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CAP Plc unveils product to improve buildings

Paint manufacturer CAP Plc has unveiled a new product line, Caplux Plaster Primer, designed to tackle dampness in buildings and improve wall preparation for painting. According to a statement by the company, the new primer enhances adhesion between wall surfaces and paint, ensuring a smooth and even finish while protecting against moisture-related damage. It also...
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Flour Mills opens fourth season of Prize for Innovation

Agro-allied company Flour Mills of Nigeria PLC has announced the call for entries for the fourth edition of its FMN Prize for Innovation. In a statement on Thursday, the company said the focus for this season will be livestock farming under the theme ‘Innovative Practices in Livestock Farming in Nigeria,’ thus highlighting its commitment to...
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FG unveils 40 million-dose vaccine storage facility

The Federal Government has unveiled a newly constructed 40 million-dose capacity solar-powered strategic vaccine storage facility in Sheda, along the Abuja-Lokoja Road in the Federal Capital Territory. The facility, built through the Livestock Productivity and Resilience Support Project with support from the World Bank, was inaugurated on Wednesday by the Minister of Livestock Development, Idi...
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Osun partners ambassadors, hosts agric investment conference

The Osun State Ministry of Federal Affairs, in collaboration with the Federal Ministry of Foreign Affairs, has hosted a gathering of over 32 ambassadors and diplomats from various countries to discuss the agricultural potential of the state and how it can be the destination of foreign investors. The state Commissioner for Agriculture and Food Security,...
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Power, FX challenges slowed businesses in January – Report

The latest NESG-Stanbic IBTC Business Confidence Monitor has indicated that frequent power shortages, limited foreign exchange availability, and access to finance were the top challenges for businesses in January. According to the report, despite these challenges, businesses in Nigeria saw a modest performance boost, indicating a better environment and potential growth in 2025, with the...
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CBN retains N100 ATM fee for withdrawals below N20,000

The Central Bank of Nigeria has announced that Nigerians withdrawing less than N20,000 from another bank’s Automated Teller Machine will still be charged a fee of N100 per transaction. This is according to a FAQ document published by the apex bank on its website on Thursday, which provides further information on a new CBN’s directive....
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Nigerian tax laws not conducive for growth — Oyedele

The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has said that the current tax laws in Nigeria are unconducive for growth. Oyedele said this on Thursday at the inaugural Economic Roundtable/2025 macroeconomic outlook event of rating firm Agusto & Co., held in Lagos. After months, the House of Representatives...
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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...