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FCMB Awards N1.5M in Essay, Drawing Conte

16.06.2025
First City Monument Bank celebrated the literary and creative talents of young Nigerians at the grand finale of its National Essay and Drawing Competition, held to commemorate Children’s Day on May 27, 2025. In a statement on Sunday, the firm said the initiative reflects FCMB’s commitment to fostering education and youth development, offering a platform...
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Crude Oil Price Surge: Nigerian Crude Hits $77

16.06.2025
Nigeria’s major crude grades—Bonny Light, Brass River, and Qua Iboe—rose above $77 per barrel on Friday and sustained the rise till Sunday, following Israel’s military strikes on Iran, heightening fears of a wider Middle East conflict. According to data from Oilprice.com as of Sunday, Bonny Light surged to $78.62 per barrel, while Brass River and...
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CBN Freezes Bank Dividends: Boosting Capital

16.06.2025
Economic analysts have said that the decision of the Central Bank of Nigeria to temporarily suspend banks with forbearance loans from dividend payments and investment in foreign subsidiaries would ensure that the affected banks operate on a stronger capital base and attract genuine capital. Financial experts made this observation in separate exclusive interviews with The...
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Ministry Halts Relocation, to Renovate Headquarters

16.06.2025
The Federal Ministry of Industry, Trade and Investment has abandoned its earlier plan to relocate its operational headquarters to the newly constructed Industrial Training Office at Maitama, Federal Capital Territory, it was gathered on Sunday. It instead plans to renovate the ministry building located at the Old Federal Secretariat in Abuja. This follows a recent...
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Stock Market Gains N513bn Despite Short Week

16.06.2025
Last week’s Nigerian stock market closed on a positive note on Friday, despite the shortened trading week occasioned by the public holidays declared for the Eid-el-Kabir and Democracy Day celebrations. The Federal Government had earlier declared Monday, June 9, and Thursday, June 12, 2025, as public holidays, limiting market activities to just three trading days...
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NGX, SEC deepen China ties

16.06.2025
The Nigerian Exchange Group and the Securities and Exchange Commission have reaffirmed their commitment to deepening capital market partnerships with China in a renewed push to position Nigeria’s capital market as a strategic platform for cross-border investment flows. The move was demonstrated at the China-Africa CEO Dialogue, organised by Choice International Group in collaboration with...
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Nigeria Gender Gap: Female Workforce Participation Soars

16.06.2025
The World Economic Forum has revealed that Nigeria has recorded its highest-ever level of female participation in the labour force in 2025. According to the latest WEF 2025 Global Gender Gap Report, Nigeria saw a significant rise in workforce parity, with female participation increasing to 95.6 per cent, up from 89.9 per cent last year....
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Dangote Refinery Starts Nationwide Fuel Distribution August

16.06.2025
The Dangote Petroleum Refinery has announced plans to begin nationwide distribution of Premium Motor Spirit and diesel from August 15, 2025. The company is deploying 4,000 brand-new Compressed Natural Gas-powered tankers to boost delivery capacity and improve access to fuel across the country. The offer, according to a statement released on Sunday, is open to...
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Sundry Foods Marks Blood Donor Day

16.06.2025
Sundry Foods Limited organised an internal blood donation drive to mark the 2025 World Blood Donor Day, reaffirming its commitment to corporate social responsibility. In a statement, the company said it conducted the exercise in Port Harcourt, Rivers State, in partnership with the Armed Forces Blood Centre. The activity saw over 100 staff members across...
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Osinbajo Urges Action on Access Gap

16.06.2025
Former Vice President of the Federal Republic of Nigeria, Yemi Osinbajo, has called for a transformative shift towards sustainable housing practices to tackle both the climate crisis and the growing lack of access to affordable shelter. He made this call at the 75th International Real Estate Federation World Real Estate Congress hosted by the Nigeria...
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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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