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US bank earnings rise in Q4 on strong loan growth

15.01.2026
Major US banks posted robust earnings in the fourth quarter of 2025, buoyed by growing demand from borrowers, a development that analysts say could bode well for lenders’ future profitability, Reuters reports. According to company filings and statements reviewed by Reuters, Bank of America saw its average loans grow by eight per cent compared with...
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NGX Crosses N100tn Mark in Reform-Driven Bull Run

15.01.2026
Two years into President Bola Tinubu’s tenure, Nigeria’s capital market has undergone a historic bull run, adding a staggering N36.6tn in value and surpassing the N100tn milestone. This monumental growth, fuelled by aggressive reforms, has revived investor confidence. Yet, analysts urge that this surge must now be secured through detailed policy clarity and consistent implementation...
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Group Decries Rising Shipping Charges & Poor Services

15.01.2026
A maritime research group under the auspices of the Sea Empowerment Research Centre has stated that shipping and ancillary port charges have increased sharply over the years, far outpacing improvements in service quality and efficiency. The group, in a statement on Monday signed by its Head of Research, Mr Eugene Nweke, maintained that many traditional...
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Retirement payouts surge 96% to N789.7bn in nine months

15.01.2026
Retirement and terminal benefits payouts almost doubled year-on-year, reaching N789.69bn in the first three quarters of 2025, according to The PUNCH analysis of quarterly figures from the National Pension Commission. According to PenCom’s data, total payouts for Q1, Q2, and Q3 stood at N286.35bn, N252.76bn, and N250.59bn, respectively, bringing the nine-month total to N789.69bn. This...
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NIMASA moves to curb waterway safety breaches in Nigeria

15.01.2026
The Nigerian Maritime Administration and Safety Agency said it has commenced a special operational enforcement code-named Operation Zero Tolerance for Non-Compliance in the nation’s maritime domain as part of efforts to ensure full compliance with existing maritime laws. The directive, according to a recent statement by the Deputy Director/Head of Public Relations at NIMASA, Osagie...
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RCCG LP35 2026 Economic Summit Charts Tax, Investment Roadma

15.01.2026
Tax reforms, investment positioning, and Nigeria’s medium-term economic outlook will dominate discussions at the 2026 Economic Summit organised by The Redeemed Christian Church of God, Lagos Province 35. Speaking at a press conference at the RCCG Christ Church, Gbagada, Lagos, ahead of the summit scheduled to be held on 24 January, Ben Akabueze, the former...
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Ogun Customs leads engagement to boost border security

15.01.2026
Determined to boost security, the Nigeria Customs Service, Ogun I Area Command, has organised a joint border security engagement aimed at enhancing regional security and promoting smooth cross-border trade. The command, while announcing this in a post via one of its social media handles, stressed that the high-level stakeholders’ meeting, held last week at Idiroko,...
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PalmPay & Premier Cool Launch N100m Consumer Promo

15.01.2026
Digital bank PalmPay and Premier Cool have launched a nationwide consumer promotion offering N100m in cash rewards to Nigerians, as brands increasingly turn to incentive-led campaigns to boost household spending amid economic pressure. The campaign, tagged “10K for 10K”, will reward 10,000 Nigerians with N10,000 each, with winnings paid instantly into PalmPay wallets. It runs...
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ICSAN Unveils Logo for 60th Anniversary Celebration

15.01.2026
The Institute of Chartered Secretaries and Administrators of Nigeria on Tuesday unveiled its 60th anniversary logo and outlined activities for its diamond jubilee celebration at the institute’s secretariat in Ikeja, Lagos. The anniversary, themed “Six Decades of Excellence: Shaping Governance, Empowering Futures”, will culminate in a grand finale in Lagos, with dates yet to be...
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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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