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FAAN seeks cooperation as festive travel peaks in Nigeria

As the festive travel season reaches its peak across the country’s airports, the Federal Airports Authority of Nigeria has called on all aviation stakeholders to work collaboratively to ensure a seamless and pleasant experience for passengers. The appeal was made on Monday by FAAN’s Director of Public Affairs and Consumer Protection, Mr Henry Agbebire, who...
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Passengers shift to trains over 50% train fare discount

A large number of passengers trooped to railway stations across the country on Tuesday as the Federal Government’s 50 per cent discounted Yuletide train service commenced. The Nigerian Railway Corporation said major routes recorded heavy traffic and near-full capacity operations. This development was disclosed in a statement made available to The PUNCH on Tuesday by...
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Global Equities Rise on Strong US Economic Data

Global equities rose on Tuesday as stronger-than-expected economic data from the United States lifted investor sentiment, while Treasury yields climbed and the Japanese yen strengthened following warnings from Tokyo on currency intervention, Reuters reported. Data showed that the US economy grew at an annualised rate of 4.3 per cent in the third quarter, surpassing analysts’...
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Legend Internet Commercial Paper Closes Oversubscribed

Legend Internet Plc has recorded a financial milestone after its Commercial Paper issuance closed with over 100 per cent subscription, underscoring strong investor confidence in the company’s business model, growth strategy and long-term outlook. The oversubscription reflects market sentiment towards the broadband and digital services provider, despite prevailing macroeconomic headwinds, and strengthens its liquidity position...
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Seplat completes onshore asset conversion to PIA regime

Seplat Energy Plc has completed the conversion of its operated onshore assets to the Petroleum Industry Act fiscal regime, replacing the former Petroleum Profit Tax framework, in a move expected to support improved profitability and operational efficiency. The company disclosed in a notice filed on the Nigerian Exchange Limited on Tuesday that its subsidiaries, Seplat...
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NiDCC targets $20bn diaspora remittance with new platforms

The Nigerians in Diaspora Chamber of Commerce has introduced investment platforms targeted at Nigerians in the diaspora. The Chamber, according to a statement, formally launched eight prospective projects on Monday in Lagos at an event themed ‘The People, the Business, and the Future of Emerging Markets’. Speaking at the launch, the President of NiDCC, Mrs...
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FirstBank Appoints Chair for Samuel Asabia Business Ethics

FirstBank has announced Professor Kenneth Amaeshi as the first occupier of the FirstBank Samuel Asabia Professorial Chair of Business Ethics at the University of Lagos. The announcement was made in a statement on Monday. The FirstBank Samuel Asabia Professorial Chair of Business Ethics is an academic position at UNILAG, instituted in 1994 as part of...
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NEM Group Honours Outstanding Staff & Retirees at 2025 Event

The NEM Group has recognised outstanding staff and retirees at its 2025 end-of-year celebration at the Group’s head office in Lagos. The celebration brought together representatives of NEM Insurance Plc, NEM Asset Management Limited and NEM Health Limited. Speaking at the event, Group Chairman Tope Smart expressed appreciation to employees and clients whose contributions helped...
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Regent MFB lending crosses N10bn milestone for MSMEs

Regent Microfinance Bank has distributed over N10bn in cumulative loan disbursements to Micro, Small, and Medium Enterprises across the country. Disclosing this in a statement on Monday, the MfB said that the milestone reflected its commitment to close Nigeria’s persistent credit gap, empower entrepreneurs, and accelerate sustainable economic growth. The PUNCH reports that Regent Microfinance...
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N590bn Power Sector Bond Deadline Nears for Investors

Investors interested in the Federal Government offer to boost liquidity in the power sector have less than nine days to subscribe to the N590bn Series 1 Power Sector Bond issued by NBET Finance Company Plc, with the offer scheduled to close on December 30, 2025, The PUNCH reports. The bond, launched under the N4tn Presidential...
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I apologise for saying no heaven without tithe – Adeboye

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

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

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...