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HH Capital acquires 35.94% stake in Transcorp

24.12.2024
  Temitope Aina HH Capital Limited has announced its acquisition of 1,493,477,786 ordinary shares of Transnational Corporation Plc, representing 35.94 per cent of the company’s shareholding. According to a statement filed on the Nigeria Exchange Limited by the Group Company Secretary, Atinuke Kolade, on Monday, the transaction, conducted at a weighted average price of N3.12...
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Ardogreen eyes petroleum mining lease by 2025

24.12.2024
Ardogreen Energy Limited has announced plans to secure a Petroleum Mining Lease for the Olua Field under Petroleum Prospecting Licence 203 by the end of the second quarter of 2025. The company, along with its parent firms, Ardova Plc. and Petrodev Oil and Gas Limited, formalised a Risk Service Agreement with HSI Energies Limited to...
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Harvard alumnus lauds Indimi over inauguration of FPSO

24.12.2024
An Harvard University alumnus and a member of the Nigerian Society of Engineers, Abdullahi Hashim, has lauded the Executive Chairman of Oriental Energy Resources, Dr Muhammadu Indimi, over the successful inauguration of first funded Floating Production Storage and Offloading Vessel at the Drydocks World Dubai Shipyard in the United Arab Emirates. Hashim, who is a...
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Group to train over 7,000 livestock breeders

24.12.2024
An agro-allied group, Economic Empowerment of Women and Youth in Livestock Agriculture, is set to train 7,200 livestock breeders by 2027. The coordinator of EEWYLA and founder of Oriyon International Ltd., Amina Momoh-Orimoloye, revealed this in a statement. Momoh-Orimoloye said the initiative, driven by Oriyon International Ltd. in partnership with the Benue State Agricultural Development...
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Lagos trains revenue officers in AI-powered tax system

24.12.2024
The Lagos State Government has taken a significant step towards achieving its 2025 revenue goals by training 450 revenue officers on the Lagos Revenue Portal and its Artificial Intelligence Chatbot, Madam Shikini. In a statement obtained by The PUNCH, the training, organised by the Office of the Special Adviser on Taxation and Revenue, drew participants...
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NDPHC vows to recover debts from bilateral customers

24.12.2024
The Niger Delta Power Holding Company has stated that it is making concerted efforts to recover outstanding debts from its bilateral customers. The NDPHC Managing Director, Jennifer Adighije, said this at the company’s 2024 End-of-Year and Award Ceremony held on Saturday in Abuja. She said this effort is to shore up its liquidity and boost...
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Infrastructural deficit hindering fight against greenhouse emission – Stakeholders

24.12.2024
Stakeholders in the maritime and logistics sector have said that infrastructural deficiencies are frustrating Africa’s efforts to ensure full compliance with the greenhouse emission initiative of the International Maritime Organisation. In a chat with The PUNCH, the Director-General of the African Centre for Supply Chain and President of the Association of Outsourcing Professionals, Dr Obiora...
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FG commits N180bn to agric varsities, research institutes in 2025

24.12.2024
The Federal Ministry of Agriculture and Food Security has proposed spending N180bn on Federal Universities of Agriculture and research institutes in the 2025 proposed budget. Of this amount, N54.38bn is allocated specifically to Federal Universities of Agriculture, as part of the ministry’s total N636bn allocation. The allocations were disclosed in the newly released 2025 Appropriation...
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How Nigerian banks exploit contract staff

24.12.2024
In this piece, HENRY FALAIYE highlights the exploitative conditions faced by contract staff in Nigerian banks who endure low wages, job insecurity, and exclusion from essential benefits such as health insurance and pensions. Behind Nigeria’s thriving banking sector lies a harsh reality: contract staff, the industry’s backbone, are overworked and underpaid and face systemic inequalities...
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Tinubu Re-Echoes Stand On Tax Reform Bill

24.12.2024
Amid the unending controversy surrounding the Tax Reform Bills currently before the 10th National Assembly, President Bola Tinubu has declared that his administration’s Reform has come to stay. President Tinubu who spoke during his first presidential media chat in his residence in Lagos State said the Tax reform bills are in favour of the poor and...
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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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