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Wema Bank opens N150bn rights issue

13.04.2025
Wema Bank has announced the commencement of its capital raising exercise on April 14, 2025, with a N150bn rights issue. According to a corporate disclosure filed with the Nigerian Exchange Limited on Friday, the bank is undertaking a rights issue of 14,286,785,417 ordinary shares of 50 kobo each based on two new ordinary shares for...
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Crude oil reserves hit 37.28bn barrels – NUPRC

13.04.2025
The Nigerian Upstream Petroleum Regulatory Commission has declared the country’s official petroleum reserves position, revealing a staggering 37.28 billion barrels of crude oil and condensate, alongside an eye-popping 210.54 trillion cubic feet of natural gas. This was disclosed on Friday in a press release titled, ‘The Declaration of Annual National Petroleum Reserves Position as of...
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Gender-responsive social protection vital for equality — ILO

13.04.2025
A new International Labour Organisation working paper has underscored the critical role of gender-responsive social protection policies in closing gender gaps and ensuring equal access to benefits and services for women across the globe. Titled ‘Making social protection work for gender equality: What does it look like? How do we get there?’ the publication was...
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NECA lauds Customs over reforms

13.04.2025
The Nigeria Employers’ Consultative Association has commended the Nigeria Customs Service for the recent policy reforms and operational improvements, particularly in the area of trade facilitation introduced under the current administration. In a statement on Thursday the National Public Relations Officer of the service, made the commendation recently when the President of NECA, Dr. Ifeanyi...
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Firms partner to advance sustainable energy

13.04.2025
Olam Agri and Husk Power Systems have launched a pioneering commercial and industrial solar energy project in Nigeria. The project aims to transform energy use in the production of rice and other agricultural products. The initiative aims to accelerate the transition of agriculture to sustainable energy infrastructure, reduce dependence on costly and polluting diesel generators,...
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You’re Exceptional Leader, A Beacon Of Hope, Otuaro Celebrates Tompolo On Birthday

12.04.2025
The Administrator of the Presidential Amnesty Programme (PAP), Dr Dennis Otuaro, has congratulated the Chairman of TANTITA Security Services Nigeria Limited, High Chief Government Oweizide Ekpemupolo alias Tompolo, on the occasion of his 54th birthday. Otuaro described Tompolo as a humble, selfless and exceptional leader whose entire life had been dedicated to the defence, emancipation...
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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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