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CSCS grows revenue to N26.1bn

17.04.2025
The revenue of Central Securities Clearing System Plc has risen by 37 per cent to N26.1bn in the 2024 financial year compared to N19bn in the previous year. This was indicated in a statement on its audited consolidated and separate financial statements for the year ended December 31, 2024, issued on Tuesday. CSCS is the...
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Customs generate N190bn, seize N10bn illicit goods

17.04.2025
The Nigerian Customs Service, Area 2 Command in Onne, Rivers State, has said that it generated over N190bn as revenue in the first quarter of 2025. It stated that during the period under review, its officials seized 20 containers of contraband items illegally imported into the country, worth over N10.2bn. The Customs Area Controller, Area...
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Nigeria cuts power supply to Niger Republic – Report

17.04.2025
The Federal Government has reduced electricity supply and sales to the Junta-ruled Niger Republic by 42 per cent, cutting it down from 80 megawatts to 46MW. The measure has caused the country’s electricity production to fall by 30 to 50 per cent and forced state-owned power company Nigelec to impose planned power cuts that can...
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Refund N182bn to FG, Reps order Remita

17.04.2025
The House of Representatives has ordered financial technology firm, Remita, also known as SystemSpecs Ltd, to refund a total of N182.77bn withheld from the Treasury Single Account since 2015 to the Federal Government following a forensic audit that uncovered the discrepancy. The Public Accounts Committee of the House gave the directive on Wednesday during a...
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New NNPC boss pledges to deliver on mandates

17.04.2025
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mr Bayo Ojulari, has reaffirmed his commitment to forging strong and effective partnerships with key stakeholders to successfully deliver on the strategic mandates entrusted to him by President Bola Tinubu. Ojulari made this pledge on Wednesday during a courtesy visit to the Minister...
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Group Petitions Tinubu, Urges Restraint From EFCC

17.04.2025
The Coalition for Accountability and Good Governance has petitioned President Bola Tinubu over what it described as the unjust treatment of renowned businesswoman and philanthropist, Mrs. Aisha Sulaiman Achimugu, by the Economic and Financial Crimes Commission (EFCC). In a petition signed by its Secretary, Comrade Martins Emmanuel, the group expressed deep concern over the Commission’s...
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EFCC, SEC move to dismantle Ponzi schemes

17.04.2025
The Economic and Financial Crimes Commission and the Securities and Exchange Commission have vowed to hunt down operators of Ponzi schemes nationwide. The Federal Government agencies declared this on Wednesday following the collapse of the digital assets platform, CBEX. The SEC, however, revealed that it had yet to receive formal complaints about the collapsed digital...
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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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