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United Capital grows revenue to N13.1bn

05.05.2025
United Capital Plc has reported a significant surge in revenue, hitting N13.1bn in the first quarter ended 31 March 2025, representing a 113 per cent increase from the N6.1bn recorded in the corresponding period of 2024. According to its unaudited consolidated and separate financial statements, the impressive revenue growth was largely driven by a sharp...
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OPay announces N1.2bn scholarship for FUTMINNA students

05.05.2025
Nigeria’s leading financial institution, OPay, has announced a N1.2bn 10-year scholarship initiative for students of the Federal University of Technology, Minna, Niger State. The firm noted that the initiative was part of its continued efforts to champion education and empower Nigeria’s youth. “The scholarship initiative, which aims to alleviate the financial burden on talented students,...
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Wema Bank assets decline amid surge in profit

05.05.2025
Wema Bank Plc has reported a 270 per cent surge in its profit after tax for the first quarter ended March 31, 2025, reaching N35.8bn, up from N9.67bn recorded in the same period of 2024. The bank’s unaudited consolidated financial statements, filed with the Nigerian Exchange Limited, show an improvement in earnings performance, driven by...
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Firm, institutions partner to improve livestock industry

05.05.2025
Silagreen International Agro Development Limited has signed a Memorandum of Understanding with several Brazilian institutions, including the University of Zebu Breeders Association, the Educational Foundation for the Development of Agricultural Sciences, and Associated Colleges of UBERABA. The agreement aims to enhance national food security through improved cattle production and marks a major step in international...
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Dangote, NASSI partner to boost investments in Nasarawa

05.05.2025
The Nigeria Association of Small-Scale Industrialists, Nasarawa State Chapter, is partnering with Dangote Industries Limited to drive fresh investment options in the State. In a statement from Dangote Industries on Sunday, it was disclosed that with its 68,000 hectares, the Dangote Nasarawa Sugar Company Limited in Tunga was considered Nigeria’s biggest Backward Integration Policy project...
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Snake Island free zone to get area command – Customs

05.05.2025
The Comptroller-General of Customs, Adewale Adeniyi, has pledged to establish a new Customs Area Command at the Snake Island Integrated Free Zone. In a statement on Sunday, the CGC stated this during an official visit to the facility last week. Adeniyi expressed delight at the level of investment made on the island and commended Nigerdock,...
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Govt delists CNG conversion centre over sharp practices

05.05.2025
The Presidential Initiative on Compressed Natural Gas has officially delisted one of its conversion partners, Charles Goriola Yakub of C & L Smart Energy Limited, following confirmed reports of misconduct involving the unauthorised sale of government-provided conversion kits. It also warned of impending legal action against what it describes as a “sponsored smear campaign” aimed...
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Tinubu to meet Gencos over N4tn electricity debt

05.05.2025
President Bola Tinubu is expected to meet with the leadership of Nigeria’s power-generating companies as part of an emergency effort to address the N4tn debt threatening to cripple the country’s electricity supply chain. The move follows a high-level meeting on Tuesday between the Minister of Power, Adebayo Adelabu, and chairmen of Gencos in Abuja, amid...
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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...

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Man who asked Tinubu to resign admitted in psychiatric hospital

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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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