The Nigerian Labour Congress has called for the resignation of the Minister of Power, Adebayo Adelabu, over the repeated collapse of the national power grid. In a statement late Tuesday night by the NLC President, Joe Ajaero, the union ...
Read More »MTN raises N42.2bn in commercial paper issuance
MTN Nigeria Communications Plc has successfully raised N42.2bn through its Series 15 and 16 Commercial Paper issuance under the company’s N250bn Commercial Paper Issuance Programme. In a recent disclosure to the Nigerian Exchange Limited by the company secretary, Uto ...
Read More »Wema Bank to reward 131 customers with N11m
Wema Bank will reward 131 customers with N11m in cash prizes during its first 5 for 5 Promo Season 4 monthly draw of 2025 in Warri, Delta State. This was revealed in a statement made available to The PUNCH ...
Read More »Ecobank partners CrediCorp on flexible customer loans
Ecobank Nigeria has partnered with the Nigerian Consumer Credit Corporation to offer affordable and flexible loans to customers to meet a variety of needs, including paying school fees, rent, maintenance costs, medical bills, car purchases, repairs, asset purchases, and ...
Read More »Fidelity Bank appoints three new board members
Fidelity Bank plc has announced the appointment of three new members to its Board of Directors, following approval from the Central Bank of Nigeria. The appointments, effective January 14, 2025, were disclosed in a regulatory filing on the corporate ...
Read More »FirstBank Bountiful Harvest of Awards In 2024 – Testament To Excellence And Stakeholder Trust
FirstBank Bountiful Harvest of Awards In 2024 – Testament To Excellence And Stakeholder Trust By Seun Johnson In the gilded halls of excellence where dreams are crafted into legacies, stands a beacon that blazes across the African ...
Read More »W’Bank bans two Nigerian firms, CEO over corruption
The World Bank Group has announced the 30-month debarment of two Nigerian companies, Viva Atlantic Limited and Technology House Limited, alongside their Managing Director and Chief Executive Officer, Mr Norman Didam, for fraudulent, collusive, and corrupt practices linked to ...
Read More »Ex-FirstBank boss Onasanya dismisses fraud allegation
A former Group Managing Director of FirstBank, Dr. Bisi Onasanya, has dismissed claims of his involvement in a commercial loan transaction carried out 12 years ago at the lender. Onasanya refuted the allegation in a statement signed by his ...
Read More »EFCC officer’s killer not a medical doctor — NMA
The Nigerian Medical Association, Anambra State Chapter, has refuted claims that the individual accused of killing an Economic and Financial Crimes Commission officer in Awka is a medical doctor. In a statement issued by the association’s State Secretary, Dr ...
Read More »Otudeko’s N12.3bn fraud arraignment stalled as lawyers protest charges
The arraignment of the Chairman of the Honeywell Group, Oba Otudeko, and others over alleged N12.3 billion fraud before the Federal High Court was stalled on Monday due to the absence of the defendants. When the case was called, ...
Read More »Cardi B confident amidst TikTok ban, flaunts income streams
American rapper Cardi B has said that she wouldn’t be affected by the ban on TikTok in the United States. TikTok shut down in the U.S. on January 19 after its Chinese owners failed to sell the platform, as ...
Read More »‘They had it coming,’ Rapper Skales reacts to EFCC officer’s death, recalls personal experience
Nigerian rapper and singer, Raoul Njeng-Njeng, popularly known as Skales, has taken to social media to express outrage, recounting a personal encounter with the Economic and Financial Crimes Commission following the death of one of its officers during a ...
Read More »Gaza: UN, others cheer as freed Israelis reunite with families
Three female hostages freed by Hamas were reunited with their mothers inside Israel, Reuters reports. Armed Hamas fighters drove through the southern city of Khan Younis with crowds cheering and chanting. In the north of the territory, bombed into ...
