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Aso Savings Reports N89m Net Income in 2023

10.06.2025
ASO Savings & Loan Plc recorded a profit after tax of N89m for the year ended December 31, 2023, reflecting a slight improvement compared to the N85m profit posted in 2022. According to the company’s audited financial statements, released recently, the firm’s interest income stood at N1.16bn, while interest expense was N1.01bn, resulting in a...
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Savannah Energy Hits $393m Revenue Mark

10.06.2025
British independent energy firm SCVD12avannah Energy Plc has reported a total income of $393.8m for the financial year ended 31 December 2024, marking an increase from the $289.8m recorded in 2023. According to the company’s unaudited results released recently, the total income comprises $258.9m in revenues and $134.9m in other operating income. While revenues were...
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Town Planners’ New Agenda: 5 Key Goals

10.06.2025
The newly elected Chairperson of the Association of Women Town Planners in Nigeria, Lagos State Chapter, Yemisi Alaka, has set a five-point agenda for the association. In a statement, Alaka noted that she has promised to tirelessly work in promoting the interests of women in town planning and advancing the goals of the association. She...
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Sovereign Trust Profit Soars 79% to N2.35bn

10.06.2025
Sovereign Trust Insurance Plc has recorded an improvement in its full-year financial performance, with profit after tax rising by 79 per cent to N2.35bn for the year ended December 31, 2024, up from N1.30bn in the corresponding period of 2023. The company attributed its profitability increase to a surge in insurance revenue, improved investment returns,...
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Nigeria Economy Growing Despite Challenges: Minister

10.06.2025
Minister of Budget and Economic Planning, Senator Atiku Bagudu, has highlighted President Bola Tinubu’s “bold reforms” from the last two years, asserting that they are steadily preparing Nigeria’s economy for lasting recovery and growth, despite current hardships. Meanwhile, a member of the recently launched North West Development Commission, Aminu Suleiman, appealed to Nigerians for patience...
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Nigeria Crude Export: Green Energy’s Historic First

10.06.2025
Green Energy International Limited has concluded the first crude oil export from its newly constructed Otakikpo onshore terminal, marking a major milestone in Nigeria’s oil and gas industry. The company said the export was completed at about 2 pm on Sunday, June 8, when an off-taker vessel chartered by Shell lifted the maiden crude cargo...
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Nigeria Mining Training: FG Partners Australian Varsity

10.06.2025
The Minister of Solid Minerals Development, Dr Dele Alake, has launched a capacity enhancement programme for the first batch of Nigerian mining professionals at Murdoch University,  Australia. The initiative is a key outcome of the Nigeria–Australia collaboration with the support of the Commonwealth Government, aimed at addressing skill gaps in the mining sector and deepening...
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Stakeholders Advocate for Healthier Practices

10.06.2025
Stakeholders have championed clean cooking practices to improve health and environmental outcomes following a recently held NaijaCookWise campaign in Abuja. According to a statement, the event, organised by SustyVibes, brought together government officials, NGOs, manufacturers, community leaders, innovators and youth advocates to advance cleaner, safer and more accessible cooking solutions nationwide. Speaking at the event,...
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Oil Licenses Face June Deadline: Firms Scramble to Convert

10.06.2025
The Nigerian Upstream Petroleum Regulatory Commission says several licensees have formally applied for the conversion of their Petroleum Prospecting Licences to Petroleum Mining Leases. This, it was learnt, became necessary to prevent the expiration of about 40 PPLs granted in June 2022. The NUPRC made this known in a statement clarifying the position of the...
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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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