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NGX opens week with N987bn gain

01.01.2025
At the close of the first trading day of the week, the Nigerian Exchange Limited recorded a market capitalisation of N62.5tn, with a total of 641,117,293 shares traded in 13,778 deals. The value of these transactions amounted to N15.50bn, reflecting a 44 per cent increase in trading volume, a 3 per cent increase in turnover,...
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Citibank marks 40th anniversary

01.01.2025
Citibank Nigeria Limited has marked its 40th anniversary, celebrating decades in the financial sector. In a statement issued to The PUNCH on Sunday, the bank highlighted its journey from its foundation as Nigeria International Bank Limited to becoming a player in Nigeria’s banking landscape. The Chairman of the Board of Directors, Shamsuddeen Usman, said, “Citi...
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Aproko Doctor donates solar system to Epe hospital

01.01.2025
A renowned health advocate and medical doctor, Dr Chinonso Egemba, popularly known as Aproko Doctor, has donated an 11KW solar power solution to the Mother-Child Centre at Epe General Hospital in Lagos. The disclosure was made in a statement on Monday. The solar system, powered by cutting-edge Luminous Rayverter technology, ensures uninterrupted electricity for critical...
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NCS intercepts 2,000 bags of rice, 844 rifles

01.01.2025
The Nigeria Customs Service, Federal Operations Unit, Zone A, Ikeja said it intercepted about seven trucks carrying over 2,000 bags of 50kg foreign parboiled rice in a single operation. This came as the Comptroller-General of Customs, Adewale Adeniyi, announced that through intelligence-led operations, the service intercepted several arms shipments, including 844 rifles and 112,500 rounds...
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Ogun gets electricity regulatory oversight licence

01.01.2025
The Federal Government, through the Nigerian Electricity Regulatory Commission, has announced the transfer of regulatory oversight of the electricity market in Ogun State to the newly established Ogun State Electricity Regulatory Commission. This development, which came days after the commission granted regulatory oversight to the Lagos State Electricity Regulatory Commission, was announced in a statement...
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Sterling Holdco projects N121.8bn gross earnings

01.01.2025
Sterling Financial Holdings Company Plc has projected gross earnings of N121.81bn for the first quarter ending March 31, 2025. In a notice filed on the Nigeria Exchange Limited recently, the projection includes an expected interest income of N89.27bn and interest expenses of N34.82bn, resulting in a net revenue from funds of N54.45bn. The company also...
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Haldane McCall generates N2.5bn via housing units

01.01.2025
A real estate and hospitality company, Haldane McCall Plc, generated N2.5bn from the sale of 34 housing units completed earlier this year in Ketu, Lagos. In a statement made available to our correspondent by the company on Monday, the company said this achievement underscores its commitment to addressing the housing needs of Nigeria’s growing population....
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KFC Nigeria unveils festive meal

01.01.2025
KFC Nigeria has launched its Festive Meal, aiming to enhance the holiday experience while boosting sales during the holiday season. In a statement made available to The PUNCH on Sunday, the company stated that the festive meal, which offers a range of options, aims to strengthen its market presence and capture the festive spirit of...
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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

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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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