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Nascon records 77% Q1 revenue growth

Nascon Allied Industries Plc has reported a remarkable 77 per cent increase in its revenue for the first quarter of 2025. According to the company’s unaudited financial statements for the period ending 31 March 2025 filed on the Nigeria Exchange Limited recently, the company’s revenue from contracts with customers surged to N41.9bn, compared to N23.6bn...
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PDP Threatens Legal Action Against Oborevwori, Others

The National Working Committee (NWC) of the Peoples Democratic Party (PDP) on Tuesday resolved to initiate legal proceedings against the Delta State Governor, Sheriff Oborevwori, and other key stakeholders who recently defected to the All Progressives Congress (APC). New Telegraph gathered that after a six-hour closed-door meeting at its national secretariat in Abuja on Tuesday,...
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Govs Call For Timely Activation Of New Revenue Formula

The Nigeria Governors’ Forum (NGF) has emphasised the urgency of having a new revenue allocation formula that aligns with the current economic realities. Chairman of the Forum and Executive Governor of Kwara State, AbdulRahman AbdulRazaq, underscored the need for a review of the revenue formula which has been a work-in-progress for decades. Represented by Razaq...
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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...