Business Archives
Politics
Spice
Special
Features
Education
Sex &
Relationship
Interview
Columns
Opinion
Advertise with us
ID) . ‘?utm_source=news-flash&utm_medium=web”> Download Punch Lite App
–>
November 2, 2026 12:39 am
FG saves N3.56tn despite borrowing
November 2, 2026 12:39 am
Solid minerals revenue hits N101bn in nine months
November 2, 2026 12:38 am
Reps propose N500m fine for illegal data transfers
November 2, 2026 12:13 am
NITP urged to reclaim regional role
November 2, 2026 12:12 am
Developer calls for reforms to accelerate housing delivery
November 2, 2026 12:11 am
Lagos engages 250 youths on riverine community devt
Bad money habits that keep people poor
November 2, 2026 12:43 am
Omatseye, NIMASA trade words over vessel fund
Business & Economy
LASACO ownership structure shifts after N18.5bn rights issue
Insurance
FirstBank, Pointek partner to boost digital inclusion via financing
Money
Linkage Assurance grows assets to N100.8bn as profit surges
Insurance
Sanwo-Olu flags rising Ikeja housing cost
Homes & Property
FG saves N3.56tn despite borrowing
The Federal Government and other tiers of government set aside a combined N3.56tn as savings from Federation Account revenue between January and September 2026, despite the Federal Government’s incr…
Solid minerals revenue hits N101bn in nine months
Nigeria’s solid minerals revenue rose by 95.2 per cent to N101.11bn in the first nine months of 2026, compared with N51.79bn recorded in the corresponding period of 2025, as increased mineral royalt…
Reps propose N500m fine for illegal data transfers
A bill before the House of Representatives has proposed a 10-year prison term and a minimum fine of N500m for anyone who transfers strategic payment transaction data outside Nigeria without regulator…
NITP urged to reclaim regional role
The Nigerian Institute of Town Planners has been urged to reclaim regional planning as a central domain of the profession and reposition the planner not merely as a regulator of development, but as a …
Developer calls for reforms to accelerate housing delivery
A modern real estate developer, Mixta Africa, has called for a shift from housing interventions to building a comprehensive housing delivery system with a view to addressing Nigeria’s housing defici…
Lagos engages 250 youths on riverine community devt
The Blue Lagos Sustainability Initiative, in collaboration with the New Generation Directorate, has hosted the Lagos Riverine Community Youth Leaders Dialogue, bringing together 250 young people repre…
Omatseye, NIMASA trade words over vessel fund
A former Director-General of the Nigerian Maritime Administration and Safety Agency, Temisan Omatseye, has defended the conversion of the dollar-denominated Cabotage Vessel Financing Fund into naira d…
LASACO ownership structure shifts after N18.5bn rights issue
LASACO Assurance Plc has undergone a significant change in its ownership structure after an N18.47bn rights issue, which strengthened the financial position of the insurer. Currently, two shareholders…
FirstBank, Pointek partner to boost digital inclusion via financing
FirstBank Nigeria has partnered with retail giant Pointek to launch FirstEASE, an innovative buy-now-pay-later financial solution aimed at expanding access to essential mobile devices, electronic gadg…
Linkage Assurance grows assets to N100.8bn as profit surges
Linkage Assurance’s profit after tax rose by 31 per cent to N4.09bn in the nine months ended September 2026, supported by stronger investment and other income despite rising insurance-related costs….
