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Times names Dangote among top 100 world philanthropists

The Chairman of the Aliko Dangote Foundation and President/Chief Executive of Dangote Industries Limited, Aliko Dangote, has been named in the inaugural 2025 TIME100 Philanthropy list, which recognises the 100 most influential leaders shaping the future of philanthropy across the world. A statement by the Dangote Group on Tuesday said the businessman is the only...
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UK inflation hits 15-month high as utility bills soar

Official data showed that Britain’s annual inflation rate surged more than expected in April as energy and water bills rose sharply. The Consumer Prices Index soared to 3.5 per cent last month, up from 2.6 per cent in March, the Office for National Statistics said in a statement on Wednesday. Analysts’ consensus forecast had been...
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Fortnite returns to Apple store after five-year ban

Epic Games’ blockbuster multiplayer shooter Fortnite is back on Apple’s U.S. App Store, marking the end of a nearly five-year ban and a significant victory for the video game company. The return follows a lengthy legal battle that began in 2020, when Epic Games, backed by Chinese tech giant Tencent, challenged Apple’s in-app payment policies....
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Local investors key to attracting foreign investment – Dangote

The President of Dangote Group, Aliko Dangote, has said that domestic investors play a critical role in attracting foreign investment. Speaking at the Taraba International Investment Summit in Jalingo, which drew participants from across Nigeria and beyond, Dangote stressed the importance of prioritising indigenous businesses to foster sustainable growth, create jobs, and strengthen the national...
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Customs unveils handbook to ease green energy imports

The Nigeria Customs Service has launched a handbook aimed at navigating the complexities of importing renewable energy technologies into the country. The Comptroller-General of the Nigeria Customs Service, Adewale Adeniyi, reckons that green energy importation poses a challenge to businesses and policymakers, hence the launching of the handbook. Adeniyi stated this on Monday in Lagos...
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Customs commissions new facilities at Seme command

The Nigeria Customs Service, Seme Area Command, has commissioned a newly renovated senior officers’ mess, gym house, and an office complex of the Customs Officers’ Wives Association at the command. This was contained in a statement on Wednesday by the command’s public relations officer, Isah Suleiman. Speaking during the unveiling at the command, the Customs...
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NGX sheds N70bn as market dips

The Nigerian Exchange closed negatively on Wednesday, as the equities market reversed the previous day’s gains, with investors losing approximately N70bn in market capitalisation. The All-Share Index shed 111.37 points, representing a 0.1 per cent decline, to close at 109,619.10 points. Consequently, the overall market capitalisation dipped from N69.0 tn to N68.9 tn. Despite the...
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NAHCO declares N11.6bn dividend

Shareholders of the Nigerian Aviation Handling Company has  declared a dividend payout of N11.6bn for the 2024 financial year, leaving shareholders in ecstasy. The announcement comes ahead of NAHCO’s 44th Annual General Meeting, scheduled for May 23. According to its audited results for the year ended December 31, 2024, NAHCO recorded a 115.4 per cent...
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Ecobank raises $125m in Eurobond

Ecobank Transnational Incorporated, the parent company of the Ecobank Group, has raised an additional $125m through a Eurobond tap, bringing the total size of its 2029 notes to $525m. In a statement released on Tuesday on the Nigerian Exchange Limited, the Lomé-based pan-African banking group disclosed that the tap was issued at a premium price...
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Alert MFB unveils loan campaign

Alert Microfinance Bank has launched a marketing campaign in Lagos for its newly introduced CleanEarth Loan initiative, aimed at supporting businesses in the water, sanitation, and hygiene sector and other eco-conscious industries. According to a statement made available to our correspondent on Tuesday, the CleanEarth Loan is designed to provide medium-term funding to small and...
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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...