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MTN invests N3.5bn in social investment initiatives

09.05.2025
MTN Nigeria Communications Plc has announced a N3.5bn investment in Corporate Social Investment initiatives in 2024, bringing its total CSI spending to N31.9bn since inception, as part of efforts to deepen environmental sustainability, digital inclusion, and socio-economic impact across the country. The company’s Chief Corporate Services and Sustainability Officer, Tobe Okigbo, disclosed this during the...
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NGX ends day in green with N240bn boost

09.05.2025
The Nigerian Exchange closed in positive territory on Thursday, adding N240bn to its market capitalisation despite a slowdown in trading volume, turnover, and deal numbers. At the close of the session, the All-Share Index rose by 382.13 points or 0.35 per cent to settle at 109,231.96 points. This brought the market’s one-week return to 3.24...
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Ecobank champions local artistry with Lagos exhibition

09.05.2025
Ecobank Nigeria has announced the return of its cultural showcase, the Adire Lagos Exhibition, in its fourth edition. In a statement on Wednesday, this year’s Adire Lagos Exhibition promises to be a celebration of Nigeria’s cultural heritage, highlighting the artistry and tradition of Adire fabric, a timeless part of Nigerian history. With over 120 vendors...
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Lagos VIS, FRSC impound 28 trucks

09.05.2025
The Lagos State Vehicle Inspection Service, in a joint operation with the Federal Road Safety Corps, on Wednesday, said it has impounded 28 trucks and articulated vehicles. The impounded vehicles were said to have violated different traffic rules, truncating safety protocols in the state. A statement by the Lagos State Ministry of Transport explained that...
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NAHCO signs contracts with five airlines

09.05.2025
The Nigerian Aviation Handling Company Plc, a provider of aviation ground services in Nigeria, has announced the signing of contracts with five airlines, comprising both local and international carriers. In a statement on Wednesday, NAHCO revealed that it secured a five-year contract with Royal Air Maroc for cargo freighter and warehousing services in Lagos and...
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Nigeria, Brazil renew bilateral agreement

09.05.2025
The Federal Government and the Federative Republic of Brazil have revived the Bilateral Air Service Agreement arrangement between Nigeria and Brazil, which had stalled years ago. The countries have immediately set up a technical working group tasked with harmonising the BASA for signature within the coming weeks. This was made public through a statement signed...
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Power consumers owe Discos N54bn in February – NERC

09.05.2025
Electricity consumers owe the distribution companies up to N54bn for the power consumed in February this year, according to a report by the Nigerian Electricity Regulatory Commission. In its Factsheet for February, NERC disclosed that the 12 Discos were able to recover N191.75bn out of the N245.93bn total billings. This represents 77.9 per cent collection...
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Lagos, banks partner to create 10,000 MSME jobs

09.05.2025
Lagos State Government, in collaboration with the Bank of Industry and Sterling Bank, has launched a new initiative aimed at empowering Micro, Small, and Medium Enterprises with access to affordable finance and support. In a statement on Wednesday, the partnership, sealed with the signing of a Memorandum of Understanding, aims to provide MSMEs with single-digit...
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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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