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Nigerian Navy Arrests 333 Vessels in 6 Years

28.08.2025
The Nigerian Navy acquired 21 new vessels within the last 10 years and arrested 333 vessels between 2015 and 2021 for various infractions, including involvement in piracy, crude oil theft, illegal bunkering, illegal fishing, and infringement on others. The Flag Officer Commanding Western Naval Command, Rear Admiral Gregory Oamen, disclosed this on Wednesday in Lagos...
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Nigeria’s June Petrol Spending Hits N1.3tn

28.08.2025
Amid rising energy costs, Nigerians spent about N1.3tn on buying Premium Motor Spirit (petrol) to power their vehicles and electricity generators in June, as consumption across the country reached 1.44 billion litres, according to the latest data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority. Nigerians consume more petrol than any other fuel, and...
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Cornerstone, RT Briscoe Lead Los

28.08.2025
At the end of the day’s trading session on the Nigerian Stock Exchange, the market lost N324bn as the benchmark All-Share Index shed 512.60 points, representing a 0.36 per cent decline to close at 141,248.76. This brought the year-to-date gain to 37.23 per cent despite the reversal in the day’s trading. A total of 682,854,714...
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Nigeria-Brazil Trade Ties Strengthened by Capital Markets

28.08.2025
The Group Managing Director/Chief Executive Officer of Nigerian Exchange Group, Temi Popoola, has said that capital markets will play a central role in driving trade and investment growth between Nigeria and Brazil. Popoola stated this during a business session held on the sidelines of President Bola Ahmed Tinubu’s state visit to Brazil, where both countries...
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Access Holdings Director Resigns, Citing CBN Guidelines

28.08.2025
Access Holdings Plc has announced the resignation of one of its non-executive directors, Roosevelt Ogbonna, from its board after three and a half years of service. In a notice to the Nigerian Exchange Limited on Wednesday, the company explained that Ogbonna, who continues to serve as the Managing Director/Chief Executive Officer of Access Bank Plc,...
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Nestlé Empowers 250 Food Vendors in Bauchi With New Skills

28.08.2025
Nestlé Professional, the out-of-home business arm of Nestlé Nigeria, has extended its flagship Business of Food workshop series to Bauchi State, empowering over 250 food vendors, canteen operators, grillers, and caterers with vital culinary and business skills. In a statement made available to our correspondent on Tuesday, in its 11th edition, the workshop is designed...
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Coronation Unveils Nigeria’s Largest Infrastructure Fund

28.08.2025
Coronation Asset Management has officially listed the Coronation Infrastructure Fund, Nigeria’s largest Series I infrastructure fund, on the Main Board of the Nigerian Exchange, deepening access to infrastructure as an investable asset class. The N8.79 bn listing comprises 87.9 million units priced at N100 per unit, positioning CIF as a category-defining product in Nigeria’s capital...
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Minister Calls for Urgent Ac

28.08.2025
The Minister of Water Resources and Sanitation, Prof. Joseph Utsev, has said Nigeria’s journey towards sustainable development will remain incomplete unless access to safe water is guaranteed for every citizen. He said this in Abuja at the launch of the Nestlé Water Quality Advocacy Campaign on Wednesday. The minister was represented by the ministry’s Director...
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I apologise for saying no heaven without tithe – Adeboye

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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...

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Man who asked Tinubu to resign admitted in psychiatric hospital

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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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