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Stanbic IBTC Pension announces digital channel downtime

Stanbic IBTC Pension Managers Limited has announced the early closure of some branches and a temporary disruption of its digital services due to a planned system maintenance exercise. The company disclosed in an E-mail sent to its customers on Wednesday that affected branches would close by noon, December 6, while its contact centre would remain...
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Qore recognises Moniepoint as best fintech

Moniepoint has been named the “Overall Best Fintech in Digital Banking Solution Delivery” in the OFI Category at the NEXUS 2024 awards, organised by Qore. The recognition, disclosed in a statement on Wednesday, underscores the company’s contributions to transforming digital banking services and promoting financial inclusion across Nigeria and Africa. The award was presented during...
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Auction seized 753 duplexes, housing group urges govt

The Housing Development Advocacy Network has called for the auction of the 753 duplexes seized by the Economic and Financial Crimes Commission recently. In a statement, the group called for the government to auction the properties transparently and channel the proceeds into social housing for Nigerians. The Executive Director of the Housing Development Advocacy of...
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Naira sustains gains on new EFXM platform

The naira has continued to strengthen on the official trading window, the Nigerian Autonomous Foreign Exchange Market, as the Central Bank of Nigeria launched the new Electronic Foreign Exchange Matching System this week. According to data on the CBN website on Thursday, the naira closed trading at 1,567/$ compared to the closing rate of Wednesday...
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Cocoa price rises to N15m per tonne – CRIN

Cocoa Research Institute of Nigeria in Ibadan, Oyo State, on Thursday, announced that the price of cocoa reached an all-time high of N15m per tonne as against its price of N1.8m in January 2024. The Executive Director of the institute, Patrick Adebola, made this announcement while addressing newsmen at a joint press conference to mark...
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Ex-Ohanaeze leader urges Tinubu to address cash scarcity

An Igbo leader and former President of Ohanaeze Ndigbo in Spain, Chief John Nduwuisi, has appealed to President Bola Tinubu to direct the Central Bank of Nigeria to tackle the lingering cash scarcity affecting Nigerians. In a statement issued on Thursday in Abuja, Nduwuisi expressed concern over the difficulties Nigerians face in accessing their funds...
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W’Bank, FG partner on digital skills project

Krystal Digital Solutions Limited on Thursday launched the second cohort of its digital skills training programme, a key component of the World Bank-supported Innovation Development and Effectiveness in the Acquisition of Skills project. The IDEAS project is part of the Federal Government’s broader strategy, through the Ministry of Education, to address skill gaps in Nigeria’s...
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MDAs without IPPIS won’t get 2025 budget approval – FG

The Federal Government has issued a stern directive stating that Ministries, Departments, and Agencies that fail to enroll in the Integrated Personnel and Payroll Information System will be excluded from the 2025 personnel budget. This is according to findings from the 2025 budget call circular issued to MDAs and seen by The PUNCH. The document...
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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...