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Transcorp’s profit soars to N94bn

Transnational Corporation Plc has reported a surge in profitability, posting a profit after tax of N94.08bn for the year ended December 31, 2024, marking a 189 per cent increase from N32.48bn recorded in 2023. The conglomerate’s audited financial statements show that revenue more than doubled, rising by 107 per cent to N407.91bn in 2024 from...
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DAWN Commission DG Advises SWDC On Devt

The Development Agenda for Western Nigeria (DAWN) Commission Director- General Seye Oyeleye has urged the South West Development Commission (SWDC) to focus on game changing projects. Speaking during the DAWN Commission’s Focal Representatives Meeting consisting of stakeholders and representatives of the commission at the weekend, Oyeleye said: “If you go around the South West today,...
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MTN partners automobile firms to promote local content

MTN Nigeria is partnering with automobile manufacturers Nord and GAC Motors to bolster its commitment to local content policy and support for made-in-Nigeria products, the operator said in a statement on Friday. The partnership involved the procurement of 33 vehicles for MTN’s customer-facing teams in Lagos and the North, including 22 locally assembled cars from...
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Coronation: Alaafin Clears Air On 21-Day Curfew

The media office of the Alaafin of Oyo, Oba Akeem Owoade, yesterday condemned the Yoruba Muslims for Freedom (YMF) call for the arrest and prosecution of the monarch for imposing curfew as part of his ascension rites. CAddressing a news conference on Saturday, spokesman for the group Lateef Akinwale said: “A curfew is within the...
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Deputy Speaker Urges SEDC To Prioritise Devt

The House of Representatives Deputy Speaker Benjamin Kalu has urged the South East Development Commission (SEDC) to prioritise development of the region. Speaking at a reception for the board of the SEDC and stakeholders’ engagement hosted by Prince Arthur Eze to round off the visit of the management team over the weekend, he the commission’s...
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Settle high electricity debts by military, NECA urges govt

The Nigeria Employers’ Consultative Association has urged the Federal Government to swiftly address the mounting electricity debt owed by military bases across the country. According to a statement issued on Friday, this call comes in the wake of a violent attack by Airforce personnel from the Sam Ethan Airforce Base, Ikeja, on Ikeja Electric offices...
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Fintech firm unveils N25m contest for entrepreneurs

A Technological Company, FunZ, has unveiled an N25m entrepreneurship contest for young Nigerians to put their thinking ability to a test with the ultimate target of solving problems to earn money through innovative means. The contest was also launched alongside an app specifically built for event ticketing. The ticketing platform creates a meeting platform for...
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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...