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Nigerian Stock Market Dips to N88.9tn Amid Bearish Run

29.08.2025
The Nigerian Exchange closed negative on Thursday as bearish trading sentiments wiped off N438bn from investors’ wealth, dragging the equities market capitalisation to N88.9tn at the end of the day’s transactions. The All-Share Index shed 691.52 points, or 0.49 per cent, to close at 140,557.24 points compared with 141,248.76 points recorded in the previous session....
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Power Oil Champions Healthy Cooking Habits in Nigeria

29.08.2025
Power Oil has unveiled its Certified Healthy, Certified Fit agenda, championing healthy living by connecting nutrition in the kitchen with the everyday physicality of Nigerian life. The brand said in a statement that it was shifting the cooking oil category from price and taste competition to lifestyle relevance by positioning food as healthcare and lifestyle...
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Group Seeks Clarity from FG

29.08.2025
The Alliance for Economic Research and Ethics has urged the Federal Government to provide clear transition plans and sector-wide consultations before enforcing its ban on raw shea nut exports. The Chairman of the trade group, Dele Oye, warned in a statement that immediate policy reversal without adequate transition measures would undermine ongoing commitments, investment plans,...
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Solar Cold Chain Tech Unveiled to Combat Food Waste in Niger

29.08.2025
Lagos-based Eja-Ice Nigeria Limited has introduced solar-powered refrigeration and cold chain solutions to cut food waste and boost food sustainability in the country. The Chief Executive Officer of the firm, Yusuf Bilesanmi, said the innovation marked a major step forward for Nigeria’s cold chain industry. According to a statement, Bilesanmi, speaking at the company’s first-ever...
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Infinity MFB Appoints New Chairman, Independent Director

29.08.2025
Infinity Microfinance Bank has announced the appointment of Mrs. Clara Oloniniyi as its board chairman and Mr. Aweh Ebikeme as an independent director. The announcement of their appointment followed receipt of approval from the Central Bank of Nigeria. According to a statement from the bank, Mrs. Oloniniyi is the co-founder and pioneering Managing Director/Chief Executive...
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LG Donates Solar Borehole to Ogun Community

29.08.2025
The Ogun State Commissioner for Housing, Jagumolu Akande Omoniyi, has hailed the management of LG Electronics for prioritising investment in boosting access to safe and drinkable water in communities across the country. Omoniyi, represented by the Senior Special Adviser to Gov. Dapo Abiodun on Housing, Kolawole Agemo, gave this commendation on Wednesday during the unveiling of the...
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TCN Denies Explosion at Substation

29.08.2025
The Transmission Company of Nigeria has dismissed claims by the Enugu Electricity Distribution Company Plc that an explosion at its Onitsha Sub-Region station was responsible for the recent power outage in parts of Anambra State and Oji River in Enugu State. According to a statement signed by the company’s spokesperson, Ndidi Mbah, on Thursday, the...
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Kiara Crowns Jollof Champion at 2025 World Jollof Fest

29.08.2025
Kiara Rice Mills has championed its rice brand as a meal of choice following the grand finale of the 2025 World Jollof Fest, where the winner, Adefunke Oluwasuji, received N2m. The competition, held at Ikeja City Mall, Lagos, brought together food lovers, influencers, and celebrities in a dazzling celebration of World Jollof Day. Guests enjoyed...
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Cybersecurity Vulnerabilities Threaten Nigerian Businesses |

29.08.2025
The CEO of Glemad, David Idris, reckons that Nigeria’s business landscape faces significant cybersecurity vulnerabilities, particularly with SMEs neglecting proactive security measures. He advocated for stronger data protection enforcement, better education on data privacy rights, and a balance between data localisation and international flexibility to secure Nigeria’s digital future in this interview with SAMI TUNJI...
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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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