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MRS Oil Projects N3.95bn Q3 Profit

13.06.2025
MRS Oil Nigeria Plc has forecasted a profit after tax of N3.95bn for the third quarter of 2025, driven by a projected revenue of N393.58bn, the company announced on June 4, 2025. According to the company’s Q3 forecast statement of comprehensive income filed on the Nigeria Exchange Limited on Tuesday, MRS Oil expects a turnover...
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Zenith, Access Hit N500bn Target

13.06.2025
Only two Tier 1 banks, Zenith Bank and Access Holdings Plc, have surpassed the N500 bn share capital and share premium threshold set by the Central Bank of Nigeria for banks with international licences, Proshare report has revealed. The report, titled ‘Tier 1 Banks Report: Getting Bigger, Braver, and Dominant – The Class of 2025’,...
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Royal Electronics Unveils Brand Ambassadors

13.06.2025
Royal Electronics, an electronics and home appliances brand under SIMS Nigeria Ltd, has unveiled actors Kanayo O. Kanayo and Dr Carolyna Hutchings as its brand ambassadors. According to a statement, Royal Electronics unveiled the ambassadors because their personas reflect the brand’s values of “quality, reliability, innovation, and Nigerian pride.” Royal Electronics noted that Kanayo brings...
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Nigeria Floods Ravage 180,000 Farms

13.06.2025
Nigeria’s agricultural sector has been severely impacted by climate change and growing insecurity, a new report by SBM Intelligence has revealed. Widespread flooding has affected more than 30 states, leading to the destruction of an estimated 180,000 cultivated farmlands nationwide. The report, published in June 2025, states that since July 2024, 31 of Nigeria’s 36...
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CardinalStone Records N55bn in Nigerian Market Surge

13.06.2025
Stockbroking firm CardinalStone Securities Limited performed about N55.5bn worth of transactions in the latest rally on the Nigerian Exchange Limited, which saw the All Share Index hit the historic high of 114,616.75. With this performance, CardinalStone Securities accounted for 37.76 per cent of total market volume and 36.36 per cent of total value traded between...
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Lagos Business School Rises in FT 2025

13.06.2025
Lagos Business School, Pan-Atlantic University, has again affirmed its stature as Africa’s premier business school and provider of world-class management education, earning top positions in the newly released Financial Times (FT) 2025 Executive Education ranking. In a statement, it was revealed that LBS placed 47 out of 95 globally for Custom Executive Education and 49...
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Nestlé Nigeria’s Nationwide Cleanup: Commitment to Sustainab

13.06.2025
Nestlé Nigeria has reaffirmed its commitment to environmental sustainability through a nationwide cleanup and community sensitisation campaign. According to a statement on Monday, the initiative, which is in its sixth year, was executed in collaboration with the African Clean-Up Initiative and local authorities. The company mobilised a total of 516 Nestlé Cares volunteers from the...
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Nigeria Trade Surplus Grows to N5tn in Q1 2025

13.06.2025
Nigeria achieved a trade surplus of N5.17tn in the first quarter of 2025, representing a 51.07 per cent increase from the N3.42tn recorded in the previous quarter. This is according to the newly released Foreign Trade in Goods Statistics report on Wednesday. It read, “The merchandise trade balance for Q1 2025 remained positive at N5,172.31bn,...
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NIWA MD Wins Icon of Diligence Award

13.06.2025
The Managing Director of the National Inland Waterways Authority, Mr Bola Oyebamiji, has bagged the “Icon of Diligence in Service Award” organised by Exposure Media. Disclosing this in a statement on Wednesday, the organisers announced that the award was presented during the 2025 Annual Lecture and Award presentation of Exposure Media held in Abuja. In...
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NGF Pledges To Deepen Democratic Space

13.06.2025
The Nigeria Governors’ Forum (NGF) has congratulated Nigerians on the celebration of Democracy Day, reaffirming its commitment to work with all stakeholders to strengthen democratic governance and promote inclusive prosperity. In a statement commemorating the June 12 Democracy Day, NGF Chairman and Kwara State Governor, AbdulRahman AbdulRazaq, described the day as a turning point in...
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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...

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04.10.2024
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Man who asked Tinubu to resign admitted in psychiatric hospital

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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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