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Aviation connectivity crucial to Africa’s prosperity – Vivajet

30.04.2025
Falcon Aerospace Limited, through its flagship brand, VivaJets, has stated that the airline strongly believes that Africa’s prosperity lies in aviation connectivity within the continent. The airline’s Chief Executive Officer, Chukwuerika Achum, stated this during the celebration of its Air Operator’s Certificate issued to it by the Nigerian Civil Aviation Authority, saying, The occasion, which...
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Nascon records 77% Q1 revenue growth

30.04.2025
Nascon Allied Industries Plc has reported a remarkable 77 per cent increase in its revenue for the first quarter of 2025. According to the company’s unaudited financial statements for the period ending 31 March 2025 filed on the Nigeria Exchange Limited recently, the company’s revenue from contracts with customers surged to N41.9bn, compared to N23.6bn...
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NSA plans joint security screening at airports

30.04.2025
The Office of the National Security Adviser has directed the implementation of a one-stop joint-interest screening system across Nigerian airports. This directive came as part of efforts to calm the rising call for the elimination of operational clumsiness, curb touting, and streamline security engagement with passengers in the aviation industry. The NSA, Nuhu Ribadu, said...
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Cadbury reverses losses with N5.97bn profit

30.04.2025
Cadbury Nigeria Plc has reported a profit after tax of N5.97bn for the first quarter ended 31 March 2025, marking a significant recovery from the N7.32bn loss posted in the corresponding period of 2024. The turnaround was driven by a 57 per cent surge in revenue, which rose to N37.23bn in the first quarter of...
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NGX loses N116bn as market cap dips

30.04.2025
The Nigerian Exchange Limited closed Tuesday’s trading session in the red, as investors booked profits on key tickers including MTN Nigeria Communications Plc, Livestock Feeds Plc, and Multiverse Mining and Exploration Plc. The sell-off led to a decline of N116bn in market capitalisation. The All-Share Index fell by 0.17 per cent to close at 97,978.02...
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Edo eyes investors at investment forum

30.04.2025
At the recently concluded Edo State Investment Forum, organised by Foreign Investment Network in Dubai, a major turning point was set in motion, with plans to attract investors to the state. Organisers of the forum disclosed this in a statement on Tuesday, adding that the Oba of Benin, His Royal Majesty,  Omo N’Oba N’Edo Uku...
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Guinness Nigeria celebrates 75 years of operations

30.04.2025
Guinness Nigeria Plc has announced that it is marking a monumental 75 years of operation, celebrating a legacy steeped in heritage, innovation, and its deep-rooted bond with the Nigerian people. Founded in 1950, the company opened its first brewery in Lagos in 1962, making it the first Guinness brewery outside of Ireland and the UK....
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Customs 4% FOB levy will weaken industries – MAN

30.04.2025
The Manufacturers Association of Nigeria has warned that the country risks weakening its industries if the Nigeria Customs Service reintroduces the suspended four per cent Free-on-Board levy. Director-General of MAN, Segun Ajayi-Kadir, in a statement on Monday, said the levy would “inflict catastrophic consequences” on the already fragile manufacturing sector and undermine national industrial goals....
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Public sector deficit, threat to $1tn economy goal – OPS

30.04.2025
The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture, and the Organized Private Sector of Nigeria have said that Nigeria’s massive public sector deficit is the biggest threat to the Federal Government’s goal of transforming the country into a $1tn economy by 2030. In a statement, NACCIMA President, Dele Oye, charged the Federal...
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FIRS commits to gender-responsive planning, budgeting

30.04.2025
The Federal Inland Revenue Service has pledged to integrate gender-responsive planning, budgeting, and data reporting across its operations as part of efforts to strengthen inclusive governance in Nigeria’s tax system. Speaking at the official launch of the FIRS Gender Desk and Women Network on Tuesday in Abuja, the Executive Chairman of the FIRS, Dr Zacch...
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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
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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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