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Wema Bank Wins Awards for Its Commitment to MSMEs

07.04.2026
Wema Bank has reaffirmed its dedication to scaling Nigeria’s small business sector, describing entrepreneurs as the primary engine for the nation’s sustainable economic growth. This renewed pledge follows a landmark performance at the Global SME Banking Innovation Awards 2026, where the bank emerged as a double winner. The institution took home the titles of SME...
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Experts Cite Barriers to Nigerian Aviation Investment

07.04.2026
A former Rector of the Nigerian College of Aviation Technology, Zaria, Samuel Caulcrick, has identified economic instability, high operating costs, and weak investor confidence as key reasons foreign investors continue to shy away from Nigeria’s aviation sector. Speaking on the investment climate, Caulcrick said while Nigeria has made efforts to attract investors, the country has...
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Bakers Summit Focuses on Sustainability & Digital Growth

07.04.2026
Munro Icing Sugar hosted a landmark gathering of entrepreneurs and stakeholders in Lagos under the theme ‘Bakers Who Brunch: Rising Beyond the Oven’. The event served as a masterclass in commercial sustainability for the nation’s rapidly growing confectionery sector. The initiative marks a significant shift in how ingredient manufacturers engage with the value chain, moving...
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Ecobank Nigeria Ensures Digital Banking for Easter Rush

07.04.2026
Ecobank Nigeria has announced a comprehensive readiness plan to ensure that its customers enjoy seamless and secure financial services throughout the Easter public holidays. The bank, a key subsidiary of the pan-African Ecobank Group, stated that its robust digital infrastructure has been optimised to handle the anticipated surge in transaction volumes typically associated with the...
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Nigeria’s non-oil revenue now 75% of federation funds

07.04.2026
Nigeria has achieved a major fiscal milestone, with non-oil revenue now accounting for 75 per cent of federally collected funds, marking the end of a 14-year dependence on crude oil, according to a March 2026 report by Quartus Economics. The report showed that the country’s revenue structure has shifted dramatically. Tax revenue now contributes 87...
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Energy Costs Drive Cement Price Increase to N12,000 in Niger

07.04.2026
Energy costs have driven cement prices to about N12,000 per bag, according to private sector operators who are concerned that the trend is squeezing construction activities nationwide. These experts attributed the recent spike in cement prices in Nigeria from about N11,000 and N11,500, depending on the area of purchase, to around N12,200 per bag, blaming...
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Fuel Marketers’ Earnings Crash 60% in Nigeria’s Downturn

07.04.2026
Publicly quoted fuel marketing companies recorded a sharp decline in profitability in 2025, with earnings indicators falling by between 60 and 70 per cent, highlighting the growing challenges in Nigeria’s rapidly transforming downstream petroleum sector. This was disclosed in the Nigeria Energy Downstream Industry Report 2025, which noted that the sector, despite undergoing a historic...
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DYQUE Energy unveils solar dealership scheme for projects

07.04.2026
DYQUE Energy has launched what it described as Nigeria’s first integrated mega dealership programme—a new partnership framework aimed at unlocking billion-naira solar and hybrid energy projects across the country. According to a statement on Monday, the initiative was unveiled at the DYQUE Energy Business Summit 2026 in Lagos, bringing together mega dealers, engineering, procurement, and...
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SFS Real Estate Posts N4.1bn Profit in a 762% Surge

07.04.2026
One of the country’s listed real estate investment trusts, SFS Real Estate Investment Trust, reported a striking 762 per cent increase in profit to approximately N4.1bn for the 2025 financial year, a performance that is rapidly reframing how investors view property as an asset class. In a press release on Tuesday, the scheme stated that...
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Orile-Agege boosts waste collection with N12m loan to PSPs

07.04.2026
In a bid to strengthen waste collection in Orile-Agege, the Orile-Agege Local Council Development Area of Lagos State has disbursed a total of N2m each to six private sector participants, totalling N12m. The Executive Chairman of Orile-Agege LCDA, Idowu Abiodun, disclosed this on Thursday during a collaborative meeting on waste management and environmental sustainability between...
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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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