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PZ Cussons Rebounds with N5.54bn Profit

PZ Cussons Nigeria Plc has reported a profit after tax of N5.54bn for the year ended May 31, 2025, recovering from a loss of N76.02bn recorded in the corresponding period of 2024. The unaudited financial statements released by the company on the Nigeria Exchange Limited on Monday showed a 40 per cent increase in revenue,...
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Nigeria’s Regional Trade: Overcoming Hurdles (60 characters)

Despite its dominance in regional trade, Nigeria faces structural and policy barriers that limit the full realisation of intra-ECOWAS commerce, including poor infrastructure, fragmented customs systems, and currency mismatches. The 2025 West Africa Economic Summit in Abuja provided a platform for dialogue and commitment, as experts and policymakers emphasised that digital identity, youth potential, and...
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C&I Leasing Grows Gross Earnings to N36.7bn

C & I Leasing Plc has announced a growth in its gross earnings to N36.7bn for the financial year ended 31 December 2024, representing a 64 per cent increase from the N22.4bn reported in the previous year. The audited financial results, which were filed with the Nigerian Exchange Limited on Monday, showed that the group’s...
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FGN Bonds Dominate at 79%

The Debt Management Office has disclosed that Federal Government of Nigeria bonds accounted for 79.85 per cent of the total domestic debt stock, which stood at N74.89 tn as of March 31, 2025. The figure was contained in the latest domestic debt report released recently by the DMO. According to the breakdown, FGN bonds amounted...
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Senate Seeks Level Playing Field For Indigenous Contractors

The Senate, on Wednesday, resolved to protect local contractors in contract bidding by ensuring a level playing group in competitive bidding in the country. Accordingly, the apex legislative Assembly mandated its Committees on Public Procurement and Local Content, to ensure level playing ground for local contractors in the contract bidding process. To achieve this objective,...
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We’ll Rebuild Crumbling Pillars Of Democracy — Mark

Interim National Chairman of the African Democratic Congress (ADC) Senator David Mark, has said that the decision by opposition leaders to form a political coalition is driven by the need to stop Nigeria’s drift into a one-party state. Speaking on Wednesday at the formal unveiling of the ADC as a coalition platform, Mark, a former President...
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Senate Hails CBN On Impressive Mid-year Performance

The Senate, on Wednesday, applauded the Central Bank of Nigeria (CBN) on encouraging developments in the Nigerian financial and monetary landscape within the last six months. The Senate Committee on Banking, Insurance and Other Financial Institutions, chaired by Senator Adetokunbo Abiru (APC Lagos East), made the commendation during statutory engagement with the Governor of the...
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Gov Okpebholo Visits Sokoto, Commends Road Projects

Sokoto State Governor Ahmed Aliyu has commissioned three major roads in the Mabera area as part of his administration’s urban renewal programme, reaffirming his commitment to infrastructural development across the state. The commissioning ceremony was graced by the Governor of Edo State, Monday Okpebholo, who commended the project and praised its potential to boost economic...
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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...