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Agbeyewa acquires Matna to boost Nigerian agribusiness

Agbeyewa Industries Limited, a subsidiary of Cavista Holdings, has acquired Matna Foods Company Limited, founded in 1998 by former Central Bank of Nigeria Governor, Dr Joseph Sanusi, further strengthening its position in the Nigerian agribusiness sector. According to the firm in a statement issued on Sunday, the acquisition marks a significant strategic milestone for Agbeyewa...
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NeoLife pays N31bn to its Nigerian distributors

Global health and wellness company NeoLife paid a total of N31bn to its Nigerian distributors in 2025, up from N18bn the previous year, underscoring rapid growth in its local operations, company executives said on Friday. The payout was disclosed at NeoLife’s RISE meeting held in Lagos, a flagship event that kicks off the company’s business...
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What small businesses need to know

Small and medium-sized enterprises would gain significantly from the new tax laws by repositioning their internal processes, strengthening tax reporting, and deepening engagement with the government, according to business stakeholders. In separate phone interviews with The PUNCH, stakeholders, including the Director of Africa Retail Academy, Prof Uchenna Uzo, explained that SMEs, particularly retailers, should adopt...
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Power Reforms to Deliver Stable Electricity in Nigeri

The Niger Delta Power Holding Company has urged Nigerians to remain hopeful, assuring that ongoing reforms in the power sector will translate into a more reliable and sustainable electricity supply across the country. The Managing Director and Chief Executive Officer of NDPHC, Jennifer Adighije, gave the assurance in her New Year message, where she called...
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MAN backs new Nigerian tax laws for business recovery

The Manufacturers Association of Nigeria and the Chairman of the Presidential Committee on Fiscal Policy and Tax Reform, Taiwo Oyedele, have noted that the newly enacted tax laws were designed to help Nigerian businesses recover, regain competitiveness, and expand from the domestic market into regional markets, following years of distortion caused by multiple taxation and...
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Angela Okorie Warns Parents Against Kissing Children

Nollywood actress Angela Okorie has stirred conversation on social media after advising parents to avoid kissing their children on the mouth, describing the habit as unhealthy and unnecessary. Taking to her official Instagram page, the actress expressed concern about the possible spread of germs and infections through mouth-to-mouth contact. According to her, parents should show...
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Nigerian Afrofuji Singer Destiny Boy Dies at 22

The Nigerian music community has been thrown into mourning following the reports of the death of young Afrofuji singer Afeez Adesina, popularly known as Destiny Boy. Sunday Telegraph gathered that the young artist passed away on Sunday, January 18, at Ijebu-Ode, Ogun State, at the age of 22. News of his death first emerged on...
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NECA Urges Employers to Prioritise Workplace Safety in Niger

The Nigerian Employers’ Consultative Association and the Nigeria Social Insurance Trust Fund have intensified efforts to improve workplace safety standards across the country, warning that negligence, poor awareness, and weak safety culture continue to expose Nigerian workers to preventable injuries and deaths. The renewed push came on Friday in Abuja at a press conference ahead...
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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...