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Wema Bank’s profit jumps 135% to N102.5bn

31.03.2025
Wema Bank grew its profit before tax to N102.51bn, representing an increase of 135 per cent over the N43.59bn recorded in the corresponding period in 2023. This was according to a statement made available to The PUNCH on Sunday. According to the statement, the bank also proposed a dividend of N1.00 per share on the...
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How SMEs can overcome power challenges, boost growth

31.03.2025
Amid persistent and unpredictable power outages coupled with the impending escalating electricity tariffs, DAMILOLA AINA, delves into viable and innovative alternative energy solutions specifically tailored for small businesses with an asset base of N5m, offering practical strategies to mitigate the detrimental impact of the power crisis on their operations and profitability Small and medium-sized enterprises...
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48-year Land Use Act due for review – Shettima

31.03.2025
The Vice President, Kashim Shettima, says the 48-year-old Land Use Act is due for review and reform. Shettima, represented by the Deputy Chief of Staff to the President, Ibrahim Hadejia, made this known at a recent three-day National Land Conference 2025 in Abuja. The Vice President said the Land Use Act of 1978 had been...
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Terra Gold bags innovation award

31.03.2025
Terra Gold has received the Brand Innovation of the Year award at the 12th edition of the Advertisers Association of Nigeria African Awards 2025. The recognition, according to a statement on Friday, underscores the brand’s commitment to redefining kitchen essentials and its journey of passion, dedication, and relentless pursuit of quality. It stated that from...
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NASS recovers fresh $14m from oil companies

31.03.2025
The National Assembly’s House of Representatives Public Accounts Committee has recovered an additional $14.2m (N21.4bn) from four oil and gas companies in its ongoing investigation into financial discrepancies in the oil and gas sector. This feat followed an earlier announcement on March 16, 2025, of recoveries amounting to N28.7bn ($19.24m), bringing the total amount so...
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Nigeria still far from achieving food security – Don

31.03.2025
The Vice Chancellor of the University of Uyo in Akwa Ibom State, Prof Nyaudo Ndaeyo, says Nigeria is still far from achieving food security. Ndaeyo, a professor of farming systems agronomy in the Department of Crop Science, Faculty of Agriculture, disclosed this while presenting the 111th inaugural lecture of the university on Saturday titled “Farming...
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Embrace voluntary contributions, Leadway Pensure urges Nigerians

31.03.2025
Pension Fund Administrator Leadway Pensure has called on Nigerians to embrace Additional Voluntary Contributions to boost their retirement savings and take charge of their financial future. The company made this appeal during an interactive webinar themed ‘Beyond the Paycheck: Winning Strategies to Boost Your Retirement Savings’. The webinar, designed to provide financial education and practical...
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Heirs Holdings, GIVO Africa tackle plastic waste

31.03.2025
A pan-African investment company, Heirs Holdings, has announced its strategic partnership with GIVO Africa, a climate technology and recycling company, to tackle plastic waste. In a recent statement, Heirs Holdings said the partnership reinforced the company’s deep commitment to driving initiatives that deliver meaningful impact. This initiative will advance Heirs Holdings’ efforts in promoting a...
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Veritas Kapital advocates stiffer anti-corruption measures

31.03.2025
Veritas Kapital Assurance Plc has revealed that the emphasis it placed on anti-corruption and ethical governance in 2024 resulted in zero reported incidents of bribery, corruption, or financial misconduct. This was indicated in the company’s Sustainability Report for the same period filed with the Nigerian Exchange Limited on Friday. NGX encourages sustainability reporting aligned with...
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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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