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Edun Assures Investors of Nigerian Economy’s Stability

30.12.2025
The Minister of Finance and Coordinating Minister for the Economy, Wale Edun, has assured investors that the country’s recent joint security operation with the United States in Sokoto will not destabilise markets, but rather reinforce economic confidence. Speaking in a statement on Sunday, Edun emphasised that the operation, conducted on Christmas Day, was intelligence-led and...
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NGX Gains N542bn as Ecobank Leads Post-Holiday Rally

30.12.2025
The Nigerian Exchange recorded a positive start to trading on Monday, gaining N542bn in market value as investors returned from the holiday break. The market capitalisation of the exchange now stands at N98.4tn, reflecting renewed investor confidence ahead of the year-end. A total of 1,468,187,076 shares were traded in 47,873 deals, corresponding to a turnover...
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Dangote Cement Triples Scholarship Fund for Host Communities

30.12.2025
Dangote Cement Plc has tripled its scholarship fund for host communities in Gboko, Benue State, as part of its commitment to education and community development. The Head of Social Performance of Dangote Cement, Gboko Plant, Dr Johnson Kor, said the company broadened the intervention to accommodate a larger number of beneficiaries. Speaking at the presentation...
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MA’AM Energy Takes Over Geregu Power Control from Otedola

30.12.2025
MA’AM Energy Limited has taken control of 77 per cent of Geregu Power Plc following a restructuring of the ownership of its majority shareholder, bringing to an end the indirect control previously held by billionaire businessman Femi Otedola. However, Nairametrics reports that the transaction amounted to $750m, stating that billionaire investor Otedola has exited Geregu...
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Naira & Nigerian Financial Markets Shrug Off US Bombings

30.12.2025
The naira strengthened at the official Nigerian Foreign Exchange Market on Monday to close at 1,442.51/$, data from the Central Bank of Nigeria has indicated. This marks the fourth consecutive day of appreciation of the local currency from 19 December, when it dropped to 1,464.49/$, indicating improved dollar liquidity, supply conditions, or a moderation in...
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7,000 Forest Guards to Restore Farming Confidence

30.12.2025
The All Farmers Association of Nigeria has stated that the Federal Government’s graduation and deployment of over 7,000 forest guards will encourage farmers to return to farming during the dry and rainy seasons. In a statement welcoming the government’s decision, AFAN noted that the intervention would also strengthen Nigeria’s internal security architecture by denying terrorists,...
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US Households to Benefit from Permanent Tax Cuts in 2026

30.12.2025
The United States has passed a law that will boost household incomes in early 2026 through permanent tax cuts, expanded deductions, and new targeted incentives, Reuters reports. According to Reuters, the law makes permanent the lower individual and business income tax rates introduced under former President Donald Trump’s 2017 Tax Cuts and Jobs Act, which...
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FCMB Private Debt Fund gets approval for N20bn Series II

30.12.2025
FCMB Asset Management Limited has received regulatory approval for the FCMB-TLG Private Debt Fund Series II issuance of up to N20bn. In a statement on Monday, it was indicated that the approval marked a significant milestone in the Fund’s growth strategy. Upon the receipt of regulatory approval, a formal signing ceremony was held in Lagos...
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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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