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Foreign Equity Trades Drop as Domestic Investors Dominate NG

Foreign investors stayed on the sidelines in November 2025, with equity trades on the Nigerian Exchange Limited remaining below N200bn for the second straight month. While foreign participation fell 13 per cent to N162bn, domestic investors dominated the market, driving total trades to N971bn and keeping the bourse vibrant. Institutional investors led the charge, outpacing...
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TECNO showcases AI tech to football fans at AFCON 2025

TECNO has rolled out fan zones and AI-powered pop-up stores in Morocco as part of its activation for the Africa Cup of Nations 2025, using the tournament to bring its artificial intelligence technology closer to football fans across major urban centres. The smartphone brand said in a statement on Wednesday that the activations, located in...
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Knorr deepens consumer engagement in Nigerian markets

Knorr, a leading seasoning brand, has spread yuletide cheer across 21 markets and 30 communities spanning 10 cities nationwide, as part of its annual Share the Good campaign. A statement from the firm on Wednesday stated that the initiative reaffirmed the brand’s commitment to flavouring lives while celebrating consumers across Nigeria who have trusted Knorr...
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Tax Reforms Spark Tension & Shipping Line Fare Hike Plans

There appears to be palpable tension among freight forwarding practitioners in the nation’s maritime sector over the tax implementation that kicked off on Thursday, January 1, 2026. Some agents who spoke with The PUNCH explained that some shipping lines have already started holding meetings over possible fare increases. Starting January 1, 2026, the Federal Government...
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Key financial mistakes to avoid for a secure future

Across Nigeria and similar economies, the cost of everyday life is no longer rising in bursts; it is rising steadily. Food, transport, housing, healthcare, and education are demanding a larger share of household income, while wages struggle to keep pace, JOSEPHINE OGUNDEJI writes Across Nigeria and many emerging markets, households are operating in an environment...
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Nigerian Insurance Firms Project N10.59bn Q1 Profit for 2026

Nigerian insurers are projected to record a combined Profit After Tax of N10.59bn for the first quarter of 2026, according to company filings with the Nigerian Exchange Group. The forecast reflects strong contributions from major players, including AIICO Insurance Plc, Regency Alliance Insurance Plc, AXA Mansard Insurance Plc, and International Energy Insurance Plc. AIICO Insurance...
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Climate risks insurance coverage in Nigeria: Rex CEO explain

As climate change drives more frequent floods, heatwaves and new forms of loss across Nigeria, the insurance industry is being compelled to reassess how risk is identified, priced and insured. In this interview with OLUWAKEMI ABIMBOLA, the Managing Director and Chief Executive Officer of Rex Insurance, Mrs Ebelechukwu Nwachukwu, discusses how prepared the sector is...
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7 Ways to Protect Your Savings From Scammers in Nigeria

Banking in Nigeria offers convenience, but it also carries the risk of scams and fraud. Safeguard your account by keeping sensitive information private and using secure methods for all transactions. Enhance your security with transaction alerts, robust PINs, and advanced tools like two-factor authentication. Stay updated on emerging scams and share this knowledge with those...
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FirstBank Completes N500bn Capital Raise Amid CBN Reforms

Tinubu’s Deep Understanding of the Nigerian Economy Shows in Recent Growth – Otedola As someone who has spent over three decades investing, building businesses, and navigating Nigeria’s economic cycles, I rarely comment publicly on policy. But there are moments when leadership must be acknowledged. President Bola Ahmed Tinubu has shown remarkable courage and clarity in...
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Bank Recapitalisation to Drive Bullish Capital Market: CBN

The Central Bank of Nigeria has projected that the Nigerian capital market will remain bullish in 2026, driven largely by the ongoing bank recapitalisation exercise, rising investor confidence and supportive policy measures. This outlook is contained in the CBN’s “Macroeconomic Outlook for Nigeria, 2026: Consolidating Macroeconomic Stability Amid Global Uncertainty”, recently released by the apex...
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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...