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CBN raises N804bn at open market auction

03.05.2025
The Central Bank of Nigeria has raised a total of N804.85bn at its Open Market Operations auction conducted on Monday, April 29, 2025, as investors continued to chase high-yield securities amid excess liquidity and elevated inflation expectations. Total subscriptions at the auction stood at N1.057tn, representing an oversubscription of 111 per cent. Although strong, it...
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ACCI advocates social justice, decent work

03.05.2025
The Abuja Chamber of Commerce and Industry has called on the government, businesses, and civil society to unite in promoting policies that guarantee decent employment, protect workers’ rights, and foster equitable growth across all sectors of the economy. In a message released to commemorate the 2025 International Workers’ Day, the chamber said that social justice...
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ABC Transport suffers N116m FX loss

03.05.2025
ABC Transport Plc reported a foreign exchange loss of N116.4m in the first quarter ended March 31, 2025, despite returning to profitability during the period under review. According to the company’s unaudited financial statement filed with the Nigerian Exchange Limited, the group posted a profit after tax of N223.2m, a strong rebound from the loss...
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I’ve No Intention Of Joining APC – Gov Otti

03.05.2025
…insists ‘even if I’ve to move, I’ll not be blackmailed’   Governor Alex Otti of Abia State has said that he has no intention of defecting from the Labour Party (LP) to the All Progressives Congress (APC) despite the recent gale of defections in the country. Otti insisted that nobody could blackmail him into leaving...
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Oil Prices Fall As OPEC Meets

03.05.2025
Oil prices dipped yesterday as traders’ squared positions ahead of a meeting by the Organisation of Petroleum Exporting Countries and its allies (OPEC+). The price fall was also attributed to some caution about a potential de-escalation of the trade dispute between China and the United States. According to Reuters, Brent crude futures fell by 56...
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Court Imprisons Herder 10 Years In Ondo

03.05.2025
A herder, Dan Bello has been sentenced to ten years in jail by a Magistrate Court sitting in Akure for violating the anti-grazing law of Ondo State. The herdsman was also convicted for the destruction of farm crops valued at N50 million, contrary to the law of the state. The convict was arraigned on a...
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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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