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Bearish sentiment persists as NGX sheds N8bn

The Nigerian Exchange extended its losing streak on Monday, shedding N8bn as investors continued to react to market headwinds. The benchmark All-Share Index declined by 155.96 points, or 0.15 per cent to close at 105,799.17 points, dragging the market capitalisation down to N66.3tn. Despite the market’s recent losses, the All-Share Index still maintains a year-to-date...
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Obi To FG: Restore Normalcy In Rivers

The 2023 presidential candidate of the Labour Party (LP) Peter Obi, has called on the Federal Government, to restore normalcy in Rivers State and bring to an end the political crisis in the state. Obi on Tuesday via his verified X handle, said the crisis is not in any way serving the interest and welfare...
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Firm unveils project to bridge housing deficit

A Nigerian real estate company, Terra Developers, has unveiled its latest project, Nathan’s Bay, which features three distinct waterfront communities to bridge the lingering deficit gap in the country. Speaking at the unveiling of Nathan’s Bay in the Lakowe-Lekki area of Lagos State recently, the Managing Director of the company, Kola Ashiru-Balogun, said the project...
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SDP Extension Of APC, Galadima Insists

Following the recent wave of defection, a chieftain of the New Nigeria Peoples Party, (NNPP) Buba Galadima, has described the Social Democratic Party (SDP) as a faction of the ruling All Progressives Congress (APC). Galadima who spoke on Tuesday on Arise Television’s The Morning Show claimed that the SDP was merely an extension of the...
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AMCON recovers N2.1tn from debtors

The Asset Management Corporation of Nigeria said it has recovered over N2.1tn in debts despite its challenges since inception. It also stated that the corporation currently has over 2,000 cases in court, as some of AMCON’s debtors owe nearly N5tn, adding that the debtors who borrow these monies do not use it for the purpose...
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I’ve Dated 7 Nigerian Celebrities, Bobrisky Reveals

Controversial Nigerian cross-dresser Idris Okuneye who is popularly called Bobrisky disclosed that he has had romantic relationships with seven celebrities in the country. In a recent video posted on Snapchat, the crossdresser revealed that he had intimate relationships with seven Nigerian celebrities while discussing the betrayals that led him into exile. While announcing plans to...
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Dangote refinery polypropylene set to hit market

The Dangote oil refinery has commenced the startup of its polypropylene facility in Lagos, The PUNCH reports. Our correspondent gathered that the polypropylene facility will be officially unveiled soon. S&P Global also reports that starting up Dangote’s 830,000 metric tonnes per year polypropylene site was one of the last outstanding milestones for the oil refining...
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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...