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Equity market rebounds with N11bn gain

27.02.2025
The Nigerian Exchange rebounded at the close of trading on Wednesday, recording a market capitalisation gain of N11bn as investors showed renewed buying interest in select stocks. The benchmark All-Share Index edged up by 17.20 points, or 0.02 per cent to settle at 107,798.99 points, reversing previous losses. Despite the positive performance, trading activity declined...
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Govt plans to phase out power generators

27.02.2025
The Federal Government said there are plans to boost power generation and phase out the use of power generators in individual homes and offices. This is as the government concluded plans to unveil the Integrated Resource Plan for the power sector. The Special Adviser to the Minister of Power on Strategic Communications and Media Relations,...
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NIMASA commits to good maritime business environment

27.02.2025
The Nigerian Maritime Administration and Safety Agency has reaffirmed its commitment to fostering a level playing field and creating an enabling environment for businesses in Nigeria’s maritime sector. This is according t a statement on Tuesday by the head of public Relations at NIMASA, Osagie Edward. According to the statement, the Director General of NIMASA,...
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Ecobank, firm eye $700bn global furniture market

27.02.2025
Ecobank Nigeria and Design Week Lagos have expressed a desire to see Nigerian brands play competitively in the global furniture market valued at over $700bn. At a press conference held in Lagos on Tuesday, the partners said that the Design & Innovation Exhibition held at the Ecobank Pan-African Centre would serve as a launchpad for...
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Zubairu succeeds Oramah as Africa Club chairperson

27.02.2025
The Alliance of African Multilateral Financial Institutions, also known as the Africa Club, has announced the appointment of President/CEO of the Africa Finance Corporation, Samaila Zubairu, as its new chairperson. Zubairu succeeds AAMFI’s founding chair, Professor Benedict Oramah, who is the president and chairman of the board of directors of the African Export-Import Bank. According...
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Rotary marks 120 years, advocates selfless giving – Punch Newspapers

26.02.2025
The Rotary Foundation has announced that it has marked its 120th anniversary with a renewed call for selfless giving, urging Nigerians to make a lasting impact through philanthropy. Speaking at the Rotary Foundation Dinner & Dance, themed “Rotary Foundation: The Heart of Giving,” organised by District 9112, recently in Lagos, the former Lagos Commissioner and...
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14 million Nigerians on drugs, says NDLEA – Punch Newspapers

26.02.2025
Strategic Commander, National Drug Enforcement Agency, Murtala Muhammed International Airport, Lagos Command, Usman Wadar, says no fewer than 14m Nigerians out of the estimated 223m have either tasted or are hooked on drugs. The NDLEA boss made this assertion while playing host to the Skyway Aviation Handling Company Plc on Tuesday at the Lagos Airport,...
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NCAT appoints Adamu as new rector – Punch Newspapers

26.02.2025
The Nigerian College of Aviation Technology has appointed Ismaila Adamu as its new rector and chief executive. In a statement signed by Director of Information for NCAT, Jude Amadi, “The Ag Rector, Mr. Joseph Imalighwe, and the entire staff of NCAT receive with gratitude Mr. President’s appointment of Dr. Ismaila Danjuma Adamu, PhD, as the...
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Penalised airlines seek dialogue with NCAA – Punch Newspapers

26.02.2025
Several airlines sanctioned by the Nigeria Civil Aviation Authority have reached out to the regulatory body, seeking a meeting to present evidence that they have resolved the issues for which they were penalised. The Director for Consumer Protection and Public Affairs at the NCAA, Michael Achimugu, confirmed the development to our correspondent, stating that the...
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I apologise for saying no heaven without tithe – Adeboye

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Man who asked Tinubu to resign admitted in psychiatric hospital

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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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