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Ex-NCDMB boss, Wabote, denies EFCC arrest

14.11.2024
The Former Executive Secretary of the Nigerian Content Development and Monitoring Board, Simbi Wabote, says he was not arrested by the Economic and Financial Crimes Commission. There were reports on Wednesday that Wabote was arrested over NCDMB’s investments in a modular refinery conceptualised by Atlantic International Refinery and Petrochemical Limited for Brass Island in Bayelsa...
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9mobile requires fresh capital to survive – NATCOMS President

14.11.2024
Nigeria’s smallest telecom operator by subscriber base, 9mobile, must secure fresh capital to revitalise its operations and reverse declining market share. With fewer than four million active users as of September, the company’s subscriber base has plummeted from over 22 million in 2015, according to the Nigerian Communications Commission. The President, National Association of Telecommunications...
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Firm launches business tower

14.11.2024
An architectural firm, Maison in Martell, has announced the exclusive unveiling of the audacious OOH experience. In a statement, it stated that the Martell Tower redefined conventions with the presence of prominent dignitaries and influencers on November 8, 2024, beside Palms Mall, Lekki, Lagos. It stated, “The Martell Tower conveys Martell’s vision to become a...
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Analysts peg October inflation at 33.48%

14.11.2024
Analysts have projected that Nigeria’s inflation figure for October will hit 33.48 per cent from 32.70 per cent in September. This projection is coming ahead of the National Bureau of Statistics inflation report for October expected to be released on Friday. According to a Senior Market Analyst At FXTM, Lukman Otunuga, inflationary pressures have been...
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Baobab Nigeria hosts nationwide fitness walk

14.11.2024
Baobab Nigeria, in its commitment to promoting financial inclusion, embarked on a fitness walk activity across its 38 branches in Nigeria. A statement from the bank on Tuesday said the walk was designed to promote healthy lifestyles among Baobab’s staff and customers while raising awareness for both Jollof+ and Baobab Nigeria’s services. This nationwide event,...
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Consolidated Hallmark Insurance converts to private company

14.11.2024
Insurance firm, Consolidated Hallmark Insurance Plc, has converted to a private company following the completion of its restructuring. In a notice filed with the Nigerian Exchange Limited on Wednesday, the Company Secretary, Rukevwe Falana, said the restructured company has been re-registered with the Corporate Affairs Commission. The notice read, “This is to notify Nigerian Exchange...
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Neimeth grows revenue by 105%

14.11.2024
Increased sales drove the revenue of Neimeth International Pharmaceuticals Plc to a 105 per cent growth in the nine months ended September 30, 2024. According to the interim report and accounts of Neimeth for the nine months released on the Nigerian Exchange, total sales doubled from N1.51bn at the end of the third quarter of...
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Engineers not guilty for poor road infrastructure – NSE

14.11.2024
The Nigerian Society of Engineers has absolved its members of any fault for the deteriorating state of federal roads across the country. It noted, however, that the organisation’s members have consistently recommended various solutions aimed at improving road connectivity to the government, but the proposed solutions have not been implemented. The NSE President, Margaret Aina,...
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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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