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Govt partners firm to boost domestic tourism

27.01.2025
The federal government has partnered with a tourism firm, Capricorn Concierge Tourism Services Limited, on the initiative to enhance domestic tourism, which marks a significant advancement. In a statement, it was noted that the Ministry of Arts, Culture, Tourism, and Creative Economy has signed a Memorandum of Understanding with Capricorn Concierge Tourism Services Limited, a...
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Equity market gains N794bn in one week

27.01.2025
The Nigerian equity market recorded a surge last week, as the All-Share Index and market capitalisation appreciated by 1.22 per cent and 1.26 per cent, respectively. This brought the ASI to 103,598.30 points, while the market capitalisation rose to N63.645tn, reflecting a N794bn increase. Investors traded a total turnover of 3.132bn shares worth N76.552bn in...
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Julius Berger to construct Armed Forces Complex

27.01.2025
Engineering construction company Julius Berger Nigeria Plc has, in a statement, noted that it had been contracted to construct the new Armed Forces Complex. It stated, “The Chief of Defence Staff, General Christopher Musa, who spoke at the groundbreaking ceremony of the new Armed Forces Complex, Asokoro, Abuja, declared, just as President Bola Ahmed Tinubu,...
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CBN sold N756bn Treasury bills – Afrinvest

27.01.2025
The Central Bank of Nigeria sold Treasury bills worth N756bn last week following a subscription at its primary auction. The apex bank offered N530bn across 91-day, 182-day, and 364-day maturities, with oversubscription primarily driven by long-dated bills. Out of the total offer, N50bn was allocated to 91-day bills, N80bn to 182-day bills, and N400bn to...
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NCC, telcos urged to improve services

27.01.2025
Following the recent 50 per cent tariff hike approved by the Nigerian Communications Commission, the Nigeria Internet Group has called on the NCC and the telcos to ensure that the increase translates to better telecom service delivery. President of the body that promotes the use of the internet in the country, Destiny Amana, said in...
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Asharami unveils 60,000-litre aviation fuel dispenser

27.01.2025
Asharami Synergy Limited, a foremost Sahara Group downstream company, says it has unveiled the Bowser SO-24, a fuel dispensing system to enhance efficiency and operational excellence in the aviation sector. A statement by the company stated that the 60,000-litre capacity aviation fuel bowser is a specialised vehicle designed for the safe and efficient transport and...
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Steel ministry denies budget infraction

27.01.2025
The Permanent Secretary of the Ministry of Steel Development, Dr Chris Isokpunwa, has rejected accusations of budget infractions in the ministry’s 2024 budget implementation, following allegations raised by members of the National Assembly. In a statement on Friday, Isokpunwa addressed the claims of “ghost projects” and procurement irregularities, clarifying that the ministry has not had...
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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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