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United Capital’s Profit Soars to N11.89bn in H1 2025

12.08.2025
United Capital Plc has reported a half-year profit after tax of N11.89bn for H1 2025, marking a 522 per cent increase from H1 2020, reinforcing a five-year growth streak. Its H1’2025 revenue has also grown significantly, rising to N23.76bn from N4.45bn in H1’2020. According to a statement following its investor call, the Pan-African investment bank...
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Lagos Cracks Down on E-hailing Firms Over Safety Concerns

12.08.2025
The Lagos State Government has issued a stern warning to e-hailing companies and operators, citing increasing safety concerns and regulatory breaches. The government has mandated immediate vehicle inspections and full compliance with state transportation laws. According to a statement by Bolanle Ogunlola, Deputy Director of Public Affairs at the Ministry of Transportation, the Commissioner for...
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NIPCO Celebrates Long-Serving Employees at Awards Ceremony

12.08.2025
The Managing Director of NIPCO Plc, Suresh Kumar, has reiterated the company’s commitment to recognising and rewarding its employees, affirming that they remain their most valuable asset. Speaking at the company’s 2024 & 2025 Long Service Awards ceremony held recently in Lagos, Suresh commended the dedication and service of the award recipients, some of whom...
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Livestock Reforms to Boost Nigeria’s GDP by 5%

12.08.2025
The Abuja Chamber of Commerce and Industry has noted that the Federal Government’s reforms are transforming the livestock sector, with the potential to raise its contribution to the country’s Gross Domestic Product to 5 per cent by 2030. The ACCI Director-General, Agabaidu Jideani, noted in a statement that the livestock sector could increase incomes by...
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Housing Scheme Impacts Lives, Economy

12.08.2025
Minister of Housing and Urban Development Ahmed Dangiwa has unveiled progress recorded under the Federal Government’s Renewed Hope Housing Programme across Northern Nigeria, stating that the housing initiative is reshaping lives, communities, and local economies. In a statement, the Minister highlighted the programme’s transformative impact under President Tinubu’s administration. “We are not just building houses;...
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State Foreign Debt Payments Spike 68% in H1 2025

12.08.2025
States collectively spent about N235.58bn on servicing external debt obligations in the first half of 2025, The PUNCH reports. This is according to an analysis of the data from the Federal Account Allocation Committee disbursement released by the National Bureau of Statistics. The amount represents a sharp increase of N95.65bn or 68.4 per cent when...
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New Lagos Terrace Homes Unveiled in Lekki Phase 1

12.08.2025
Comfort Architectural Finishing Limited, in partnership with Elegushi Property Investment Company, has unveiled Heritage Court 2, a premium residential estate featuring 32 four-bedroom terrace homes in Lekki Phase 1, Lagos. Located at Plot 13–20, Felicia Alarape Elegushi Street, off Kushenla Road, the project is targeted at urban professionals and families seeking modern, functional, and spacious...
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Dangote Refinery Imports US Oil as India Buys Nigerian Crude

11.08.2025
Refineries in India are buying Nigerian crude while the country’s Dangote Petroleum Refinery is largely running on American oil, The PUNCH reports. In a twist that underscores the complexities of global oil trade, India’s state refiners are snapping up Nigerian crude oil while Africa’s largest refinery, located in Nigeria, is increasingly importing crude from the...
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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
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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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