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Diageo, Tolaram appoint executives to drive expansion

13.03.2025
Diageo and Tolaram have reinforced their leadership in Nigeria’s spirits industry with strategic executive appointments, signaling a new era of innovation, growth, and market expansion. According to a statement issued on Wednesday, this move comes at a pivotal time as both companies deepen their presence in West and Central Africa’s beverage sector. Diageo, a global...
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FG to review bilateral air services agreement with Jamaica

13.03.2025
The Federal Government has started a review of its Bilateral Air Service Agreement process with Jamaica to enable a direct flight arrangement between both countries. The media aide to the Minister of Aviation and Aerospace Development, Festus Keyamo, Tunde Moshood, made this known on Wednesday, referencing a meeting between the Jamaican Ambassador to Nigeria, Lincoln...
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Court dismisses N374bn ginger farmers’ suit against Keystone Bank

13.03.2025
The Federal High Court in Abuja has struck out a N374bn agricultural loan suit brought against Keystone Bank by the Ginger Growers, Processors, and Marketers Association of Nigeria. The presiding judge, Justice Obiora Egwuatu, dismissed the suit, which represented 31,309 farmers’ claims against the bank, on jurisdictional grounds. The suit, which concerns the Anchor Borrowers’...
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Stanbic IBTC Infrastructure Fund backs SIFAX on Ijora Terminal

13.03.2025
The Stanbic IBTC Asset Management, manager of the Stanbic IBTC Infrastructure Fund, has partnered with SIFAX Group of Companies Limited to facilitate the development of an ultra-modern port terminal in Ijora, Lagos. According to a statement from the fund on Tuesday, the partnership with the group’s subsidiary, SIFAX Shipping ICT Limited, will develop the Ijora...
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FCMB empowers 44,278 entrepreneurs with business growth training

13.03.2025
First City Monument Bank has equipped 44,278 entrepreneurs with the essential skills and capabilities to scale and sustain their businesses for long-term success since 2018. According to a statement from the financial institution on Wednesday, the training and empowerment is taking place through its Business Empowerment Sustainability and Training masterclass programme, which takes place nationwide....
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Sunu Assurances eyes H1 N1.19bn profit

13.03.2025
Sunu Assurances Nigeria Plc has projected a profit of N1.19bn for the first half of 2025, according to its earnings forecast filed with the Nigerian Exchange Limited. In a notice filed on the Nigeria Exchange on Tuesday, the company anticipates an insurance revenue of N8.37bn, while insurance service expenses are expected to amount to N2.79bn....
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Bears return to NGX as investors lose N285bn

13.03.2025
The Nigerian Exchange recorded a bearish performance on Tuesday as the market lost N285bn in capitalisation, dragged by losses in key stocks such as MeCure Industries, Associated Bus Company, and Daar Communications. The downturn saw the All-Share Index decline by 454.16 points, or 0.43 per cent to close at 106,167.75 points, extending its one-week loss...
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PENGASSAN pickets Sterling Oil over anti-labour activities

13.03.2025
The headquarters of Sterling Oil Exploration on Victoria Island, Lagos, was shut down on Monday as the leadership of the Petroleum and Natural Gas Senior Staff Association of Nigeria protested against the company’s alleged anti-labour practices, the oil union announced on Tuesday. A statement by PENGASSAN stated that the leadership of the union including workers...
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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
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Man who asked Tinubu to resign admitted in psychiatric hospital

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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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