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Nigerian Stock Exchange Soars N12.62tn in July

02.08.2025
The Nigerian Exchange closed the month of July 2025 on a bullish note, recording a significant N12.62tn gain in market capitalisation. The All-Share Index appreciated by 0.42 per cent on the last trading day of the month to settle at an all-time high of 139,863.67 points, up from the previous close of 139,278.67 points. This...
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CBN Agric Loan Scheme Fails to Impress Nigerian Farmers

01.08.2025
The National President of the All Farmers Association of Nigeria, Kabir Kebram, has described the Central Bank of Nigeria’s Anchor Borrowers’ Programme as a failed intervention. Speaking on the controversial agricultural financing scheme, Kebram said AFAN had distanced itself from the programme from the onset after evaluating its sustainability and structure. “As AFAN, we did...
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Nigeria’s FX Revenue Crashes 73% in H1 2025

01.08.2025
Revenue from foreign exchange rate gains crashed by 73 per cent in the first half of 2025, falling to N589.45bn from N2.199tn recorded in the same period of 2024, signalling a major shift in Nigeria’s fiscal structure as arbitrage opportunities continue to dry up. The data, obtained from the Federation Account Allocation Committee, shows a...
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FG Backs Local EV Manufacturing in Nigeria

01.08.2025
The Federal Government has fully supported Nigeria’s emerging electric vehicle industry, restating its commitment to driving local manufacturing, economic expansion, and job creation. According to a statement, the Minister of Industry, Trade and Investment, Jumoke Oduwole, affirmed the government’s support during a visit to the Saglev Incorporated EV assembly plant in Lagos on Wednesday. Oduwole...
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Enugu Signs Loan Deal for Women’s Empowerment Program

01.08.2025
The Enugu State Government has cemented its commitment to advancing women’s empowerment by signing a Subsidiary Loan Agreement for the Nigeria for Women Project, implemented through the Ministry of Children, Gender Affairs, and Social Development. In a statement, it was noted that in a significant stride towards fostering economic empowerment and enhancing the livelihoods of...
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Shell Profit Dips 23% as Energy Prices Fall

01.08.2025
British energy giant Shell on Thursday said its net profit slid 23 per cent in the first six months of the year, hit by lower oil and gas prices. Profit after tax dropped to $8.4 billion compared with $10.9 billion in the first half of 2024, Shell said in an earnings statement. Group revenue dropped...
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Oluehi’s Half-Time Speech Inspires Nigeria’s WAFCON Win

01.08.2025
Houston Dash defender Michelle Alozie has revealed the spark behind Nigeria’s dramatic second-half comeback in the 2024 Women Africa Cup of Nations final against Morocco, crediting veteran goalkeeper Tochukwu Oluehi’s passionate half-time speech for inspiring the Super Falcons’ historic turnaround. During a question-and-answer session with fans on her Snapchat on Wednesday and Thursday, Alozie revealed...
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Power Solutions Unveiled to Combat Nigeria’s Energy Crisis

01.08.2025
TSi Power and Energy Control Systems have unveiled solutions to help Nigerian businesses reduce operational losses caused by poor electricity supply and downtime, from voltage instability and surges to harmonics. The firms introduced their technological solutions to mitigate the impact of bad power on sensitive electronic and industrial equipment at their first power quality conference...
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Diana Chen Lauded for Driving $2B Investment in Africa

01.08.2025
Chairman of CIG Motors, Diana Chen, has received accolades for her business leadership and investment contributions across Africa, particularly for championing over $2bn in business ventures on the continent. This was the highlight of Tuesday’s event titled ‘An Afternoon with Diana Chen,’ held in celebration of her birthday, an event that doubled as a tribute...
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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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