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Universal Insurance Rated Bbb- by Agusto & Co

25.12.2025
Universal Insurance Plc has earned a “Bbb-” long-term rating from credit rating firm Agusto & Co. The body disclosed this in a statement on Tuesday, indicating that the rating reflected the company’s operating history, improved profitability, low loss ratio, moderate liquidity position and effective deployment of digital initiatives. The rating agency noted that Universal Insurance’s...
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Experts urge AI adoption in Nigeria for key sectors

25.12.2025
Experts and advocates are calling on Nigeria to take urgent steps to prepare for the rapid adoption of artificial intelligence across key sectors. According to a statement made available to The PUNCH, AI Futures and Governance Reform Advocate Afolashade Jubrilla said AI is already reshaping industries such as fintech, healthcare, agriculture, energy, and infrastructure, and...
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IDL backs Warri’s emerging film hub

24.12.2025
Intercontinental Distillers Limited, a major player in Nigeria’s beverage industry and producer of Confam Bitters and Teezers, has reaffirmed its commitment to cultural development and creative expression with its sponsorship of the maiden edition of the Warri International Film Festival in Delta State. The inaugural festival, held in Warri, attracted filmmakers, creative professionals, policymakers, and...
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25 years of mechanised farming in Nigeria

24.12.2025
Origin Group, one of Nigeria’s biggest tractor operators, has marked 25 years of sustained involvement in Nigeria’s agricultural mechanisation space, outlining how its interventions have helped reduce farmers’ drudgery, improve productivity, expand access to modern equipment, and reshape the country’s food production landscape. The anniversary was commemorated on Saturday at a media engagement attended by...
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W’Bank Urges Digital Access for Vulnerable Communities

24.12.2025
The World Bank has highlighted the critical role digital technologies can play in protecting people and natural resources as environmental pressures intensify worldwide. The disclosure was made in a blog post published in 2025, following the release of the Bank’s report, Reboot Development: The Economics of a Livable Planet. According to the Bank, nine out...
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Peak Milk Launches Christmas Campaign for Togetherness

24.12.2025
Peak Milk, one of Nigeria’s leading dairy brands, has launched its 2025 Christmas Campaign, themed “Enjoy Christmas at Its Peak,” aimed at bringing warmth, joy, and togetherness to Nigerian families during the festive season. A statement from the firm on Tuesday stated that the campaign, designed to celebrate family bonds and meaningful moments, seeks to...
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Dangote Can’t Meet Nigeria’s Fuel Demands Alone, Say Experts

24.12.2025
Major oil marketers have insisted that the Dangote Petroleum Refinery, despite recent sharp price reductions and growing domestic output, cannot on its own meet Nigeria’s petrol supply requirements, warning that dependence on a single source is already creating issues across the downstream market. The Executive Secretary of the Major Energies Marketers Association of Nigeria, Mr...
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FG orders contractors to keep highways open for Yuletide

24.12.2025
The Federal Government has directed federal road contractors to halt the closure of project sites without authorisation, insisting that strategic highways and bridges must remain operational during the holiday season and afterwards. Minister of Works, David Umahi, who gave the order, also directed directors in the Federal Ministry of Works and Federal Controllers of Works...
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Ekiti First to Domesticate Nigeria Tax Administration Act

24.12.2025
Ekiti State has become the first in Nigeria to domesticate the Nigeria Tax Administration Act, marking an early test of how subnational governments may align with the country’s ongoing tax reforms. Governor Biodun Oyebanji signed the Ekiti State Revenue Administration Law, 2025, on Tuesday, giving the state a legal framework to implement the federal tax...
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Customs enhances trade with new scanning tech at Apapa Port

24.12.2025
The Nigeria Customs Service has intensified preparations for the operational take-off of its newly installed FS6000 scanning machine at APM Terminals, Apapa. According to a statement on Tuesday by the Public Relations Officer of the command, Isah Sulaiman, the preparations followed a working visit by the Deputy Comptroller-General of Customs in charge of Information and...
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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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