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States fast-track urban transport reforms for World Bank fun

State transport commissioners across the country have moved to fast-track urban mobility reforms, directing ministries to submit bankable infrastructure projects as Nigeria positions itself to unlock World Bank financing under the National Urban Mobility Programme. The push followed a NUMP stakeholders’ forum held in Abuja over the weekend, where federal and state actors, development partners,...
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TotalEnergies Nigeria Posts N12.50bn Pre-Tax Loss for 2025

TotalEnergies Marketing Nigeria Plc reported a pre-tax loss of N12.50bn for the financial year ended 31 December 2025, reversing a pre-tax profit of N42.26bn recorded in 2024, following a sharp decline in revenue and weaker operating performance. According to the company’s audited financial statements released to the Nigerian Exchange, revenue fell 26 per cent to...
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Julius Berger revenue climbs to N760.61bn in 2025 report

Julius Berger Nigeria Plc recorded a strong revenue performance in the 2025 financial year, with turnover rising to N760.61bn, reflecting sustained activity across its construction and infrastructure projects. The construction giant’s revenue for the year ended 31 December 2025 increased from N566.71bn recorded in 2024, according to its consolidated unaudited financial statements for the fourth...
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Conoil Profit Drops 77% in 2025 Amid Rising Costs

Conoil Plc has reported a sharp 77.1 per cent decline in profit for the 2025 financial year, as rising finance costs and lower revenue weighed heavily on earnings, despite a strong performance in the fourth quarter. The downstream oil marketer’s profit for the period fell to N2.01bn in the year ended 31 December 2025, from...
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NAHCO Grows Net Profit by 40% to N18bn in 2025

Nigerian Aviation Handling Company Plc recorded a 40 per cent increase in net profit to N18bn for the year ended 31 December 2025, up from N12.865bn in 2024. The company’s total revenue rose 21.8 per cent to N65.21bn from N53.54bn in 2024, while gross profit increased to N38.61bn from N33.08bn. Administrative expenses remained largely unchanged...
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Onigbongbo LCDA Chairman Boosts Staff Welfare & Security

The Executive Chairman of Onigbongbo Local Council Development Area, Moyosore Adebanjo, has declared free meals for staff of the council. Adebanjo made this known during the commissioning of the newly renovated staff canteen at the council secretariat. He said in a statement on Tuesday that the commissioning marked another step towards improving the well-being and...
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Quickteller Travel earns IATA certification

Quickteller Travel, the travel and tourism service powered by Interswitch, has received certification from the International Air Transport Association, a milestone that places the brand among a global network of trusted and accredited travel service providers. A statement from the firm on Monday stated that the IATA accreditation reinforces Quickteller Travel’s operational credibility, compliance standards,...
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Peak Milk Celebrates Super Eagles’ AFCON Campaign

Peak Milk, Nigeria’s leading dairy brand and Official Milk of the Super Eagles, played a key role in energising football fans across the country during the recently concluded Africa Cup of Nations, as the national team secured a bronze-medal finish. To celebrate the Super Eagles’ impressive campaign, Peak Milk hosted a series of watch parties...
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ILO Urges Global Action on Inclusive Labour Markets

The International Labour Organisation has called for collective global action to foster inclusive labour markets, emphasising the importance of social justice, decent work, and equitable opportunities for all. Speaking at the second Global Labour Market Conference in Riyadh, ILO Director-General Gilbert F. Houngbo highlighted the progress made in global labour markets, citing historically low unemployment...
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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...