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Julius Berger Hits N1tn in Assets: 2024 Financial Report

11.07.2025
Julius Berger’s total assets crossed the N1trn mark in 2024, marking a significant milestone in the company’s financial performance. In a statement, it was revealed that the disclosure was made during the company’s first forum under its new Managing Director, Dr. Peer Lubasch, who took over in October 2024, alongside Executive Director of Finance Christian...
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Ogun empowers artisans with loans

11.07.2025
The Ogun State Government has approved the disbursement of low-interest soft loans to artisans across the state, aiming to empower grassroots entrepreneurs and stimulate local economic growth. In a statement made available to our correspondent on Tuesday, the initiative was disclosed by the Commissioner for Community Development and Cooperatives, Ademola Balogun, during the closing ceremony...
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Trump’s new copper, tech products tariffs escalate trade war

11.07.2025
United States President Donald Trump has intensified global trade tensions by announcing new tariffs on a range of imported products, including copper, semiconductors, and pharmaceuticals, in a move that signals a deepening of the trade war with key international partners. According to Reuters, Trump stated late Tuesday via his social media platform, Truth Social, that...
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Mutual Benefits Profit Soars 92% in 2024

11.07.2025
Mutual Benefits Assurance Plc recorded a 92 per cent rise in its 2024 full-year profit, growing to N11.32bn from N5.89bn in 2023. According to its audited results filed with the NGX, the growth was driven by strong investment returns and a reversal in reinsurance losses. Insurance revenue rose 68 per cent to N66.92bn from N39.92bn,...
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$15bn Ondo Refinery, Free Trade Zone Planned

11.07.2025
Backbone Infrastructure Nigeria Limited has announced plans to build a $15bn refinery with a capacity of 500,000 barrels per day and establish a Free Trade Zone in Ilaje Local Government Area of Ondo State. The mega project, billed for the Sunshine Industrial Park in Ogboti-Eruuna and the proposed Sunshine Free Trade Zone, will be delivered...
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Closing Financial Gaps in Nigeria (ACAMB Confere

09.07.2025
The fourth Stakeholders Conference of the Association of Corporate & Marketing Communications Professionals in Banks in Nigeria is set to focus on the potential of artificial intelligence to drive financial inclusion. According to a statement from the association on Tuesday, the conference is scheduled to be held on July 10. This year’s conference, themed ‘AI...
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Ecobank Unveils Education Financing Solutions

09.07.2025
Ecobank Nigeria has announced a comprehensive suite of innovative financial solutions designed to support all key stakeholders within the education ecosystem. In a statement on Tuesday, the lender said the offerings are aimed at driving financial inclusion, operational efficiency, and sustainable growth across the sector. Speaking at the unveiling event in Lagos, Executive Director of...
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Max Air Ranked Lowest in Customer Responsiveness

09.07.2025
The Nigerian Civil Aviation Authority has tagged Max Air the ‘most unresponsive domestic airline’ in the country regarding passenger complaints, according to fresh data from its Consumer Protection Department. NCAA’s Director of Public Affairs and Consumer Protection, Michael Achimugu, disclosed in a post on X on Thursday that the Authority also received disturbing reports of...
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UK Funds Aviation Safety: ICAO Receives £1.4m Boost

09.07.2025
The Government of the United Kingdom has announced a voluntary contribution of approximately CAD 2.2 million to the International Civil Aviation Organisation, reinforcing its commitment to aviation safety, environmental sustainability, and the strategic transformation of the UN agency. According to a report by ICAO, the funding will support the safety and sustainability pillars of its...
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Interswitch Drives Propertytech Innovation in Real Estate

09.07.2025
Interswitch, a leading African technology company, has reaffirmed its commitment to cross-sector innovation as an Associate Partner at the recent sixth edition of the Lagos State Real Estate Fest. The event brought together stakeholders, including property developers, investors, government representatives, urban planners, project financiers, architects, and technology providers, to discuss the future of Nigeria’s real...
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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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