Latest news

Facebook-f X-twitter Telegram Instagram Whatsapp

Latest News

NCAA Grounds Rano Air Plane

01.07.2025
The Nigeria Civil Aviation Authority has grounded a Rano Air aircraft with registration number 5N-BZY in Kano State, following an in-flight engine failure observed in its engine 1. Industry experts commended the move by the regulator, stating that it was crucial to not only check the airline but to forestall such developments in the future....
Read more

Furniture Industry Faces FX Volatility, Inflation

01.07.2025
The Managing Director, Lifemate Furniture, Mr Liu Lihua, has decried the rate of foreign exchange and inflation volatility plaguing the furniture industry. He disclosed this during the company’s raffle draw competition to mark its 19th year anniversary, which was held at the company’s office in Oregun, Ikeja, recently. He said, “Foreign exchange and inflation have...
Read more

Banks to Gain Despite 4% Levy

01.07.2025
Nigeria’s new tax laws introduce sweeping reforms aimed at modernising the country’s fiscal landscape. A key change is the introduction of a unified four per cent development levy, which replaces several existing levies. OLUWAKEMI ABIMBOLA explores the potential impact of this consolidation on banks’ profitability and beyond The portion of profits that banks can retain...
Read more

Nigerian Banks Embrace AI for Financial

01.07.2025
The Association of Chief Compliance Officers of Banks in Nigeria has called for the adoption of artificial intelligence and advanced technologies in risk management to enhance financial integrity. The call was made during ACCOBIN’s 2025 Annual Stakeholders’ Conference held in Lagos under the theme ‘Beyond Compliance: AI, Risk, and the Future of Financial Integrity’. Stakeholders...
Read more

Bond Yields Dip 18.38%: Nigeria Bond Market Rally

01.07.2025
Nigeria’s bond market sustained its bullish momentum last week, as investors showed increased appetite for sovereign debt instruments, pushing average yields down by 19 basis points to 18.38 per cent from 18.57 per cent recorded in the previous week. The bullish sentiment was driven largely by strong demand for specific longer-dated instruments, notably the JAN-35,...
Read more

NGX Trades Hit N9tn: Local Investors Dominate

01.07.2025
Local investors, particularly domestic institutional players, have continued to dominate Nigeria’s equity market, driving N7.15tn of the N9tn total transactions recorded on the Nigerian Exchange Limited between January 2024 and May 2025. According to NGX data, domestic participation accounted for about 80 per cent of total trades, with foreign investors contributing N1.85 tn. The surge...
Read more

NESF Coupon Soars 144%: SCM Capital Boosts Payout

30.06.2025
SCM Capital Asset Management Limited has declared a coupon payment of N307.00 per unit for the Nigeria Energy Sector Fund for the financial year ended March 31, 2024, representing a 143.65 per cent increase compared to the N126.00 paid in 2023. According to a statement by the Managing Director, SCM Capital Asset, Management Limited, Omololu...
Read more

Triple Gee Records N1.39bn Loss in 2025

30.06.2025
Tripple Gee and Company Plc have reported a loss after tax of N1.39bn for the financial year ended March 31, 2025, a downturn from the N7m profit recorded in the previous year. According to the audited financial statements filed on the Nigeria Exchange recently, revenue for the year dropped by 17.3 per cent, falling from...
Read more

NGX Surges N1.43tn: Zenith, Access Lead Rally

30.06.2025
The Nigerian equities market maintained its bullish momentum last week as the Nigerian Exchange Limited recorded a total gain of N1.43tn, driven largely by renewed investor interest in the banking sector, particularly in Zenith Bank Plc, Access Holdings Plc, and Fidelity Bank Plc. According to the NGX weekly market report, the All-Share Index rose by...
Read more

Oloibiri Museum Construction Begins: Julius Berger Takes Ove

30.06.2025
Julius Berger Nigeria Plc has taken over the construction work on the long-awaited Oloibiri Oil Museum and Research Centre project in Otuabagi, Ogbia Local Government Area of Bayelsa State. The stakeholders of the project, through the Nigerian Content Development and Monitoring Board, formally did the handing over, according to a statement. It was noted that...
Read more
1 … 286 287 288 289 290 … 828

Must Read

Popular Posts

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...

You may have missed it

Follow Us on Social Media

Facebook-f Twitter Youtube Instagram

© Copyright 2024

Themes