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Greenwich Merchant Bank Bags Best FMDQ-Compliant Award

Greenwich Merchant Bank has emerged as the winner of the 2025 Best FMDQ-Compliant Member Award. In a statement on Sunday, the firm said that the recognition reinforced its reputation for strong governance, disciplined operations, and consistent regulatory alignment. The Award, presented by FMDQ Group PLC at the 2025 FMDQ Gold Awards, recognises the dealing member...
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Kano & Dangote boost industrial projects at trade fair

The Dangote Group and the Government of Kano State are strengthening relationships to foster business activities and social programmes in the state. This comes as participants stream into the company’s pavilion at the 46th edition of the Kano International Trade Fair, eager to explore the array of innovative products on display. Kano State Commissioner for...
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AIICO unveils all-in-one insurance for farmers

AIICO Insurance Plc has introduced a new bundled insurance solution designed to address the longstanding financial vulnerabilities faced by Nigeria’s smallholder farmers, rural families, and underserved populations. According to the insurance firm, the new product, AIICO All-in-One Financial Protection, was launched in Lagos, following an extensive countrywide engagement tour across Ibadan, Kano, and Calabar. For...
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Insurers pursue N75bn for recapitalization in Nigeria

Five insurance companies have indicated that they would be raising about N75bn additional capital from the market as part of efforts to meet the new minimum capital requirement, The PUNCH can report. According to their corporate filings on the Nigerian Exchange Limited, most have received board-level approval and are now seeking the approval of shareholders...
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FairMoney gets credit rating upgrade from GCR

Global Credit Ratings has upgraded the national scale issuer ratings of FairMoney Microfinance Bank. FairMoney’s long-term rating was raised from BBB(NG) to BBB+(NG), while its short-term rating has been upgraded from A3(NG) to A2(NG). The outlook remains stable. Fairmoney MFB, announcing the upgrade, said that the new ratings reflected improvements in the Nigerian microfinance sector...
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Sahara Group launches tree regeneration in Edo forest reserv

Sahara Group has expanded its environmental sustainability agenda through a strategic partnership between its flagship Adopt-A-Forest Initiative and the Gelegele Forest Reserve in Edo State, Nigeria. The collaboration, which kicks off with the planting of 20,000 tree seedlings, is aimed at regenerating degraded areas of the reserve and reinforcing Sahara’s long-term commitment to nature-based climate...
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JUST-IN: Defence Minister, Badaru Resigns

The Minister of Defence, Mohammed Badaru Abubakar, has officially tendered his resignation, citing health reasons. This is contained in a press statement issued by President Bola Tinubu’s Special Adviser on Communication and Strategy, Bayo Onanuga, on Monday. December 1. In the letter, Badaru cited poor health as the reason for stepping down. President Bola Tinubu...
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Real Madrid Could Sack Xabi Alonso December 3

Spanish professional footballer Xabi Alonso could be sacked if Real Madrid fails to win against Athletic Bilbao on Wednesday, December 5. A journalist, Onda Cero‘s Fernando Burgos. disclosed this after Madrid’s disappointing 1-1 draw against Girona on Sunday, which helped Barcelona gain a one-point lead atop the La Liga table. Alonso has been under intense...
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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...