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Access Bank Leads in Green Finance, Climate Risk Strategy

03.07.2025
Access Bank has highlighted its leadership in sustainable finance at the official launch of the Climate Governance Initiative Nigeria Chapter, held at Lagos Business School. According to a statement, the bank said that it was represented by Executive Director of Risk Management, Dr Greg Jobome, who was spotlighted for its pioneering efforts in embedding climate...
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SAA Connects Nigeria to Paradise

03.07.2025
South African Airways has launched efforts to promote Mauritius as a holiday destination for Nigerian travellers, particularly fun-seeking tourists. The airline disclosed this in a statement on Tuesday, following a meeting with top travel industry CEOs, where the serenity and other attractions of the island were discussed. According to the statement, the event, held as...
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Firm Urges Support for Sector Growt

03.07.2025
Executive Officer and founder of Auxano Aviation, Ehimenmen Odia, has emphasised the vast economic potential of the aviation sector if backed by proper infrastructure and a supportive environment. Odia made this known to journalists over the weekend during the inauguration of Auxano Aviation’s Benin-City office, located within the state’s airport premises. He said that with...
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Investors Open July in Red

03.07.2025
The Nigerian Exchange Limited opened the new month on a bearish note as investors lost N150bn at the close of trading on Tuesday, July 1. The market capitalisation dropped from N75.95 tn on Monday to N75.8 tn, reflecting renewed profit-taking by investors after a strong rally in June. At the end of the session, the...
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Oil Refinery Monopoly: Is Dangote to Blame?

03.07.2025
The Crude Oil Refineries Association of Nigeria has said that the failure of the government to supply crude oil to modular refineries is the reason many see the Dangote Petroleum Refinery as a monopoly in the downstream sector. According to CORAN’s Publicity Secretary, Eche Idoko, government inaction, not Dangote, is the real monopoly threat in...
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Afreximbank Increases Funding to $375M

03.07.2025
The African Export-Import Bank has completed the upsizing of its reserve-based lending facility to Oando Oil Limited to $375m. In a statement on Tuesday, Afreximbank explained that Oando’s paydown of the original $525m facility, secured in 2019, to $100m in 2024, created the headroom for refinancing. RBL facilities allow upstream oil and gas companies to...
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Nigeria Economy Grows 3.7% in H1 2025

03.07.2025
The Nigerian economy is estimated to have grown by about 3.7 per cent in the first half of 2025, driven by improved business conditions and increased oil production. This was revealed in the Stanbic IBTC Bank Nigeria Purchasing Managers’ Index (PMI) report compiled by S&P Global and released on Tuesday. The PUNCH recently reported that...
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NGX Announces Major Index Overhaul

03.07.2025
The Nigerian Exchange Limited has announced a midyear review of its market indices, leading to the inclusion and removal of companies across several benchmark indices. The changes took effect at the start of trading on Tuesday, July 1, 2025. According to a statement issued by the Exchange, the affected indices include the NGX 30; NGX...
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PZ Cussons Rebounds with N5.54bn Profit

03.07.2025
PZ Cussons Nigeria Plc has reported a profit after tax of N5.54bn for the year ended May 31, 2025, recovering from a loss of N76.02bn recorded in the corresponding period of 2024. The unaudited financial statements released by the company on the Nigeria Exchange Limited on Monday showed a 40 per cent increase in revenue,...
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Nigeria’s Regional Trade: Overcoming Hurdles (60 characters)

03.07.2025
Despite its dominance in regional trade, Nigeria faces structural and policy barriers that limit the full realisation of intra-ECOWAS commerce, including poor infrastructure, fragmented customs systems, and currency mismatches. The 2025 West Africa Economic Summit in Abuja provided a platform for dialogue and commitment, as experts and policymakers emphasised that digital identity, youth potential, and...
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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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