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Ex-Ecobank chief urges early retirement plan for youths

The immediate past Managing Director of Ecobank Nigeria, Patrick Akinwuntan, has advised young professionals to prioritise early savings and retirement planning as a strategy for long-term financial stability. Speaking at the Lagos Archdiocesan Young Catholic Professionals Day 2025 recently, Akinwuntan said youths must distinguish between consumption and investment and cultivate a habit of acquiring value-adding...
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Sterling Bank introduces free bus rides

After sparking a national movement with its Zero Transfer Fees campaign, Sterling Bank has once again pushed the boundaries of what corporate citizenship can mean to everyday Nigerians. Last week, regular Lagosians stepping out after long workdays were met with an unexpected gift: Sterling OneBank-branded buses waiting to take them home, free of charge, the...
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FCMB grows assets to N7.1tn

FCMB Group Plc closed the 2024 financial year with total assets of N7.1tn, marking continued growth across its banking and non-banking businesses. The Group made this known at its 12th Annual General Meeting held in Lagos recently, where shareholders approved the company’s financial statements and endorsed key resolutions, including a final dividend of N0.55 per...
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First HoldCo’s profit drops to N171bn

First HoldCo Plc has reported a decline in profit for the first quarter ended March 31, 2025, with profit falling to N171.1bn from N208.1bn, which was posted in the corresponding quarter of 2024. This represents a drop of N37bn, or 17.8 per cent, year-on-year. The group’s unaudited financial results released on the Nigerian Exchange on...
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Govt, Emirates sign tourism deal

The Federal Government, through the Ministry of Art, Culture, Tourism, and Creative Economy, and Emirates Airline have signed a Memorandum of Understanding to boost tourism in Nigeria. Both parties formalised the deal during the 2025 Arabian Travel Market held in Dubai. This was made known in a statement made available to The PUNCH on Wednesday....
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MOFI, development bank sign MoU on housing finance

The Federal Government has signed a Memorandum of Understanding with Shelter Afrique Development Bank to strengthen Nigeria’s housing sector through the expansion of the MOFI Real Estate Investment Fund. The agreement, which was signed in Abuja, aims to address the country’s housing deficit by mobilising structured, locally sourced financing and unlocking new opportunities for developers...
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FG inaugurates e-invoicing committee to curb tax evasion

The Federal Government has inaugurated the National Electronic Invoicing Inter-Agency Steering Committee to oversee the rollout of a new digital invoicing platform, the Merchant Buyer Solution, aimed at enhancing transparency and curbing tax evasion across the country. The initiative, spearheaded by the Federal Inland Revenue Service, was officially launched on Tuesday in Abuja as part...
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Toyota Nigeria announces return of Motor Show

Toyota (Nigeria) Limited has announced the return of its Motor Show, an avenue where customers are scheduled to enjoy discounted purchases of vehicles and other after-purchase services. The company made this known in a statement on Tuesday. The statement noted that the event will be held in Lagos from May 27 to June 1, 2025....
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Nigerian Breweries names Morgan Heineken AME director

Nigerian Breweries Plc has announced the elevation of its Corporate Affairs Director, Sade Morgan, to the role of Corporate Affairs Director for Heineken’s Africa and Middle East region, effective May 15, 2025. The announcement was made via a recent statement issued by Hans Essaadi, Managing Director of Nigerian Breweries Plc.. Morgan succeeds David Paterson in...
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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...