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NGX reverses gains as investors lose N445bn

18.04.2025
The Nigerian Exchange reversed previous gains on Wednesday, April 16, as investors lost N445bn following a widespread decline in banking stocks, especially Guaranty Trust Holding Company and Zenith Bank. At the close of trading, the All-Share Index dropped by 708.14 points, representing a 0.68 per cent decline, to settle at 103,851.88 points. This downward movement...
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NGX hails retired directors for market development

18.04.2025
Nigerian Exchange Group has commended its retired directors for their leadership and contribution to the development of the capital market. The reception for the retired directors, which was held after the Group’s 64th Annual General Meeting in Lagos, brought together a distinguished gathering of regulatory leaders, government officials, traditional rulers, and members of the diplomatic...
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New NNPC boss pledges to deliver on mandates

18.04.2025
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mr Bayo Ojulari, has reaffirmed his commitment to forging strong and effective partnerships with key stakeholders to successfully deliver on the strategic mandates entrusted to him by President Bola Tinubu. Ojulari made this pledge on Wednesday during a courtesy visit to the Minister...
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PTML Customs post N189bn revenue

18.04.2025
The Nigeria Customs Service, Ports Terminal Multiservices Limited Command, said it collected N189.5bn as revenue from November 2024 to mid-April 2025 using the Unified Customs Management System, also known as B’Odogwu. The command announced this in a statement on Wednesday signed by its Public Relations Officer, Abdullahi Abubakar. According to him, the Customs Area Controller...
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Group commends Oyetola over Akinola’s appointment

18.04.2025
A maritime group under the auspices of the Shipping Correspondents Association of Nigeria has commended the Minister for Marine and Blue Economy, Gboyega Oyetola, for appointing Dr Bolaji Akinola as Special Adviser on Media and Communications. In Wednesday’s release, which was jointly signed by the President of SCAN, Moses Ebosele, and Secretary, Shulammite Olowofoyeku, the...
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CSCS grows revenue to N26.1bn

17.04.2025
The revenue of Central Securities Clearing System Plc has risen by 37 per cent to N26.1bn in the 2024 financial year compared to N19bn in the previous year. This was indicated in a statement on its audited consolidated and separate financial statements for the year ended December 31, 2024, issued on Tuesday. CSCS is the...
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Customs generate N190bn, seize N10bn illicit goods

17.04.2025
The Nigerian Customs Service, Area 2 Command in Onne, Rivers State, has said that it generated over N190bn as revenue in the first quarter of 2025. It stated that during the period under review, its officials seized 20 containers of contraband items illegally imported into the country, worth over N10.2bn. The Customs Area Controller, Area...
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Nigeria cuts power supply to Niger Republic – Report

17.04.2025
The Federal Government has reduced electricity supply and sales to the Junta-ruled Niger Republic by 42 per cent, cutting it down from 80 megawatts to 46MW. The measure has caused the country’s electricity production to fall by 30 to 50 per cent and forced state-owned power company Nigelec to impose planned power cuts that can...
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Refund N182bn to FG, Reps order Remita

17.04.2025
The House of Representatives has ordered financial technology firm, Remita, also known as SystemSpecs Ltd, to refund a total of N182.77bn withheld from the Treasury Single Account since 2015 to the Federal Government following a forensic audit that uncovered the discrepancy. The Public Accounts Committee of the House gave the directive on Wednesday during a...
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New NNPC boss pledges to deliver on mandates

17.04.2025
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mr Bayo Ojulari, has reaffirmed his commitment to forging strong and effective partnerships with key stakeholders to successfully deliver on the strategic mandates entrusted to him by President Bola Tinubu. Ojulari made this pledge on Wednesday during a courtesy visit to the Minister...
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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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