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Stanbic IBTC Capital leads Presco’s N82.9bn bond

09.02.2025
Stanbic IBTC Capital Limited has acted as the lead issuing house on Presco Plc’s issuance of an N82.89bn bond. In a statement on Thursday, it was revealed that the seven-year 23.75 per cent senior unsecured fixed-rate Series I bond under the company’s N150n bond issuance programme is aimed at expanding its West African footprint. Presco...
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Agusto affirms Baobab Nigeria’s ‘Bbb+’ rating

09.02.2025
Pan-African credit rating agency Agusto & Co. has affirmed a ‘Bbb+’ rating for Baobab Nigeria, indicating strong financial standing and prudent management practices in Nigeria’s microfinance industry. The rating was announced in a statement issued recently. Baobab Nigeria said it has demonstrated resilience and adaptability despite the challenging macroeconomic environment characterised by high inflation and...
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Firm unveils technology to end gas flaring

09.02.2025
PE Energy Limited, a leading energy services company has unveiled a new technology, Multi-phase Pump and Systems to end gas flaring and boost oil production in Nigeria. The new technology was unveiled in Lagos at an oil and gas seminar organised by the company in conjunction with ITT Bornemann GmbH under the theme, ‘Eliminating Gas...
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KWSG Committed To Open Defecation Eradication

09.02.2025
The Kwara State Government has reiterated its commitment to partnering with relevant stakeholders and government agencies towards promoting access to clean water and hygienic environment in the State. Kwara First Lady, Ambassador Prof. Olufolake AbdulRazaq stated this in Ilorin, the State capital, during a meeting with private sectors, on Water Supply, Sanitation and Hygiene (WASH)....
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Aiyedatiwa Pays Tribute As Late Ondo SSG Is Laid To Rest

09.02.2025
The Governor of Ondo State, Hon. Lucky Orimisan Aiyedatiwa, has described the late Secretary to the State Government (SSG), Hon. Temitayo Oluwatuyi, as an exemplary leader whose life was dedicated to public service, grassroots development, and community empowerment. Speaking at the outing and thanksgiving service held in his honour at Christ Apostolic Church, Oke Isegun,...
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Adelaja Takes Over As Oyo, Osun Customs Controller

09.02.2025
…As Oramalogu advocates team work The Comptroller of the Nigeria Customs Service (NCS), Joseph Olugbuyi Adelaja, has assumed duty as the new helmsman for the Oyo/Osun Area Command, Ibadan, Oyo State capital. The development was made known to the public on Saturday through a press statement issued and signed by the ASC II Abdulmalik Abiodun Akintola,...
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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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