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N1.8bn Stolen Products Recovered In One-Week

…74 terrorists killed, 130 other suspects nabbed Stolen crude and other illegally refined products worth N1,008,750,901.00 were seized by troops conducting operations against economic sabotage in the South South general area in the last one week, the Defence Headquarters (DHQ) revealed on Thursday. The Director of Defence Media Operations, Maj-Gen. Markus Kangye, who made this...
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Dangote refinery loses N32bn after petrol price cut

The Dangote oil refinery will lose up to N32.5bn from 500 million litres stock of premium motor spirit following the recent price cut, The PUNCH reports. A few days before the refinery announced a price slash, the President of the Dangote Group, Alhaji Aliko Dangote, had told newsmen that the refinery had over 500 million...
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Abia Govt Commits N1bn To Health Insurance Scheme

Abia State Government has approved N1 billion for the take off of its health insurance scheme. The scheme, according to the Commissioner for Health, Prof. Enoch Ogbonnaya Uche, is a noble project and a bold move to improve healthcare delivery for those in formal employment in Abia state together with their dependents. Uche explained that...
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CBN uncovers N2.3m in illicit naira transactions

The Central Bank of Nigeria has raised concerns over the increasing trend of illicit transactions involving banknotes, warning that the practice threatens the stability of the financial system. CBN Governor, Olayemi Cardoso, disclosed this on Thursday at the Bank’s Security Workshop in Abuja, where security and law enforcement agencies gathered to address the issue. He...
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Rivers Ijaw Groups Plan Reception For Wike

Various Ijaw groups from the Kalabari Kingdom are preparing to receive the Minister of the Federal Capital Territory (FCT) Nyesom Wike. The groups under the auspices of the NEW Associates are said to be mobilizing to shut down the Asari-Toru Local Government Area in Rivers State during the reception scheduled for March 15. Publicity Committee...
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Salaries of public officials will be reviewed – RMAFC

The Revenue Mobilisation Allocation and Fiscal Commission has reaffirmed its commitment to reviewing and recommending appropriate remuneration for public, political, and judicial office holders in line with its constitutional mandate. The Chairman of RMAFC, Dr Mohammed Shehu, stated this on Thursday while receiving a delegation from the Investment and Securities Tribunal, led by its Chairman,...
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Reps Approve Tinubu’s Tax Reform Bill

On Thursday, the House of Representatives approved the tax reform bills forwarded to the House by President Bola Tinubu in late 2024. The bills which include the Nigerian Tax Bill, the Tax Administration Bill, the Revenue Tax Board Bill, and the Nigerian Revenue Service Establishment Bill, were passed by the Green Chamber of the 10th...
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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...