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Customs earn N1.75tn revenue from N36tn worth of trade

The Nigeria Customs Service has said that the total trade value handled by the service in the first quarter of 2025 amounted to N36tn. The Comptroller-General of Customs, Adewale Adeniyi, stated this in Abuja while briefing journalists on the service’s activities in the first quarter of the year, where he also revealed that the agency...
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BATN Foundation wins award for empowering rural communities

The British American Tobacco Nigeria Foundation has been honoured with the Longstanding Investment Recognition and Making a Positive Impact Award by the Nigerian-American Chamber of Commerce. In a statement on Tuesday, the BATN Foundation has invested more than N4bn in fostering inclusive growth through sustainable agriculture. Its efforts have notably empowered rural communities across Nigeria,...
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RCCG hosts dialogue on Nigeria’s japa crisis

As Nigeria continues to grapple with the wave of mass emigration, popularly known as japa, the Redeemed Christian Church of God, Fountain of Life Sanctuary, is set to stage and explore all dimensions of Nigeria’s migration crisis. The Japa Conference, themed: “Exploring All Dimensions of the Japa Syndrome in Nigeria”, is scheduled to take place...
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AREWA24 appoints new CEO – Punch Newspapers

AREWA24, West Africa’s premier 24/7 Hausa-language entertainment network and production studio, has announced a major leadership shift as Celestine Umeibe steps into the role of Chief Executive Officer. According to a statement, this marks the network’s first significant executive transition since its launch in 2014. Umeibe, who has served as Deputy CEO and Chief Commercial...
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Customs plan reintroduction of 4% FOB

The Nigerian Customs Service has said it plans to reintroduce the widely criticised mandatory payment of the four per cent Free-on-Board value on imports after extensive consultation with relevant stakeholders. The Comptroller-General of Customs, Bashir Adeniyi, disclosed the figure during a press briefing to inform the public about the NCS activities in the first three...
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Unilever records N15.1bn Profit

Unilever Nigeria Plc has reported a net profit of N15.1bn for the 2024 financial year, reflecting a 79 per cent increase from the N8.4bn recorded in the previous year. The company also achieved a turnover of N149.5bn, which represents a 44 per cent growth compared to the N103.9bn in 2023. The audited results, which cover...
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Africa Prudential Plc appoints new chairperson

The board of Africa Prudential Plc, a share registration and business solutions provider, has announced the appointment of Christabel Onyejekwe as Chairperson, following the retirement of  Mrs Eniola Fadayomi, after 12 years of meritorious service. According to a statement, the announcement was made during the company’s 12th Annual General Meeting. Onyejekwe is an accomplished business...
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Tetracore Energy CEO bags award

The Chief Executive Officer of Tetracore Energy Group, Olakunle Williams, has been awarded the Vanguard Energy Icon Award 2025 for his transformative impact on Africa’s energy landscape. Olakunle Williams’ recognition as the Vanguard Energy Icon of 2025 cements his status as a trailblazer in Africa’s energy sector, a visionary leader whose work continues to energise...
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Fashola advocates inclusive governance – Punch Newspapers

The former Minister of Works and Housing, Babatunde Fashola, has called for a deeper commitment to inclusion that goes beyond surface-level representation. Fashola said this at the recent two-day Lateef Jakande Leadership Academy 2025 Lagos Leadership Summit, themed: ‘Transformative Leadership: Developing Responsive, Adaptive, and Inclusive Models’, in Lagos. According to him, Nigeria must build systems...
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African countries discuss trade growth at landmark summit

Africa’s rising economic power and ambitions for deeper trade integration took centre stage at the inaugural ICC World Chambers Federation Africa Summit, held recently in Nairobi, Kenya. The summit was co-hosted by the Kenya National Chamber of Commerce and Industry, and it brought together over 500 participants from more than 60 countries, signalling renewed global...
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I apologise for saying no heaven without tithe – Adeboye

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Protesters storm Rivers electoral commission, insist election must hold

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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...