February 2026 – Page 142

Wema Bank Profit Soars 124% to N193bn in 2025 Report

06.02.2026

Wema Bank Plc recorded a strong financial performance in the 2025 financial year, posting a profit for the year of N193.19bn, representing a 124 per cent increase from the N86.28bn recorded in 2024. The bank’s audited financial statements for the year ended 31 December 2025 showed that the improved performance was driven by growth in...

Stanbic IBTC Reports N381bn Revenue in Strong 2025 Showing

06.02.2026

Stanbic IBTC Holdings Plc has recorded a strong financial performance for the year ended 31 December 2025, posting a group profit of N381bn, up 68 per cent from the N225.3bn recorded in 2024. In its annual statements of profit or loss for the year ended 31 December 2025, the group’s total income rose to N896bn,...

ADC Inaugurates Bayelsa C’ttee, Welcomes Obedient Movement Defectors

06.02.2026

The Bayelsa State chapter of the African Democratic Congress (ADC), on Thursday, inaugurated its Transition Leadership Committee in the state. This is as the party also formally welcomed defectors from the Obedient Movement, with Dr Captain Mathew Karimo unveiled as Leader and Chairman of the State Leadership Committee. This was contained in a press statement...

Kai Cenat Donates Educational Materials To Kids In Makoko

06.02.2026

Popular American streamer Kai Cenat on Thursday donated school materials to Makoko Children School Orphanage Home, in Yaba Local Council Development Area of Lagos State. Cenat, known for his massive online following, also spent time with the children through dancing, painting, and games when he visited the Makoko orphanage home. New Telegraph had earlier reported...

KBSG Releases N714m For Foreign Students Tuition Fee, Upkeep

05.02.2026

The Kebbi State Governor, Comrade Nasir Idris, has approved the release of N714.98 million as tuition, upkeep, visa extension, and internship fees for indigent students studying in different foreign universities. Addressing a press conference in Birnin Kebbi on Thursday, the Commissioner for Higher Education, Alhaji Isah Abubakar-Tunga, said the gesture was part of relentless efforts towards...

PDP Secretariat Opens On Monday

05.02.2026

Secretary of Nyesom Wike’s faction of the Peoples Democratic Party (PDP) National Caretaker Committee, Senator Samuel Anyanwu, said the party’s national secretariat, which was sealed by the police in November 2025, will be reopened next Monday. Anyanwu, who spoke to journalists on Thursday after attending the quarterly consultative meeting by the leadership of political parties...

1,000 Osun Women Receive N50,000 First Lady’s Recapitalisation Grant

05.02.2026

No fewer than 1,000 women, including petty traders, vulnerable residents, and persons living with disabilities across Osun State, have received a recapitalisation grant of N50,000 each from Nigeria’s First Lady, Oluremi Tinubu, under the Renewed Hope Initiative (RHI) Economic Empowerment Programme. The programme, held at the office of the First Lady of Osun State, Government...

Sokoto APC Chairman Says ADC Is Old Wine In New Bottle

05.02.2026

The All Progressives Congress (APC) Chairman, Alhaji Isa Sadiq Achida, has described the regrouping of politicians into the opposition Advance Democratic Congress (ADC) as “old wine in a new bottle” and emphasized that the opposition party will fail, as it cannot deceive electorates in the 2027 general elections. Achida stated this during the Tambuwal Local...

CBN Reforms & Oil Prices Boost Nai

05.02.2026

Nigeria’s foreign exchange environment is seeing a notable turnaround as reforms by the Central Bank of Nigeria combine with a fresh rally in oil prices to support the naira, boost external reserves and rebuild confidence in FX markets. SAMI TUNJI examines how stricter FX governance, higher oil earnings and improving capital inflows are influencing exchange-rate...

Turaki Faction Faults INEC’s Recognition Of Wike Camp

05.02.2026

The Kabiru Turaki-led faction of the People’s Democratic Party (PDP) National Working Committee (NWC) has criticised the Independent National Electoral Commission (INEC) for recognising the Nyesom Wike-backed caretaker committee. Describing the action as unconstitutional and capable of escalating tensions within the party, the Turaki-led PDP warned that it would explore all legal avenues to challenge...

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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

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

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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Latest News

Wema Bank Profit Soars 124% to N193bn in 2025 Report

Stanbic IBTC Reports N381bn Revenue in Strong 2025 Showing

ADC Inaugurates Bayelsa C’ttee, Welcomes Obedient Movement Defectors

Kai Cenat Donates Educational Materials To Kids In Makoko

KBSG Releases N714m For Foreign Students Tuition Fee, Upkeep

PDP Secretariat Opens On Monday

1,000 Osun Women Receive N50,000 First Lady’s Recapitalisation Grant

Sokoto APC Chairman Says ADC Is Old Wine In New Bottle

CBN Reforms & Oil Prices Boost Nai

Turaki Faction Faults INEC’s Recognition Of Wike Camp

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I apologise for saying no heaven without tithe – Adeboye

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