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NCMI to boost market development

The Nigerian Capital Market Institute, the training subsidiary of the Securities and Exchange Commission, has reaffirmed its commitment to market development and investor education with the launch of its 2025 training calendar. Announcing the development in Abuja over the weekend, the Managing Director of NCMI, Tunde Kamali, described the initiative as a step toward enhancing...
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Ogun lawmaker supports constituents with trade tools

Ogun State House of Representatives member representing Ijebu Central Federal Constituency, Femi Ogunbanwo, has supported 1,500 constituents with trade tools. Ogunbanwo also reaffirmed his commitment to using his representation to facilitate projects and programmes that make life easier for the residents of the federal constituency while also enhancing its socio-economic advancement. In a statement issued...
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Ecobank warns against fraud during Yuletide

Ecobank Nigeria has cautioned customers to be vigilant against fraudsters during the Yuletide while promising uninterrupted access to banking services through its digital platforms throughout the holiday season. In a statement on Monday, the Head of Consumer Banking at Ecobank Nigeria, Adeola Ogunyemi, emphasised that customers can continue their shopping and transactions smoothly via the...
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Rack Centre appoints new CFO

Rack Centre, West Africa’s leading carrier and cloud-neutral data centre, has announced the appointment of Harold Bedu-Mensah as its new Chief Financial Officer. In a Monday statement signed by Rack Centre’s Chief Executive Officer, Lars Johannisson, the company described the appointment as a strategic move to consolidate its growth trajectory. The appointment became effective on...
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Presco to complete new mill in 2025

Presco Plc, an oil palm producer in Nigeria, has announced plans to complete its new mill at Ato Estate by 2025 as part of its expansion strategy. Speaking during the company’s end-of-year party held recently in Benin-City, Edo State, the Managing Director/Chief Executive Officer, Reji George, highlighted the record-breaking production levels achieved in 2024, the...
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10 ministries get over N1tn each in 2025 budget

No fewer than 10 federal ministries and agencies under their purview got over N1tn each as appropriation in the 2025 budget, The PUNCH analysis has shown. A breakdown of the proposed allocation, contained in the 2025 Appropriation Bill presented to the National Assembly, showed that the ministries include Police Affairs, Interior, Defence, Finance, Power, Works,...
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NIPR dissolves PRCAN executive, orders new elections

The Governing Council of the Nigerian Institute of Public Relations, on Monday, announced the dissolution of the executive committee of the Public Relations Consultants Association of Nigeria, previously led by Israel Opayemi. This was disclosed in a statement issued in Abuja by the institute’s Director of Public Relations, Stanley Ogadigo. Ogadigo explained that the council...
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HH Capital acquires 35.94% stake in Transcorp

  Temitope Aina HH Capital Limited has announced its acquisition of 1,493,477,786 ordinary shares of Transnational Corporation Plc, representing 35.94 per cent of the company’s shareholding. According to a statement filed on the Nigeria Exchange Limited by the Group Company Secretary, Atinuke Kolade, on Monday, the transaction, conducted at a weighted average price of N3.12...
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Ardogreen eyes petroleum mining lease by 2025

Ardogreen Energy Limited has announced plans to secure a Petroleum Mining Lease for the Olua Field under Petroleum Prospecting Licence 203 by the end of the second quarter of 2025. The company, along with its parent firms, Ardova Plc. and Petrodev Oil and Gas Limited, formalised a Risk Service Agreement with HSI Energies Limited to...
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Harvard alumnus lauds Indimi over inauguration of FPSO

An Harvard University alumnus and a member of the Nigerian Society of Engineers, Abdullahi Hashim, has lauded the Executive Chairman of Oriental Energy Resources, Dr Muhammadu Indimi, over the successful inauguration of first funded Floating Production Storage and Offloading Vessel at the Drydocks World Dubai Shipyard in the United Arab Emirates. Hashim, who is a...
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I apologise for saying no heaven without tithe – Adeboye

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

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

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...