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Fidson revenue hits N84bn

Fidson Healthcare Plc has reported a rise in its full-year revenue, reaching N84.19bn for the financial period ended December 31, 2024. This represents a 58.7 per cent increase compared to the N53.05bn recorded in the corresponding period of 2023. The unaudited financial statements released by the company recently on Nigeria Exchange Limited revealed a strong...
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Emirates, Air Peace expand travel to 13 Nigerian cities

International airline, Emirates, has signed an interline agreement with Air Peace, to enhance connectivity for passengers travelling to and from Nigeria. The partnership expands Emirates’ footprint to 13 new cities in Nigeria, with frictionless single-ticket travel and simplified baggage. Emirates made this known through a statement jointly signed by the Deputy President and Chief Commercial...
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SEC unveils capital market sensitisation for states

The Securities and Exchange Commission has announced plans to sensitise state governments on investment opportunities in the capital market as part of efforts to drive wealth creation and economic growth. The Director-General of SEC, Emomotimi Agama, disclosed this during a meeting with a delegation from the World Bank Group and the International Finance Corporation in...
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NAMA scores 76.5% in ICPC compliance rating

The Nigerian Airspace Management Agency has attained a 76.5 per cent compliance score in the 2024 Ethics and Integrity Compliance Scorecard conducted by the Independent Corrupt Practices and Other Related Offences Commission. This rating reflects a significant adherence to ethical and integrity standards among federal agencies. In a statement signed by the Director of Public...
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Abia, Radisson Blu to revamp Enyimba Hotel

The Abia State Government has signed a Memorandum of Understanding with Radisson Blu to rehabilitate and upgrade the long-abandoned Enyimba Hotel in Aba into a five-star hospitality hub. The Director General of Aba Development Authority, Ukeje Uche, said in a statement that the initiative aligns with the government’s aggressive infrastructure development plan to boost tourism...
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AfDB dissatisfied with $210m Nigeria agro-industrial zones project

The African Development Bank has expressed dissatisfaction over the slow progress of the first phase of Nigeria’s Special Agro-Industrial Processing Zones project, raising concerns about the disbursement of the $210m loan allocated for the initiative. According to the bank’s latest Implementation Progress and Results Report dated January 30, 2025, obtained from its website by The...
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30 states generate N2.8tn, spend N3tn on travels, salaries

An analysis of the 2024 full-year budget implementation report of state governments has revealed that 30 state governors generated N2.8tn as Internally Generated Revenue but disbursed N3.03tn on operational costs. The N.03tn was spent on refreshments, sitting allowances, local and foreign trips, utilities, and medical expenses. This fiscal nature of the state governments came under...
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Ex-CIIN president honoured on 60th birthday

Recognition came the way of the former President of the Chartered Institute of Insurance Nigeria and Chief Executive Officer of Risk Analyst Insurance Brokers, Dr. Funmi Babington-Ashaye, for her illustrious career and contributions to Nigeria’s insurance sector. The recognition came in commemoration of her 60th birthday recently. At the Thanksgiving service of Babington-Ashaye, the presiding...
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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...