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Zenith, Access Hit N500bn Target

13.06.2025
Only two Tier 1 banks, Zenith Bank and Access Holdings Plc, have surpassed the N500 bn share capital and share premium threshold set by the Central Bank of Nigeria for banks with international licences, Proshare report has revealed. The report, titled ‘Tier 1 Banks Report: Getting Bigger, Braver, and Dominant – The Class of 2025’,...
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Royal Electronics Unveils Brand Ambassadors

13.06.2025
Royal Electronics, an electronics and home appliances brand under SIMS Nigeria Ltd, has unveiled actors Kanayo O. Kanayo and Dr Carolyna Hutchings as its brand ambassadors. According to a statement, Royal Electronics unveiled the ambassadors because their personas reflect the brand’s values of “quality, reliability, innovation, and Nigerian pride.” Royal Electronics noted that Kanayo brings...
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Nigeria Floods Ravage 180,000 Farms

13.06.2025
Nigeria’s agricultural sector has been severely impacted by climate change and growing insecurity, a new report by SBM Intelligence has revealed. Widespread flooding has affected more than 30 states, leading to the destruction of an estimated 180,000 cultivated farmlands nationwide. The report, published in June 2025, states that since July 2024, 31 of Nigeria’s 36...
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CardinalStone Records N55bn in Nigerian Market Surge

13.06.2025
Stockbroking firm CardinalStone Securities Limited performed about N55.5bn worth of transactions in the latest rally on the Nigerian Exchange Limited, which saw the All Share Index hit the historic high of 114,616.75. With this performance, CardinalStone Securities accounted for 37.76 per cent of total market volume and 36.36 per cent of total value traded between...
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Lagos Business School Rises in FT 2025

13.06.2025
Lagos Business School, Pan-Atlantic University, has again affirmed its stature as Africa’s premier business school and provider of world-class management education, earning top positions in the newly released Financial Times (FT) 2025 Executive Education ranking. In a statement, it was revealed that LBS placed 47 out of 95 globally for Custom Executive Education and 49...
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Nestlé Nigeria’s Nationwide Cleanup: Commitment to Sustainab

13.06.2025
Nestlé Nigeria has reaffirmed its commitment to environmental sustainability through a nationwide cleanup and community sensitisation campaign. According to a statement on Monday, the initiative, which is in its sixth year, was executed in collaboration with the African Clean-Up Initiative and local authorities. The company mobilised a total of 516 Nestlé Cares volunteers from the...
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Nigeria Trade Surplus Grows to N5tn in Q1 2025

13.06.2025
Nigeria achieved a trade surplus of N5.17tn in the first quarter of 2025, representing a 51.07 per cent increase from the N3.42tn recorded in the previous quarter. This is according to the newly released Foreign Trade in Goods Statistics report on Wednesday. It read, “The merchandise trade balance for Q1 2025 remained positive at N5,172.31bn,...
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NIWA MD Wins Icon of Diligence Award

13.06.2025
The Managing Director of the National Inland Waterways Authority, Mr Bola Oyebamiji, has bagged the “Icon of Diligence in Service Award” organised by Exposure Media. Disclosing this in a statement on Wednesday, the organisers announced that the award was presented during the 2025 Annual Lecture and Award presentation of Exposure Media held in Abuja. In...
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Ocean Resources: Nigeria’s Commitment to Sustainability

12.06.2025
The Minister of Marine and Blue Economy, Adegboyega Oyetola, has said that Nigeria remains committed to ensuring the protection and sustainable management of ocean resources. Oyetola added that the country would continue to play a pivotal role in driving inclusive, science-based, and economically viable ocean solutions. According to a statement on Monday, Oyetola disclosed this...
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African Gas Union: Nigeria Takes the Lead

12.06.2025
The President of the Nigerian Gas Association, Mr Akachukwu Nwokedi, was appointed as the Regional Coordinator for the union’s activities in Africa by the International Gas Union at the recent World Gas Conference in Beijing, China. The NGA said the appointment recognised the “significant” contributions of Nwokedi and the association to the advancement of gas...
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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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