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Fidelity Bank Names Amaka Onwughalu New Board Chairman

05.01.2026
Fidelity Bank Plc has announced the completion of the tenure of its Board Chairman, Mr Mustafa Chike-Obi, and the appointment of a new chairman, Mrs Amaka Onwughalu. This was contained in a notice signed by Company Secretary, Ezinwa Unuigboje, and sent to the Nigerian Exchange Limited on Friday. According to the notice, Chike-Obi, a Non-Executive...
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Afrinvest rebrands Optimus to PlutusNeo for investors

05.01.2026
Investment management firm Afrinvest has announced the rebranding of its digital investment platform, Optimus by Afrinvest, to PlutusNeo by Afrinvest. In a statement on Friday, the rebranding was described as the next phase of the firm’s digital strategy, focused on expanding access to wealth creation. The digital platform, first launched in 2022, was created to...
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NAMA Assures Harmattan Flight Safety Across Nigeria’s Airspa

05.01.2026
The Nigerian Airspace Management Agency has reassured air travellers that Nigeria’s airspace and airport landing facilities remain safe and fully operational during the current haze associated with the harmattan season. In a Friday statement signed by the spokesperson of the agency, Dr Abdullahi Musa, the agency addressed public concerns over flight operations amid reduced visibility...
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N590bn Power Bond Nigeria Lifts Hopes for Gas Suppliers

05.01.2026
Savannah Energy has stated that the Federal Government’s recent N590bn bond issuance to settle part of the outstanding electricity market debts has revived hopes of improved payments to gas suppliers operating in Nigeria’s power sector. The British independent energy company made this known in its operational and financial update for the 11 months ended November...
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Lagos Hotel Rates Soar to N205,534 as Supply Lags

05.01.2026
Average hotel room rates in Lagos have climbed to a record N205,534, a sign of how quickly business and corporate travel is returning to Nigeria’s commercial capital, even as new hotel supply lags. Data from Estate Intel’s Lagos Real Estate Development Pipeline Report 2025/2026 shows demand rebounding faster than the city’s ability to add rooms....
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Nigeria’s Construction Output Rises on Investor Confidence

05.01.2026
The construction sector generated N13.83tn in nominal terms to Nigeria’s Gross Domestic Product in the first nine months of 2025, recording a real growth rate of 5.57 per cent, higher than the country’s aggregate GDP growth of 3.98 per cent. Stakeholders attributed the performance to recovery from economic reforms, higher subnational revenues, and rising investor...
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Foreign Equity Trades Drop as Domestic Investors Dominate NG

04.01.2026
Foreign investors stayed on the sidelines in November 2025, with equity trades on the Nigerian Exchange Limited remaining below N200bn for the second straight month. While foreign participation fell 13 per cent to N162bn, domestic investors dominated the market, driving total trades to N971bn and keeping the bourse vibrant. Institutional investors led the charge, outpacing...
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TECNO showcases AI tech to football fans at AFCON 2025

04.01.2026
TECNO has rolled out fan zones and AI-powered pop-up stores in Morocco as part of its activation for the Africa Cup of Nations 2025, using the tournament to bring its artificial intelligence technology closer to football fans across major urban centres. The smartphone brand said in a statement on Wednesday that the activations, located in...
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Knorr deepens consumer engagement in Nigerian markets

04.01.2026
Knorr, a leading seasoning brand, has spread yuletide cheer across 21 markets and 30 communities spanning 10 cities nationwide, as part of its annual Share the Good campaign. A statement from the firm on Wednesday stated that the initiative reaffirmed the brand’s commitment to flavouring lives while celebrating consumers across Nigeria who have trusted Knorr...
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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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