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Profit Hits N500m Amid Growth

C&I Leasing Plc has released its unaudited financial results for the first quarter ended 31 March 2026, showcasing a robust start to the year with a significant climb in both top-line revenue and bottom-line profitability. According to the report submitted to the Nigerian Exchange, the Group’s Profit After Tax rose to N500.4m, representing a 15.5...
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MMA2 dispute resolution boosts investor confidence in Nigeri

The Director-General of the Infrastructure Concession Regulatory Commission, Jobson Ewalefoh, has commended President Bola Tinubu for resolving the long-standing concession dispute surrounding the Murtala Muhammed Airport Terminal 2 in Lagos, describing the move as a major boost to investor confidence in Nigeria. In a statement issued on Sunday in Abuja, Ewalefoh said the President’s action...
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LAWMA & SOS Distribute Nets for Malaria Prevention in Lagos

The Lagos Waste Management Authority, in collaboration with International SOS, has distributed insecticide-treated nets to support their protection against mosquito bites. This comes as the agency also educated sanitation workers on malaria prevention, symptoms, and appropriate treatment. LAWMA announced this in a statement on Saturday signed by its Director, Public Affairs, Mukaila Sanusi. Speaking during...
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A Struggle for Credit & Survival

Small businesses in Nigeria face worsening access to credit as high interest rates and tight monetary policy persist. Many SMEs avoid loans amid stricter conditions, widening a funding gap and forcing reliance on costly informal finance, SAMI TUNJI writes Small and medium-scale enterprises across Nigeria are grappling with limited access to affordable financing as rising...
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OPEC+ hikes oil production quotas after UAE withdrawal

Saudi Arabia, Russia and five other OPEC+ countries increased their oil production quota on Sunday in an expected move aimed at demonstrating continuity at the cartel after the shock withdrawal of the United Arab Emirates. The seven major producers will add 188,000 barrels per day to their total production quota for June amid the price...
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CIS elects first female president in 30-year history

The Chartered Institute of Stockbrokers has made history with the election of Fiona Ahimie as its 14th President and Chairman of Council. The announcement, made following a Council meeting on Thursday, marks the first time a woman will lead the prestigious Institute in its more than three-decade existence. Ahimie, an accomplished investment expert and the...
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COWA launches nationwide tree planting campaign

The Customs Officers’ Wives Association has concluded plans to launch a nationwide tree planting campaign aimed at planting 1,000 trees within one hour in a bold demonstration of its commitment to environmental sustainability and community development. Announcing this in a statement on Wednesday, the National Public Relations Officer of the NCS, Abdullahi Maiwada, stressed that...
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Prudential Zenith Life Boosts Inclusive Education in Lagos

Prudential Zenith Life Insurance has completed the renovation of a convenience facility at the Atunda Olu School for the Physically and Mentally Challenged in Surulere, Lagos. The project underscores the company’s commitment to inclusive community development and the provision of specialised infrastructure to support the daily requirements of vulnerable groups. This is contained in a...
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Guinea Insurance assets up 6.9% on portfolio gains

Guinea Insurance Plc has reported a resilient expansion of its balance sheet for the first quarter ended 31 March 2026, posting a 6.9 per cent growth in total assets. The company’s unaudited financial results reveal that total assets rose to N7.75bn, up from the previous year, bolstered largely by a strategic revaluation of its investment...
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Lagos Lacks a Waste Management Master Plan, Says LAWMA

The Managing Director/Chief Executive Officer of the Lagos Waste Management Authority, Dr Muyiwa Gbadegesin, has stated that Lagos State is yet to have a Waste Management Master Plan. Gbadegesin added that LAWMA is actively advocating its development as a strategic framework to guide long-term planning, investment, and sustainable waste management practices. He disclosed this on...
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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...