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Haldane McCall lists 3.12bn shares on NGX

21.11.2024
Real estate and hospitality group, Haldane McCall Plc has listed 3.12 billion ordinary shares of 50 kobo each at N3.84 per share on the Nigerian Exchange Limited. The Chairman of Nigerian Exchange Group, Umaru Kwairanga said the listing by introduction signifies Haldane McCall’s entry into the capital market to enhance transparency and access long-term capital...
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NCDMB plans to raise crude production

21.11.2024
The Nigerian Content Development and Monitoring Board says it is fast-tracking the approval of five oil and gas projects. The Executive Secretary of NCDMB, Felix Ogbe, stated that the board had applied the presidential directives in approving the five oil and gas projects currently in the funnel. Ogbe, speaking at the recent African Energy Week...
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NDDC partners Chevron on Warri-Escravos road construction

21.11.2024
The Niger Delta Development Commission has announced its partnership with Chevron Nigeria Limited on the construction of the 70.75km Omadino-Okerenkoko-Escravos Road and bridges in the Warri North Local Government Area of Delta State. The NDDC Managing Director, Dr Samuel Ogbuku, spoke on the project when he led a delegation of the commission’s executive management and...
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IOCs not exiting Nigeria, says NUPRC

21.11.2024
The Nigerian Upstream Petroleum Regulatory Commission has said that no international oil company is leaving Nigeria despite their divestments. NUPRC’s Chief Executive Officer, Gbenga Komolafe, described the recent divestments by IOCs in the oil sector as  “portfolio rationalisation”. Komolafe said at the just-concluded NAPE Conference in Lagos that portfolio rationalisation was not uncommon in other...
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Dangote refinery begins fuel export to W’African countries

21.11.2024
The Dangote Petroleum Refinery has begun the export of refined petroleum products to neighbouring West African countries, a sign to traders that the mega-refinery’s operations could soon potentially shake up regional fuel markets. A report by Bloomberg on Tuesday, quoting data sourced from Vortexa, Kpler, Precise Intelligence, a port report, and ship-tracking platform, said a...
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Bauchi, Galaxy Backbone sign pact to deploy ICT infrastructure

21.11.2024
The Federal Government-owned digital infrastructure company, Galaxy Backbone, and the Bauchi State Government have signed an agreement to deploy digital infrastructure and ICT services across the state. The company made this announcement in a statement issued by the Head of Corporate Communications at Galaxy Backbone, Chidi Okpala, on Wednesday. The pact was formalised during a...
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Why CNG engines are suitable to save cost

21.11.2024
Take it or leave it, the country’s current economic situation is harsh for both the rich and the poor, and many are thinking of ways to cut costs and save more. In this piece, ANOZIE EGOLE looks at the benefits of Compressed Natural Gas engines to Nigerians, especially low-income earners. As the cost of Premium...
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Travel firm pledges ticket price slash

21.11.2024
One of Nigeria’s travel agencies, Super International Travels, is bringing the holiday spirit to travel professionals with its upcoming event tagged ‘The Super International Travels Agency Hangout 2024’. The gathering will take place at the agency’s headquarters in Ikeja and provide an opportunity for expert networking, industry insights, and valuable training for travel agents. This...
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AG uncovers N4.6bn unapproved spending in Umahi’s ministry

21.11.2024
An audit report has uncovered financial irregularities totalling over N4.64bn in the Federal Ministry of Works (Housing Sector), raising concerns about systemic non-compliance with financial regulations and procurement laws. The findings, contained in the Auditor-General for the Federation’s Annual Report, cover activities between 2020 and 2021 and reveal significant lapses in internal controls under Babatunde...
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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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