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International Breweries posts record N88.9bn pre-tax profit

14.04.2026
International Breweries has announced a record N88.9bn pre-tax profit in 2025, marking a definitive turning point for the beverage giant as it officially transitioned from a loss to a position of significant profitability. According to the audited financial statements released on the Nigerian Exchange, the company delivered a pre-tax profit of N88.95bn, a figure that...
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Stakeholders Urge Collaboration for South-West Urban Devt

14.04.2026
South-West physical planners have stressed the need for collaboration within the region to ensure development. The stakeholders made the call on Thursday in Lagos while speaking during the Inaugural South-West Regional Meeting on Physical Planning and Urban Development. The Director-General of the Development Agenda for Western Nigeria Commission, Dr Seye Oyeleye, stressed the need for...
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NIQS cites multiple causes of building collapse in Nigeria

13.04.2026
The Nigerian Institute of Quantity Surveyors has stated that building collapse can result from several factors, including the design, the implementation, or even the professionals handling the project. The National President of NIQS, Aminu Bashir, said this on Thursday in Lagos during the seminar and investiture of Ololade Sokoya as the ninth Chairperson of the...
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Providus Bank helps SMEs expand into global trade

13.04.2026
Providus Bank has announced the commencement of the Training to Transaction Programme, a flagship initiative designed to accelerate African small and medium-sized enterprises from export readiness into active participation in international trade. The programme, which is in partnership with Borderless Trade and Investment, Duchess NL, and the Global African Business Association under the ECOWAS Parliament...
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CBN Tightens Oversight of Nigeria’s Digital Finance Sector

13.04.2026
The Central Bank of Nigeria is tightening oversight of digital finance platforms, aiming to balance rapid innovation with stronger safeguards to protect stability and boost confidence, JIDE AJIA writes The Central Bank of Nigeria is stepping up efforts to reinforce confidence in the country’s financial system, introducing new measures to strengthen oversight of virtual asset...
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Nigeria Insurance Recapitalization: A Major Sector Shake-Up

13.04.2026
Nigeria’s insurance industry is currently navigating a period of profound structural adjustment, characterised by a high-stakes transition that experts describe as a pivotal opportunity to reposition the sector as a credible pillar of the national financial system, JIDE AJIA reports At the heart of this transformation is the 31 July 2026, recapitalisation deadline set by...
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Reversing Nigerian economic reforms could hurt growth

13.04.2026
The Nigerian Economic Summit Group has warned that any attempt to reverse ongoing economic reforms could drag Nigeria’s growth back to crisis-era levels of about two per cent, threatening recent gains in macroeconomic stability. Speaking during the NESG quarterly media engagement held in Abuja on Friday, the Head of Research, Dr Joseph Ogebe, said, “What...
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CIG Motors & Stanbic IBTC Launch Vehicle Financing Scheme

13.04.2026
CIG Motors has officially entered a partnership with Stanbic IBTC to launch a revolutionary vehicle financing initiative. The scheme, tagged ‘Vehicle Financing Made Easier’, is designed to dismantle the high entry barriers of upfront capital, offering Nigerians a streamlined path to owning brand-new vehicles with flexible repayment structures and rapid delivery timelines. This, according to...
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NUPRC unveils reforms to boost Nigerian oil production

13.04.2026
The Commission Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission, Oritsemeyiwa Eyesan, has unveiled an ambitious reform agenda aimed at boosting crude oil production, restoring investor confidence, and positioning Nigeria as a competitive global energy destination. In her maiden interview published in the latest edition of The Upstream Gaze, a media publication by the...
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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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