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ASULAND elects new officers

20.11.2024
The Association of University of Liberia Alumni in Nigeria and Diaspora has elected new executive officers. A statement signed by ASULAND’s Social Secretary, Benjamin Osibodu, noted the appointment of Mr Kola Abdul as President, Mr Israel Okujagu as Vice President, and Mr Taiwo Awoniyi, was elected as the General Secretary. Others include Mr Tammy Amadi...
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Firms partner to cut forex spending on healthcare

20.11.2024
The Indian Muslim Association of Nigeria and Starcare International Hospital have called for strategic partnerships with Nigerian authorities to curb the nation’s rising expenditure on foreign medical treatments. According to data from the Central Bank of Nigeria, Nigerians spent about $7.43m on foreign healthcare-related services between June 2022 and June 2023. This expenditure highlights a...
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Stakeholders seek policies to drive SMEs growth

20.11.2024
Stakeholders have advocated for the formulation and execution of comprehensive policies designed to stimulate the growth of small and medium-sized enterprises. They emphasised the need to create an enabling environment that supports the expansion of SMEs into robust, competitive, and sustainable ventures. The call was made at the Masterpiece Resource Development Centre Annual Entrepreneurs Conference...
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Access ARM expands financial literacy campaign

20.11.2024
Access ARM Pensions has expanded its flagship corporate social responsibility initiative, Shape Your Future, to 100 schools across Nigeria. This programme which is in its second year is aimed at fostering financial literacy among young primary and secondary school students by equipping them with practical financial management skills, laying the groundwork for long-term financial independence....
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Naira drops to 1690.37/$ as dollar supply falls

20.11.2024
The naira weakened by 2.31 per cent or N38.12 on Monday at the National Autonomous Foreign Exchange Market to N1690.37/$ compared to 1652.25/$ that it had closed the previous week at. According to FMDQ data on Monday, the daily turnover stood at $173.14m, indicating a 42 per cent decline from $296.63m on Friday. At the...
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Tackle market distortions by government agencies, UK tells Nigeria

20.11.2024
The United Kingdom has urged Nigeria to expedite its economic reforms by addressing market-distorting practices linked to state-owned enterprises, which it says hinder trade and investment. This call was made by Simon Manley, the UK’s Permanent Representative to the World Trade Organisation, during Nigeria’s Trade Policy Review in Geneva on Monday. Manley praised Nigeria for...
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Nigeria’s debt to IDA hits $17bn – Report

20.11.2024
Nigeria has retained its position as the third-largest debtor to the World Bank’s International Development Association, with its exposure climbing to $17.1bn as of September 30, 2024. According to the World Bank’s latest financial statements for the fiscal year up to September 2024, Nigeria’s debt to the IDA rose by $600m in three months from...
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Barge operators handled four million containers – Official

20.11.2024
The President of the Barge Operators Association of Nigeria, Mr Olubunmi Olumekun, has stated that between 2019 to date, the group has employed 26,000 persons and handled over four million twenty-foot equivalent containers across Nigeria’s waterways. Olumekun disclosed that the containers handled within the period under review include imports, exports, and other cargo entries adding...
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Aig-Imoukhuede Foundation seeks nominations to transform PHCs

20.11.2024
A philanthropic non-profit organisation, Aig-Imoukhuede Foundation, has announced a nationwide call for nominations to revitalise primary healthcare centres as part of the Adopt-A-Healthcare-Facility Programme. A statement from the foundation recently said that the initiative was facilitated by the Private Sector Health Alliance of Nigeria. The ADHFP is a public-private partnership that empowers individuals and organisations...
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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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