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Stanbic IBTC Highlights Innovation at ART X Lagos

30.11.2025
Stanbic IBTC Pension Managers, a subsidiary of Stanbic IBTC Holdings, has sponsored The Library, an installation dedicated to knowledge, continuity and cultural insight at the 10th ART X Lagos. The 2025 fair embraced the theme: “Imagining Otherwise, No Matter the Tide”, inviting audiences to reflect on how imagination can foster healthier, more connected urban futures....
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Guinea Insurance to raise N15bn in additional capital

30.11.2025
The Board of Directors of Guinea Insurance is seeking shareholders’ approval to raise up to N15bn in additional capital for the company. This was disclosed in the notice of the Extraordinary General Meeting filed with the Nigerian Exchange Limited on Wednesday. The PUNCH reports that the capital-raising efforts come on the heels of the passage...
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SEC Mandates Instrument Registration Under New ISA 2025 Law

30.11.2025
The Securities and Exchange Commission has directed all Capital Market Operators to declare their compliance status and ensure that every tradable instrument under their management is fully registered in line with the Investments and Securities Act 2025 by January 2026. The Director-General of SEC, Emomotimi Agama, issued the directive on Wednesday at the Commission’s Journalists’...
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27 Banks Raise Capital in Recapitalisation Drive

30.11.2025
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has said that since the commencement of the latest recapitalisation exercise, 27 banks have gone to the market to raise additional funds. Cardoso disclosed this at the 60th Bankers’ Dinner organised by the Chartered Institute of Bankers of Nigeria on Friday. PUNCH Online reports that...
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Nigeria Elected to IMO Council After 14-Year Absence

30.11.2025
Nigeria on Friday secured a landmark diplomatic victory as it was elected into Category C of the International Maritime Organisation Council for the 2026–2027 biennium, marking the country’s return to the global maritime decision-making table after a 14-year break. The election, conducted during the IMO General Assembly in London, is regarded as a significant boost...
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Nigeria’s T+2 settlement cycle to boost $1tn economy

30.11.2025
Nigeria’s transition to a T+2 settlement cycle, which took effect on Friday, is being presented as a major catalyst in the country’s ambition to build a $1tn economy by 2030. The development was announced at a press conference held by the Central Securities Clearing System at the NGX Group headquarters in Lagos. The Federal Government...
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Lagos seeks investment for community-owned mini-grids

22.11.2025
The Lagos State Government and the Lagos Chamber of Commerce and Industry have called for increased investment in Nigeria’s power sector to support decentralisation, improve competition and strengthen energy security for homes and businesses. Power sector stakeholders, on Wednesday, at the LCCI Power Sector Conference held in Lagos, warned that decentralisation would not deliver results...
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VFD Group Completes N12.8bn Commercial Paper Redemption

22.11.2025
Investment firm VFD Group has announced the successful redemption of its N12.83bn Series 5 Commercial Paper issued under its N20bn CP Programme. According to a statement from the firm on Tuesday, the redemption was executed on its maturity date of 14 November 2025. The PUNCH reports that VFD Group Plc recently launched an N50.67bn rights...
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Nigerian Manufacturers’ Alternative Energy Costs Hit N676bn

22.11.2025
The Manufacturers Association of Nigeria has warned that manufacturers spent N676.6bn on alternative energy in the first half of 2025 and still could not meet their power needs due to the country’s unreliable and unaffordable electricity supply. The MAN Manufacturing State of Affairs October 2025 report, presented by the Director of the Research and Economic...
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Afretrade platform to empower 100m African businesses

22.11.2025
A digital firm, Afretrade, has unveiled a multi-service online platform it says will connect employers with verified talent, boost trade and provide training for Africans seeking global opportunities. The company’s management stated that the platform aims to empower 100 million new businesses over the next five years by providing a trusted system for skills, services...
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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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