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Firm unveils strategy for product industry

20.05.2025
Innovate Africa Fund and the Lagos State Employment Trust Fund have highlighted plans to equip over 500 tech innovators to tap into Africa’s product ecosystem, which is worth over $500bn. Speaking at a Zoom meeting on Friday to herald the World Product Day 2025, scheduled to be held on May 21 in Lagos, the organiser...
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LivingTrust Mortgage Bank wins award

20.05.2025
LivingTrust Mortgage Bank Plc has clinched the prestigious Development Bank of Nigeria Innovation Award in the Other Financial Institution category for the financial year 2024. In a statement on Monday, the award, presented by DBN, a development finance institution owned by the World Bank, African Development Bank, European Investment Bank, French Development Agency, and the...
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Keyamo proposes single African air transport market

20.05.2025
Minister of Aviation and Aerospace Development, Festus Keyamo, has called on African states to move beyond mere policy declarations and take concrete steps toward implementing the Single African Air Transport Market. He announced this at the three-day Plenary Session and the Council of Ministers Meeting, hosted by the Nigerian Civil Aviation Authority in Abuja on...
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Guinness marks 75th anniversary with EPL trophy tour

20.05.2025
Guinness Nigeria has affirmed its commitment to the Nigerian community and football culture with its recently concluded Premier League Trophy Tour across two major cities, Enugu and Lagos. According to a statement, Guinness Nigeria’s tour allowed thousands of football fans to engage with the Premier League silverware. The three-day exercise, held in partnership with the...
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Unilever posts N5.6bn profit in Q1

20.05.2025
Unilever Nigeria Plc has reported a profit after tax of N5.6bn for the first quarter ended March 31, 2025, representing a 65 per cent increase from the N3.4bn recorded in the same period of 2024. The unaudited financial statement filed with the Nigerian Exchange showed that the company posted a turnover of N46.9bn in the...
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Neimeth’s Q1 profit rises 49%

20.05.2025
Neimeth International Pharmaceuticals Plc has recorded a significant increase in profit after tax, rising by 49 per cent in the first quarter of 2025, according to its interim financial report released at the Nigerian Exchange. The company’s profit after tax grew from N77.65m in the first quarter of 2024 to N115.76m in the same period...
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Trade facilitation improves as NPA adopts FG’s growth agenda

20.05.2025
The Managing Director of the Nigerian Ports Authority, Dr Abubakar Dantsoho, has demonstrated the desire to shake up old-fashioned narratives at the nation’s premier maritime agency, a development that is driving trade facilitation and the Federal Government’s strategy of growing exports, ANOZIE EGOLE writes Since his appointment as the Managing Director of the Nigerian Ports...
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Telcos plan virtual network operators summit

20.05.2025
Nigeria’s telecommunications sector, energised by 43 new Mobile Virtual Network Operator licenses, is set for a pivotal gathering as Africa Hyperscalers hosts a high-level summit in Lagos on May 21, organisers said. The event, MVNO Nigeria 2025: Unlocking Growth, Competition & Connectivity, will bring together industry executives to navigate the challenges and opportunities reshaping the...
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FG grants China approval to establish electric vehicle factories

20.05.2025
The Chinese Ambassador to Nigeria, Yu Dunhai, has harped on the imperative of enhanced collaboration between China and Nigeria in unlocking the potential of Nigeria’s Solid Minerals sector through the establishment of electric vehicle factories in Nigeria. Dunhai disclosed this while paying a courtesy visit to the Minister of Solid Minerals Development, Dr Dele Alake,...
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NNPCL refineries not producing enough petrol – DAPPMAN

20.05.2025
The Depot and Petroleum Products Marketers Association of Nigeria has said that its members can only buy Premium Motor Spirit (petrol) from the Dangote Petroleum Refinery, as the refineries owned by the Nigerian National Petroleum Company Limited cannot optimally produce premium motor spirit but naphtha. DAPPMAN’s Executive Secretary, Olufemi Adewole, confirmed this in a chat...
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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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