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FG Restates Commitment To Improved Peace, Security

The Federal Government has restated its commitment to enhance the nation’s security framework to ensure peace and security of the country. The Secretary to the Government of the Federation, Sen. George Akume, made the declaration when he received the Management of the Fellowship of Churches of Christ in Nigeria also known as Tarayyar Ekklesiyoyin Kristi...
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Fidelity Bank increases share capital to N36.7bn

Fidelity Bank Plc has increased its issued share capital from N26.7bn to N36.7bn following shareholders’ approval at its Extraordinary General Meeting held virtually on Thursday. The decision, detailed in a corporate notice filed with the Nigerian Exchange Limited, involved the creation of 20bn additional ordinary shares of N0.50 kobo each, bringing the total issued share...
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Consumer goods market cap hits N11.1bn

The consumer goods sector on the Nigerian Exchange has reached a total market capitalisation of N11.1bn. As of the latest trading data, the sector is experiencing increased performances across several of its companies, with beverages and food products at the forefront of this rise. Among the standout stocks, Golden Guinea Breweries PLC, despite a price...
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Eterna, Cadbury lead as investors gain N66bn

Eterna Plc and Cadbury Nigeria Plc led the gainers’ chart as the Nigerian Exchange closed positive on Thursday, adding N66bn to its market capitalisation. At the end of trading, the All-Share Index increased by 105.26 points, or 0.1 per cent to close at 105,430.15 points. This represents a one-week gain of 0.65 per cent, a...
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Fake Drugs: Reps Urge FG To Strengthen NAFDAC, SON, Others

The House of Representatives yesterday urged the Federal Government to strengthen the capacity of regulatory agencies, particularly National Agency for Food and Drug Administration and Control (NAFDAC) and Standard Organisation of Nigeria (SON) and the Nigerian Customs Service (NCS) by providing adequate funding, modern equipment’s and advanced technology for effective surveillance, detection and enforcement. They...
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Delta receives highest Moody’s ratings in decades

Delta Air Lines has seen its credit rating raised to the highest level in decades by credit rating agency Moody’s Ratings. This upgrade is the third that Delta has received in the last eight months, reflecting momentum in continuing to strengthen the company’s balance sheet and financial foundation. Moody’s was the only agency that maintained...
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Adeleke Engages 10,000 Youths For Imole Youth Corps

In a massive push for youth employment and engagement, Governor Ademola Adeleke has inaugurated and inducted 10, 000 youths into the Imole Youth Corps. At a grand ceremony held at the Freedom Park, Osogbo, the governor said the occasion is “a major highlight of his administration’s push to address youth joblessness alongside other indirect steps...
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Marketers move to curb fuel tanker accidents

Oil dealers in the midstream and downstream sectors of the petroleum industry have suggested steps to stem the tide of fuel tanker accidents on the road. The stakeholders, including the Nigerian Midstream and Downstream Petroleum Regulatory Authority, the Independent Petroleum Marketers Association of Nigeria, the Petroleum Products Retail Outlet Owners Association of Nigeria, and others...
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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...