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NIWA warns against rickety boats

25.12.2024
Determined to ensure safety on waterways throughout the festive season, the National Inland Waterways Authority has called on Nigerians to avoid using substandard and poorly maintained boats. This is even as NIWA urged the National Assembly to expedite the passage of the Coastal Guards Bill to enhance safety and security across the nation’s waterways. In...
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P’Harcourt refinery resumes petrol loading

25.12.2024
After one week of inactivity, the Port Harcourt Refining Company has resumed the trucking out of Premium Motor Spirit otherwise called petrol. Recall that the refinery abruptly stopped the loading of petrol a fortnight ago as no reason was initially offered for the development which left many marketers stranded. Our reporter, who visited the Port...
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EIU projects improved Eurobond issuance in 2025

25.12.2024
The Economist Intelligence has said that lower borrowing costs would encourage more Eurobond issuance in the New Year in the West African region. This was disclosed in the EIU’s Financial Services Outlook 2025 titled ‘The Great Easing,’ which was released recently. Part of the report read, “Falling interest rates will boost fixed-income markets and securities...
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Ikeja Customs record 707 seizures worth N18bn – Official

25.12.2024
The Nigeria Customs Service, Federal Operations Unit, Zone A Ikeja, said it recorded 707 seizures of different contrabands with a duty-paid value of N18.7bn from January 2024 to December. Addressing journalists in Ikeja on Monday, the Customs Area Controller in charge of the unit, Kola Oladeji, disclosed that the seizures demonstrate the command’s quest to...
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NCAA To Sanction 5 Airlines For Passengers’ Rights Violations

25.12.2024
The Nigeria Civil Aviation Authority (NCAA) has initiated enforcement action against five airlines (two international and three domestic operators). They are to be sanctioned for various violations of Part 19 of the NCAA regulations, including non-payment of refunds within the stipulated time frame, non-responsiveness to the NCAA’s directives, missing luggage, manhandled luggage, short-landed baggage, delayed...
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Airtel to return $100m to shareholders via share buyback

25.12.2024
Airtel Africa, a telecommunications and mobile money services provider, has announced the launch of a second share buyback programme aimed at returning up to $100m to its shareholders. In a corporate notice filed on the Nigeria Exchange Limited on Monday, the company said the buyback reflects the board’s confidence in its continued growth potential, the...
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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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