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BUA Cement Revenue Soars 59% to ₦580bn in H1 2025

29.07.2025
BUA Cement Plc has reported a significant improvement in its financial performance for the half year ended June 30, 2025, with group revenue rising by 59 per cent to N580.3bn from N363.9bn posted in the corresponding period of 2024. The cement manufacturing giant also recorded a sharp rise in profit after tax, which surged by...
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Transcorp Power Reports N77.6bn H1 2025 Profit & Dividend

29.07.2025
Transcorp Power Plc has posted a profit of N77.6bn for the half-year ended June 30, 2025, and declared an interim dividend of N11.25bn, reflecting strong operational performance and a commitment to shareholder value. The company, a subsidiary of Transnational Corporation Plc, disclosed in its unaudited financial statements filed on the Nigerian Exchange Limited on Monday...
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NGX Gains N400bn as Investor Appetite Soars

29.07.2025
The Nigerian Exchange Limited opened the week on a bullish note as renewed investor confidence drove a market capitalisation gain of N400bn. The benchmark All-Share Index increased by 713.58 points, representing a 0.53 per cent rise to close at 135,166.51. This positive performance pushed the total market capitalisation to N85.5tn at the close of trading...
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SEC Rejects TCN Meeting, Asserts Regulatory Oversight

29.07.2025
The Securities and Exchange Commission has dissociated itself from the purported Annual General Meeting of Tourist Company of Nigeria Plc held on July 25, 2025, declaring that the company remains under its regulatory oversight. In a public notice issued on Monday, the Commission stated that any resolutions passed at the meeting, including the removal of...
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Nigeria Travel Agents Protest Dollar-Only Airline Tickets

29.07.2025
Despite persistent protests by travel agents in Nigeria over the continued sale of airline tickets in United States dollars in-country, the Nigerian Civil Aviation Authority has remained silent, refusing to address or intervene in the controversial practice. Rather, the industry regulator is concerned with how to expunge Nigeria from the Financial Action Task Force’s grey...
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Nigeria Stock Market Crosses N85tn, Investors Eye Q2 Earning

29.07.2025
The Nigerian Exchange gained N22.14tn in market capitalisation in H1 2025, pushing its valuation to N85.46tn, driven by investor confidence and improving macroeconomic conditions, writes TEMITOPE AINA The Nigerian Exchange Limited continued its bullish trajectory in the first half of 2025, recording a N22.14tn gain in market capitalisation as investor confidence strengthened amid macroeconomic conditions...
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Nigerian Banks’ H2 2025 Outlook Hinges on Recapitalization

29.07.2025
The performance of Nigerian banks in the second half of the year is projected to largely depend on the progress they make in the recapitalisation process and their ability to maintain dividend payments. This was the position of analysts at investment house Comercio Partners in its H2 2025 Macroeconomic Outlook, titled ‘Reconfiguration: From Global Trade...
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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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