal High Court in Lagos on Tuesday ordered the mother of a 19-year-old painter, Chinonso Udeh, to appear in court on November 1, 2024. Udeh, who was brought before Justice Faji, was arraigned by the Economic and Financial Crimes Commission on a count of cybercrime. He pleaded guilty. Following his...
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Makinde to unveil 3,000-hectare agribusiness hub

30.10.2024
Oyo State Governor, Seyi Makinde, will in November break the ground for a  3,000-hectare agribusiness industrial hub in Eruwa, Ibarapa East Local  Government Area of the State. Director General of Oyo State Agribusiness Development Agency, Dr Debo Akande, disclosed this in an exclusive chat with The PUNCH. The disclosure came in response to questions about...
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Inflation: Norrenberger Asset advocates mutual fund investment

30.10.2024
Norrenberger Asset Management Limited has urged Nigerians to invest in mutual funds to mitigate the effects of inflation. The Managing Director/Chief Executive of NAML, Pabina Yinkere, said this during the listing of two mutual funds on the exchange on Tuesday. The asset management company listed two of its mutual funds, the Norrenberger Islamic Fund and...
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Nasarawa Assembly approves three-year LG tenure

30.10.2024
The Nasarawa State House of Assembly has approved a three-year tenure for elected local government chairmen and councillors in the state. The assembly also detached the Ministry of Local Government, Local Government Service Commission and LG Pension Board from the affairs of local government in the state. Also, it renamed the 18 Local Council Development...
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Kano court remands Chinese for forgery, property destruction

30.10.2024
A Kano State High Court, presided over by Justice Sanusi Ma’aji, has ordered the remand of Chinese national, Zhang Qunfang, over a two-count allegation of forgery and destruction of property. The property belongs to Huafei International Nigeria Ltd, located at No 52 Hadejia Road, Gezawa District Area, Kano State. When the case came up before...
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Anti-party: Aregbesola’s camp mum, as APC suspends ex-gov

30.10.2024
The Osun State chapter of the All Progressives Congress has announced the immediate suspension of former Governor Rauf Aregbesola, pending the outcome of disciplinary proceedings against him. Aregbesola’s suspension followed a resolution by the party’s executive committee of the Ilesa East Local Government, which requested disciplinary action against the party stalwart who served as Interior...
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I apologise for saying no heaven without tithe – Adeboye

04.10.2024
The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has apologised for saying that Christians who don’t pay tithe might not make it to heaven. Adeboye who had previously said that paying tithe was one of the prerequisites for going to heaven, apologised for the comment while addressing his congregation Thursday...

Protesters storm Rivers electoral commission, insist election must hold

04.10.2024
Angry protesters on Friday stormed the office of the Rivers State Independent Electoral Commission, singing and chanting ‘Election must hold’. They defied the heavy rainfall spreading canopies, while singing and drumming, with one side of the road blocked. The protest came after the Rivers State governor stormed the RSIEC in the early hours of Friday...

Man who asked Tinubu to resign admitted in psychiatric hospital

04.10.2024
The Adamawa State Police Command has disclosed that the 30-year-old Abdullahi Mohammed who climbed a 33 kv high tension electricity pole in Mayo-Belwa last Friday has been admitted at the Yola Psychiatric hospital for mental examination. The Police Public Relations Officer of the command SP Suleiman Nguroje, told Arewa PUNCH on Friday in an exclusive...

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