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Emirates declares $2.8bn half-year profit

13.11.2024
The Emirates Group has reported a $2.8bn profit before tax for the first six months of 2024, describing it as its best-ever half-year financial per­formance. This performance surpassed its profit-before-tax record for the same period last year. A statement by the media con­sultant to the airline in Nigeria stated this is the first financial year...
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Stakeholders seek more gas production in Nigeria

13.11.2024
Stakeholders have identified gas as key to Nigeria’s economic development, seeking more gas production for domestic use. The stakeholders spoke at the just concluded 14th Annual Conference of the Nigeria Liquefied and Compressed Gases Association in Lagos.  At the conference, industry leaders, policymakers and stakeholders explored the transformative role of gas in Nigeria’s economic growth....
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Bilateral trade between Nigeria, China hits $15bn

13.11.2024
China’s imports from Nigeria increased by 36.1 per cent between January and September as bilateral trade between the two countries reached $15.1bn within the period, the acting Consul-General of China, Mr Jin Mingyu, has said. Mingyu disclosed this in Lagos during a civic reception organised to welcome the arrival of the first vessel on COSCO’s...
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KFC unveils new Nigerian flavours

13.11.2024
KFC Nigeria has unveiled its latest menu additions, the ‘New Naija Flavours,’ designed to cater to the local palate with options like the Suya Zinger, Pepe Zinger, and Suya Chicken. The company noted that these offerings highlight its commitment to serving flavours that resonate with local taste preferences while retaining KFC’s global appeal. In a...
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Japan deepens trade relations with Nigeria

13.11.2024
Japan has expressed its commitment to enhancing trade relations with Nigeria, following its participation at the recent Lagos International Trade Fair. The Managing Director and Trade Commissioner for the Japanese External Trade Organisation, Tokashi Oku, in a statement, conveyed Japan’s optimism for a stronger partnership between the two countries in future trade fairs. At the...
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Tanzania strengthens trade relations with Nigeria

13.11.2024
The Tanzania High Commission in Nigeria has stated his country is dedicated to strengthening trade and bilateral ties with Nigeria and other West African nations following the recently held Lagos International Trade Fair. In a statement, the acting High Commissioner of the United Republic of Tanzania to Nigeria, Judica Nagunwa, said Tanzania’s participation in the...
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WFE urges regulators to adopt AI

12.11.2024
The World Federation of Exchanges has said that regulators across the globe need not be unsettled by Artificial Intelligence, pointing out that not embracing it might mean greater risks for investors in the long run. WFE, which is the global industry body for exchanges and clearing houses, disclosed this in a paper on the opportunities...
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PZ Nigeria appoints new CFO

12.11.2024
Multinational consumer goods company, PZ Cussons Nigeria, has announced the appointment of Mr. Oludare Elusakin as its new Chief Financial Officer with effect from Monday. A corporate notice filed with the Nigerian Exchange Limited on Monday indicated that Elusakin’s appointment followed the expiration of the contract of the interim CFO, Mr Brian Egan. According to...
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Top3 Solutions begins training for business owners

12.11.2024
Investment advisory firm, Top3 Solutions, in partnership with the Institute of Certified Business Consultants Nigeria & Namibia and Optiss Ventures, has officially launched what it called the National Business Masterclass. The NBM project launched in Lagos recently plans to impact over 650 business owners across Nigeria, providing them with expert guidance and practical tools to...
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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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