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NGX Surges N640bn as Guinness Nigeria Leads Gainers

07.08.2025
Investors on the Nigerian Exchange Limited gained N643bn on Wednesday, as bullish sentiment returned to the market following a positive performance across major sectors. The market capitalisation of listed equities rose from N91.61tn on Tuesday to N92.25tn at the close of trading on Wednesday. Similarly, the All-Share Index increased by 1,017.38 points, or 0.70 per...
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Nigerian Print Executives Embrace Flexographic Technology

07.08.2025
Industry leaders in Nigeria’s printing and packaging sector have thrown their weight behind flexographic technology, describing it as a cost-effective and sustainable solution to revive the country’s struggling print industry.  The call was made at the 2025 Executive Seminar on Flexographic Printing and Packaging held recently in Lagos. The event, themed ‘Unlocking Profitability and Sustainability...
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FG’s Housing Program Builds 6,112 Homes in North

07.08.2025
The Federal Government is currently constructing 6,112 housing units across Northern states, including the Federal Capital Territory, Kano, Benue, and other states, under the Renewed Hope Housing Programme. This was revealed by the Minister of Housing and Urban Development, Ahmed Dangiwa, during a recent interactive session in Kaduna, as contained in a statement released by...
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Fuel Retailers Oppose New Decommissioning Regulations in Nig

07.08.2025
The Nigerian Midstream and Downstream Petroleum Regulatory Authority has proposed fresh rules on the safe decommissioning of filling stations, sparking opposition from retail outlet owners in the downstream sector. The draft regulation, currently undergoing public scrutiny at the Stakeholders’ Consultation Forum on the Proposed Midstream and Downstream Petroleum Safety and Environmental Regulations 2025, includes a...
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First HoldCo to Sell 25% Stake After Otudeko Exit

07.08.2025
First HoldCo Plc has announced plans to sell a 25 per cent stake in the company that was recently transferred to a special purpose vehicle, RC Investment Management Ltd. According to Bloomberg, the Managing Director of First HoldCo, Wale Oyedeji, disclosed the development during an investor conference call held in Lagos recently. “We will be...
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Neimeth H1 2025 Profit Rises 11% to N220m

07.08.2025
Neimeth International Pharmaceuticals Plc has recorded an 11 per cent increase in profit for the half-year ended June 30, 2025. The company’s unaudited financial results filed with the Nigerian Exchange Limited recently showed a profit after tax of N219.6m for the period, up from N198.2m reported in the same period of 2024. Revenue grew 76...
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Aviation Financing Summit to Explore Risks and Opportunities

07.08.2025
The 29th Annual Conference of the League of Airport and Aviation Correspondents is set to take place this Thursday in Lagos. This event promises to bring together key stakeholders to discuss the theme: ‘Aviation Financing in Nigeria: The Risks, Opportunities, and Prospects’. In a statement released by the Chairman of the LAAC Conference Committee, Wole...
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Parthian Partners Redeems N10 Billion Bond

07.08.2025
Parthian Partners Limited has successfully and fully redeemed its N10bn three-year fixed-rate senior unsecured short-term bond. With this milestone, the firm has completed its debt issuance programme launched in August 2022 under the FMDQ Securities Exchange’s short-term bond framework. The bond, issued at a coupon rate of 13.50 per cent and fully subscribed by a...
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Auctioneers Launch Task Force to Combat Sharp Practices

07.08.2025
The Nigerian Auctioneers Group has inaugurated a National Task Force Committee as part of efforts to sanitise the auction industry and eliminate unauthorised practices nationwide. The group, comprising core professionals in the industry, announced in a statement that it has named David Omeike as the National Chairman of the committee. The National Caretaker and Electoral...
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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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