Latest news

Facebook-f X-twitter Telegram Instagram Whatsapp

Latest News

NERC orders Discos to buy 95% power supply

01.01.2025
The Nigerian Electricity Regulatory Commission has declared that electricity distribution companies that fail to pick up at least 95 per cent of the energy provided for two consecutive months will face penalties. The commission disclosed this in a new regulatory instrument cited as Addendum 1 to the Order on Performance Monitoring Framework for Distribution Companies...
Read more

Equity market closes year 2024 with N135bn loss

01.01.2025
Transactions on the floor of the Nigerian Exchange Limited on Tuesday ended the year on a negative note, with the All-Share Index declining by 0.22 per cent to close at 102,926.40 points from the previous 103,149.35 points. The total market capitalisation dropped by N135bn, closing at N62.76tn, marking the final trading day of the year,...
Read more

Telecom subscribers reject proposed tariff hike

01.01.2025
The National Association of Telecoms Subscribers has rejected the proposed increase in telecommunication tariffs, describing the plan as “insensitive” and a further burden on consumers already grappling with economic hardship. The decision to reject the hike came after an emergency meeting held on Tuesday, where the association issued a communique outlining their objections. The backlash...
Read more

‘Tech revolution reshaping financial services’

01.01.2025
A seasoned finance professional, Oluwatoyin Ayodele, has stated that technology is no longer just a tool but a transformative force in the rapidly evolving financial sector. According to Ayodele, financial institutions are leveraging cutting-edge innovations, from artificial intelligence to digital security, to address systemic challenges, broaden inclusion, and foster growth. Ayodele said, “This represents a...
Read more

NGX opens week with N987bn gain

01.01.2025
At the close of the first trading day of the week, the Nigerian Exchange Limited recorded a market capitalisation of N62.5tn, with a total of 641,117,293 shares traded in 13,778 deals. The value of these transactions amounted to N15.50bn, reflecting a 44 per cent increase in trading volume, a 3 per cent increase in turnover,...
Read more

Citibank marks 40th anniversary

01.01.2025
Citibank Nigeria Limited has marked its 40th anniversary, celebrating decades in the financial sector. In a statement issued to The PUNCH on Sunday, the bank highlighted its journey from its foundation as Nigeria International Bank Limited to becoming a player in Nigeria’s banking landscape. The Chairman of the Board of Directors, Shamsuddeen Usman, said, “Citi...
Read more

Aproko Doctor donates solar system to Epe hospital

01.01.2025
A renowned health advocate and medical doctor, Dr Chinonso Egemba, popularly known as Aproko Doctor, has donated an 11KW solar power solution to the Mother-Child Centre at Epe General Hospital in Lagos. The disclosure was made in a statement on Monday. The solar system, powered by cutting-edge Luminous Rayverter technology, ensures uninterrupted electricity for critical...
Read more

NCS intercepts 2,000 bags of rice, 844 rifles

01.01.2025
The Nigeria Customs Service, Federal Operations Unit, Zone A, Ikeja said it intercepted about seven trucks carrying over 2,000 bags of 50kg foreign parboiled rice in a single operation. This came as the Comptroller-General of Customs, Adewale Adeniyi, announced that through intelligence-led operations, the service intercepted several arms shipments, including 844 rifles and 112,500 rounds...
Read more

Ogun gets electricity regulatory oversight licence

01.01.2025
The Federal Government, through the Nigerian Electricity Regulatory Commission, has announced the transfer of regulatory oversight of the electricity market in Ogun State to the newly established Ogun State Electricity Regulatory Commission. This development, which came days after the commission granted regulatory oversight to the Lagos State Electricity Regulatory Commission, was announced in a statement...
Read more
1 … 1,054 1,055 1,056 1,057 1,058 … 1,177

Must Read

Popular Posts

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...

You may have missed it

Follow Us on Social Media

Facebook-f Twitter Youtube Instagram

© Copyright 2024

Themes