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Don Julio Launches Luxury Tequila in Nigeria

08.08.2025
Premium tequila brand Don Julio has launched its Reposado and Blanco products in the Nigerian market, targeting high-net-worth individuals and luxury lifestyle enthusiasts with a grand unveiling in Lagos. The launch event marked the world’s leading premium tequila’s strategic expansion into Nigeria, aiming to reposition tequila from a casual drink to a sophisticated spirit that...
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Foreign Investors Sell Off $576bn in Nigerian Stocks

08.08.2025
Foreign investors sold off equities worth N576.09bn on the Nigerian Exchange between January and June 2025, representing an 84.97 per cent increase from the N311.41bn withdrawn in the same period of 2024. The outflows exceeded foreign inflows, which stood at N559.25bn, resulting in a net negative foreign portfolio position of N16.84bn over the six months....
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Nigeria Pushes for Modern Manufacturing Equipment Boost

08.08.2025
The Federal Government has said that Nigeria must transition from importing used industrial scrap to deploying world-class, resilient manufacturing solutions as part of efforts to reposition the sector for global competitiveness. The Minister of State for Industry, Sen. John Enoh, stated this on Wednesday during the 2025 edition of the Nigeria Manufacturing and Equipment/Nigerian Raw...
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Abbey Mortgage Bank Appoints John Okonkwo as Executive Direc

08.08.2025
Abbey Mortgage Bank Plc, a leading institution in the mortgage sector, has strengthened its executive management team with the appointment of Mr John Okonkwo as Executive Director, Finance, Risk, and Operations. It said in a statement on Wednesday, the firm stated that this appointment has been formally approved by the Central Bank of Nigeria following...
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Royal Castle Powers Up with 14MW Gas Power Plant in Nigeria

08.08.2025
Amid persistent power supply challenges in Nigeria’s industrial sector, Royal Castle Ceramic Company Limited has taken a step toward energy independence by installing a 14.8-megawatt gas-fired power plant in partnership with Clarke Energy. Led by its Managing Director and Chief Executive Officer, Qian Jin, the ceramic manufacturer, long burdened by unreliable grid electricity and rising...
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SAHCO Q2 Profit Soars 131% to N3.63bn

08.08.2025
Skyway Aviation Handling Company Plc has posted a 131 per cent increase in its profit after tax for the second quarter ended June 30, 2025. The company’s unaudited financial results showed that profit after tax rose to N3.63bn in the period under review, up from N1.57bn reported in the corresponding period of 2024. SAHCO’s revenue also surged 69...
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Cadbury Nigeria Posts N10.2bn H1 2025 Profit

07.08.2025
Cadbury Nigeria Plc has posted a profit of N10.2bn for the half year ended June 30, 2025, reversing a loss of N9.7bn recorded in the same period of 2024. This represents a remarkable turnaround with a 205 per cent increase in profit. In its unaudited financial statement filed on the Nigerian Exchange Limited recently, the...
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Falcon Corporation Appoints New CEO

07.08.2025
Falcon Corporation Limited, a firm in Nigeria’s gas and energy sector, has announced the appointment of Mrs Audrey Joe-Ezigbo as its new Chief Executive Officer, effective January 1, 2026. A statement by the company said the decision comes as the company’s founding Managing Director, Professor Joseph Ezigbo, prepares to retire after 31 years in office....
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Tinubu Approves ₦1.5tn Recapitalization for Bank of Agricult

07.08.2025
President Bola Tinubu has approved the recapitalisation of the Bank of Agriculture with N1.5tn, in what has been described as the most significant boost to agricultural financing in Nigeria’s history. A statement issued by the agric ministry on Wednesday stated, “President Bola Tinubu has approved the recapitalisation of the Bank of Agriculture with N1.5tn, approximately...
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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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