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Firm plans digital skills empowerment summit for businesses

Marketing Analytics Africa has announced plans to host a marketing summit to equip brands and marketers across Africa with cutting-edge strategies in digital marketing, scalable growth, and emerging technologies. The event, themed ‘Marketing in the New Economy: Data-Driven Success in Challenging Times’, will be held on May 24 in Lagos, according to a statement. Chief...
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N-BA reaffirms commitment to Nigeria-UK relations

The Nigeria-Britain Association has reaffirmed its commitment to strengthening bilateral ties between Nigeria and the United Kingdom. This pledge was made during the Association’s 56th Annual General Meeting, held recently in Lagos, where members from both countries gathered to assess achievements and outline plans for the year ahead. Delivering his address at the AGM, the...
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Real estate firm grows revenue to N554m

SFS Real Estate Investment Trust has reported growth for the 2024 financial year, posting a 50.26 per cent increase in net income, which rose to N477.09m. In a statement on Tuesday, the performance comes on the back of steady rental income, strategic property disposals, and interest income. The REIT’s gross revenue climbed to N554.91m, up...
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PWAN denies SEC Ponzi claims

The management of PWAN Group has denied allegations by the Securities and Exchange Commission that its real estate buy-back transactions bear the characteristics of a Ponzi scheme. In a statement made available to our correspondent by the company on Thursday, PWAN described the SEC’s position as “inaccurate and misleading,” stressing that its initiative is a...
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VFD shareholders approve N3.17bn dividend

Shareholders of VFD Group Plc have approved a dividend payout of N3.17bn at the company’s 9th Annual General Meeting, held virtually in Lagos on Thursday. The approved dividend translates to N2.50 per share. In addition, shareholders endorsed a five-for-one bonus share issuance, a move the company says reflects its commitment to long-term shareholder value and...
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ACCI raises concerns over China-Nigeria currency swap deal

The President of the Abuja Chamber of Commerce and Industry, Chief Emeka Obegolu, has called on the Nigerian Government to take urgent and strategic steps to enhance the ease of doing business with China. He particularly emphasised the need to fast-track the full implementation and expansion of the Nigeria–China currency swap agreement. Chief Obegolu made...
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PenCom, Lagos advocate informal sector inclusion

The National Pension Commission and the Lagos State Governor, Babajide Sanwo-Olu, have intensified the call to bring in more workers in the informal sector of the Nigerian economy into the country’s pension scheme. The call was made on Thursday at the inaugural Pension Industry Leadership Retreat held in Lagos under the theme, ‘Sustainable Retirement –...
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Political interests frustrating motorcycle manufacturing – MAN

Motorcycle manufacturers have blamed the political interests of some individuals as the reason for frustrating the implementation of the government’s imported components deletion programme, which seeks to eliminate Nigeria’s import dependence and preserve local industry. Chairman of Motorcycle Manufacturers Association of Nigeria, Lambert Ekewuba, told The PUNCH in a phone interview that the country’s independence...
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PalmPay hits 15m daily transactions

PalmPay, a Nigerian digital bank, has announced that it processed 15 million daily transactions in the first quarter of 2025. In a statement on Thursday, the disclosure was made during a media roundtable held in Lagos to review the company’s first-quarter performance. According to the fintech firm, PalmPay now has 35 million registered users, with...
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Orijin renews endorsement with Basketmouth

Orijin, an alcoholic beverage brand under Guinness Nigeria Plc, has renewed its endorsement partnership with comedian and actor Bright Okpocha, professionally known as Basketmouth. In a recent statement, Orijin announced the continuation of this partnership, which has emphasised themes of Nigerian originality, cultural pride, and the enduring resilience of the Nigerian spirit. Managing Director and...
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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...