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Jaiz Bank Wins Most Progressive Islamic Bank Award

14.09.2025
Jaiz Bank Plc, Nigeria’s pioneer non-interest financial institution, has been named the Most Progressive Islamic Bank 2025 by the Global Islamic Finance Awards. According to a statement issued by the bank on Friday, the announcement was made by the GIFA Awards Committee, chaired by Prof. Humayon Dar. “It gives me immense pleasure to inform you...
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Cardinalstone Named Africa’s Best Broker at 2025 Awards

13.09.2025
Cardinalstone has been named Africa’s Best Broker at the 2025 Euromoney Capital Market Awards, cementing its position as a leading player in Nigeria’s capital market. In a statement on Wednesday, the award recognises the firm’s client-focused brokerage solutions. Cardinalstone has maintained its position as Nigeria’s top stockbroker by both volume and value for three consecutive...
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Bitget Transfers 440M BGB Tokens to Morph Foundation

13.09.2025
Cryptocurrency exchange and Web3 company Bitget has revealed that it has transferred its token, about 440 million BGB, to Morph Foundation. In a statement on Tuesday, the firm said that the deal with Morph will boost BGB’s utility across a multitude of projects. BGB is the ecosystem token for both the Bitget exchange and Bitget...
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Nigeria Shortens Stock Settlement Cycle to T+2 in November 2

13.09.2025
The Central Securities Clearing System Plc and the Nigerian Exchange Limited announced on Wednesday that the nation’s capital market will move to a two-day securities settlement cycle, effective November 28, 2025. The initiative aims to enhance market efficiency, reduce counterparty risk, and align Nigeria’s capital market with international best practices. Speaking at a stakeholder webinar...
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$7.5M Mini-Grids Funding Boosts Nigeria’s Clean Energy Acces

13.09.2025
British International Investment, the United Kingdom’s development finance institution, in partnership with Odyssey, has launched a $7.5 million financing facility to accelerate the deployment of mini-grids across Nigeria. In a statement made available to our correspondent on Thursday, the facility is expected to expand access to clean and reliable energy for underserved communities, strengthen Nigeria’s...
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Peak Dairy Creamer: FrieslandCampina WAMCO’s Innovative New

13.09.2025
FrieslandCampina WAMCO Nigeria PLC has reaffirmed its commitment to innovation and producing quality products aimed at meeting consumers’ needs. In a statement to The PUNCH to unveil Peak Dairy Creamer, an innovative new product designed to transform ordinary tea and coffee into extraordinary experiences, the Senior Brand Manager at FrieslandCampina WAMCO Nigeria PLC, Moronke Adisa-Abayomi,...
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Dangote Starts Free Fuel Distribution Monday

13.09.2025
The Dangote refinery will start the free fuel distribution scheme on Monday, The PUNCH reports. The Dangote Group spokesman, Anthony Chiejina, said in a statement that the scheme would start with the South-West, the Federal Capital Territory, Abuja, Kwara, Delta, Rivers and Edo States. He added that the refinery has also dropped petrol retail prices...
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Transforming Nigeria’s Renewable Energy Se

13.09.2025
The REEV Africa expo, to be held from November 16 to 20 in Lagos, is expected to transform Nigeria’s renewable energy and electric vehicle industries. In a statement to The PUNCH, the founder of EV Planet Limited and organiser of the event, Dr. Bunmi Olubamidele, said Nigeria’s renewable energy and electric vehicles are on the...
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Nigeria Faces Energy Crisis as Gas Firms Cut Supply Over N5.

13.09.2025
Nigeria faces the threat of nationwide blackouts as gas companies reduce their supply to power plants due to an outstanding N5.6 trillion debt owed to power generation companies. The development has raised concerns about the stability of the national grid and the country’s ability to sustain its electricity supply. The Managing Director/Chief Executive Officer of...
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International Breweries Boosts Local Sourcing in Nigeria

12.09.2025
International Breweries Plc, a subsidiary of AB InBev, has reaffirmed its commitment to local sourcing while celebrating farmers, aggregators, development partners, and government stakeholders for their contributions to Nigeria’s food system and economic growth. According to a statement, the brewer of Trophy Lager, Hero Lager, Castle Lite, and Budweiser made this known at its stakeholder...
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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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