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Odogwu Bitters unveils sachet packs

Odogwu Bitters has launched a sachet version of its herbal drink. In a statement on Tuesday, the company said the new format, which combines honey, ginger, and herbs, allows for easy portability, making it ideal for consumption. According to the statement, retailers in cities like Lagos, Aba, Port Harcourt, and Onitsha have reported sales, and...
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Aradel Holdings posts N247.8bn profit

An energy company, Aradel Holdings Plc, has reported a profit after tax of N247.8bn. This represents a 361 per cent growth compared to the N53.8bn recorded in the previous year. The company’s audited financial statement for 2024 filed on the Nigeria Exchange on Tuesday showed an increase in revenue, which surged by 162.7 per cent...
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Union Bank rewards 360 customers with N21m

Union Bank has announced the first set of winners in its inaugural monthly draws for its Save and Win Palli Promo 4. In a statement on Monday, it was revealed that the first live draw of this season, which took place at the bank’s head office in Marina, Lagos, rewarded 60 customers with N100,000 each...
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Gamic empowers users to earn rewards

Gamic, a blockchain-powered platform, said it revolutionising how millions of Africans engage with digital services by enabling users to earn rewards through everyday interactions. In a statement released on Tuesday, the company detailed its mission to empower users across Africa by rewarding them for activities such as inviting friends, joining communities, or transacting via the...
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Delta introduces cloud-based in-flight entertainment system

Delta Air Lines, celebrating its 100th anniversary, has unveiled a groundbreaking cloud-based in-flight entertainment system at CES 2025, marking a century of aviation innovation. The announcement was made in a statement  during the airline’s major presentation at the event in Las Vegas, highlighting both its rich legacy and its forward-looking technological advancements. In his keynote...
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Govt earned N12bn from data protection in 2024 – NDPC

The Federal Government generated N12bn from Nigeria’s data protection sector in 2024, according to the latest annual report of the Nigeria Data Protection Commission. The report highlights the rapid growth of the industry, which has seen a surge in regulatory compliance, enforcement actions, and increased revenue generation. The NDPC stated that revenue from the data...
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FG eyes $3bn from single window for trade processes

The Federal Government is eyeing an estimated annual revenue of about $3bn from the implementation of the National Single Window platform, The PUNCH reports. The Minister of Marine and Blue Economy, Adegboyega Oyetola stated this while speaking on Tuesday in Lagos during a stakeholders forum on the establishment of the National Single Window. The National...
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MRS, others drag equity market to N284bn loss

The Nigerian Exchange closed in negative territory at the end of Tuesday’s trading session, with the All-Share Index dropping by 0.44 per cent to settle at 103,958.75 points. This decline wiped off N284bn from the market’s capitalisation, which now stands at N64.2tn. The trading session saw 127 equities participating, with 30 gainers and 32 losers....
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Okonjo-Iweala urges collaborations to avert economic disaster

Amid rising global trade tensions and looming economic fragmentation, World Trade Organisation Director-General Ngozi Okonjo-Iweala has issued a stark warning to world leaders, calling for collaboration and reforms to avert potential economic disaster. Speaking at the recently concluded World Economic Forum in Davos, Switzerland, Okonjo-Iweala urged policymakers to “just chill” and consider the long-term consequences...
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NGX seeks EFCC partnership, says criminals seeking to exploit stock market

The Chief Executive Officer of the Nigerian Exchange Regulation, Olufemi Shobanjo, has called for stronger collaboration with the Economic and Financial Crimes Commission to safeguard Nigeria’s stock market from fraudulent activities. Shobanjo made the appeal during a visit to the EFCC’s Executive Chairman, Ola Olukoyede, at the Commission’s headquarters in Abuja. The visit, highlighted in...
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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...