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Nigerian Equity Market Trades Hit a Record N11.92tn in 2025

23.01.2026
Nigeria’s equity market recorded a historic performance in 2025 as total transactions rose sharply to N11.92tn, driven by a resurgence in foreign portfolio participation and sustained dominance by domestic investors. According to the Domestic & Foreign Portfolio Participation in Equity Trading Summary of Transactions as of 31 December 2025, released by the Nigerian Exchange Limited...
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BOI appoints Olayinka Mubarak as new investment subsidiary M

23.01.2026
The Bank of Industry has announced the appointment of Olayinka Mubarak as the Managing Director of BOI Investment & Trust Company Limited, its wholly owned subsidiary. According to the bank in a statement on Thursday, Mubarak brings over 25 years of experience in banking and financial services, spanning development finance, treasury management, public sector, commercial...
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Nigeria’s Cashew Exports Generate Over $400m in Revenue

23.01.2026
Nigeria’s cashew industry has contributed over $400m in export earnings, supporting the country’s non-oil revenue, but industry leaders say the sector has the capacity to deliver greater value through increased production, processing, and domestic consumption. President of the Federation of Agricultural Commodity Associations of Nigeria, Sheriff Balogun, said this at the 4th Nigeria Cashew Day...
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Sweden and Chocolate City deepen creative ties

23.01.2026
The Ambassador of Sweden to Nigeria, Anna Westerholm, has reiterated Sweden’s interest in deepening creative, cultural and digital collaborations with Nigeria, following an official visit to the Chocolate City Group office. According to a statement, the ambassador’s visit was part of efforts to strengthen Nordic–African partnerships within the global creative economy, with a focus on...
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LIRS Warns Employers of Jan 31 Tax Filing Deadline

23.01.2026
The Lagos State Internal Revenue Service has warned employers of labour in the state to comply with statutory tax filing obligations as the 31 January deadline for annual returns approaches, stressing that late or non-compliance will attract stiff penalties as enshrined in the tax laws. The Director of Personal Income Tax, Lagos State Internal Revenue...
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Expert advises African startups on sustainable growth

23.01.2026
A technology executive and Senior Product Marketing Manager at Anchor Software Limited, Omolara Dada, says African startups need to realign their growth strategies to focus on sustainability, efficient use of capital, and a stronger grasp of customer needs. Dada made this observation during a masterclass at the Africa Startup Festival in Lagos, which attracted startup...
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Bukka Hut empowers small businesses with annual yard sale

23.01.2026
Bukka Hut has reiterated its commitment to supporting small business owners following its annual Bukka Hut Yard Sale 6.0, which was held in December 2025. In a statement, the brand noted that its 2025 edition, themed ‘One Home, Many Stories’, took place across several Bukka Hut outlets, including Yaba, Anthony, Ogudu and Ikorodu. Some activities...
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ICF Nigeria calls for professional coaching in public sector

23.01.2026
The Nigeria chapter of the International Coaching Federation has called on public institutions to leverage professional coaching to enhance the effectiveness of public office holders. The association’s president, Charles Okebuno, made the remark during ICF Nigeria’s leadership handover ceremony on Sunday, which marked the transition from the outgoing board to a newly elected executive council....
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Report forecasts positive outlook for Nigeria’s economy

23.01.2026
Africa’s biggest economy is targeting a period of reform-driven economic stability that could bolster growth and investor confidence, according to the 2026 Nigeria Macroeconomic Outlook by EnterpriseNGR in partnership with EY. The report, unveiled in Lagos on Thursday, forecasts real GDP growth of around 4.4 per cent this year, supported by an expansion in the...
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NGX Loses N557bn as Nigerian Stock Market Dips

23.01.2026
The Nigerian stock market closed lower on Thursday as profit-taking by investors dragged market capitalisation down by N557bn to N105.89tn. The All-Share Index fell by 870 points to 165,397, reflecting cautious trading amid mixed market performance. A total of 768.2 million shares were exchanged in 46,457 deals, corresponding to a market value of N21.18bn. Compared...
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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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