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Kalu Receives PDP Bigwig, Others Into APC In Abia

Ahead of the 2027 general election campaigns, the Deputy Speaker of the House of Representatives, Benjamin Kalu, on Monday received Chris Igwe into the All Progressives Congress (APC) in Umunneochi Local Government Area of Abia State. Igwe, popularly known as “Chris Nak,” is the Chairman and Chief Executive Officer of Mainland Oil and Gas Limited....
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Q1’25: Seplat Energy’s Revenue Hits N1.228trn

Seplat Energy PLC’s revenue for the first quarter of 2025 has risen to N1.228 trillion, from N268.6 billion reported in the same quarter last year. It added that its gross profit soared to N535.4 billion from N63.8 billion Year-on-Year. The leading Nigerian independent energy company listed on both the Nigerian Exchange and the London Stock...
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Afreximbank Launches $3bn Intra-African Oil Import Financing Programme

To address Africa’s persistent reliance on imported refined petroleum products, which account fo $30 billion annually in petroleum import costs, African Export-Import Bank (Afreximbank) has launched a $3 billion Revolving Intra-African Oil Trade Financing Programme to finance the purchase of refined petroleum products by African and Caribbean oil buyers. As a revolving facility, the bank...
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SEC Preaches Co-operation Among African Markets

The Securities and Exchange Commission (SEC) has urged cooperation among African markets in a bid to build a stronger interconnection within the continent and enhance development of new products. Director General of the Securities and Exchange Commission, Dr. Emomotimi Agama, made the call during a visit of the Board of the SEC to the Autorite...
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Investors advocate increased capital deployment in economy

The African Private Capital Association has called for increased capital deployment into Nigeria’s economy. This call was made at the 21st Annual Africa Venture Capital Association Conference held on Monday in Lagos. The event, themed Bold Moves: Powering 10x in Africa, saw industry leaders from various investment firms discuss the current economic climate and highlight...
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Rivers NBA Chairmen Condemns Query Issued By Ibas

Chairmen of the eight Nigerian Bar Association (NBA) branches in Rivers State issued a strong condemnation of a recent query issued to the Chairman of the NBA Port Harcourt Branch, Cordelia Eke, by the Administrator of Rivers State Vice Admiral Ibok-Ete Ibas (Rtd) through the Ministry of Justice. New Telegraph gathered that the query which...
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Davido Celebrates ‘5ive’ Album With Fans

Nigerian music megastar, Davido, has hosted an exclusive meetand-greet event to commemorate the release of his highly anticipated fifth studio album, “5IVE”. The News Agency of Nigeria (NAN) reports that the event was powered by Spotify music streaming platform. It brought together 50 lucky superfans and five media partners for a rare, behind-the-scene look at...
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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...