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Alert Group Loan Disbursements Surge 121% in H1 2025

Alert Group has reported a 121 per cent increase in loan disbursements, reaching over N23bn in the first half of 2025. The group, which operates through its subsidiaries Auto Bucks Lenders and Alert Microfinance Bank, disclosed the figures during its mid-year business review. The group’s total revenue also rose by 133 per cent between the...
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Insurance Firm Promotes Road Safety in La

Veritas Kapital Assurance Plc has partnered with the Car Love Show and K-Cool Automobile to host a car maintenance and safety clinic at its Lagos office. According to the insurance firm, the event held on Saturday was part of its Corporate Social Responsibility initiative. The interactive session, which gathered a community of car owners, including...
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IMF Raises Nigeria’s Growth Forecast: Lower Borrowing Costs

Following the International Monetary Fund’s upward revision of Nigeria’s 2025 GDP growth forecast to 3.40 per cent from 3.0 per cent, business sentiment across the country is showing renewed optimism. Analysts say the improved outlook, driven by stronger oil output, a robust services sector, and easing inflation, is boosting investor confidence and could translate to...
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Nigeria’s Labour Minister Pushes for Stronger Worker Protect

The Minister of Labour, Employment and Productivity, Muhammad Dingyadi, and the Managing Director of the Nigeria Social Insurance Trust Fund, Oluwaseun Faleye, have called for the adequate provision of a social security system for Nigerian employees under the Employee Compensation Scheme. The duo spoke on Monday in Lagos during the 2025 retreat for the National...
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Tinubu Allocates N1.3tn for South-East Road Revamp

President Bola Tinubu has allocated over N1.3tn to ongoing road and bridge infrastructure projects in the South-East, affirming the administration’s commitment to equitable national development, the Minister of Works, David Umahi, has declared. This was disclosed in a statement on Monday, signed by Umahi, titled, “President Tinubu Treating the South-East Region with Fairness and Equity...
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Nigeria, Benin Deepen Trade Ties: Boosting Regional Integrat

NIgeria and the Republic of Benin have taken a step toward strengthening economic ties by endorsing a Framework for Enhanced Economic Cooperation aimed at boosting bilateral trade and regional integration. The agreement, formalised during a high-level ministerial meeting, followed bilateral engagements at the West Africa Economic Summit 2025, held in Abuja on June 21. Nigeria’s...
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Tinubu Secures Funding for Key Road Projects in Nigeria

President Bola Tinubu has waded into the growing concerns over the possible suspension of funding for key road infrastructure projects being executed under the Nigerian National Petroleum Company Limited Tax Credit Scheme. In a decisive move to avert disruptions and allay stakeholder fears, the President has issued firm directives to ensure continuity of the scheme...
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I apologise for saying no heaven without tithe – Adeboye

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

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

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...