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SEC Rejects TCN Meeting, Asserts Regulatory Oversight

29.07.2025
The Securities and Exchange Commission has dissociated itself from the purported Annual General Meeting of Tourist Company of Nigeria Plc held on July 25, 2025, declaring that the company remains under its regulatory oversight. In a public notice issued on Monday, the Commission stated that any resolutions passed at the meeting, including the removal of...
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Nigeria Travel Agents Protest Dollar-Only Airline Tickets

29.07.2025
Despite persistent protests by travel agents in Nigeria over the continued sale of airline tickets in United States dollars in-country, the Nigerian Civil Aviation Authority has remained silent, refusing to address or intervene in the controversial practice. Rather, the industry regulator is concerned with how to expunge Nigeria from the Financial Action Task Force’s grey...
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Nigeria Stock Market Crosses N85tn, Investors Eye Q2 Earning

29.07.2025
The Nigerian Exchange gained N22.14tn in market capitalisation in H1 2025, pushing its valuation to N85.46tn, driven by investor confidence and improving macroeconomic conditions, writes TEMITOPE AINA The Nigerian Exchange Limited continued its bullish trajectory in the first half of 2025, recording a N22.14tn gain in market capitalisation as investor confidence strengthened amid macroeconomic conditions...
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Nigerian Banks’ H2 2025 Outlook Hinges on Recapitalization

29.07.2025
The performance of Nigerian banks in the second half of the year is projected to largely depend on the progress they make in the recapitalisation process and their ability to maintain dividend payments. This was the position of analysts at investment house Comercio Partners in its H2 2025 Macroeconomic Outlook, titled ‘Reconfiguration: From Global Trade...
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Pay Baggage Delay Compensation Now

29.07.2025
The Nigerian Civil Aviation Authority has issued a strong warning to both local and international airlines operating in the country, insisting on full compliance with the First Need compensation policy for passengers affected by short-landed baggage or risk sanctions. Short-landed baggage refers to checked-in luggage that is mistakenly left behind at the departure airport and...
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NCGC Launches Initiative to Boost SME Lending in Nigeria

29.07.2025
The National Credit Guarantee Company has launched a stakeholders’ engagement forum to boost credit access for Micro, Small, and Medium Enterprises, local manufacturers, and credit consumers. The company’s Managing Director, Mr Bonaventure Okhaimo, said the initiative is aimed at de-risking lending and expanding access to finance for underserved sectors. According to Okhaimo, the NCGC has...
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African Maritime Development Needs Domestic Capital

29.07.2025
The Regional Maritime Development Bank has called for an urgent need for the mobilisation of domestic capital to support the development of Africa’s critical sectors. In a statement, the President and Chief Executive Officer of RMDB, Mr Adeniran Aderogba, stated this in Abuja at the African Natural Resources and Energy Investment Summit. According to the...
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Edun to NDIC Management: Deliver on Mandates

29.07.2025
The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has called on the new management of the Nigeria Deposit Insurance Corporation to bring their diverse experience to bear on the running of the corporation. According to a statement signed by the NDIC Head of the Communication & Public Affairs Department, Hawwau...
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Reps Probe 25 Insurance Firms: Sector on Edge

29.07.2025
The House of Representatives committee’s probe of over 25 insurance firms has unsettled the industry, with stakeholders not only questioning the legitimacy of the probe but also concerned about the impact on the reputation of the industry, which is already dealing with poor public perception. OLUWAKEMI ABIMBOLA writes Last Monday, the House of Representatives’ Subcommittee...
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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...

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04.10.2024
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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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