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Lekoil pledges new investments in Akwa Ibom – Punch Newspapers

30.01.2025
The management of Lekoil Nigeria Limited has expressed the company’s commitment to the sustainable development of Akwa Ibom State through investment in oil and gas operations, employment opportunities, and community growth. During a recent visit to the Governor of Akwa Ibom, Umo Eno, Lekoil’s top officials, led by the company’s Chief Executive Officer, Lekan Akinyanmi,...
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NGX transactions hit N5.59tn – Punch Newspapers

30.01.2025
The Nigerian Exchange Limited recorded an increase in trading activity in 2024, with total transactions reaching N5.59tn, marking a rise in market participation. In its domestic and foreign portfolio participation in the equity trading summary of transactions as of December 31, 2024, domestic transactions dominated, accounting for a substantial 85 per cent of the total...
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Bluefern pledges to simplify pathway for immigration

30.01.2025
Bluefern Immigration Services has expressed confidence in its ability to guide individuals and families through the Canadian immigration process with ease and efficiency. Making this disclosure in a statement on Tuesday, the company described Canada as a highly sought-after destination for immigrants, citing its thriving economy, renowned education system, and welcoming society. However, it noted...
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Nigeria’s real estate to hit $2.25tn in 2025 – FG

30.01.2025
The Minister of Housing and Urban Development, Ahmed Dangiwa, has urged foreign investors at the Saudi Real Estate Forum to seize the vast opportunities within Nigeria’s housing sector, particularly through the Federal Government’s Renewed Hope Cities and Estates Programme. This is according to a statement on Tuesday by the Special Assistant  Media and Strategy to...
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Sterling Bank petitions IG over court ruling violations

30.01.2025
Sterling Bank Limited has petitioned the Inspector-General of Police, Kayode Egbbetokun to address the alleged use of the National Assembly and the Police Force CID by Miden Systems Limited and its director, Dr Brendan Usoro, to harass the bank and its executives. In a statement made available to The PUNCH on Monday, the lender said...
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Dangote-backed investors to acquire Kenyan coffee chain

30.01.2025
Alterra Capital, an Africa-focused private equity fund with Dangote among its key investors, is partnering with Phatisa Group to purchase the restaurant chain from UK-based investment firm Actis for an undisclosed sum. According to a Malawi-based COMESA Competition Commission notice, Mauritius-based Alterra will hold a majority stake in Java House. Click here for more
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LAPO Bank rewards savers with N1.5m

30.01.2025
LAPO Microfinance Bank Limited has unveiled a raffle draw for the Xpress Savings Promo Season III, offering over N1.5m and 50 prizes of N50,000 to promote a savings culture. The raffle draw is  scheduled to take place on January 31, 2025. The LAPO Xpress Savings Promo Season III, which ran from October 1 to December...
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Recapitalisation: Four banks target N931bn

30.01.2025
As the second round of capital raising exercise kicks off, four banks will be looking to raise about N931.91bn in fresh capital to meet the new capital base required for banks operating in Nigeria. These banks include national lenders like Wema Bank and Stanbic IBTC Holdings. Others have international authorisation, like FCMB Group and Fidelity...
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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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