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Trump Seeks Ban on Dividends for Defense Firms

08.01.2026
United States President Donald Trump said on Wednesday that he would not permit defence companies to pay dividends or carry out share buybacks until they address persistent problems in the production and maintenance of military equipment, according to a Reuters report. In a post on Truth Social, Trump accused defence contractors of failing to deliver...
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YMR Awards N24m Business Grants to Young Entrepreneurs

08.01.2026
In a move signalling a broadened focus beyond spiritual formation, the Young Ministers Retreat has partnered with Premium Trust Bank to provide N24m in business grants to young entrepreneurs. In a statement, it was noted that the 2025 Young Ministers Retreat concluded at Redemption City with a landmark shift in its mission, awarding N24m (approx....
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M&P Exits Seplat Energy; Heirs Group Increases Stake

07.01.2026
Seplat Energy Plc has announced that founding shareholder Etablissements Maurel & Prom S.A. has completely exited its shareholding in the company. The sale involved 120,400,000 ordinary shares, acquired by Heirs Energies Limited (86,639,377 shares) and Heirs Holdings Limited (33,760,623 shares). Following the transaction, M&P no longer holds any stake in Seplat Energy, while the Heirs...
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AB InBev to Reacquire US Can Plant Stake for $3bn

07.01.2026
Anheuser-Busch InBev, the world’s largest brewer, has announced plans to buy back a 49.9 per cent stake in its U.S. metal container plants for approximately $3 bn, according to Reuters. The deal covers seven plants across six U.S. states, previously sold in 2020 to a group of investors led by Apollo Global Management. AB InBev...
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Why Hospitality Staff Communication Protocols Must Be Reasse

07.01.2026
The Lead Hospitality Consultant at Murphy’s Pro, Omoruan Murphy, has warned that declining workplace etiquette, particularly overly informal staff interactions with vendors and contractors, could damage professional relationships and weaken the industry’s reputation. According to the consultant, the Nigerian hospitality sector must reassess its staff training programmes to ensure that employees maintain professional communication standards...
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Airport police arrest fraudster over N1.25bn fraud

07.01.2026
Operatives of the Nigeria Police Force, Airport Police Command, have arrested a 20-year-old suspected internet fraudster for allegedly defrauding foreign victims, mostly in the United States, of about N1.25bn and several costly electronic gadgets. The suspect, Essien Akpama, was arrested on 5 January 2026 while attempting to board a flight out of Lagos State. Confirming...
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Ecobank Completes Early Repayment of $300m Eurobond

07.01.2026
Ecobank Nigeria Limited has fully repaid bondholders who validly tendered their notes ahead of the February 2026 maturity date. This was disclosed in a statement issued by the bank on Tuesday. The PUNCH reports that Ecobank Nigeria had prepaid approximately $245m of its $300m Eurobond, representing more than 80 per cent of the total issuance....
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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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