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Analysts link naira rebound to oil price, others

17.04.2025
The naira showed renewed strength at both the official and parallel markets at the start of the week, buoyed by a combination of internal and external factors. Analysts say the rebound, from a low of 1,635/$ to about 1,615/$ in the parallel market, reflects improving investor sentiment, sustained interventions by the Central Bank of Nigeria...
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Reps Seek To Strengthen Nigeria Ties With Bulgaria

17.04.2025
The House of Representatives has promised to strengthen the existing relationship between Nigeria and Bulgaria on the parliamentary, diplomatic and business fronts. Chairman of the House Committee on NigeriaBulgaria Parliamentary Group, Munachim Alozie, stated this at a farewell meeting with the outgoing Bulgarian Ambassador to Nigeria, Amb. Yanko Yordanov yesterday. He said: “It is my...
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Sahara Group, Amigo LNG sign gas purchase agreement

17.04.2025
Sahara Group, a global energy and infrastructure conglomerate, has signed a landmark 20-year Liquefied Natural Gas Sales and Purchase Agreement with Amigo LNG S.A. de C.V., the Mexican subsidiary of Singapore-based LNG Alliance, to enhance global efforts to drive seamless energy access and security. Under the terms of the agreement, Sahara Group will purchase 0.6...
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Local investors lead as African venture capital raises $3.6bn

17.04.2025
The African Private Capital Association has revealed that the African continent secured $3.6bn in venture capital funding, including $1bn from venture debt, in 2024. This was indicated in the statement accompanying the release of the 2024 Venture Capital in Africa Report. This report, which is in its sixth edition, revealed that Africa experienced a market...
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Stakeholders unite against e-call-up racketeering at ports

17.04.2025
Container traffic is gradually returning to the Lagos Ports axis, including the Apapa and Tincan Island Ports, findings by The PUNCH show. This is even as the Trucks Transit Park Limited, managers of the Electronic Call-up System introduced by the Nigerian Ports Authority, Nigeria Customs Service, and licensed agents, have moved to tackle the racketeering...
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FCMB trains entrepreneurs – Punch Newspapers

17.04.2025
First City Monument Bank has trained entrepreneurs through its Business Empowerment, Sustainability and Training Masterclass, which participants have credited with transforming their business operations and mindset. FCMB concluded the programme’s last phase in March, training participants in Ogun, Oyo, Osun, Ondo, and Kwara states. According to a statement, the BEST sessions focused on financial literacy,...
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FG slams past administrations for power woes

17.04.2025
The Federal Government through the Minister of Power, Adebayo Adelabu, has blamed past administrations for the power challenges facing the country. Adelabu said former Nigerian Presidents and military rulers failed to do things differently, but were expecting different results. A statement by the minister’s media aide, Bolaji Tunji, on Wednesday, said Adelabu made the comments...
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Rivers Govt Speaks On Summoning Fubara, Deputy Over Appointments

17.04.2025
The Rivers State Government on Wednesday distanced itself from the news reports making rounds that its summoned the suspended Governor, Siminalayi Fubara, and his deputy, Professor Ngozi Nma Odu to account for appointments made over the past two years. Debunking the purported reports, the State government described the viral reports as “False and misleading.” In a statement...
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Tinubu flags off construction of Ebonyi-Calabar superhighway

17.04.2025
President Bola Tinubu has flagged off the construction of the 465-kilometre Calabar-Ebonyi-Benue-Nasarawa-Abuja Superhighway. The flag-off ceremony for the legacy project took place at Amuro Primary School in the Afikpo Local Government Area of Ebonyi State on Wednesday. Represented by the Ebonyi State Governor, Francis Nwifuru, Tinubu thanked the people of the South-East for their continued...
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FIRS blames revenue loss on poor data

17.04.2025
The Executive Chairman of the Federal Inland Revenue Service, Zacch Adedeji, on Tuesday, revealed that revenue lost to tax expenditure remains difficult to quantify due to poor data availability across relevant government agencies. He said this is because tax incentives are not properly weighed against their real economic benefits, which makes it hard to know...
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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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