Latest news

Latest News

NSA plans joint security screening at airports

The Office of the National Security Adviser has directed the implementation of a one-stop joint-interest screening system across Nigerian airports. This directive came as part of efforts to calm the rising call for the elimination of operational clumsiness, curb touting, and streamline security engagement with passengers in the aviation industry. The NSA, Nuhu Ribadu, said...
Read more

Cadbury reverses losses with N5.97bn profit

Cadbury Nigeria Plc has reported a profit after tax of N5.97bn for the first quarter ended 31 March 2025, marking a significant recovery from the N7.32bn loss posted in the corresponding period of 2024. The turnaround was driven by a 57 per cent surge in revenue, which rose to N37.23bn in the first quarter of...
Read more

NGX loses N116bn as market cap dips

The Nigerian Exchange Limited closed Tuesday’s trading session in the red, as investors booked profits on key tickers including MTN Nigeria Communications Plc, Livestock Feeds Plc, and Multiverse Mining and Exploration Plc. The sell-off led to a decline of N116bn in market capitalisation. The All-Share Index fell by 0.17 per cent to close at 97,978.02...
Read more

Edo eyes investors at investment forum

At the recently concluded Edo State Investment Forum, organised by Foreign Investment Network in Dubai, a major turning point was set in motion, with plans to attract investors to the state. Organisers of the forum disclosed this in a statement on Tuesday, adding that the Oba of Benin, His Royal Majesty,  Omo N’Oba N’Edo Uku...
Read more

Guinness Nigeria celebrates 75 years of operations

Guinness Nigeria Plc has announced that it is marking a monumental 75 years of operation, celebrating a legacy steeped in heritage, innovation, and its deep-rooted bond with the Nigerian people. Founded in 1950, the company opened its first brewery in Lagos in 1962, making it the first Guinness brewery outside of Ireland and the UK....
Read more

Customs 4% FOB levy will weaken industries – MAN

The Manufacturers Association of Nigeria has warned that the country risks weakening its industries if the Nigeria Customs Service reintroduces the suspended four per cent Free-on-Board levy. Director-General of MAN, Segun Ajayi-Kadir, in a statement on Monday, said the levy would “inflict catastrophic consequences” on the already fragile manufacturing sector and undermine national industrial goals....
Read more

Public sector deficit, threat to $1tn economy goal – OPS

The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture, and the Organized Private Sector of Nigeria have said that Nigeria’s massive public sector deficit is the biggest threat to the Federal Government’s goal of transforming the country into a $1tn economy by 2030. In a statement, NACCIMA President, Dele Oye, charged the Federal...
Read more

FIRS commits to gender-responsive planning, budgeting

The Federal Inland Revenue Service has pledged to integrate gender-responsive planning, budgeting, and data reporting across its operations as part of efforts to strengthen inclusive governance in Nigeria’s tax system. Speaking at the official launch of the FIRS Gender Desk and Women Network on Tuesday in Abuja, the Executive Chairman of the FIRS, Dr Zacch...
Read more

Telcos order $1bn network equipment from China – NCC

Telecom operators have ordered over $1bn in network infrastructure from original equipment manufacturers in China to overhaul and upgrade the quality of service, the Nigerian Communications Commission said on Tuesday. While the telecom equipment has yet to arrive, be cleared, or be deployed in-country, the move signals a return to capital investment in the sector...
Read more
1 738 739 740 741 742 1,127

Must Read

Popular Posts

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...