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Rite Foods supports essential workers with products

Rite Foods Limited has supported essential workers in Lagos with water marking the 2025 World Water Day. Rite Foods Limited, makers of Bigi Premium Drinking Water, on March 21 distributed bottles of its premium water to security personnel, traffic wardens, Central Business District workers, street sweepers, and road safety officers. The company in a statement...
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Africa Plus partners ministry on Benin-Asaba road redevelopment

Africa Plus Partners, an infrastructure development financier, has in collaboration with the Federal Ministry of Works, officially flagged off the Benin-Asaba Expressway re-development project, marking a significant milestone in Nigeria’s Highway Development and Management Initiative. In a statement, it was noted that the 125km corridor part of HDMI Phase 1, was a crucial component of...
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SEC pledges zero tolerance for fraudulent market activities

The Securities and Exchange Commission has reaffirmed its commitment to ensuring that only fit and proper individuals operate in Nigeria’s capital market, vowing to clamp down on fraudulent activities and protect investors. In a statement made available to our SEC director correspondent on Sunday, the director general of SEC, Emomotimi Agama, declared that market operators...
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CFA Society appoints new president

CFA Society Nigeria has announced the appointment of Razaq Ahmed as its fourth president following the conclusion of its 2025 Board of Governors elections. In a statement made available to our correspondent on Sunday, his tenure takes effect from March 21, 2025, succeeding Ibukun Oyedeji, who will continue to serve on the board as an...
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Juli posts N35.58m profit

Juli Plc has recorded a profit after tax of N35.58m for the financial year ended December 31, 2024, representing a significant recovery from the N75,739 loss reported in 2023. The company’s audited financial statements filed on the Nigeria Exchange Limited recently show that revenue surged by 65.7 per cent to N478.41m in 2024, up from...
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Seplat Energy to redeem $3.2m notes

Seplat Energy Plc has announced plans to redeem its outstanding notes worth $3.2m on April 1, 2025, in line with its indenture agreement. In a notice issued by the company on Monday, the Chief Financial Officer, Eleanor Adaralegbe, stated that the redemption covers the entire outstanding principal amount of the notes issued under the indenture...
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AIICO Insurance disburses N68bn to annuitants

AIICO Insurance Plc has announced disbursing about N68.2bn to annuitants between 2019 and 2024 even as it received commendation from the annuitants for providing them with financial stability in their retirement. In a recent statement, the insurance firm revealed that its customers have declared it as a preferred annuity business manager in the country. The...
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FirstBank projects N1tn for SME funding in 2025

FirstBank has revealed its preparedness to disburse over N1tn in funding to drive the growth of small and medium-scale enterprises in Nigeria this year. This was disclosed at the SME Scale Up event, which was held on Friday in Lagos and brought together entrepreneurs from different sectors of the economy under the theme ‘Scale Up...
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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...