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FG, foreign airlines begin talks over rising fares

The Federal Government, through the Minister of Aviation and Aerospace Development, Festus Keyamo, has disclosed ongoing efforts to address the high cost of air tickets for both domestic and international travel while also announcing enhancements in airport safety and security. Keyamo disclosed this in his remarks at the Ministerial Press Briefing on Thursday in Abuja....
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Lagos recommits to women entrepreneurs’ empowerment

The Lagos State Government has reiterated its commitment to empowering women entrepreneurs through targeted initiatives designed to foster financial independence and business sustainability. At an empowerment programme held in Lagos on Thursday, stakeholders from government, business, and local communities highlighted the importance of supporting female entrepreneurs to drive economic growth and reduce poverty. Delivering the...
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UPDC tops gainers as NGX rebounds with N82bn gain

The Nigerian Exchange Limited rebounded on Thursday, recording a market capitalisation gain of N82bn, as UPDC Plc, International Breweries, and Royal Exchange Plc led the gainers chart. At the close of trading, the All-Share Index increased by 130.24 points, or 0.12 per cent to settle at 106,220.62 points. Despite this recovery, the market remained on...
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Tantalizers eyes N18bn revenue

Fast food restaurant chain Tantalizers Plc has set a revenue target of N18bn by the end of the 2025 financial year as the company unveils a transformation plan that includes expansion into the fishery and entertainment industries. This was disclosed by the Group Managing Director, Tantalizers Plc, Robert Speijer, during the ‘Facts Behind the Figures’...
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Renaissance completes acquisition of Shell onshore asset

Renaissance Africa Energy Holdings says it has successfully completed the landmark transaction between itself and Shell for the acquisition of the entire equity holding in the Shell Petroleum Development Company of Nigeria. This follows the signing of a sale and purchase agreement with Shell in January 2024 and obtaining all regulatory approvals required for the...
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CFAO Motors changes name, plans electric cars

CFAO Mobility, formerly known as CFAO Motors, said it is positioning itself at the forefront of innovative mobility solutions across Africa, with Nigeria as a primary focus. The company said its ongoing rebranding reflects a broader strategic vision aimed at accelerating growth in the region. This was contained in a statement signed by the Managing...
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Popoola bags management fellowship award

Dr. Abisola Popoola has been awarded the Fellowship of the Institute of Management Consultants in Nigeria for her contributions to agricultural innovation and international trade. The Institute of Management Consultants, a leading professional body representing top-tier consultants, recognised Popoola’s efforts in modernising agriculture and strengthening trade ties between Nigeria and the United States. In a...
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Mutual Benefits gross premium hits N39bn

Mutual Benefits Assurance Plc has recorded a growth in its gross premium written, which surged by 77 per cent to N39.3bn in the first half of 2024, up from N22.16bn reported in the same period of 2023. The company’s unaudited financial statements for the period ended June 30, 2024, and filed on the Nigeria Exchange...
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Sanwo-Olu calls for practical solutions to tackling fraud

The governor of Lagos State, Babajide Sanwo-Olu, has called for practical and actionable solutions to tackle the issue of fraud in the country’s financial system. Sanwo-Olu made this call on Wednesday at the 2025 Annual General Meeting and Fraud Conference of the Association of Chief Audit Executives of Banks in Nigeria, themed ‘Fraud and Governance:...
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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...