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Union Bank leads drive to end plastic waste

Union Bank of Nigeria Plc has marked World Environment Day 2025 by partnering with the Nigerian Conservation Foundation to host a high-impact symposium themed “Ending Plastic Pollution” at the Lekki Conservation Centre, Lagos. The event brought together corporate leaders, environmental experts, and stakeholders to address the urgent challenge of plastic pollution and champion innovative solutions...
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Polo Luxury Showcases New Luxury Watches at Watches and Wond

Polo Luxury, Nigeria’s premier luxury goods company, has made a significant mark at the 2025 edition of Watches and Wonders in Geneva, Switzerland. The event, considered the world’s most prestigious fine watchmaking exhibition, brought together key industry stakeholders and leaders. The firm said in a statement on Thursday that Polo Luxury’s Executive Director, Jennifer Obayuwana,...
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MTN, 9mobile Share Network: Nationwide Rollout Planned

Telecom operators MTN Nigeria and 9mobile have commenced testing of a landmark radio access network-sharing agreement, with a full nationwide rollout expected before the end of July, pending validation of system stability. The deal, endorsed by the Nigerian Communications Commission, allows the operator with three million subscribers to leverage MTN’s expansive radio access infrastructure while...
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Petrol Pricing Summit: FG Sets July Date

The Federal Government has fixed July 23 and 24, 2025, for a national stakeholder forum to address mounting concerns over petrol pricing and supply dynamics in the downstream sector, amid growing agitation by independent marketers for price regulation. The planned summit, organised by the Nigerian Midstream and Downstream Petroleum Regulatory Authority, is expected to bring...
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Wema Bank disburses N3m grant to Lagos MSMEs

Wema Bank, in its commitment to empowering Micro, Small and Medium Enterprises has disbursed business grants totalling N3m to three MSMEs at the Lagos Leather Fair. According to a statement made available to The PUNCH, the MSMEs had emerged as winners in a business pitch competition at the fair sponsored by Wema Bank in Lagos....
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Afreximbank Downgraded: Oramah Exits After Decade

The President/Chairman of the Board of Directors of the Africa Export and Import Bank, Professor Benedict Oramah, is exiting the bank at a time when international rating agencies are downgrading the bank. The latest downgrade came from Moody’s, which slashed Afreximbank’s rating from Baa1 to Baa2, two notches above a sub-investment grade or “junk” rating,...
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Nigeria Investment: CBN Reforms Boost Profile

The founder of the Research Alpha fund and a veteran Asia-Pacific investor, Michael McGaughy, has said that the reforms put in place by the Central Bank of Nigeria and others, such as the harmonisation of the foreign exchange market and the subsidy removal, boost Nigeria’s profile as a global investment hotspot. McGaughy said this just...
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AI Solves Supply Chain Challenges

Supply chain technology firm Excite Panacea has unveiled an AI-powered supply chain analytics dashboard to address fragmented data and disruptions to route-to-market efficiency. According to a statement, Excite Panacea unveiled the product at the Route to Market West Africa Summit 2025, held recently in Lagos. The firm served as the title sponsor and official technology...
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Henkel Unveils New Detergent in Nigeria

Henkel Nigeria has launched two new products, WAW Complete 5 in 1 Liquid Detergent and WAW Active 5 All-Purpose Cleaner, expanding its footprint in the Nigerian homecare market. According to a statement, Henkel Nigeria’s new product is its latest innovation under its WAW brand portfolio, which also includes household staples like Nittol and got2b. Speaking...
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Solar Cold Storage: Expert Urges Govt Investment

An agritech expert, Ayomide Olugbade, has urged the Federal Government to prioritise investment in cold-chain infrastructure, warning that the cost-intensiveness of solar-powered storage systems is a major barrier to reducing post-harvest losses in Nigeria. Olugbade, Co-Founder and Chief Technology Officer of Rendcore Technology Ltd., in a statement, described solar-powered cold storage as a crucial tool...
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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...