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FirstHoldCo’s H1 2025 Earnings Surge 18% to N1.7tn

In a financial environment marked by continued volatility, regulatory recalibration, and fast-changing customer expectations, First Holdco Plc has reaffirmed its position as the leading financial institution in Nigeria by delivering a robust half-year performance, underscored by significant growth in its core business operations. The results reaffirm the Group’s strong fundamentals, resilient business model, and disciplined...
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Nigerian Pension Funds Soar to N24.6tn in H1 2025

Nigeria’s pension funds grew by N2.12tn, or 9.41 per cent in the first six months of 2025 to N24.63tn, the latest data from the National Pension Commission has revealed. Compared to the same period of 2024, this is a lower percentage growth, as pension funds rose 11.59 per cent or N2.13tn, in the corresponding period...
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Nigerian Startups Win $280,000 in NSIA Innovation Prize

The Nigeria Sovereign Investment Authority, in collaboration with international and private partners, has awarded a total of $280,000 in cash and equity to the most promising Nigerian startups at the grand finale of its third edition of the NSIA Prize for Innovation. The Demo Day 3.0 event, held in Abuja on Saturday, marked a significant...
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Heirs Insurance Launches Creator Fellowship to Boost Insuran

Heirs Insurance has launched a Creators Fellowship to transform public perception of insurance and boost financial literacy across Nigeria. The Heirs Insurance Creators Fellowship is a pioneering social impact initiative focused on simplifying insurance education through digital storytelling. In a statement, the insurance firm revealed that the inaugural cohort of the Fellowship includes Joseph Onaolapo,...
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Eterna Plc Reports N1.6bn H1 2025 Profit

Eterna Plc, a Nigerian integrated energy company, has maintained profitability as it  reports N1.6bn pre-tax profit in the first half of 2025 The company’s unaudited financial results show revenue rose to N157.7bn, representing a seven per cent increase from N147.5bn in the corresponding period of 2024. This improvement was driven primarily by enhanced operational execution...
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Interswitch Unveils Tech Solutions for African Hospitality I

Interswitch, a leading African technology company, has reaffirmed its commitment to transforming the continent’s hospitality sector through technology during its participation as an exhibitor at the Hotel Managers Conference Africa 2025, held recently in Lagos. The two-day conference brought together stakeholders across the hospitality industry to explore new pathways for sustainable growth through technology, strategic...
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AfDB Launches 8 Agro-Industrial Hubs in Nigeria

Senior Special Adviser to the African Development Bank President, Prof Banji Oyelaran-Oyeyinka, has said that eight Special Agro-Industrial Processing Zones have been completed by the AfDB and its partners in Nigeria under Phase I, while 28 more are in the pipeline across the country. Speaking on Saturday at the groundbreaking of the Special Agro-Industrial Processing...
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Baro Port Project: FG Denies Contract Award

The Federal Ministry of Marine and Blue Economy has denied reports alleging that Minister Adegboyega Oyetola awarded a multibillion-naira contract for the Baro Inland Port project, insisting the claims are entirely false and misleading. In a statement issued on Sunday, the minister’s Special Adviser on Media and Communications, Dr Bolaji Akinola, emphasised that no such...
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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...