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CAPPA urges tobacco-style warning labels on sugary drinks

06.07.2025
The Corporate Accountability and Public Participation Africa has called on the Federal Government to mandate sugar-sweetened beverage manufacturers to place front-of-pack warning labels on their products, declaring them high in sugar and potentially harmful to health. In an interview with The PUNCH, the Associate Director and Healthy Food Policy Manager at CAPPA, Abayomi Sarumi, criticised...
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Sterling Bank Wins Healthcare Award

06.07.2025
Sterling Bank Plc has emerged as the Outstanding Healthcare Financial Institution of the Year at the 2025 Nigerian Healthcare Excellence Awards, held recently in Lagos. According to a statement, the award ceremony spotlighted institutions and individuals making significant contributions to healthcare development in Nigeria. Organisers honoured Sterling Bank for its commitment to financing healthcare innovation...
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AON trustee slams $300 helicopter landing fee

05.07.2025
The imposition of a $300 landing fee on helicopters servicing the oil and gas sector has sparked controversy in the aviation industry. A member of the Board of Trustees of the Airline Operators of Nigeria and President of Topbrass Aviation, Roland Iyayi, has criticised the fee, describing it as “poorly conceived” and an excessive financial...
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Maistrade unveils $5bn fund for agric, others

05.07.2025
Maistrade Multipurpose Cooperative Society Limited has announced the launch of its new financial vehicle worth $5bn. In a statement on Thursday, the Cooperative Society said that the fund, named ‘AssuredInvest Cooperative Trust Fund, is designed to mobilise cooperative capital into national priority sectors such as agriculture, affordable housing, MSMEs, education, green energy, and digital inclusion....
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Nigeria’s OPS Calls for Review

05.07.2025
The Organised Private Sector of Nigeria has called on stakeholders to review the Financial Reporting Council (Amendment) Act 2023 to ensure it supports business growth and economic development, following the suspension of the act. The PUNCH reported on June 29 that President Bola Tinubu had ordered a temporary pause in the implementation of the controversial...
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N52.6b Generated in Six Months

05.07.2025
The Edo State Government on Thursday said it generated N52.6bn between January and June 2025 in Internally Generated Revenue. The Executive Chairman of the Edo Internal Revenue Service, Oladele Bankole-Balogun, who stated this at a press briefing in Benin, said the earning is a 46 per cent increase in what was generated within the same...
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AMCON sells Ibadan Disco stake in debt recovery drive

05.07.2025
The Asset Management Corporation of Nigeria has announced the sale of the Ibadan Electricity Distribution Company as part of renewed efforts to divest distressed assets and intensify debt recovery across the country. Managing Director and Chief Executive Officer of AMCON, Gbenga Alade, during a media conference held in Lagos on Thursday, said the sale of...
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United Capital to bridge wealth, knowledge gap

04.07.2025
United Capital Asset Management, a subsidiary of Pan-African investment banking and financial services group United Capital Plc, hosted the second edition of its flagship Investment Forum, aimed at boosting financial literacy and wealth building. According to a statement on Thursday, the asset management house said that the investment forum held under the theme ‘Advancing Financial...
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IMF backs reforms amid calls for budget overhaul

04.07.2025
The International Monetary Fund, in its latest Article IV Consultation on Nigeria, praised the Central Bank of Nigeria’s efforts to strengthen the banking sector and drive recapitalisation, but urged fiscal authorities to review the 2025 budget in light of falling oil prices, writes FELIX OLOYEDE The International Monetary Fund provided strong and candid feedback on...
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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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