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Neimeth H1 2025 Profit Rises 11% to N220m

07.08.2025
Neimeth International Pharmaceuticals Plc has recorded an 11 per cent increase in profit for the half-year ended June 30, 2025. The company’s unaudited financial results filed with the Nigerian Exchange Limited recently showed a profit after tax of N219.6m for the period, up from N198.2m reported in the same period of 2024. Revenue grew 76...
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Aviation Financing Summit to Explore Risks and Opportunities

07.08.2025
The 29th Annual Conference of the League of Airport and Aviation Correspondents is set to take place this Thursday in Lagos. This event promises to bring together key stakeholders to discuss the theme: ‘Aviation Financing in Nigeria: The Risks, Opportunities, and Prospects’. In a statement released by the Chairman of the LAAC Conference Committee, Wole...
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Parthian Partners Redeems N10 Billion Bond

07.08.2025
Parthian Partners Limited has successfully and fully redeemed its N10bn three-year fixed-rate senior unsecured short-term bond. With this milestone, the firm has completed its debt issuance programme launched in August 2022 under the FMDQ Securities Exchange’s short-term bond framework. The bond, issued at a coupon rate of 13.50 per cent and fully subscribed by a...
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Auctioneers Launch Task Force to Combat Sharp Practices

07.08.2025
The Nigerian Auctioneers Group has inaugurated a National Task Force Committee as part of efforts to sanitise the auction industry and eliminate unauthorised practices nationwide. The group, comprising core professionals in the industry, announced in a statement that it has named David Omeike as the National Chairman of the committee. The National Caretaker and Electoral...
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Nigerian Bank Recapitalization Gains Momentum: 8 Lenders Mee

07.08.2025
As the ongoing recapitalisation of the banking sector reaches a crucial stage, eight lenders have met their targets ahead of the March 2026 deadline. This exercise has reinforced the stability of the banking sector, writes FELIX OLOYEDE When the Central of Nigeria on March 28, 2024, announced a two-year bank recapitalisation exercise which commenced on...
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Nigeria’s Banking Sector Booms with $3.1bn Capital Inflow

07.08.2025
Capital importation into Nigeria’s banking sector surged to over $3.1bn in the first quarter of 2025, according to data released by the National Bureau of Statistics on Tuesday. NBS data also showed that the manufacturing sector lost $62m in capital importation in the first quarter. The bureau, however, stated that capital importation into Nigeria rose...
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G20 Sets Ambitious Labor Goals for Youth, Gender Equality

07.08.2025
Labour ministers from the G20 countries have adopted new global targets aimed at reducing youth unemployment and narrowing the gender pay gap, signalling a renewed international commitment to addressing labour market inequalities. The agreement was reached at the G20 Labour and Employment Ministers’ Meeting, held in George, South Africa, under the theme Solidarity, Equality and...
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Healing Financial Trauma: 10 Steps to Recovery

06.08.2025
The steady rise in inflation, food prices, and currency devaluation in Nigeria is not only affecting people’s wallets; it’s wounding their sense of safety, identity, and mental wellbeing. But beyond the spreadsheets and headlines, a more subtle crisis is unfolding: financial trauma, JOSEPHINE OGUNDEJI writes Francis David always felt like his money had legs. Every...
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Yango Opens Regional HQ in Abidjan, Ivory Coast

06.08.2025
Yango Group, a UAE-based tech company, has opened a new regional office in Abidjan, Ivory Coast, to scale its operations and investments across Africa. The office will serve as Yango’s continental headquarters and coordinate growth in key African markets where the company currently offers digital services, including ride-hailing, food delivery, navigation, e-commerce, and digital payments...
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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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