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ICMR urges innovation for capital market registrars

Calls for innovation, efficiency, and technology-driven transformation dominated discussions at the 14th Annual Conference and Presidential Investiture of the Institute of Capital Market Registrars, where Mrs. Catherine Nwosu was inaugurated as the President and Chairman of the Council of the Institute. Nwosu took her oath of office on Saturday, making her the fourth president of...
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PANA Holdings announces key executive appointments

PANA Holdings has made a series of appointments to strengthen its leadership team. In a statement made available to The PUNCH on Sunday, the Chairman of PANA Holdings, Dr. Daere Akobo, revealed that the company had approved the appointments of Daisy Maduagwu as Executive Director, Global Business Services; Adetoke George-Toyon as Group Chief Operating Officer;...
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Seven Nigerian banks pay N674.68bn in H1 2025 taxes

Seven Nigerian banks collectively paid N674.68bn in taxes to the government in the first half of 2025, representing a 14.69 per cent increase from N588.25bn recorded in the same period of 2024. An analysis of the financial statements of seven leading financial institutions by The PUNCH, Ecobank, Guaranty Trust Holding Company, Access Holdings, Zenith Bank,...
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Warri-Itakpe train derails 4 days after service resumption

The management of the Nigeria Railway Corporation has announced the derailment of the Warri-Itakpe train, which immediately halted rail services along the corridor. This occurred exactly four days after service resumed on the same route. This was made known in a statement by the NRC on Sunday. Before the unfortunate Kaduna-Abuja accident on August 26,...
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FirstBank nears 50,000-tree goal with tree planting drive

The FirstBank Group has planted more trees at the Lekki Conservation Centre in Lagos in a final push to meet its goal of planting 50,000 trees by 2025. The tree-planting ceremony was held during the bank’s 2025 Corporate Responsibility and Sustainability Week. During the 2025 Corporate Responsibility and Sustainability Week, held from 27 October to...
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Irukera elected Kapital Assurance chairman at 48th AGM

The shareholders of Veritas Kapital Assurance Plc have elected the former Executive Vice-Chairman of the Federal Competition and Consumer Protection Commission, Mr Babatunde Irukera, as the Chairman of the Board of Directors of the company. Irukera’s election followed a unanimous decision by the shareholders at the company’s 48th Annual General Meeting held in Abuja on...
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Pioneer PenCom DG to lead retiree healthcare reform board

The National Pension Commission has inaugurated the Board of Trustees for PenCare, the Pension Industry Health Care Initiative, with the pioneer Director-General of the Commission, Muhammed Ahmad, named as chairman. According to PenCom, PenCare is a healthcare programme created to ensure retirees under the Contributory Pension Scheme have access to quality healthcare. The inauguration was...
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Dangote Sugar revenue grows to N626bn in Q3 2025 report

Dangote Sugar Refinery Plc has reported revenue of N626.24bn for the nine months ended September 30, 2025, representing a 29 per cent increase from N484.43bn recorded in the corresponding period of 2024. The company’s unaudited financial statement, filed with the Nigerian Exchange Limited and made available to our correspondent on Sunday, showed that despite the...
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FG pledges consultation on new Nigerian tax reforms by 2026

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has assured that the Federal Government will maintain open consultation with business leaders and stakeholders ahead of the implementation of the new Tax Acts in 2026. Speaking at the first edition of the Government-Private Sector Dialogue Series: South East Finance and SMEs Growth...
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I apologise for saying no heaven without tithe – Adeboye

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

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

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...