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Economists challenge N1400/$ benchmark in 2025 budget

04.12.2024
As the naira struggles to gain stability amid projections of depreciation, the Federal Government in the recently released Medium Term Expenditure Framework pegged the local currency at N1400 to a dollar, an assumption dismissed by analysts as mere optimism, OLUWAKEMI ABIMBOLA reports. Economists and financial market analysts have dismissed the Medium Term Expenditure Framework which...
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Cooking gas dealers urge customers to monitor refills

04.12.2024
The Liquefied Petroleum Gas Retailers Association of Nigeria has called on consumers to actively monitor their gas refills and described allegations of underfilling as unfounded. The association was responding to a report published in November which alleged widespread underfilling by LPG retailers. In a statement signed by the NUPENG Branch Chairman of the association, Ayobami...
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Air passengers lost 19,274 luggage in six months – FG

04.12.2024
About 2,000 air passengers lost 19,274 pieces of luggage between January and June this year, the Federal Government has revealed. Data obtained from the half-year report of the Nigerian Civil Aviation Authority, an agency of the Federal Government that regulates civil aviation, further indicated that 19,250 passengers were delayed for long hours during the review...
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GEN Nigeria, Tripoint Academy promote entrepreneurship

04.12.2024
GEN Nigeria and Tripoint Academy have highlighted the transformative impact of entrepreneurship in fostering economic empowerment and inclusion throughout Northern Nigeria. This was part of the highlights of the Northern Nigeria Entrepreneurship Walk in commemoration of the, which was held simultaneously in all 19 Northern states recently with the theme “Entrepreneurship is for Everyone” The...
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Nigerdock, NPA sign Snake Island Port concession deal

04.12.2024
Nigerdock has entered into a 45-year agreement with the Nigerian Ports Authority for the development of Snake Island Port. The firm disclosed that in a statement over the weekend, explaining that the approval for the project was granted in 2023 by the Federal Executive Council. It added that the concession was for 45 years with...
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Lagos to boost revenue with technology

04.12.2024
Governor Babajide Sanwo-Olu of Lagos State has stated that his administration would boost the state’s revenue through technology. The governor said this at the just-concluded Eko Revenue Plus Summit in Lagos. The two-day summit brought together policymakers and private sector stakeholders to explore new revenue streams and innovative approaches to revenue generation. Anchored by Modo...
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FXTM promotes cycling

04.12.2024
fXTM Nigeria has restated its commitment to community engagement, sportsmanship, and empowering local cyclists as it hosted a charity cycling event that brought together over 190 participants from across the country. The tournament was Held in multiple locations, including Port Harcourt, Kwara, Ibadan, Ogun, and Lagos recently. According to a statement made available to our...
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PressPayNg awards scholarships to needy students

04.12.2024
PressPayNg, an education financing platform, has reaffirmed its commitment to bridging the financial gap in education by providing scholarships and grants to over 20,000 indigent students across Nigeria. In a statement made available to our correspondent on Monday, the gesture was part of events to mark its third anniversary. The platform highlighted its achievements in...
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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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