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SROL hosts gold mining stakeholders

Segilola Resources Operating Limited, a subsidiary of Thor Explorations Ltd, has hosted stakeholders in the gold value chain, as part of an effort to position itself as a leader in the mining industry. In a statement, SROL disclosed it carried out a series of initiatives in November, showcasing its commitment to responsible mining and community...
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Domestic transactions hit N3.73tn on NGX

Domestic transactions on the Nigerian Exchange reached N3.73tn year-to-date in October, accounting for 83.35 per cent of total market activity. In October, total transactions amounted to N502.73bn, a 1.97 per cent increase from N493.01bn in September. Domestic transactions made up N455.27bn, which represents 90.56 per cent of the total market activity in the month. Breaking...
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Summit to honour Elegushi, Nike Art Gallery, others

The BusyBee Event Business Summit in Africa has announced that the BusyBee Excellence Awards will honour Olori Sekinat Elegushi and the founder of Nike Art Gallery,  Mrs Nike Davies, for their exceptional contributions to advancing Nigeria’s event planning industry. The founder of BusyBee Events Lagos, Bisi Sotunde, announced that the 8th BusyBee Event Business Summit,...
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2025 budget will underperform, stakeholders caution

Economic stakeholders have projected that the 2025 proposed budget of N47.9 trillion may underperform due to its bullish assumptions. In the proposed budget, the naira was pegged at N1,400 to the dollar and the crude oil benchmark of $75 just a few weeks after Donald Trump emerged as the president of the United States of...
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Customs blame insecurity for fuel smuggling in Borno

The Nigeria Customs Service, Operation Whirlwind Zone A, has said that the insecurity in Borno State has made it impossible for its operatives to effectively tackle smugglers of Premium Motor Spirit, popularly known as petrol. The National Coordinator of Operation Whirlwind Zone A, Hussein Ejibunu, a Customs Area Controller, disclosed this on Friday in Ikeja...
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ADVAN unveils online marketplace

The Advertisers Association of Nigeria has launched ADVAN-X, an online brand marketplace to connect stakeholders and drive innovation. ADVAN President, Osamede Uwabanwem, announced this during a virtual press briefing, describing ADVAN-X as a hybrid platform offering both virtual and physical networking opportunities, according to a statement. Uwabanwem said, “ADVAN-X offers a dynamic hub for brands...
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Rural base station operations cost 35% more – Telcos

Telecommunication companies face significant cost pressures when deploying and operating base stations in rural areas, spending an average of 35 per cent more than in urban locations. GSMA, the global industry body for telcos, disclosed this in its November report. The document titled “Rural Renewal: Telcos and Sustainable Energy in Africa”, indicated the economic strain...
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I apologise for saying no heaven without tithe – Adeboye

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

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

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...