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UBA posts N804bn profit, total assets hit N30.4tn

United Bank for Africa Plc has reported a profit before tax of N803.73bn for the 2024 financial year, driven by solid core earnings and improved operational efficiency. This was indicated in the bank’s audited financial results, filed with the Nigerian Exchange Limited on Monday, which also showed the profit after tax hitting N766.57bn from N607.69bn...
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Unilever advocates gender inclusion, workplace equity

Unilever Nigeria has reaffirmed its commitment to gender inclusion and workplace equity, marking the 2025 International Women’s Day with a series of events across its Oregun and Agbara sites. In a statement, Unilever noted that it brought together professionals and advocates to discuss the role of diverse and inclusive leadership in fostering a productive workplace....
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Petrol crisis eases in Niger after Nigeria’s bailout

The pump prices of Premium Motor Spirit (petrol) in neighbouring Niger Republic have started reducing following the supply of the commodity from Nigeria, The PUNCH reports. Multiple residents in border communities and insider security sources familiar with the development confirmed that hundreds of petrol tankers have started making their way from Nigeria to Niger Republic....
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Less than 10% of Nigerian land documented – Minister

The Federal Government has disclosed that less than 10 per cent of Nigerian lands were documented in 140 years. Speaking at the Workshop on the National Land Registration and Documentation Programme in Abuja recently, the Minister of Housing and Urban Development, Ahmed Dangiwa, highlighted the dire state of land documentation in Nigeria. “Since the inception...
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Marketers fear price hike as FG suspends sale to Dangote

•IPMAN slams depot owners for stockpiling product, FG, Dangote resume talks today Following the Dangote Petroleum Refinery’s suspension of the sale of petroleum products in naira, some filling stations have started stockpiling Premium Motor Spirit, otherwise known as petrol, The PUNCH reports. The retailers are storing the product to ensure they have enough to sell...
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Nigeria to learn power generation from Egypt – Minister

The Federal Government says it will learn power generation and transmission from Egypt which it described as a role model in the sector. The government also has reaffirmed its commitment to rural development through improved electricity access, The Minister of Power, Adebayo Adelabu, disclosed this during a recent meeting in Abuja with the Egyptian Ambassador...
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Smart ways to manage your bank account

TEMITOPE AINA highlights 12 essential tips for keeping your bank account in perfect order, financial stability, avoiding unnecessary fees, and maximising the benefits that banks offer Managing a bank account effectively is essential against the backdrop of many people struggling with poor banking habits, leading to overdrafts, excessive charges, and financial difficulties. By mastering bank...
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Bakers decry non-implementation of govt promises

The Association of Master Bakers and Caterers of Nigeria has expressed its growing frustration over the government’s unfulfilled promises concerning the baking industry. The National Secretary of the Association, Jude Okafor, spoke to our correspondent on Sunday, drawing attention to a pledge made by the Minister of Agriculture and Food Security, Abubakar Kyari, last year...
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Kano stakeholders advocate brown rice for school feeding

Stakeholders in Kano State have called for adopting Parboiled Unpolished Rice, commonly known as brown rice, into the state’s school feeding programme. According to a statement, key government officials, school administrators, and education stakeholders advocated incorporating brown rice for its nutritional and economic benefits. TechnoServe Nigeria collaborated with the Kano State Ministry of Education to...
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I apologise for saying no heaven without tithe – Adeboye

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

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

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...