April 2025 – Page 221

Foreign airlines pay N25bn yearly for aircraft towing

02.04.2025

International airlines that operate into Nigeria pay about N25bn annually for the towing of their aircraft, as the Federal Airport Authority of Nigeria has not been able to import the already procured aero bridges. In developed nations, aero bridges align with the aircraft doors, making immediate embarkation easy and swift. But in Nigeria, airlines pay...

Naira Devaluation Boosts Non-Oil Export Value By 24.79% To $7.45bn

02.04.2025

The country’s earnings from non-oil exports last year amounted to $7.45 billion, according to data released by the Central Bank of Nigeria (CBN). The amount is 24.79 per cent, or $1.48 billion, higher than the $5.97 billion that the nation generated from non-oil exports in 2023. New Telegraph’s analysis of CBN’s quarterly and monthly economic...

Banks pay FG N205bn, owe N600bn

02.04.2025

Six banks have paid about N205.59bn as windfall tax in the 2024 financial year, indicating that attempts to lobby the government to reduce the tax failed. According to the audited reports filed with the Nigerian Exchange Limited, the banks have already started to comply with the new regulation. The banks that have reported payments include...

Barth Nnaji To Deliver The Bullion Lecture

02.04.2025

Globally acclaimed energy expert, Professor Barth Nnaji, is to deliver the 2025 edition of The Bullion Lecture. The theme of the lecture is “Architecting the Energy Sector for Nigeria’s $1-Trillion Economy Vision”. The lecture is scheduled for 10am on April 10, at The Civic Centre, Victoria Island, Lagos. Nnaji, a recipient of three national honours:...

NSIA grows net assets to N4.35tn

02.04.2025

The Nigeria Sovereign Investment Authority has announced its audited financial results for the 2024 financial year, revealing a growth in net assets despite global economic challenges. In a statement signed by NSIA’s Head of Corporate Communications, Joyce Onyegbula, on Monday, the authority reported that its net assets nearly doubled, increasing by 96 per cent to...

Drinking From Plastic Bottles Linked To High Blood Pressure –Study

02.04.2025

New studies suggest that plastic particles are influencing human blood pressure, a condition linked to serious cardiovascular problems. Results of the study were published in the journal ‘Micro plastics’. According to Dr. Johanna Fischer from the Department of Medicine at Danube Private University in Austria, a few recent findings have sparked new debates about what...

FG, Dangote set for talks as refinery imports 12.6m barrels

02.04.2025

There are indications that the naira-for-crude policy of the Federal Government may continue, as impeccable insider sources familiar with the development insisted on Monday that all parties involved in the deal would reconvene soon. The first phase of the six-month deal involving the Federal Government, Nigerian National Petroleum Company Limited, and Dangote Petroleum Refinery ended...

Eid-El-Fitr: COAS Rallies Troops To Wipe Out Remnants Of Boko Haram

02.04.2025

The Chief of Army Staff (COAS) Lt.-Gen. Olufemi Oluyede yesterday ordered troops battling Boko Haram fighters in the North West to completely wipe out the insurgents. Oluyede, who issued the order when he celebrated Eid-el-Fitr with wounded soldiers at the Maimalari Cantonment Maiduguri, urged the troops to remain steadfast and committed to the mission rid...

Blaaiz appoints new non-executive board member

02.04.2025

In a decisive move to accelerate its global footprint, Blaaiz, a cross-border payments company, has appointed Oladunjoye Afolabi as a non-executive board member. A statement noted that this strategic addition underscores the company’s aggressive expansion strategy across Africa, North America, and Europe. Afolabi, a distinguished executive and transformational business strategist, brings over 18 years of...

Edo Guber: Tribunal To Deliver Judgment On Election Petition Today

02.04.2025

There is heightened tension in Edo State as the governorship election tribunal will today deliver judgment on the petition filed by the Peoples Democratic Party (PDP) on the outcome of the poll. The governorship election was held on September 21 last year. The Independent National Electoral Commission (INEC) had declared Monday Okpebholo, the candidate of...

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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

Foreign airlines pay N25bn yearly for aircraft towing

Naira Devaluation Boosts Non-Oil Export Value By 24.79% To $7.45bn

Banks pay FG N205bn, owe N600bn

Barth Nnaji To Deliver The Bullion Lecture

NSIA grows net assets to N4.35tn

Drinking From Plastic Bottles Linked To High Blood Pressure –Study

FG, Dangote set for talks as refinery imports 12.6m barrels

Eid-El-Fitr: COAS Rallies Troops To Wipe Out Remnants Of Boko Haram

Blaaiz appoints new non-executive board member

Edo Guber: Tribunal To Deliver Judgment On Election Petition Today

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