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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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OPay celebrates scholarship impact and launches CyberLabs

Leading fintech company OPay has marked the first anniversary of its 10-year N1.2bn scholarship programme awarded to university students across Nigeria. In a statement on Sunday, the firm said that the celebration, tagged 2025 Empowering Futures Conference, reaffirmed its vision to be the most respected and popular financial technology company that actively creates social value,...
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SWEEP Foundation unveils 2025 Lagos Waste Challenge

SWEEP Foundation has announced the commencement of the Lagos Waste Challenge 2025, the second edition of its flagship community-led waste management competition, supported by Coca-Cola Nigeria. In a statement, it was noted that the Challenge will unite Community Development Councils across Lagos State to showcase their creativity, innovation, and commitment to environmental stewardship. It stated,...
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Rex Insurance posts profit despite N30.2bn claims payout

Rex Insurance has released its financial results for the full year 2024, declaring a profit before tax of N880m despite paying N30.2bn in claims. This was disclosed by the Managing Director/Chief Executive Officer of Rex Insurance, Ebelechukwu Nwachukwu, at a press conference on Friday, during which the company shared its performance in the 2024 financial...
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Almond awards to change public perception of insurance

Organisers of the 2025 Almond Insurance Industry Awards say the annual event is more than just a night of celebration but a deliberate effort to change how Nigerians perceive insurance. This was disclosed by the Chief Executive Officer of Almond Productions Limited, Ms Faith Ughwode, in a statement made available to The PUNCH on Saturday....
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59,000 duplicate property listings found in Nigeria report

A recent report by Oikus, auditing over 100,000 property listings across the country, has uncovered 59,000 duplicates, revealing major data integrity gaps in Nigeria’s real estate market. According to the report, close to 60 per cent (59,119 out of 100,000) of listings analysed were duplicates. It stated, “To ensure objectivity and reproducibility, Oikus applied a...
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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...