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70% Lack Access, LAPO Reports

A report from LAPO Microfinance Bank has revealed that over 70 per cent of Nigerian households lack access to affordable loans for water, sanitation, and hygiene infrastructure. According to a statement, Lapo Bank, during a workshop in Lagos on Tuesday, presented findings from its latest WASH Market Research Survey to stakeholders, including development partners, researchers,...
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75 Years of Empowering Education

Stationery company BIC has reaffirmed its commitment to improving education in Nigeria, as it marked the 75th anniversary of its Cristal ballpoint. In a statement, BIC noted that the Cristal ballpoint pen, first produced in 1950 by French inventor Marcel Bich, has sold over 100 billion units and is a staple in classrooms, offices, and...
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Cold Chain Investment: Tackling Nigeria’s Food Losses

Stakeholders in the agricultural sector have called for investment in cold chain infrastructure to address Nigeria’s annual post-harvest losses and boost food security. According to a statement, the stakeholders made the call at the Cold Chain in Agriculture Roundtable 2025, organised by Ecotutu, a cold chain solutions firm, in Lagos. Speaking at the event, industry...
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Airlines Go Digital in 2025

Airport Parking and Hotels, a leading UK airport parking specialist, has released a new report exploring how major global airlines are advancing toward paperless travel in 2025 and beyond. The report evaluates key players, including Emirates, British Airways, easyJet, and Japan Airlines, comparing their approaches to digital transformation. It underscores how these carriers are leveraging...
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MRS Oil Projects N3.95bn Q3 Profit

MRS Oil Nigeria Plc has forecasted a profit after tax of N3.95bn for the third quarter of 2025, driven by a projected revenue of N393.58bn, the company announced on June 4, 2025. According to the company’s Q3 forecast statement of comprehensive income filed on the Nigeria Exchange Limited on Tuesday, MRS Oil expects a turnover...
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Zenith, Access Hit N500bn Target

Only two Tier 1 banks, Zenith Bank and Access Holdings Plc, have surpassed the N500 bn share capital and share premium threshold set by the Central Bank of Nigeria for banks with international licences, Proshare report has revealed. The report, titled ‘Tier 1 Banks Report: Getting Bigger, Braver, and Dominant – The Class of 2025’,...
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Royal Electronics Unveils Brand Ambassadors

Royal Electronics, an electronics and home appliances brand under SIMS Nigeria Ltd, has unveiled actors Kanayo O. Kanayo and Dr Carolyna Hutchings as its brand ambassadors. According to a statement, Royal Electronics unveiled the ambassadors because their personas reflect the brand’s values of “quality, reliability, innovation, and Nigerian pride.” Royal Electronics noted that Kanayo brings...
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Nigeria Floods Ravage 180,000 Farms

Nigeria’s agricultural sector has been severely impacted by climate change and growing insecurity, a new report by SBM Intelligence has revealed. Widespread flooding has affected more than 30 states, leading to the destruction of an estimated 180,000 cultivated farmlands nationwide. The report, published in June 2025, states that since July 2024, 31 of Nigeria’s 36...
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CardinalStone Records N55bn in Nigerian Market Surge

Stockbroking firm CardinalStone Securities Limited performed about N55.5bn worth of transactions in the latest rally on the Nigerian Exchange Limited, which saw the All Share Index hit the historic high of 114,616.75. With this performance, CardinalStone Securities accounted for 37.76 per cent of total market volume and 36.36 per cent of total value traded between...
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Lagos Business School Rises in FT 2025

Lagos Business School, Pan-Atlantic University, has again affirmed its stature as Africa’s premier business school and provider of world-class management education, earning top positions in the newly released Financial Times (FT) 2025 Executive Education ranking. In a statement, it was revealed that LBS placed 47 out of 95 globally for Custom Executive Education and 49...
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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...