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FBN Holdings, others’ profits rise to N222bn

10.02.2025
The profit after tax of FBN Holdings and five other financial institutions rose by about 58.19 per cent to N222.61bn at the end of 2024, The PUNCH can report. This is based on the unaudited financial statements for 2024, which were filed with the Nigerian Exchange Limited. The lenders include FBN Holdings, Wema Bank, Stanbic...
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Govt urged to rethink economic reforms

10.02.2025
The founder and chairman of Proshare LLC, Dr Olufemi Awoyemi, has urged the government to rethink its approach to reforms and policy progression. He gave this advice as the keynote speaker at the 16th Founder’s Day Annual Lecture and Award ceremony of the Bible Society of Nigeria with the theme ‘Diversification and Production: Panacea to...
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Explore blue economy, real estate federation urges members

10.02.2025
As the Federal Government renewed focus on the potential of the blue economy, the International Real Estate Federation, Nigeria chapter, has encouraged its members to take advantage of the opportunities that the sector offers for professionals in the real estate sector. The keynote speaker, former special adviser to the former Director-General of NIMASA on Communication...
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Over 70% of Lagos residents are tenants – REDAN

10.02.2025
The new National President of the Real Estate Developers Association of Nigeria, Akintoye Adeoye, says more than 70 per cent of people living in Lagos State are tenants. Adeoye made this observation during a press briefing for the promotion and institutionalisation of the Environmental, Social, and Governance principles within the real estate sector. He said,...
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Nigeria, World Bank eye capital market for infrastructure funding

10.02.2025
The Federal Government has opened conversations with the International Finance Corporation – a member of the World Bank Group – on policy formation to utilise the capital market and other available funding options within Nigeria to fund infrastructure development through Public Private Partnerships. This was the focus of a meeting between the Infrastructure Concession Regulatory...
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Expert to support Nigeria in assistive tech

10.02.2025
The founder and president of the Sports for Special Needs Club at Kinkaid, Fife Famurewa, looks to connect Nigeria’s medical community with global advancements in assistive technology. Famurewa, who is also a member of the Easter Seals Houston Chapter, a nonprofit organisation that provides comprehensive disability services to military families and individuals in need, said...
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Briclinks posts N22.36m profit

10.02.2025
An Internet Service Provider, Briclinks Africa Plc, recorded a profit after tax of N22.36m for the financial year ended December 31, 2024, representing a 443.1 per cent increase from the N4.12m reported in the previous year. The company’s financial statement showed that turnover surged by 359.7 per cent to N444.92m in 2024, compared to N96.77m...
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Equity market gains N884bn in one week

10.02.2025
The Nigerian equity market closed last week on a bullish note, recording a gain of N884bn as the All-Share Index appreciated by 1.38 per cent to settle at 105,933.03 points. Similarly, the market capitalisation rose by 1.37 per cent to close at N65.592tn. Trading data from the Nigerian Exchange Limited showed that a total turnover...
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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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