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Telcos’ $1bn network investment to boost GDP, operators say

05.05.2025
Nigeria’s telecom operators are injecting $1bn into upgrading aging network infrastructure, a move executives say will boost the country’s economy and connectivity across a market of 160 million subscribers. The investment, including MTN Nigeria’s N202.4bn capital expenditure for the first quarter of 2025, signals robust capital spending to address coverage gaps and rising data demand,...
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LivingTrust Mortgage Bank posts N981m profit

05.05.2025
LivingTrust Mortgage Bank Plc has declared a profit of N981.2m, one of the highest in the bank’s history. This was disclosed in its audited financial statement for the year ended December 31, 2024. According to the board and management, LivingTrust Mortgage Bank demonstrated financial stewardship, balancing risk, maintaining asset quality, and driving profitability with a...
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Abuja CNG-powered taxis slash fares by 40%

05.05.2025
The Chief Executive Officer of the Presidential Compressed Natural Gas Initiative, Michael Oluwagbemi, has announced a 40 per cent transport fare reduction for commuters boarding CNG-powered taxis from the popular Area One Motor Park in Garki, Abuja. The PCNGI CEO made the announcement at a field press briefing in Area 1 park on Friday in...
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2027: APC Mounts Pressure On Fubara To Dump PDP, Back Tinubu

05.05.2025
The All Progressives Congress (APC) States Assembly Forum (ASAF) has urged suspended Rivers State Governor, Siminalayi Fubara, to follow in the footsteps of his Delta State counterpart, Sheriff Oborevwori, by joining the ruling APC. Recently, Oborevwori and his immediate predecessor, Ifeanyi Okowa, defected from the main opposition Peoples Democratic Party (PDP). President Bola Tinubu suspended...
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CITN names Ohagwa as president-elect

05.05.2025
The Chartered Institute of Taxation of Nigeria has elected Mr Innocent Ohagwa as its President-elect, following a unanimous decision by the Governing Council at an extraordinary meeting held on May 1, 2025. According to a statement on Friday by CITN’s Registrar/Chief Executive, Afolake Oso, Ohagwa will officially succeed the current President, Mr Samuel Agbeluyi, on...
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Peter Obi Urges Lawful Conduct In Verydarkman Saga

05.05.2025
Former Anambra State Governor and Labour Party presidential candidate, Mr. Peter Obi, has expressed deep concern over the recent arrest of social media activist, Martin Vincent Otse, popularly known as ‘VeryDarkMan (VDM)’, describing it as a troubling reflection of the nation’s current disregard for due process and civil liberties. In a strongly worded statement shared...
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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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