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Norrenberger Equity Model Beats NGX with 82% Return

23.01.2026
Norrenberger’s Equity Portfolio Model recorded an 82 per cent return in 2025, outperforming key Nigerian stock market benchmarks for the second consecutive year, according to performance data released by the firm. The model exceeded the NGX All-Share Index, which returned 52 per cent, and the NGX 30 Index, which posted a 50 per cent gain...
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Nigeria to Save N3tn FX With Bioethanol Blending Program

23.01.2026
The Federal Government has projected annual foreign exchange savings of over N3tn from the blending of bioethanol with Premium Motor Spirit as it advances plans to deepen Nigeria’s cassava industrial value chain. This projection was contained in a press statement on Thursday by the Director of Information and Public Relations at the Federal Ministry of...
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Kaspersky Warns of a Surge in QR Code Phishing Emails

23.01.2026
Cybersecurity firm Kaspersky has reported a sharp rise in phishing emails that exploit malicious QR codes, with detections increasing more than fivefold between August and November 2025. According to a statement from the firm on Thursday, the number of detected emails containing harmful QR codes jumped from 46,969 in August 2025 to 249,723 in November...
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Nigeria’s new industrial policy: N105m for ailing sectors

23.01.2026
The 2026 Appropriation Bill has budgeted a sum of N105m to aid in completing ongoing projects, including an 80 per cent-completed Nigeria Industrial Revolution Plan of 2014, which ties to the cotton-textile-garment and other ailing sectors. This funding comes on the heels of the National Industrial Policy of 2026, ARINZE NWAFOR writes The Federal Government...
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Seplat appoints Tony Elumelu as a board member

23.01.2026
Seplat Energy Plc has announced the appointment of renowned entrepreneur and philanthropist Tony Elumelu as a Non-Executive Director on its Board, following his investment vehicle, Heirs Holdings, and its subsidiary, Heirs Energies Ltd, becoming the company’s largest shareholder with a 20.07 per cent equity stake. In a notice filed on the Nigerian Exchange Limited on...
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LCCI Urges FG to Settle N1.7tn Contractor Backlog

23.01.2026
The Lagos Chamber of Commerce and Industry has called on the Federal Government to settle verified 2024 capital project liabilities to ease the financial distress faced by indigenous contractors. President of LCCI, Leye Kupoluyi, on Thursday, during his address on the state of the economy, held in Lagos, noted that the N1.7tn earmarked for contractor...
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YABATECH Tackles Plastic Waste with New Plastogas Hub

23.01.2026
Yaba College of Technology has unveiled its Plastogas Hub, a plastic-to-gas and upcycling facility designed to reduce plastic waste, promote environmental sustainability and create jobs within the institution and neighbouring communities. Administrators launched the YABATECH Plastogas Hub at the college in Lagos on Wednesday, with stakeholders describing it as a model for community-driven waste management,...
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Weak governance exposes MSMEs to serious tax risks

23.01.2026
The Centre for Enterprise Governance has stated that micro, small and medium enterprises must adopt basic governance structures to survive and grow under Nigeria’s evolving tax reform regime. In a statement, the founder of the CEG, Dr Adeyinka Hassan, said the country’s business environment is shifting towards stronger accountability, formalisation and compliance, making governance essential...
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Kaduna Customs Posts N14.6bn Revenue in Q4 2025

23.01.2026
The Nigeria Customs Service, Kaduna Area Command, said it collected a total of N14.6bn as revenue in the last quarter of 2025. In a recent statement, the Public Relations Officer of the command, Dauda Adamu, explained that the figure increased by N3.8bn when compared to the N10.8bn collected in the same period in 2024, representing...
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CPPE Warns Nigeria Sugar Tax May Harm Local Industry

23.01.2026
The Centre for the Promotion of Private Enterprise has urged the government and policymakers to prioritise health interventions over imposing additional taxes on sugar-sweetened beverages. It warned that a sugar tax would undermine Nigeria’s manufacturing and employment base. In a statement on Wednesday, Chief Executive Officer of Centre for the Promotion of Private Enterprise, Dr...
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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
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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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