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Notore Delisting: NGX Halts Trading

13.06.2025
The Nigerian Exchange Limited has announced the suspension of trading in the shares of Notore Chemical Industries Plc, effective Wednesday, 11 June 2025, ahead of the company’s planned delisting from the stock market. In a market bulletin signed by the Head of the Issuer Regulation Department, Godstime Iwenekhai, on Wednesday, the Exchange said the move...
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Nigeria’s Oil Production Shrinks Again

13.06.2025
Efforts by the Federal Government to ramp up oil production to over two million barrels per day suffered another setback last month, The PUNCH reports. This was as Nigeria’s daily oil production declined again in May, falling from 1.68 million barrels per day in April to 1.65mbpd last month. According to data from the Nigerian...
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Loyalty Summit 2025: AI & Future Solutions

13.06.2025
A loyalty industry summit, scheduled to hold later this year, will examine Artificial Intelligence and other future solutions that will shape the sub-sector. It is expected to also explore emerging trends, innovations, and accomplishments in the loyalty sector. The event, an annual Loyalty & Awards conference, and organised by Global Flight, is scheduled to hold...
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Fitch & GCR Upgrade Ratings

13.06.2025
Wema Bank has received upgraded ratings from two leading credit rating agencies, Fitch Ratings and Global Credit Ratings, further giving credence to its capacity for long-term sustainability in the African banking ecosystem, the 80-year-old lender said on Thursday. According to a statement, Fitch Ratings revised Wema Bank’s outlook from Stable to Positive and upgraded its...
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China Offers Nigeria Duty-Free Trade Access

13.06.2025
In a major policy shift set to reshape Africa-China trade relations, the Chinese government has announced plans to grant Nigeria and 52 other African nations full duty-free access to its vast consumer market. The new trade initiative, disclosed by President Xi Jinping in a letter to African foreign ministers, will extend zero-tariff treatment to 100...
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70% Lack Access, LAPO Reports

13.06.2025
A report from LAPO Microfinance Bank has revealed that over 70 per cent of Nigerian households lack access to affordable loans for water, sanitation, and hygiene infrastructure. According to a statement, Lapo Bank, during a workshop in Lagos on Tuesday, presented findings from its latest WASH Market Research Survey to stakeholders, including development partners, researchers,...
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75 Years of Empowering Education

13.06.2025
Stationery company BIC has reaffirmed its commitment to improving education in Nigeria, as it marked the 75th anniversary of its Cristal ballpoint. In a statement, BIC noted that the Cristal ballpoint pen, first produced in 1950 by French inventor Marcel Bich, has sold over 100 billion units and is a staple in classrooms, offices, and...
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Cold Chain Investment: Tackling Nigeria’s Food Losses

13.06.2025
Stakeholders in the agricultural sector have called for investment in cold chain infrastructure to address Nigeria’s annual post-harvest losses and boost food security. According to a statement, the stakeholders made the call at the Cold Chain in Agriculture Roundtable 2025, organised by Ecotutu, a cold chain solutions firm, in Lagos. Speaking at the event, industry...
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Airlines Go Digital in 2025

13.06.2025
Airport Parking and Hotels, a leading UK airport parking specialist, has released a new report exploring how major global airlines are advancing toward paperless travel in 2025 and beyond. The report evaluates key players, including Emirates, British Airways, easyJet, and Japan Airlines, comparing their approaches to digital transformation. It underscores how these carriers are leveraging...
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MRS Oil Projects N3.95bn Q3 Profit

13.06.2025
MRS Oil Nigeria Plc has forecasted a profit after tax of N3.95bn for the third quarter of 2025, driven by a projected revenue of N393.58bn, the company announced on June 4, 2025. According to the company’s Q3 forecast statement of comprehensive income filed on the Nigeria Exchange Limited on Tuesday, MRS Oil expects a turnover...
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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...

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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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