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Nigerian Oil Companies Poised for Deepwater Expansion

20.09.2025
The Executive Secretary of the Nigerian Content Development and Monitoring Board, Felix Ogbe, has urged leading Nigerian oil and gas service providers to channel their expertise into the deepwater segment of the industry, where significant opportunities are opening up. Ogbe made the call during an inspection tour of West African Ventures Nigeria Limited’s fabrication yard,...
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UBA Posts N335bn H1 Profit, Earnings Surge

20.09.2025
United Bank for Africa Plc has released its financial performance for the half-year ended June 30, 2025, which indicated that its profit after tax rose to N335.53bn from N316.36bn in the previous year. The financials filed on the Nigerian Exchange Limited platform on Thursday showed that the bank had remarkable growth across its major business...
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Insurance Act to Boost Nigeria’s GDP

20.09.2025
Industry experts have projected that the Nigerian Insurance Industry Reform Act 2025 will enhance the insurance sector’s contributions to the nation’s Gross Domestic Product. The Act, which was signed into law by President Bola Tinubu in July 2025, is new legislation designed to deepen insurance penetration, strengthen operators’ financial capacity, and restore public confidence in...
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Dangote Cement Boosts Driver Safety with Retreat

20.09.2025
As part of its ongoing commitment to promoting road safety and strengthening best practices in fleet management, Dangote Cement Plc on Thursday hosted a special drivers’ retreat at its Obajana plant in Kogi State. The retreat, according to a statement from the firm, brought together hundreds of Dangote truck drivers and company executives in an...
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Pension-Backed Loans Launched for Nigerian Retirees

20.09.2025
In a bold move to strengthen Nigeria’s consumer credit system and extend financial inclusion to senior citizens, the Federal Government on Thursday launched a pension-backed loan scheme for retirees. The initiative, introduced through the Nigerian Consumer Credit Corporation in partnership with Leadway Trustees and Optimus Bank, is designed to empower pensioners by giving them access...
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Kenya Airways Pays Fine for Passenger Mistreatment in Nigeri

20.09.2025
Kenya Airways has finally paid the sanction fee imposed by the Nigerian Civil Aviation Authority after a prolonged dispute over consumer rights violations, including the high-profile case of Nigerian passenger, Gloria Omisore. The airline settled the penalty on Wednesday, September 17, 2025, six months after the sanction was announced. The development was confirmed by the...
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Mouka Promotes Quality Sleep for Student Success in Nigeria

20.09.2025
Mouka, Nigeria’s leading mattress and bedding brand, has launched the 6th edition of the Mouka Award for Excellence in its ongoing commitment to fostering academic excellence and highlighting the role of quality sleep in student achievement. According to a statement to The PUNCH, the initiative, introduced in 2020 as part of Mouka’s fifth CSR pillar,...
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Sterling Bank Awards N2bn Scholarship to 99 Students

20.09.2025
Sterling Bank has unveiled the first 99 beneficiaries of its N2bn Beyond Education Scholarship Fund at its recently held Sterling Leadership Series. The SLS was held at the Alliance Française de Lagos / Mike Adenuga Centre, signalling the kick-off of the lender’s promise to invest in the next generation of Nigerians. Launched earlier this year,...
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Prioritize Community Over Virality, Experts Urge Content Cre

20.09.2025
Industry leaders have urged Nigerian content creators to shift their focus from chasing viral numbers to building strong communities through research-backed and meaningful content. According to a statement, the experts, speaking at the fourth edition of the Nigeria Electronic Media Content Exhibitions and Awards 2025 held recently in Lagos, encouraged more thoughtful content creation. The...
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BOI Accredited for Climate Change Fund in Nigeria

20.09.2025
The Bank of Industry has secured accreditation from the Adaptation Fund as Nigeria’s National Implementing Entity for climate-related development projects. The Adaptation Fund, in its approval notice, said, “Having considered the recommendation of the Accreditation Panel, the Adaptation Fund Board decided to accredit the Bank of Industry of Nigeria as a National Implementing Entity of...
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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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