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Why banks cannot lift order defreezing GHL’s accounts

FirstBank has appealed the Federal High Court judgement that lifted the order placed on the assets of General Hydrocarbons Limited, its directors, and shareholders. In a statement issued by the bank on Sunday, it warned other banks to be cautious in complying with the ruling of Justice Deinde Dipeolu, disclosing that it has appealed the...
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FY’24: BUA Foods’ Revenue Surges 109% To N1.53trn

BUA Foods Plc, one of Nigeria’s leading food manufacturing companies, has announced its unaudited financial results for the fiscal year 2024, posting significant growth across all key performance indicators. The company’s resilience, operational efficiency, and strategic expansion efforts have continued to drive remarkable financial performance, further reinforcing its leadership position in the industry. Founder and...
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Education Commissioner Calls For Peaceful Conduct

…Rallies support for PDP candidates As the February 22 Local Government election gets closer, Commissioner for Education in Osun State, Hon. Dipo Eluwole has called on electorates to conduct themselves peacefully before, during and after the election. The commissioner made this known in a press statement made available to newsmen in Ile-Ife, yesterday. He stated...
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BUA Foods posts N275bn profit

BUA Foods Plc has reported a profit after tax soaring by 145.3 per cent to N274.95bn in the fiscal year 2024. In a statement made available to our correspondent on Sunday, the company’s gross profit grew by 107.9 per cent to N541.71bn, further demonstrating its operational efficiency. According to the statement, the company’s revenue reached...
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Asake Reveals Reasons Behind His New Looks

Nigerian Afrobeats sensation, Ahmed Ololade, popularly called Asake, has revealed the reasons behind his new haircut and facial tattoos. LEADERSHIP recalls that Asake unveiled a new appearance showcasing facial tattoos and a shorter hairstyle different from his signature dreadlocks. His appearance left many fans with questions and wondering what inspired the transformation. During an interview...
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Electricity tariff hike looms as FG plans to end subsidy

Power consumers have opposed plans by the Federal Government to raise electricity tariffs by over 66 per cent, from N116.18 to N193.63 per kilowatt-hour. The Special Adviser to President Bola Tinubu on Energy, Olu Verheijen, recently disclosed that the current power tariffs would rise by about two-thirds. Verheijen said Nigeria’s power prices need to rise...
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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...