January 2025 – Page 151

Nigerian Breweries, varsities get permits to generate electricity

10.01.2025

Amid the high cost of electricity and incessant power fluctuations, Nigerian Breweries Plc has got approval to generate captive power in its offices located in Abia, Oyo, and Enugu states. Cumulatively, Nigerian Breweries is generating up to 41MW in the four stations. The Nigerian Electricity Regulatory Commission disclosed this in a report, saying the permits...

Adeleke Distributes Relief Materials To Osun Disaster Victims

10.01.2025

Osun State Governor, Ademola Adeleke, on Thursday, distributed relief materials worth millions of naira to victims of various disasters across the state’s three senatorial districts. The presentation of the items, which took place yesterday at the Osun State Emergency Management Agency (OSEMA) warehouse behind the State Government Secretariat in Osogbo, was carried out on behalf...

Tax reforms, recapitalisation will challenge insurance sector – CIIN

10.01.2025

The President of the Chartered Insurance Institute of Nigeria, Yetunde Ilori, has said that the proposed tax reforms and possible recapitalisation will be some of the challenges that the insurance sector will face in 2025. Ilori said this in her New Year message to members of CIIN, which was made available to The PUNCH on...

Gov Yusuf Pays N16bn To Kano Pensioners, Flags Off Third Phase Of N5bn

10.01.2025

Kano State Governor, Alhaji Abba Kabir Yusuf, has reaffirmed his administration’s commitment to the welfare of retirees with the commencement of the third phase of pension payments amounting to N5 billion. This initiative brings the total amount disbursed to pensioners under his administration to a whooping N16 billion in the last one and a half...

NiMet forecasts hazy weather beginning Wednesday

10.01.2025

The Nigerian Meteorological Agency has forecast hazy weather conditions nationwide from Wednesday through Friday. In its weather outlook released on Tuesday in Abuja, NiMet projected moderate dust haze with horizontal visibility ranging between 2km and 5km throughout the forecast period. “In the North Central region, moderate dust haze with similar horizontal visibility is anticipated. “The...

Sokoto Govt Reopens Zam-Zam Juma’at Mosque, Resolves Disputes

10.01.2025

The Sokoto State Government has announced the reopening of a Bela Juma’at Mosque in the Gwiwa area of Wamakko Local Government of the state, which was previously closed due to a dispute between the Izala group and the mosque’s owner. Professor Jabir Sani Maihulla, the State Commissioner for Religious Affairs, made this announcement while briefing...

Customs deploy IT for transparent recruitment process

10.01.2025

The Nigeria Customs Service will be deploying an information technology strategy to ensure transparency in its ongoing recruitment processes, The PUNCH has learnt. A source at the Service exclusively told our correspondent on Saturday that the list of the candidates to sit for the computer-based test would be generated by an automated system. “It is...

OPC, Okada Riders Clash In Ekiti Over Death Of Ticketing Officer

10.01.2025

…as Six suspects arrested The members of the Oodua People Congress (OPC) and the motorcycle riders on Thursday engaged in a violent clash over the death of a motorcycle ticketing officer. The incident occurred in the early hours, at Ado-Ekiti, the state capital. The OPC and the motorcycle engaged one another with dangerous weapons such...

Forex: Analysts Expect Modest Improvement In Sectoral Utilisation

10.01.2025

Projected increases in foreign exchange liquidity and better access to foreign currency, occasioned by the Central Bank of Nigeria’s (CBN) ongoing measures to boost transparency in the FX market, will likely lead to a modest improvement in forex utilisation by various sectors in the economy, analysts at FBNQuest Research have said. The analysts stated this...

20 insurance firms market capitalisation hits N590.26bn

10.01.2025

Twenty Nigerian insurance firms’ market capitalisation reached N590.26bn, according to data from the Nigeria Exchange Limited at the close of trading on Wednesday. AIICO Insurance Plc recorded a market capitalisation of N68.82bn, reflecting a 9.94 per cent increase in its stock price, which closed at N1.88. The company recorded 352 trades and a trading volume...

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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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Latest News

Nigerian Breweries, varsities get permits to generate electricity

Adeleke Distributes Relief Materials To Osun Disaster Victims

Tax reforms, recapitalisation will challenge insurance sector – CIIN

Gov Yusuf Pays N16bn To Kano Pensioners, Flags Off Third Phase Of N5bn

NiMet forecasts hazy weather beginning Wednesday

Sokoto Govt Reopens Zam-Zam Juma’at Mosque, Resolves Disputes

Customs deploy IT for transparent recruitment process

OPC, Okada Riders Clash In Ekiti Over Death Of Ticketing Officer

Forex: Analysts Expect Modest Improvement In Sectoral Utilisation

20 insurance firms market capitalisation hits N590.26bn

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