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Mutual Benefits Posts Record N11.59bn Half-Year Profit

14.08.2025
Mutual Benefits Assurance Plc has reported a profit after tax of N11.59bn for the half-year ended 30 June 2025, representing a 374 per cent increase from the N2.45bn recorded in the corresponding period of 2024. The company’s unaudited financial statements filed with the Nigerian Exchange on Wednesday showed that insurance revenue rose by 45 per...
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PENGASSAN Strike Halts OML-18 Oil Production

14.08.2025
Operations at Oil Mining Lease (OML-18) in Rivers State have ground to a halt following industrial action by the Petroleum and Natural Gas Senior Staff Association of Nigeria. The OML-18 facility, located along the Cawthorne Channel between Degema and Akuku Toru Local Government Areas, was shut down as the union took a stand against NNPC...
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Interswitch Launches Smarter Gaming Payments in Nigeria

14.08.2025
Interswitch, an integrated payments and digital commerce company, has transformed Nigeria’s gaming landscape with the introduction of a bespoke suite of payment and collection solutions. The new offerings were unveiled at an exclusive industry event themed “Beating the Odds: Innovation and Solutions for Smarter Betting Operations,” held in Lagos recently, according to a statement on...
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SEREC Opposes Customs License Fee Hike in Nigeria

14.08.2025
Maritime research group under the auspices of the Sea Empowerment and Research Centre is against exorbitant fee increments in the current port system, given the already challenging environment. In a position paper issued and signed by its Head of Research, Dr Eugene Nweke, SEREC explained that recapitalisation, consolidation, or merger/acquisition of customs licences as a...
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Graph Secures CBN License to Expand Cross-Border Payments

14.08.2025
Graph, an international money transfer operator, has been issued by the Central Bank of Nigeria, which enables the fintech firm to scale its secure cross-border payment solutions and deepen financial inclusion for African businesses. Founded with a mission to help African enterprises break trade barriers, Graph has spent the past three years building tools that...
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Access Bank Boosts AfriCaribbean Trade at ACTIF 2025 Forum

14.08.2025
Access Bank Plc has recommitted to fostering trade between the African continent and the Caribbean. In a statement on Tuesday, the bank said that its active participation at the AfriCaribbean Trade and Investment Forum 2025, held in Grenada, underscored that commitment. The forum brought together prominent leaders and stakeholders from across Africa and the Caribbean,...
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Trust Issues, Fees Hinder 25% of Unbanked Nigerians – World

14.08.2025
Twenty-five per cent of Nigerians without bank accounts have highlighted trust issues and high charges as barriers to their involvement in the formal financial system, according to the World Bank. This was indicated in the latest Global Findex Database 2025, published by the World Bank, which provides insights into financial inclusion, digital payments, savings, and...
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FirstBank Conference to Boost Agric, Non-Oil Export in Niger

14.08.2025
FirstBank has announced the 2025 edition of its FirstBank Agric and Export Conference, targeted at boosting the contributions of agriculture and non-oil exports to Nigeria’s economic development. According to a statement by the financial institution, the conference, themed ‘The Fundamentals of Building a Non-Oil Export-Driven Economy’, will build on the momentum of previous successful editions....
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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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