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CMUL Class of 2004 Renovates Lecture Room with N10m

07.01.2026
Alumni of the College of Medicine, University of Lagos, Class of 2004, have invested over N10m in renovating a lecture room at the institution as part of activities marking their 20th anniversary. The project was unveiled during a reunion themed “20 Years Strong: Our Journey So Far”, held at CMUL, Idi-Araba, Lagos. Speaking at the...
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Addme Engages Shoppers with Smart Cooking Mates in Lagos

07.01.2026
As the new year begins, Addme, an innovative brand offering smart cooking mates, is encouraging Nigerians to let go of stress and embrace a lighter, more joyful way of living. A statement from the firm on Tuesday stated that the brand delivered this message through a community-focused activation tagged “A Stress-Free Start with Addme,” held...
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CBN Warns of Bank Recapitalization Risks to the Market

07.01.2026
The Central Bank of Nigeria has cautioned that the ongoing banking sector recapitalisation could increase concentration risk in Nigeria’s capital market, potentially crowding out non-bank issuers, despite the current bullish momentum in equities. The warning is contained in the Macroeconomic Outlook for Nigeria, 2026: Consolidating Macroeconomic Stability Amid Global Uncertainty, where the apex bank highlighted...
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UBA closes rights issue, successfully raises N157.84bn

07.01.2026
United Bank for Africa has successfully closed its rights issue, raising N157.84bn after the exercise was fully subscribed, the bank announced on Wednesday. The rights issue offered 3,156,869,665 ordinary shares at N50 per share, on the basis of one new share for every thirteen existing shares held by shareholders on the register as of 16...
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Mouka Celebrates 71 New Year Babies Nationwide in 2026

07.01.2026
Mouka, the country’s leading manufacturer of mattresses, pillows and bedding products, marked the start of 2026 with its annual tradition of celebrating babies born on New Year’s Day across the nation. At midnight on 1 January, Mouka celebrated families welcoming newborns, highlighting its dedication to promoting healthy sleep and wellbeing from the very start of...
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NGX Gains N468bn as New Year Stock Rally Continues

07.01.2026
The Nigerian Exchange extended its positive momentum in the new trading year on Tuesday, as sustained buying interest across key stocks lifted total market capitalisation by about N468bn, reinforcing investor optimism and consolidating the market’s position above the N100tn milestone. At the close of trading, total equities market capitalisation rose to N102.28tn from N101.81tn recorded...
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ASHA MfB’s Customer Empowerment Program in South-West

07.01.2026
ASHA Microfinance Bank has concluded a three-day bursary and client empowerment programme across Lagos, Ogun, and Oyo States aimed at strengthening financial inclusion and sustainable community development. In a statement on Wednesday, the MfB said the initiative was part of its Corporate Social Responsibility. The initiative was designed to support education and empower small business...
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Nigeria’s Capital De-risking Plan for 2026 Economic Growth

07.01.2026
The Federal Government has announced a shift from direct economic intervention to a capital de-risking and private sector–led growth model as part of its 2026 Growth Acceleration and Investment Mobilisation Strategy. The new direction was disclosed in a statement by the Minister of State for Finance, Dr Doris Uzoka-Anite, who said the strategy is aimed...
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Flutterwave acquires Mono to expand open banking in Africa

07.01.2026
Africa’s largest fintech company, Flutterwave, has acquired Nigerian open banking start-up Mono in an all-stock deal, it said in a blog post on Monday. Flutterwave did not disclose the financial value of the transaction. The deal deepens the company’s long-term commitment to building a connected, interoperable financial system for Africa and positions open banking as...
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Nigeria’s new manufacturing tax incentives explained

07.01.2026
Nigeria’s long-anticipated tax reform may redefine how manufacturers operate, invest, and plan for growth, but its success will hinge on execution, professional services firm Kreston Pedabo has said. In an assessment of the Nigeria Tax Act 2025, Pedabo said the law signals a clear policy shift towards a more coordinated and incentive-driven fiscal environment, particularly...
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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
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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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