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NGX rebounds as market cap gains N539.98bn

28.05.2025
The Nigerian Exchange rebounded on Monday, gaining N539.98bn in market capitalisation and effectively reversing losses recorded in the previous week. The benchmark All-Share Index rose by 924.38 points, or 0.85 per cent to close at 109,953.00 basis points, compared to 109,028.62 points recorded on Friday. Consequently, the market capitalisation rose from N68.8 tn to N69.3...
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NAHCO eyes N300bn turnover in five years

28.05.2025
The Nigerian Aviation Handling Company Plc has revealed plans to grow its turnover to ₦300bn within the next five years as part of a plan aimed at expanding its operations and strengthening shareholder value. Speaking at the company’s Annual General Meeting held over the weekend, Chairman of NAHCO, Seinde Fadeni, said the board and management...
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Alpha Morgan gets leadership nod

28.05.2025
In a show of support for Nigeria’s evolving banking sector, Principal Consultant at Sam Adeyemi GLC, Sam Adeyemi, has commended Alpha Morgan Bank for its visionary leadership and commitment to customer satisfaction. In a statement made available to our correspondent on Sunday, Adeyemi made the remarks during a recent visit to the bank, where he...
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Stanbic IBTC partners firm to empower young entrepreneurs

28.05.2025
Orange Corners Nigeria has partnered with Stanbic IBTC Bank to support young entrepreneurs in the country. Orange Corners Nigeria is an initiative of the Kingdom of the Netherlands implemented locally by the Fate Foundation. The foundation announced its partnership with Stanbic IBTC Bank during a recent ceremony held in Lagos. According to a statement, Fate...
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Ekpo tells gas producers to raise output

28.05.2025
The Minister of State Petroleum Resources (Gas), Ekperikpe Ekpo, has charged major gas-producing companies operating in Nigeria to take concrete steps to increase daily gas production by one billion standard cubic feet per annum between 2025 and 2030. Ekpo said this is necessary to meet the national gas production aspirations and bring an end to...
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Operators tackle FG over enforcement of helicopter landing charge

28.05.2025
The long-standing dispute between helicopter operators and the Federal Government has resurfaced as the Nigerian Airspace Management Agency moves to reintroduce the controversial $300 helicopter landing fee. An internal memo obtained exclusively by The PUNCH on Monday revealed that the suspension of the fee has been lifted, and collection is set to resume immediately. The...
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World Bank pressures Nigeria for fresh tax hike

28.05.2025
The World Bank has asked the Federal Government to issue a presidential order raising excise duties on “sin goods” such as alcohol, tobacco, and sugary drinks as a key requirement under the $750m loan granted to Nigeria to reform its non-oil revenue mobilisation efforts. This requirement was captured in the World Bank’s latest Implementation Status...
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Gombe Gov Lays Foundation For New Ultra-Modern State Secretariat

28.05.2025
…Inuwa Yahaya Breaks 29-Year-old Developmental Stalemate Barely days after unveiling the architectural design and signing the contract for the long-awaited Gombe State Secretariat Complex, Governor Muhammadu Inuwa Yahaya has officially performed the foundation laying ceremony for what is set to become a landmark edifice in the state’s administrative history. Speaking at the groundbreaking event, Governor...
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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
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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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