Author: News Room

PZ Cussons Nigeria Plc returned to profitability in the half year ended November 30, 2025, posting a profit after tax of N21.4bn, a reversal from the N7.0bn loss recorded in the corresponding period of 2024. In its financial statements filed with the Nigerian Exchange Limited on Tuesday, the consumer goods company’s unaudited interim results showed that revenue rose by 33 per cent to N127.9bn from N96.5bn a year earlier, reflecting improved pricing, volume growth and stronger market conditions. Operating profit stood at N38.0bn, compared with an operating loss of N3.3bn in the prior period. Profit before tax came in at…

Nigeria’s 2–1 victory over Tanzania in their 2025 Africa Cup of Nations Group C opener was underpinned by a commanding display from Semi Ajayi, whose all-round performance earned him the official Man of the Match award from CAF and set the platform for the Super Eagles’ winning start, PUNCH Sports Extra reports. Ajayi opened the scoring in the 36th minute, rising highest to glance Alex Iwobi’s corner into the far corner after sustained Nigerian pressure. It was the centre-back’s only attempt of the match, but it proved decisive, with his single shot also his only effort on target. Speaking after…

Senior Product Manager at Fincra Technologies, Oladipupo Bolaji, says Nigeria’s push towards digital transformation will continue to fall short unless organisations place Product Managers at the centre of their strategy. Bolaji said many businesses are heavily investing in digital tools, engineering talent and automation but still struggle with slow delivery, unclear priorities and products that fail to meet customer needs. The issue, he noted, is not the technology itself but the absence of strong product leadership. “A Product Manager sits where the customer, the business, the industry and the technology meet,” he said in a note to The PUNCH. “They…

DWF Labs, a cryptocurrency-focused market maker, has expanded into physical commodities after settling its first physical gold transaction, a rare move for a crypto-native company as precious metal prices continue to break record highs.On Monday, managing partner Andrei Grachev said DWF Labs had “just settled our first gold trade,” describing it as a test tranche involving a single 25-kilogram gold bar. Grachev said the company plans to scale the operation, with ambitions to trade physical silver, platinum and cotton.Notably, the transaction was completed using conventional bullion custody and settlement infrastructure, rather than blockchain-based rails. Source: Andrew GrachevThe move stands out…

Jen Affleck showed off her figure after welcoming baby no. 3 in a sexy bikini. Jen, 26, took to Instagram on Monday, December 22, to show off her bikini body after giving birth to her third baby in July, whom she shares with husband Zac Affleck. She sizzled in a dark set featuring halter straps and round ups that were connected by a gold metal ring. Jen made her look even hotter with coordinating bottoms, complete with a high-cut silhouette and a matching ring on her hip. The Secret Lives of Mormon Wives star stunned with glowy makeup while giving…

The Abia State Government restored electricity to 33 communities in Ukwa West Local Government Area on Monday, ending a nine-year power outage. Speaking at a ceremony in Obehie, organised by the state government to mark the formal power switch-on, Governor Alex Otti of Abia State assured the people of a reliable power supply going forward. Mr Otti said that the intervention fulfilled a promise he made in March to reconnect the affected communities to the electricity supply. He expressed confidence in the project’s sustainability, commending the Chief Executive Officer of Geometric Power Limited, Bart Nnaji, for his resilience and long-term…

The Economic and Financial Crimes Commission, EFCC, will, on Wednesday, arraign Yakubu Adamu, Commissioner of Finance, Bauchi State, over alleged N4.6 billion money laundering. Adamu, alongside a firm, Ayab Agro Products and Freight Company Ltd, will be arraigned before Justice Emeka Nwite at the Federal High Court in Abuja on a six-count money laundering charge marked FHC/ABJ/CR/694/2025. Adamu and his co-defendant were to take their plea on Tuesday but the case could not proceed due to the absence of the EFCC’s lawyer and the defendants. However, the defendants’ team of lawyers, led by Chief Gordy Uche, SAN, was in court.…

The President of the Senate, Godswill Akpabio, has announced automatic employment for the two sons of his police rider, Deputy Superintendent of Police Hussani Ibrahim, who died in a motor accident on the Lagos–Ibadan Expressway on Sunday. Akpabio made the announcement on Tuesday on the floor of the Senate while formally informing lawmakers of the officer’s death. The late DSP Ibrahim, who served as the Senate President’s rider, according to a Premium Times report, was killed on Sunday when a petrol tanker rammed into Akpabio’s convoy. The incident reportedly occurred in Ibadan, the Oyo State capital, after the Senate President…

Two people have lost their lives, while 19 others sustained injuries in an accident along the Lokoja-Okene road on Tuesday. The Sector Commander of the Kogi State Command of the Federal Road Safety Corps, Tenimu Etuku, confirmed this in a statement to PUNCH Metro in Lokoja. Etuku stated that four of the 19 survivors sustained various degrees of injuries, ranging from bruises to fractures, and have been rushed to a nearby hospital for medical attention. He attributed the cause of the accident to excessive speeding. He said, “From the manifest, the ill-fated bus reportedly left Kano on Monday evening, heading…

Tomorrow is Christmas, a Christian holiday celebrated worldwide. From the start of the month, the greetings have changed. You’ll hear people say, ‘Season’s greeting’ or ‘Compliment of the Yuletide’ or ‘Merry Christmas in advance’. The time-honoured ‘Father Christmas’ viewing wasn’t missing this year as many schools, churches and media outfits organised Father Christmas Grottos, where children pay a token sum to visit Father Christmas, who also shares gifts with the visitors. Some organisers make it part of their end-of-the-year party with a DJ on hand to dish out good, danceable songs and music to visitors’ delight. Some organisations partner with…