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Heirs Insurance Launches Creator Fellowship to Boost Insuran

04.08.2025
Heirs Insurance has launched a Creators Fellowship to transform public perception of insurance and boost financial literacy across Nigeria. The Heirs Insurance Creators Fellowship is a pioneering social impact initiative focused on simplifying insurance education through digital storytelling. In a statement, the insurance firm revealed that the inaugural cohort of the Fellowship includes Joseph Onaolapo,...
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Eterna Plc Reports N1.6bn H1 2025 Profit

04.08.2025
Eterna Plc, a Nigerian integrated energy company, has maintained profitability as it  reports N1.6bn pre-tax profit in the first half of 2025 The company’s unaudited financial results show revenue rose to N157.7bn, representing a seven per cent increase from N147.5bn in the corresponding period of 2024. This improvement was driven primarily by enhanced operational execution...
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Interswitch Unveils Tech Solutions for African Hospitality I

04.08.2025
Interswitch, a leading African technology company, has reaffirmed its commitment to transforming the continent’s hospitality sector through technology during its participation as an exhibitor at the Hotel Managers Conference Africa 2025, held recently in Lagos. The two-day conference brought together stakeholders across the hospitality industry to explore new pathways for sustainable growth through technology, strategic...
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AfDB Launches 8 Agro-Industrial Hubs in Nigeria

04.08.2025
Senior Special Adviser to the African Development Bank President, Prof Banji Oyelaran-Oyeyinka, has said that eight Special Agro-Industrial Processing Zones have been completed by the AfDB and its partners in Nigeria under Phase I, while 28 more are in the pipeline across the country. Speaking on Saturday at the groundbreaking of the Special Agro-Industrial Processing...
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Baro Port Project: FG Denies Contract Award

04.08.2025
The Federal Ministry of Marine and Blue Economy has denied reports alleging that Minister Adegboyega Oyetola awarded a multibillion-naira contract for the Baro Inland Port project, insisting the claims are entirely false and misleading. In a statement issued on Sunday, the minister’s Special Adviser on Media and Communications, Dr Bolaji Akinola, emphasised that no such...
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Nasarawa Takes Over Electricity Regulation from NERC

04.08.2025
The Nigerian Electricity Regulatory Commission says it has transferred regulatory oversight of the electricity market in Nasarawa State to the Nasarawa State Electricity Regulatory Commission. In a statement posted on its social media handles on Saturday, NERC stated that this action complied with the 1999 Constitution and the Electricity Act 2023. “In compliance with the...
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Airtel Nigeria Boosts Infrastructure Spending to $39M

04.08.2025
Airtel Africa Plc increased its capital expenditure in Nigeria to $39m in the second quarter of 2025, up 1.7 per cent from $38m in the same period last year, according to the company’s financial statement obtained by Sunday PUNCH. The marginal increase highlights Airtel’s continued investment in its largest and most strategic market, despite a...
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Sterling Bank Declares N41.8bn Half-Year Profit

04.08.2025
Sterling Financial Holdings Plc has recorded a profit of N41.8bn for the six months ended June 30, 2025, up from N16.3bn in the corresponding period of 2024, according to its unaudited interim financial statements released recently. The group’s profit before tax stood at N45.5bn for the period, a significant increase from N17.3bn in the first...
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Nigeria’s Motorcycle Manufacturing Push: Challenges and Oppo

04.08.2025
The Executive Director of the Motorcycle Manufacturers Association of Nigeria, Lambert Ekewuba, stresses the need for the Federal Government to strike a deal with Original Equipment Manufacturers to achieve a successful component deletion programme and detailed how local manufacturers brave the odds to remain profitable in a chat with ARINZE NWAFOR What do you make...
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FirstBank Wins 2025 Euromoney ESG Award

04.08.2025
FirstBank has retained the title of Nigeria’s Best Bank for Environmental, Social, and Governance at the Euromoney Awards for Excellence 2025. This marks the second consecutive win in the ESG category for FirstBank, affirming its leadership in sustainable finance and responsible banking across Nigeria, the lender said in a statement. The Euromoney Awards for Excellence...
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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
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

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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