February 2025 – Page 207

Dangote price slash: Marketers with imported fuel fear losses

03.02.2025

The decision by the Dangote Petroleum Refinery to reduce the ex-depot price of Premium Motor Spirit (petrol) on Saturday night came at huge costs to many petroleum marketers, The PUNCH reports. Marketers who spoke to our correspondent said the sudden price reduction by the Dangote refinery must have been occasioned by the recent warnings that...

Wema Bank records N14.53bn in FX revaluation gains

03.02.2025

Wema Bank has seen its income from foreign exchange revaluation increase to N14.53bn at the end of 2024 from N13.60bn in 2023, indicating a 6.78 per cent increase. This was revealed in its unaudited financial statement for the fourth quarter of 2024, which was filed with the Nigerian Exchange Limited on Thursday. Forex revaluation gains...

Waste: 13,000MT Plastic Packaging Collection Hub Unveiled In Lagos

03.02.2025

The Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, has lauded the management of Coca-Cola System in Nigeria, comprising of Coca-Cola Nigeria Limited and its authorised bottler, Nigerian Bottling Company (NBC), for its bold step to contribute over $1.5 billion to Nigeria’s economic value chain, including $1 billion investment plans over the next five...

Pelican Valley settles with Customs over shooting incident

03.02.2025

The Chief Executive Officer of Pelican Valley Nigeria, Babatunde Adeyemo, has said he has forgiven the trigger-happy operative of the Nigeria Customs Service who recently shot at his vehicle. Adeyemo, who is also the founder of the Okó Opó Foundation, made this known in Abeokuta shortly after a meeting with senior officials of NCS over...

NEMA Commends Staff For Exemplary Conduct

03.02.2025

The Director General National Emergency Management Agency (NEMA), Mrs Zubaida Umar has recognized some staff of the Agency for being exemplary in ethics, integrity and professionalism in the discharge of their duties. The Anti-Corruption and Transparency Unit (ACTU) of the agency facilitated the process of the nomination through the Directors and Heads of Units and...

PTAD clears N1.18bn in pension arrears

03.02.2025

The Pension Transitional Arrangement Directorate has cleared a total of N1.18bn in pension arrears over the past five years, from 2020 to 2024, according to data obtained from BudgIT’s accountability platform, GovSpend, on Sunday. These payments benefitted thousands of retired federal workers and are part of the government’s ongoing efforts to address long-standing pension liabilities...

Ogun Warns Residents Against Damaging Water Infrastructure

03.02.2025

The Ogun State government has strongly warned residents of the state, especially contractors working around communities within the state, against damaging water infrastructure, stating that it will arrest and prosecute such individuals. The state water corporation, in a statement by the Special Adviser to the Governor on Sustainable Development Goals (SDGs) and Water Resources, Damilola...

PwC projects 26% inflation decline in 2025

03.02.2025

Professional services firm PwC has projected that inflation in Nigeria will drop to 26 per cent in 2025 due to tighter monetary policies. This was revealed in Nigeria’s 2025 Budget and Economic Outlook published on Thursday. The 2025 Appropriation Bill presented by President Bola Tinubu at the National Assembly projected that inflation will drop to...

Leadership Crisis: PDP’s Choice Of Ude-Okoye Still Valid – Zamfara Gov

03.02.2025

Zamfara State Governor Dauda Lawal has declared that the decision of the Peoples Democratic Party (PDP) to back Mr Sunday Ude-Okoye as the party’s National Secretary remained valid. Lawal stated this yesterday in Ibadan, when he paid a condolence visit to Governor Seyi Makinde, over the demise of his brother, Sunday Makinde. He noted that...

Oborevwori Okays Payment Of 2023/2024 Bursary Payment For 32,028 Students

03.02.2025

Delta State Government has approved immediate payment of 2023/2024 Students Special Assistance Scheme to 32,028 eligible beneficiaries in higher institutions across the Nigeria. The Executive Secretary of the Board, Dr. Godfrey Enita, in Asaba said the payment would commence with immediate effect following the approval by Governor Sheriff Oborevwori. He commended the governor for making...

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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

Dangote price slash: Marketers with imported fuel fear losses

Wema Bank records N14.53bn in FX revaluation gains

Waste: 13,000MT Plastic Packaging Collection Hub Unveiled In Lagos

Pelican Valley settles with Customs over shooting incident

NEMA Commends Staff For Exemplary Conduct

PTAD clears N1.18bn in pension arrears

Ogun Warns Residents Against Damaging Water Infrastructure

PwC projects 26% inflation decline in 2025

Leadership Crisis: PDP’s Choice Of Ude-Okoye Still Valid – Zamfara Gov

Oborevwori Okays Payment Of 2023/2024 Bursary Payment For 32,028 Students

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I apologise for saying no heaven without tithe – Adeboye

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