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TAJBank Issues N20bn Sukuk Bond

Non-interest lender TAJBank has signed the completion agreement for the N20bn second tranche of its N100 billion Mudarabah Sukuk bond programme. The agreement, which was signed on Tuesday at its headquarters in Abuja, is coming after the issuance of the first-ever N10bn Sukuk bond on the Nigerian Exchange in 2023. The new Mudarabah Sukuk bond...
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10 Startups Modernizing Nigeria’s Jus

Ten startups have been selected as winners of the second round of JusticeTechNG 2025, Nigeria’s first national hackathon and accelerator programme focused on justice innovation, aimed at modernising the country’s justice system through technology. Convened by the Special Assistant to the President on Justice Sector Reform and ICT/Digital and Innovative Technology, Fernandez Marcus-Obiene, the initiative...
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Firms Partner for West Africa Growth

Tier 5 Technologies, a leading enterprise IT and cloud services provider in West Africa, has disclosed on Tuesday that it has entered into a strategic partnership with MongoDB, a global leader in database technology for modern applications, to support its expansion in the West African market, with a focus on Nigeria. The partnership was announced...
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AI Sales Model for SME Growth in Africa

A leading Nigerian offline sales strategist, Fajimokun Kolawole, is championing a new artificial intelligence-driven sales model aimed at helping small and medium-sized enterprises and fintech startups scale more effectively across Africa.In a statement disclosed on Tuesday, Kolawole said the new approach blends AI tools with a human-centred field sales strategy that harnesses offline distribution networks...
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PUBG Mobile Celebrates Eid with Makoko Community

PUBG MOBILE, a mobile games platform, celebrated this year’s Eid al-Adha by bringing food and joy to residents of Makoko, a waterfront community in Lagos, Nigeria. The disclosure was made on Tuesday as part of the company’s ongoing corporate social responsibility efforts under the theme “PUBG MOBILE Cares Nigeria”. Held on Sunday, June 9, the...
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SEC Orders: Claim Your Unclaimed Dividends

The Securities and Exchange Commission has directed all public companies and their registrars to stop treating unclaimed dividends older than 12 years as statute-barred, especially those declared before the enactment of the Finance Act 2020. The directive follows concerns that some companies and registrars continue to deny shareholders access to unclaimed dividends on the basis...
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Fuel Management Tool Adopted by Airlines

GOL and TAP Air Portugal have become the first airlines to adopt the International Air Transport Association’s FuelIS, an advanced analytics tool designed to help airlines optimise fuel consumption and improve environmental performance. According to the statement from IATA, FuelIS supports airlines in identifying operational inefficiencies and making data-driven decisions that reduce both fuel costs...
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Nigeria Telecoms Spend $350M Annually on Diesel

Nigeria’s telecom industry is grappling with mounting operational costs, spending over $350m annually on diesel-powered generators. According to the State of Africa’s Infrastructure Report 2025 by the Africa Finance Corporation, telecom operators in Nigeria consume more than 40 million litres of diesel every month. This growing reliance on diesel generators adds significant financial pressure on...
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Lasaco Assurance engages Northern Customers

Lasaco Assurance Plc has convened its 2025 Customer Forum for the northern region to enhance their experience with the company. According to a statement on Tuesday, the forum held in Abuja brought together policyholders, brokers, corporate clients, and industry partners to engage in a dialogue aimed at enhancing service delivery and aligning offerings with the...
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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...