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NGX confirms UBA’s 3.16bn additional share listing

15.01.2026
The Nigerian Exchange Regulation has confirmed the admission of an additional 3.16 billion ordinary shares of United Bank for Africa Plc to the Daily Official List of the local bourse. In the confirmatory letter dated 12 January, which was signed by the Head of the Issuer Regulation Department at NGX, Godstime Iwenkehai, the additional share...
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Nigeria Boosts Flight Safety with N7.46bn Aviation Budget

15.01.2026
The Federal Ministry of Aviation and Aerospace Development has allocated N7.46bn for technology upgrades, staff training, safety initiatives, and operational reforms in 2026. According to the 2026 Appropriation Bill, the funding will drive automation of ministry operations, library services, registry systems, and performance management. Projects include a hybrid professional audio-visual conference system, e-library digitisation, enterprise...
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NGX Gains N1.66tn as Bullish Momentum Persists

15.01.2026
The Nigerian Exchange Limited extended its bullish run on Tuesday as sustained buying interest in key stocks lifted total market capitalisation by N1.66tn, reinforcing positive investor sentiment in the equities market. At the close of trading, total market capitalisation rose to N106.18tn from N104.52tn recorded in the previous session, while the All-Share Index advanced by...
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Alert Group Targets N130bn Loan Disbursements for MSMEs

15.01.2026
The Alert Group has unveiled plans to disburse N130bn in loans in 2026, as it continues to expand its financial services across Nigeria and support Micro, Small and Medium Enterprises. The announcement was made during a media chat in Lagos on Tuesday, where the Group Chief Executive Officer of Alert Group, Olanrewaju Kazeem, outlined achievements,...
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Nigeria & UAE Eliminate Tariffs in New Trade Pact

15.01.2026
The Federal Government has announced that Nigeria has eliminated tariffs on 6,243 products imported from the United Arab Emirates, and the UAE has removed tariffs on 7,315 products imported from Nigeria, as part of a new trade pact aimed at expanding market access for Nigerian goods, businesses, and professionals. The Federal Ministry of Industry, Trade,...
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Turkish Airlines renews three-year golf sponsorship deal

15.01.2026
Turkish Airlines has signed a new three-year sports partnership agreement, reaffirming its long-standing commitment to elite professional golf and global sports sponsorship. Under the renewed deal, the airline will continue its title sponsorship of the Turkish Airlines Open, one of the flagship events on the DP World Tour, held annually in Antalya. This was contained...
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SAHCO expands aviation handling in Nigeria with new deals

15.01.2026
Skyway Aviation Handling Company Plc has consolidated its position as one of Nigeria’s leading ground handling companies, recording a strong mix of commercial growth, safety achievements and industry recognition in 2025. In a statement made available to The PUNCH by the company’s publicist, Vanessa Uansohia, on Friday, the company announced that it onboarded new airline...
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NGX Pension Broad Index Leads Market with 59.72% Return

15.01.2026
The NGX Pension Broad Index, which tracks pension-compliant equities on the Nigerian Exchange, recorded a return of 59.72 per cent in 2025, outperforming the broader market as measured by the NGX All-Share Index. Data from the Exchange showed that the Pension Broad Index closed the year at 2,917.84 points, rising from 1,826.89 points at the...
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DEAP Capital Targets Capital Boost for Minerals Financing

15.01.2026
DEAP Capital Management & Trust Plc has announced the execution of a Memorandum of Understanding aimed at strengthening its capital base and enabling the commencement of a minerals and metals financing initiative across Africa. In a statement filed on the Nigerian Exchange Limited by the Company Secretary, Osammor Otiono & Co, on Tuesday, it was...
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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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