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Soludo Presents N607bn 2025 Budget To Assembly

Anambra State Governor Charles Soludo yesterday presented a budget proposal of N606, 991,849,118 for 2025 to the House of Assembly. Presenting the budget to the House, Soludo, who tagged the budget “Changing Gears 2.0” with an emphasis on acceleration and execution, stated that it represents a 48 per cent increase compared to the 2024 budget...
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Wema Bank Empowers Over 40 SMEs For Export Trade Academy

Wema Bank has equipped Nigerian Small and Medium Enterprises (SMEs) with essential skills, insights, and resources for entering and thriving in the global market. The Wema Export Trade Academy, which hosted over 40 participants in its first cohort, highlighted the bank’s commitment to enhancing Nigeria’s economic landscape by opening new global opportunities for local businesses....
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MTN Seeks Partnership With LEO On Rural Connectivity

Africa’s biggest mobile operator, MTN, is exploring partnerships with low-Earth-orbit (LEO) satellite providers to bring internet connection to rural and remote customers in particular, Group CEO, Ralph Mupita said. Satellite-internet has become an alternative connectivity solution across Africa with the popularity of providers such as Starlink, operated by Elon Musk’s SpaceX. LEO satellites provide high-speed...
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Wike Approves N1.1bn Compensation For Property Owner

Federal Capital Territory (FCT) Minister, Nyesom Wike, has approved the release of N1.1 billion for compensation to the people whose property were affected by the ongoing dualisation of Kuje Road in the federal capital city. The Minister, who visited the site yesterday, said necessary actions would be taken on the issue, so that the contractors...
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PalmPay begins anti-fraud awareness week

To commemorate the upcoming International Anti-Fraud Awareness Week, PalmPay, a financial institution in Nigeria, is launching a series of community-focused initiatives to educate the public on fraud prevention and digital security. The highlight of this initiative is a community walk themed “United Against Fraud: Building a Safer Future”, set to take place across Lagos on...
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Wema Bank empowers SMEs

Wema Bank, the pioneer of Africa’s first fully digital bank, has concluded the first cohort of its Wema Export Trade Academy. It said the programme equips Nigerian Small and Medium Enterprises with essential skills, insights, and resources for entering and thriving in the global market. The Academy, according to a statement from the bank, hosted...
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FirstBank hosts inaugural China-Africa interbank forum

FirstBank has announced its hosting of the first-ever China-Africa Interbank Association Forum to strengthen economic ties and investments between China and Africa. In a statement made available to The PUNCH on Tuesday, the forum, themed ‘Joining Hands to Advance Modernisation and Strengthening China-Africa Trade, Industrialisation, and Economic Diversification,’ will take place later this month in...
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WAPCO, others boost equity market by N136bn

The Nigerian equity market closed on a positive note on Tuesday, as key stocks, led by Lafarge WAPCO, lifted the market to N136bn gain. The market capitalisation of the Nigerian Stock Exchange increased by 0.23 per cent to close at N59.4tn, while a total of 333,948,810 shares were traded in 9,187 deals, with a market...
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I apologise for saying no heaven without tithe – Adeboye

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

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

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...