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Guinea Insurance Posts N114.7m H1 2025 Loss

24.07.2025
Guinea Insurance Plc recorded a loss after tax of N114.7m for the first half of 2025, marking a reversal from the N116.1m profit posted in the same period of 2024. The unaudited financial statements of the insurance firm, filed with the Nigerian Exchange Limited recently, showed that despite a growth in top-line revenue, the firm’s...
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PalmPay Ranked Top 300 Fintech by CNBC & Statista

24.07.2025
Digital bank PalmPay has once again secured global recognition, earning a place on CNBC and Statista’s 2025 Top 300 Fintech Companies in the World list. This marks the second consecutive year the fintech platform has been listed among the world’s most innovative and impactful financial technology firms, placing it alongside global giants such as Revolut,...
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Nigeria Aims to Export Made-in-Nigeria Vehicles

24.07.2025
The Minister of State for Industry, John Enoh, has inaugurated the newly constituted Governing Board of the National Automotive Design and Development Council. He urged the 12-member board, chaired by Chief Emma Eneukwu to approach their duties with dedication, diligence, and a forward-thinking approach Speaking at the Inauguration of the Governing Board Council held on...
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Nigerian Navy to Train Journalists on Blue Economy

24.07.2025
The International Maritime Institute of Nigeria has announced an exclusive executive course tailored for media practitioners in its determination to deepen national understanding and engagement with the Blue Economy. This was contained in a statement on Tuesday. IMION is a research and training arm established by the Nigerian Navy. IMION, renowned for its international-standard training...
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Wema Bank Empowers Women, Strengthens Economy

24.07.2025
The Managing Director/Chief Executive Officer of Wema Bank, Moruf Oseni, has said that empowering women helps to build families, communities, and, by extension, the economy.  Oseni said this as the lender handed out business grants to three women at the just-concluded SheCan 6.0 Conference. The SheCan Conference is a platform for entrepreneurship, career growth, and...
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Reps Probe $18 Billion Refinery Maintenance Spending

24.07.2025
The House of Representatives Committee on Petroleum Resources (Downstream) has resolved to investigate the turnaround maintenance of the four state-owned refineries. The Committee’s resolution is coming a few days after the House Committee on Petroleum Resources (Midstream) made a similar commitment to unravel why, despite an investment of $18bn in TAM, the refineries are not...
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FIRS Revenue Surges to ₦14.27tn, Exceeds H1 Target

24.07.2025
The Federal Government, through the Federal Inland Revenue Service, has recorded a significant revenue surge in the first half of 2025, collecting a total of N14.27tn, representing a 43 per cent growth compared to the same period in 2024, data from a performance evaluation report obtained from the presidency revealed. The figure, which exceeds the...
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Academy Press Reports N716.5m Profit in 2025

24.07.2025
Academy Press Plc has reported a profit after tax of N716.5m for the financial year ended March 31, 2025, marking an increase from the N73.6m recorded in the previous year.  According to its audited consolidated and separate financial statements filed with the Nigerian Exchange Limited, the company’s profit before tax rose to N1.17bn in 2025...
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Discos Reject State Review Talks

24.07.2025
Commissioners of energy across the 36 states on Wednesday disclosed their readiness to meet with power distributors to negotiate electricity tariffs that are reflective and not burdensome on residents of the states. This follows the recent cut in electricity tariff for Band A customers from N209/kWh to N160/kWh by the Enugu Electricity Regulatory Commission, and...
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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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