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NGX gains N1.54tn as Nigerian stocks rise 1.63%

15.12.2025
The Nigerian Exchange closed last week on a positive note, gaining N1.54tn as the All-Share Index rose by 1.63 per cent despite a decline in trading volume. Financial services stocks dominated activity, followed by ICT and oil and gas, reflecting selective investor interest across key sectors. Analysts said the market’s resilience, supported by strong sector...
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8 Escape Unhurt in Kano Aircraft Landing Gear Collapse

15.12.2025
Eight persons escaped death on Sunday after a FlyBird aircraft was involved in a landing incident at the Mallam Aminu Kano International Airport, Kano State, prompting an investigation by the Nigerian Safety Investigation Bureau. The aircraft, a Hawker 800XP operated by FlyBird Aircraft Management Services Limited, was on a non-scheduled domestic passenger flight from the...
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Dangote Attacks NMDPRA Boss Over Alleged Corruption

15.12.2025
The President of the Dangote Group, Alhaji Aliko Dangote, on Sunday alleged that the Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, Farouk Ahmed, paid about $5m for the secondary school education of his four children in Switzerland, calling for a full investigation and public explanation. Dangote said Ahmed must appear before...
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OGFZA Seeks 10-Year Tax Exemption for Oil & Gas Zones

15.12.2025
The Oil and Gas Free Zones Authority has backed calls for a 10-year tax exemption for operators in Nigeria’s oil and gas free zones, warning that an abrupt application of the new tax law could disrupt long-term investments and undermine investor confidence. The Managing Director and Chief Executive Officer of OGFZA, Bamanga Jada, made the...
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Wema Bank announces N120m prize for Hackaholics finale

15.12.2025
Wema Bank has announced N120m worth of prizes for the Hackaholics 6.0 Grand Finale following the emergence of 35 teams from regional pitch sessions that recorded 1,460 participants across seven cities in Nigeria. According to a statement from the bank on Sunday, the Managing Director/Chief Executive Officer of Wema Bank, Moruf Oseni, disclosed that the...
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Lasaco Assurance gets approval for N25bn capital raise

15.12.2025
The shareholders of Lasaco Assurance have approved for the board and management of the firm to raise an additional N25bn in fresh capital via a rights issue and private placement. The approval was given at the just-held Extraordinary General Meeting of the firm, whose resolutions were filed with the Nigerian Exchange Limited. The PUNCH reported...
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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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