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Chams Plans N3.99bn Rights Issue

Chams Holding Company Plc has concluded arrangements to raise N3.99bn from the Nigerian capital market through a rights issue aimed at strengthening its capital base and funding its operations. According to a market bulletin issued by the Nigerian Exchange Limited on Monday, the company has submitted an application for the approval and listing of 2,348,030,000...
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Nigeria’s ‘Buy Made in Nigeria’ Policy Cri

The Nigeria Employers’ Consultative Association has said that the recently mooted ‘Buy Made in Nigeria Policy’ of the Federal Government is directly violating the African Continental Free Trade Agreement protocols, which Nigeria is a signatory to. The Director-General of NECA, Adewale Oyerinde, stated this in Lagos on Monday during a press conference to announce the...
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Meta Launches Paid Channels & Promoted Content

Meta has unveiled a set of new monetisation tools on WhatsApp, aimed at helping creators, businesses and organisations expand their reach and generate revenue via the app’s updates tab. In a statement released on Monday, the tech giant announced the introduction of three key features: Channel Subscriptions, Promoted Channels, and Adverts in Status. These updates...
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Cyber Defence System Unveiled for Fintechs

Cybersecurity firm DevSecFlow has unveiled its advanced security operations platform, SECOYA, designed to offer intelligent, efficient, and scalable cyber defence capabilities for financial institutions and highly regulated organisations across the country. The disclosure was made on Sunday in a statement, following an exclusive executive breakfast session hosted by the company on Wednesday, June 11, 2025,...
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Air Peace Summoned: Ticket Refund Complaints

The Federal Competition and Consumer Protection Commission has summoned the management of Air Peace Limited following multiple complaints from passengers regarding non-refunded ticket fares, even in cases where the airline cancelled scheduled flights. In a formal notice dated June 3, 2025, the Commission ordered Air Peace to appear at its Abuja headquarters on Monday, June...
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Lekki Port Protest: Tanker Drivers Halt Loading

Petroleum tanker drivers have taken to the streets to protest the N12,500 parking fee imposed on them by the Lagos state government through the Electronic Call-up Systems Company. The drivers on Monday were joined by other truckers to include lifters of petroleum products from the Dangote refinery, as well as transporters of cargoes from the...
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Smart Tips to Build Yours in Nigeria

Building an emergency fund in Nigeria is essential but challenging due to factors like irregular income, inflation, and cultural financial obligations. However, individuals can start small by saving consistently, opening a dedicated savings account, and automating contributions, TEMITOPE AINA writes An emergency fund is a reserve of money set aside to cover unexpected financial emergencies....
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Create a Lasting Business Brand

Across industries, consumers are making purchasing decisions based not just on price or convenience, but on brand perception, JOSEPHINE OGUNDEJI writes In an increasingly crowded marketplace, brands are no longer just logos or catchy slogans; they are reputations, experiences, and promises. From local startups in Lagos to global tech giants in Silicon Valley, building a...
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Yikodeen Boosts Oil Safety with New Facility

Following its recent investment from Aruwa Capital Management and its participation at the Nigerian Oil & Gas Opportunity Fair in Bayelsa, Yikodeen, an indigenous footwear manufacturer, says it will officially unveil its newly expanded manufacturing facility on June 24. The unveiling, it said, represented a landmark achievement in Nigeria’s local content promotion by the Nigerian...
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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...