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PZ Cussons records N15bn loss in H1

24.12.2024
PZ Cussons Nigeria Plc has reported an exchange loss of N15.15bn, which marks an improvement compared to the N87.08bn exchange loss recorded in the prior year. The company continues to face challenges, with a loss of N7bn for the half-year period ending November 30, 2024. This marks an improvement over the previous year’s loss of...
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FG prosecutes terrorists with N780m, SSAs get N2bn vehicles

24.12.2024
The Federal Government has earmarked over N780m for prosecuting terrorism-related cases, anti-money laundering initiatives, and other criminal matters in 2025. According to the 2025 Appropriation Bill, N530m has been allocated for the management of terrorism-related cases and issues, and N2bn for the purchase of vehicles for Senior Special Assistants. Additionally, N100.99m will be directed toward...
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BPP unveils new scheme to combat procurement fraud

24.12.2024
The Bureau of Public Procurement has introduced a Beneficial Ownership Scheme to detect and eliminate fraudulent activities within the procurement process. Director-General of BPP, Dr. Adebowale Adedokun, announced this on Monday in a world press conference themed ‘Renewed Hope Through Strategic Procurement.’ Adedokun emphasised that the scheme would enable the agency to identify civil servants...
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NCMI to boost market development

24.12.2024
The Nigerian Capital Market Institute, the training subsidiary of the Securities and Exchange Commission, has reaffirmed its commitment to market development and investor education with the launch of its 2025 training calendar. Announcing the development in Abuja over the weekend, the Managing Director of NCMI, Tunde Kamali, described the initiative as a step toward enhancing...
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Ogun lawmaker supports constituents with trade tools

24.12.2024
Ogun State House of Representatives member representing Ijebu Central Federal Constituency, Femi Ogunbanwo, has supported 1,500 constituents with trade tools. Ogunbanwo also reaffirmed his commitment to using his representation to facilitate projects and programmes that make life easier for the residents of the federal constituency while also enhancing its socio-economic advancement. In a statement issued...
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Ecobank warns against fraud during Yuletide

24.12.2024
Ecobank Nigeria has cautioned customers to be vigilant against fraudsters during the Yuletide while promising uninterrupted access to banking services through its digital platforms throughout the holiday season. In a statement on Monday, the Head of Consumer Banking at Ecobank Nigeria, Adeola Ogunyemi, emphasised that customers can continue their shopping and transactions smoothly via the...
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Rack Centre appoints new CFO

24.12.2024
Rack Centre, West Africa’s leading carrier and cloud-neutral data centre, has announced the appointment of Harold Bedu-Mensah as its new Chief Financial Officer. In a Monday statement signed by Rack Centre’s Chief Executive Officer, Lars Johannisson, the company described the appointment as a strategic move to consolidate its growth trajectory. The appointment became effective on...
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Presco to complete new mill in 2025

24.12.2024
Presco Plc, an oil palm producer in Nigeria, has announced plans to complete its new mill at Ato Estate by 2025 as part of its expansion strategy. Speaking during the company’s end-of-year party held recently in Benin-City, Edo State, the Managing Director/Chief Executive Officer, Reji George, highlighted the record-breaking production levels achieved in 2024, the...
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10 ministries get over N1tn each in 2025 budget

24.12.2024
No fewer than 10 federal ministries and agencies under their purview got over N1tn each as appropriation in the 2025 budget, The PUNCH analysis has shown. A breakdown of the proposed allocation, contained in the 2025 Appropriation Bill presented to the National Assembly, showed that the ministries include Police Affairs, Interior, Defence, Finance, Power, Works,...
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NIPR dissolves PRCAN executive, orders new elections

24.12.2024
The Governing Council of the Nigerian Institute of Public Relations, on Monday, announced the dissolution of the executive committee of the Public Relations Consultants Association of Nigeria, previously led by Israel Opayemi. This was disclosed in a statement issued in Abuja by the institute’s Director of Public Relations, Stanley Ogadigo. Ogadigo explained that the council...
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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
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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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