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Nigeria Raises N3.03tn From FGN Bonds in 8 Months

08.09.2025
The Debt Management Office has raised approximately N3.03tn from FGN savings bonds in the first eight months of this year. An analysis of the monthly FGN bond auction results between January and August 2025 indicated that the DMO offered about N2.13tn across short-, medium- and long-dated bonds. However, an appetite for long-dated bonds saw subscriptions...
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IFRS Sustainability Standards Training in Lagos This Septemb

08.09.2025
The International Sustainability Standards Board, in collaboration with the Financial Reporting Council of Nigeria, the Securities and Exchange Commission, NGX Regulation Limited, and EY, will host a two-day technical training programme on IFRS sustainability disclosure standards in Lagos. In a statement made available to our correspondent on Sunday, the training, scheduled for September 10 to...
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Union, FG Meet as Fuel Scarcity Threate

08.09.2025
The Nigeria Union of Petroleum and Natural Gas Workers on Sunday declared that it would still embark on strike beginning from today (Monday), despite the intervention of the Federal Government to address the grievances of the union. NUPENG President, Williams Akporeha, confirmed that the Federal Government had reached out to the union on the need...
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PZ Cussons Rebounds with N10.06bn Profit in 2025

08.09.2025
PZ Cussons Nigeria Plc has returned to profitability, recording a profit after tax of N10.06bn for the financial year ended 31 May 2025, compared with a loss of N90.31bn in the previous year, representing a 111 per cent improvement. The company’s audited financial statements, filed with the Nigerian Exchange Limited, showed that revenue rose 40...
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Leadway Acquires PAL Pensions, Creating Pension Giant

08.09.2025
…strengthens footprint in pension sector Leadway Holdings Limited, one of Nigeria’s foremost and most diversified financial services groups, has announced reaching an agreement to acquire 100 per cent equity interest in Pensions Alliance Limited, a leading Pension Fund Administrator. The acquisition was indicated in a statement from Leadway Holdings on Sunday. The transaction, which includes...
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SolarCity Gas to Deploy Superfast EV Chargers Across Nigeria

08.09.2025
Energy firm SolarCity Gas has unveiled plans to deploy superfast electric vehicle chargers across Nigeria as the adoption of EVs gathers momentum in the country. Managing Director/ Chief Executive Officer of Solarcity Gas, Okeowo Olasubomi, disclosed the move at the just-concluded GITEX show, where he announced that his firm will commission the first set of...
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SEC Fast-Tracks Insurance Recapitalisation, 14-Day Approvals

08.09.2025
The Securities and Exchange Commission has created a dedicated desk to fast-track approvals for insurance sector recapitalisation, pledging to deliver decisions within 14 days of complete submissions. This was disclosed at the end of the 19th Insurers’ Committee meeting by the Head of the Communication and Stakeholders Management Sub-Committee of the Insurers’ Committee, Ebelechukwu Nwachukwu,...
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Nigeria Stock Market Sheds N833bn in Holiday Week

08.09.2025
The Nigerian Exchange closed the week ending Thursday on a negative note, as investors lost a total of N833bn in a holiday-shortened trading week. Trading on the Exchange was cut to four days following the Federal Government’s declaration of Friday, September 5, as a public holiday to mark the Eid el Maulud celebration. At the...
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RTEAN Partners with Security Agencies to Enhance Highway Saf

08.09.2025
The Road Transport Employers Association of Nigeria has said it is working closely with security agencies to tackle criminal activities on the nation’s highways. According to the association, transporters and unionists are cooperating with security operatives to ensure that criminals are apprehended, noting that there has been “a lot of improvement than what was obtainable...
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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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