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Lagos Hosts Packaging Industry Gian

16.07.2025
Key players in the packaging, plastics, printing and processing industries are expected to converge on Lagos from September 9 to 11 for the 12th edition of Propak West Africa, one of the region’s industrial trade exhibitions. The annual event, to be held at the Landmark Centre, is set to bring together over 5,500 professionals and...
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Tough But Necessary, Says Finance

16.07.2025
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Olawale Edun, has defended the economic reforms initiated by President Bola Tinubu, describing them as difficult but necessary steps toward macroeconomic stability and national recovery. Speaking through the Special Adviser to the President on Finance and Economy, Sayande Okoli, at the 13th BusinessDay CEO Forum...
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Agbaje on Global Growth & Dividends

16.07.2025
Guaranty Trust Holding Company Plc made history last Thursday by becoming the first West African financial institution to have its shares listed on the London Stock Exchange.The development also made GTCO to become dual-listed on the LSE and the Nigerian Exchange Limited.Speaking during a post-listing media chat in London, the Group Chief Executive Officer of...
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Nigeria’s Bonded Terminals: 40% Lack Basic Facilities

16.07.2025
The Secretary-General of the Association of Bonded Terminal Operators of Nigeria, Mr Haruna Omolajomo, has stated that 40 per cent of the bonded terminals in Nigeria lack the basic facilities required to operate the terminals. Omolajomo, who stated this in a chat with The PUNCH, attributed the situation to a lack of access to proper...
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10 New Fuel Stations Open

16.07.2025
Rainoil Limited says it opened 10 new fuel retail stations across Nigeria as part of its nationwide expansion strategy, bringing the company’s total network to over 210 stations in 27 states. According to a statement on Monday, the company said the development was in line with its ’Road to 400’ campaign, a strategic initiative aimed...
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Gas Export & Nigeria’s Future

16.07.2025
The President/Chief Executive of Dangote Group, Aliko Dangote, has commenced the process to develop what he described as Nigeria’s biggest and deepest seaport in Olokola, Ogun State, a move that signals the expansion of his multibillion-dollar industrial empire and a strategic push into maritime logistics. Speaking during an interview with Bloomberg in Lagos on Monday,...
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N156bn Bank Impairment Charges in Q1 2025: A Deep Dive

16.07.2025
Eight Nigerian banks incurred a combined N156bn in impairment charges on credit and financial assets in the first quarter of 2025, according to an analysis by The PUNCH of their unaudited financial statements filed on the Nigerian Exchange Limited recently. The impairment charges, often referred to as loan losses or credit losses, reflect provisions set...
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40% of Developing World Now Saves

16.07.2025
The World Bank Group has reported a significant rise in formal saving across developing nations, with 40 per cent of adults now using bank accounts or other financial services to save. This milestone, revealed in the latest Global Findex 2025 report, represents a 16-percentage-point increase since 2021, the fastest growth in over a decade. The...
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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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