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BUA Foods proposes N28 dividend as profits near N520bn

BUA Foods Plc has signalled immense confidence in its operational strategy by proposing a record-breaking dividend payout following a stellar 2025 financial year. The food manufacturing giant announced a proposed dividend of N28 per share, marking a 115 per cent increase from the N13 paid the previous year, as the company’s Profit After Tax surged...
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NSIB & Sierra Leone Deepen Aviation Safety Collaboration

The Nigerian Safety Investigation Bureau and the Sierra Leone Aircraft Accident and Incident Investigation Bureau have signed a Memorandum of Understanding to deepen cooperation in joint investigations, data sharing and capacity building, in a move aimed at strengthening aviation safety across West Africa. The agreement, signed at the NSIB headquarters recently, was contained in a...
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Descasio spotlights women driving enterprise growth

Descasio brought together senior female executives from across its enterprise customer community in Lagos to mark International Women’s Day, using an executive brunch to highlight leadership, collaboration and the role of women in driving organisational growth. The gathering, themed ‘Give to Gain’ in line with the 2026 International Women’s Day focus, created a platform for...
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GTCO posts N1.23tn profit before tax in 2025

Guaranty Trust Holding Company Plc has reported a profit before tax of N1.23tn for the financial year ended December 31, 2025, driven by strong growth in its core earnings despite a decline in profit after tax. The Group disclosed this in its audited consolidated and separate financial statements released to the Nigerian Exchange Group and...
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FCMB Capital Markets Tops FMDQ Fixed Income League

FCMB Capital Markets Limited, the investment banking division of FCMB Group Plc, has officially been crowned the leader of the FMDQ Securities Exchange Limited’s Fixed Income Primary Markets Sponsors’ League Table for the full year 2025. The firm cemented its dominance by raising a staggering N1.53tn in corporate debt capital, outperforming 47 other active institutions...
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New Initiative Aims to Close the Youth Purpose Gap

A new initiative, the OnPurpose Series, has been unveiled to address a growing “purpose gap” affecting young people across universities and communities. Despite increased access to education, career opportunities, and digital resources, many young people today say they feel uncertain about their life direction. While social media often highlights visible success, it rarely reflects the...
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UAC posts N341bn revenue after CHI acquisition

UAC of Nigeria Plc has announced a transformative set of audited financial results for the year ended 31 December 2025, headlined by a 73 per cent surge in revenue to N340.5bn. The Group’s performance was bolstered by the strategic acquisition of C.H.I. Limited and sustained organic growth across its existing portfolio, signalling a new era...
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Nigerian real estate exec Victor Adegbile gets global award

Chief Executive Officer of Land Republic, Victor Adegbile, has received international recognition following his honour at the Leaders Without Borders Annual Business Summit and International Honours held in London, United Kingdom. Adegbile was presented with the Award for Global Excellence and Global Impact in Real Estate Investment and Development Across Africa during the summit, according...
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Dangote exports aviation fuel to UK amid shortages

Nigeria has emerged as an alternative supplier of aviation fuel to Europe as disruptions linked to the US-Iran conflict tighten supplies from the Middle East, with a cargo from the Dangote Petroleum Refinery arriving in the United Kingdom. An impeccable source at the Dangote refinery confirmed the development to our correspondent, saying many European countries...
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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...