Sanwo-Olu flags rising Ikeja housing cost
The Lagos State Governor, Babajide Sanwo-Olu, has stated that the average cost of land in Ikeja is slightly above N3m per square metre, making it difficult for low-income earners to live around that e…
Epicure Insurance Brokers marks decade with growth, digitisation ambitions
Epicure Insurance Brokers Limited has outlined plans to expand its scope of services, accelerate digitisation and deepen insurance penetration in Nigeria as the company marks its 10th anniversary at a…
VFD Group nine-month profit jumps 96% to N13bn
VFD Group Plc has reported a 96 per cent year-on-year increase in profit after tax to N13.00bn for the nine months ended 30 September 2026, up from N6.63bn recorded in the corresponding period of 2025…
Consolidated Hallmark’s assets rise 47% to N111.6bn
Consolidated Hallmark Holdings Plc’s total assets rose by 47 per cent to N111.62bn as of September 2026, from N75.94bn at the end of December 2025, as the insurance group expanded its financial inve…
PZ Cussons shareholders approve N9.926bn dividend
Shareholders of PZ Cussons Nigeria Plc, a leading manufacturer of personal healthcare products and consumer goods, have unanimously approved a final dividend payout of N9.926bn for the 2026 financial …
Haldane McCall profit jumps 30% on asset expansion
Haldane McCall Plc has reported a 30.2 per cent increase in net profit to N540.87m for the nine months ended September 2026, driven by revenue expansion and increased investments in its property devel…
Aradel returns to net cash position as EBITDA hits N2.1tn
Aradel Holdings Plc generated N2.46tn in operating cash flow in the first nine months of 2026, moving from a net debt position of N475.1bn at the end of last year to a net cash position of N532.3bn in…
Fidelity Bank repays $400m Eurobond after five years
Fidelity Bank Plc has repaid its $400m Eurobond at maturity after five years, with the repayment reportedly financed entirely from the bank’s internal liquidity resources. The development was disclo…
Lagos deploys more manpower, equipment for monthly sanitation
The Lagos Waste Management Authority has deployed manpower and operational equipment to support the October edition of the monthly environmental sanitation exercise across Lagos State, with interventi…
Personal loans hit new high N1.99tn
Nigerians’ outstanding personal loans increased by an estimated N58.5bn in the second quarter of 2026, reaching N1.99tn at the end of June, as households faced persistent inflationary pressures and …
The incoming Chairman of the Nigerian Economic Summit Group, Omoboyede Olusanya, has called for a shift in Nigeria’s economic policy priorities from achieving impressive growth figures to delivering…
Five things to learn from last week’s T-bill auction
The Federal Government’s latest Treasury bill auction offered an insight into its borrowing strategy, investors’ appetite for government securities and the changing direction of interest rates in …
Kenya Airways woos young Nigerian travellers, deepens commitment
Kenya Airways is stepping up efforts to attract younger Nigerian travellers, using visa-free entry into Kenya, daily flights from Lagos and locally prepared meals to strengthen its appeal in the count…
LAWMA begins expansion works at Olusosun dumpsite
The Lagos Waste Management Authority has announced the commencement of stabilisation and extension works on the tipping platforms E1 and E2 at the Olusosun Dumpsite. In a recent statement, the Executi…
AXA Mansard’s nine-month profit jumps 81% to N10.9bn
AXA Mansard Insurance Plc recorded an 81 per cent increase in profit after tax to N10.90bn in the first nine months of 2026, supported by stronger insurance service results and investment income. The …
Nigerian banks are facing pressure to translate the N4.65tn raised through the recapitalisation exercise into increased lending to businesses, particularly manufacturers, following concerns that stron…
China grants Nigeria $30m for grassroots development projects
The Federal Government has signed a $30m grant agreement with China to finance community-based development projects across Nigeria as part of efforts to reduce poverty, improve livelihoods and expand …
Economic growth must improve livelihoods, says new NESG chair
The new NESG Chairman, Omoboyede Olusanya, says Nigeria’s economic policy must focus on improving employment, incomes, and living standards for ordinary ci…
Nigeria hosts $5bn Africa Energy Bank headquarters
Nigeria hosts the formal establishment of the new $5bn Africa Energy Bank, a joint initiative by Afreximbank and APPO to fund African energy projects….
Tax Ombud targets nationwide reach through NIPOST partnership
The Office of the Tax Ombud is partnering with the Nigerian Postal Service to extend its free, independent tax dispute resolution services to all LGAs….
MTN Nigeria has recorded a 55.3% increase in profit after tax to N1.17tn for the nine months ended September 30, 2026, driven by higher revenue….