Read More »LP crisis: Obi, Otti’s caretaker panel drags Abure before S’Court
The 29-man caretaker committee set up by Abia State Governor, Alex Otti, and Labour Party presidential candidate in the 2023 election, Peter Obi, announced on Sunday that it will drag the embattled National Chairman of LP, Julius Abure, to ...
Read More »NLC faults fresh petrol price hike, says FG insensitive
The Nigeria Labour Congress has frowned on the recent hike in the pump prices of Premium Motor Spirit, popularly called petrol, describing it as the height of insensitivity against the masses. Senior NLC officials disclosed this in separate interviews ...
Read More »Arik Air shareholders tackle AMCON over N455bn debt claim
The shareholders of Arik Air, an indigenous airline currently under the control of the Asset Management Corporation of Nigeria, have debunked claims that the debt accruable to the airline’s owner, Johnson Arumem-Ikhide, has risen to N455bn. The shareholders, through ...
Read More »Niger explosion: Tinubu, Buhari, others mourn as death toll hits 86
The death toll in the petrol tanker explosion at Dikko Junction near Suleja in Niger State has risen to 86, with 55 persons injured and receiving treatment at the hospital. By Saturday when the incident happened, the death toll ...
Read More »Catholic church suspends Delta priest over secret US wedding
The Catholic Diocese of Warri, Delta State has suspended Rev. Fr. Daniel Okanatotor Oghenerukevwe from priestly duties following his alleged marriage sealed in the United States of America. This was contained in a statement titled ‘Decree of Suspension’, dated ...
Read More »Police bust illegal weapons factory, arrest cultist, two murder suspects
The Nigeria Police Force has recorded significant successes in its ongoing efforts to combat crime across the country, with the recent busting of an illegal weapons manufacturing factory in Benue State, the arrest of a notorious cultist in Delta ...
Read More »Dangote refinery projects 650,000bpd June, plans crude import
•Facility now producing 500,000bpd as officials look beyond Nigeria to meet demand for product The Dangote Petroleum Refinery is planning to import more crude oil as supply from the Nigerian National Petroleum Company Limited becomes insufficient for fuel production ...
Read More »Avalanche Creative Academy Debuts
Avalanche Creative Academy Debuts Fast-growing Lagos-based Entertainment and hospitality hub, Avalanche has announced the birth of its educational arm, The Avalanche Creative Academy. The academy is designed as a top-notch platform dedicated to nurturing creativity and innovation among aspiring ...
Read More »WEMA BANK KICKS OFF 2025 WITH N11,000,000 CASH PRIZE IN 5 FOR 5 PROMO SEASON
***WEMA BANK KICKS OFF 2025 WITH N11,000,000 CASH PRIZE IN 5 FOR 5 PROMO SEASON* …Set to reward 131 Nigerians in first monthly draw of 2025* Wema Bank, Nigeria’s foremost innovative bank and pioneer of Africa’s first fully digital ...
Read More »Dangote Cement, FBNHoldings, others Lift Equity Market by N53bn
Dangote Cement, FBNHoldings, others Lift Equity Market by N53bn By Rukayat Adeyem The equity market rebounded on Thursday from its previous session’s loss, gaining N53 billion. Investor interest in key stocks such as Dangote Cement, FBN Holdings, ...
Read More »EU votes €510m in humanitarian aid for Nigeria, Sub-Saharan Africa
The European Union has announced an initial humanitarian assistance package of €1.9bn for 2025, with €510m earmarked for Nigeria and other countries in sub-Saharan Africa. The European Commission revealed the allocation in a statement on Thursday, noting that “these ...
Read More »Obi mourns late deputy chief whip, calls her loss profound
The 2023 Presidential Candidate of the Labour Party, Peter Obi, has mourned the death of the Deputy Chief Whip of the House of Representatives and representative of the Ikenne/Sagamu/Remo North Federal Constituency of Ogun State, Adewunmi Onanuga.xx In a ...
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