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Nigeria-Brazil Trade Ties Strengthened by Capital Markets

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

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

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

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

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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Afroganiks Targets $6.3tn Global African Wellness Market

Afroganiks Industries Limited, a Nigerian health and wellness company, has declared its readiness to make a significant impact in the global wellness market, valued at a staggering $6.3tn. With a bold multinational business model, the company aims to expand its footprint across Africa, create thousands of jobs, and champion a new era of African-led health...
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Nigeria Challenges $1.5bn War Risk Insurance Premiums

The Federal Government has commenced discussions with international insurers, including the International Chamber of Shipping and Lloyd’s of London, among others, to prove that Nigeria has secured its waters, in a bid to stop the huge loss of $1.5bn paid as war risk insurance premiums for Nigerian bond cargoes. The Minister of Marine and Blue...
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China Donates $1M to Nigeria Flood Relief Efforts

The Federal Government’s flood relief efforts were boosted on Wednesday as the Chinese government donated $1m to support victims in the northern states. The Minister of Budget and Economic Planning, Abubakar Bagudu, signed the exchange notes on the financial support with the Chinese Ambassador to Nigeria, Yu Dunhai, in Abuja. Bagudu, in a statement on...
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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...