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FG to strengthen capital market for wealth creation

The federal government has reaffirmed its commitment to strengthening Nigeria’s capital market as a critical driver of economic growth and wealth creation for citizens. In a statement made available by the commission to our correspondent on Sunday, Minister of State for Finance, Doris Uzoka-Anite, disclosed this during a meeting with the board of the Securities...
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HEDA Calls For Transparency In Subsidy Funds, Budget Performance’s Hearing

The Human and Environmental Development Agenda (HEDA Resource Centre) has urged the Nigeria Senate Committee on Appropriation, chaired by Senator Solomon Olamilekan, to prioritize transparency and accountability in the recent Senate hearing involving the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun. HEDA’s Chairman, Olanrewaju Suraju, in a statement on Sunday,...
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Equity market gains N1.14tn

Investors gained about N1.14tn on bullish sentiments on the Nigerian Exchange Limited last week. The All-Share Index appreciated by 1.80 per cent, closing last week at 105,451.06 points, while market capitalisation increased to N64.303tn. A total turnover of 4.698bn shares worth N85.043bn was traded in 72,562 deals, representing a rise compared to the 2.618bn shares...
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Professors Ask FG To Probe Alleged N3bn Fraud In Varsity

The leadership crisis rocking the University of Abuja has again taken another dimension, as some aggrieved Professors in the university have called on the Federal Government to investigate the alleged over N3 billion fraud uncovered by a report of the 2021 Presidential Visitation Panel to the university for the 2019/2020 academic session. Although the university...
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Landmark paid N10bn in taxes before demolition, says CEO

The Chief Executive Office, of Landmark Africa Group, Paul Onwuanibe, has disclosed that the company paid over N10bn in taxes a year before the demolition of parts of its premises as a result of the construction of the Lagos-Calabar Coastal Highway. Speaking at the KK Show via YouTube recently, Onwuanibe lamented the emotional and financial...
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King Charles III Set To Meet Pope Francis In Italy

King Charles III is set to meet Pope Francis for the first time as a British monarch following his momentum visit to Italy this spring. The historic meeting will occur during the King’s trip to Rome, coinciding with Italy’s jubilee celebrations which signifies a strong message of unity and commitment to interfaith dialogue. Sunday Telegraph...
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Analysts list guidelines for smart home selection

With the growing adoption of smart home technology, experts have urged Nigerian homeowners and potential buyers to adopt a more informed approach when selecting properties equipped with smart features. As smart homes become more integrated into the Nigerian real estate market, experts have outlined key guidelines to help consumers make the right choice. Smart homes,...
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Italian Bishops Approves Gay Men For Priesthood

The Conference of the Italian Bishops, on Sunday, announced the introduction of new guidelines permitting gay men to enroll in Roman Catholic seminaries, provided they commit to a life of celibacy. Sunday Telegraph reports that the guidelines which permit gay men to enter seminaries marks the departure from a 2016 Vatican directive that discouraged men...
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NUPRC begins real-time tracking to tackle losses – Punch Newspapers

The Nigerian Upstream Petroleum Regulatory Commission says it is set to enhance transparency and accountability in Nigeria’s oil and gas sector through the implementation of the Advance Cargo Declaration Solution and the Engineering Audit of Upstream Measurement Equipment and Facilities. It said in a statement that the plan is to track the movement of crude...
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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...