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UPDC REIT Proposes 33 Kobo Final Dividend for FY 2025

The UPDC Real Estate Investment Trust has proposed a final distribution of N0.33k per unit for the financial year ended 31 December 2025, in a  corporate action announcement released to the Nigerian Exchange on Wednesday, The announcement signals a consistent return for investors in the real estate sector, despite the broader economic climate. The payout...
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Nigeria launches Africa’s first Blue Economy TV channel

Blue Economy Television, a channel dedicated to advancing Nigeria’s maritime and blue economy sector, has officially launched in Lagos. According to a statement on Monday, the development heralds a new era of specialised broadcasting as the first of its kind in Africa, with a focus on marine resources, policy discussions, shipping, coastal tourism, and other...
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FCMB Leverages Culture to Deepen Markets & Support SMEs

First City Monument Bank is positioning culture as an economic engine, leveraging platforms such as the Ibadan Cultural Festival to support small businesses, deepen inclusion, and connect local enterprises to broader markets. As a lead partner in the festival organised by the Central Council of Ibadan Indigenes, the bank said in a statement on Wednesday...
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Dangote Refinery Exported 434m Litres of Petrol in March

The Dangote Petroleum Refinery exported about 434 million litres of Premium Motor Spirit (petrol) in March 2026, as the facility diversified its customer base after significantly outpacing domestic consumption, findings from the Nigerian Midstream and Downstream Petroleum Regulatory Authority have shown. Data obtained from the NMDPRA’s March 2026 fact sheet on the state of the...
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Shareholders Urge Guinness to Sustain Interim Dividends

Minority shareholders of Guinness Nigeria Plc have urged the board of the firm to sustain the payment of interim dividends. This was part of the fallout of the brewer’s 75th Annual General Meeting, which was held in Lagos on Wednesday. Speaking on behalf of the company’s shareholders, Sir Sunny Nwosu, lauded the management and board...
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C&I Leasing Postpones Q1 2026 Financial Filings to June

C&I Leasing Plc has announced a delay in the release of its unaudited financial statements for the first quarter of 2026, citing a bottleneck in regulatory approvals. In a statement released to the Nigerian Exchange and the investing public on Wednesday, the company noted that the results, originally expected following the period ended 30 April...
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Dangote & Trump Named on 2026 TIME 100 Influential List

Global business and political influence took centre stage as Nigerian industrialist Aliko Dangote and United States President Donald Trump have been named among TIME’s 100 Most Influential People for 2026, underscoring their continued impact on global markets, policy, and leadership discourse. The list, released on April 15, recognises individuals shaping global discourse across business, politics,...
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Again, United Nigeria Airlines suffers bird strike

Another aircraft belonging to United Nigeria Airlines flying from Port Harcourt to Abuja has been grounded after suffering a bird strike while landing at its destination. The incident was disclosed in a statement issued on Wednesday by the airline’s spokesperson, Chibuile Uloka. Earlier on the same day, the airline had announced a separate bird strike...
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Nigeria has no immediate need for IMF support, says minister

The Minister of Finance, Wale Edun, says Nigeria has no immediate plans to approach the International Monetary Fund for financial assistance. Edun made this known at the African Finance Ministers’ briefing during the IMF and World Bank Annual Meetings on Thursday in Washington, United States. He said reliance on ongoing domestic economic reforms was yielding...
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Lagos Food Bank launches new campaign to tackle hunger

Lagos Food Bank, a non-governmental organisation dedicated to fighting hunger and food insecurity across Lagos State, has launched a new awareness and fundraising campaign calling on Lagosians to act against the growing hunger crisis in the state. Developed in collaboration with X3M Ideas, the campaign is being deployed across digital and out-of-home platforms, featuring two...
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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...