April 2025 – Page 201

FG lauds Caverton Helicopters

04.04.2025

The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has described Caverton Helicopters Company as a pacesetter and leader in the Nigerian aviation sector worthy of emulation. Lokpobiri stated this on Wednesday during a facility tour of the company’s state-of-the-art aircraft maintenance, repair, and overhaul training centre located at Murtala Muhammed International Airport,...

Investors laud 100% increase in Wema Bank’s dividend payout

04.04.2025

Some shareholders of Wema Bank have expressed delight at the 100 per cent increase in the dividend declared per unit for the 2024 financial year. According to its audited report filed with the Nigerian Exchange Limited, the board of Wema Bank proposed a dividend per share of 100 kobo per share (2023: N0.50) based on...

Top 15 News Roundup For Latest Nigeria News April 4

04.04.2025

Here is New Telegraph’s news roundup of the top 15 latest Nigerian news making headlines today Friday, April 4, 2025. Dangote Packaging Limited Launches Advanced Technology In a significant step, the Dangote Packaging Limited (DPL) has commissioned some state-of-the-art machinery to enhance its production capabilities. At the commissioning of the machinery on Wednesday…Read more Akpabio...

CBN refutes new N5,000, N10,000 banknotes report

04.04.2025

The Central Bank of Nigeria declared as fake a report that it had introduced new N5,000 and N10,000 banknotes. In a post on its Instagram page on Wednesday, the bank said that the report did not originate from it. “The content is not from the Central Bank of Nigeria. Kindly note that the official website...

Communities issue 14-day ultimatum to shut down oil production

04.04.2025

Nigeria’s oil production faces a fresh crisis as host communities in Bayelsa State’s coastal region have issued a 14-day ultimatum to NNPC Exploration & Production Limited, threatening to shut down operations at Oil Mining Leases 86 and 88 if their grievances over security contracts are not addressed. The ultimatum, conveyed in a letter dated March...

Transcorp Hotels pays N7.6bn dividend, plans investment diversification

04.04.2025

Transcorp Hotels Plc shareholders have approved the payment of N7.6bn dividend. The company also said it would diversify its investment beyond the hospitality sector. Speaking on the challenges faced during the period, the newly appointed Managing Director/CEO, Uzoamaka Oshogwe, noted the impact of various economic pressures on the company’s operations. Oshogwe, who was appointed in...

LivingTrust Mortgage Bank gets financial reports deadline extension

04.04.2025

Mortgage financial institution, LivingTrust Mortgage Bank Plc has applied for and secured the extension of time within which to file and publish its 2024 Audited Financial Statements. This was disclosed in a statement filed with the Nigerian Exchange Limited signed by its acting company secretary, Dorcas Ajayi, on Thursday. The bank said, “This is to...

Bank recapitalisation underscores capital market’s strength – SEC

04.04.2025

The Securities and Exchange Commission has said that the ongoing banking sector recapitalisation exercise is a testament to the strength and resilience of Nigeria’s capital market. SEC Director-General Dr Emomotimi Agama disclosed this in Abuja while highlighting key provisions of the newly enacted Investments and Securities Act 2025, describing it as a transformative law that...

African start-ups record lowest monthly funding since 2000

04.04.2025

Start-ups in Africa recorded $50m in funding inflow in March, the lowest monthly tally since late 2020, a new report has indicated. According to Africa: The Big Deal, which focuses on the start-up sector on the continent, there has been a decline in funding flow to start-ups from February, which worsened in March. The start-up...

Private sector job growth sustained for fourth month

04.04.2025

The private sector increased employment again in March, marking the fourth month running in which this has been the case. This was disclosed in the Stanbic IBTC Bank Nigeria Purchasing Managers’ Index made available to The PUNCH on Wednesday, which showed that, although slight, the pace of job creation quickened to the fastest since August...

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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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Latest News

FG lauds Caverton Helicopters

Investors laud 100% increase in Wema Bank’s dividend payout

Top 15 News Roundup For Latest Nigeria News April 4

CBN refutes new N5,000, N10,000 banknotes report

Communities issue 14-day ultimatum to shut down oil production

Transcorp Hotels pays N7.6bn dividend, plans investment diversification

LivingTrust Mortgage Bank gets financial reports deadline extension

Bank recapitalisation underscores capital market’s strength – SEC

African start-ups record lowest monthly funding since 2000

Private sector job growth sustained for fourth month

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I apologise for saying no heaven without tithe – Adeboye

Protesters storm Rivers electoral commission, insist election must hold

Man who asked Tinubu to resign admitted in psychiatric hospital

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