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Equity market extends gains with N504bn

25.12.2024
The Nigerian equity market sustained its bullish trend at the end of trading on Tuesday, adding N504bn to its market capitalisation, which now stands at N62tn. The All-Share Index gained 0.82 per cent, to close at 102,186.03. This reflects a one-week gain of 2.13 per cent, a four-week gain of 4.66 per cent, and a...
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Lafarge Africa posts N57.3bn nine month profit

25.12.2024
Lafarge Africa Plc has reported a profit after tax of N57.3bn for the nine months ended September 30, 2024, marking a 46 per cent increase from the N39.3bn recorded in the corresponding period of 2023. This growth was attributed to higher revenue, effective cost management, and increased operational efficiency during the review period. In the...
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SEC to implement global fintech regulations

25.12.2024
The Securities and Exchange Commission has announced plans to implement global-ready fintech regulations to ensure Nigeria’s fintech sector aligns with international standards. According to a statement made available to our correspondent on Tuesday, the SEC Director-General, Emomotimi Agama, made these statements during a meeting with participants in the Regulatory Incubation and Accelerated Regulatory Incubation Programme....
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NERDC approves first indigenous entrepreneurship teaching tools

25.12.2024
The Nigerian Educational Research and Development Council has approved the first indigenous tools for learning entrepreneurship and skill acquisition in Nigeria at both primary and secondary schools. This followed the push to revamp primary and secondary education in Nigeria and to make it more functional in preparing pupils with relevant skills and knowledge for productivity...
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Verticul, partner to equip Africans with AI skills

25.12.2024
Verticul, an innovative e-learning platform developed by Unify, one of Africa’s top 50 Edtech startups, has partnered with DecisionSpaak Technologies, a provider of advanced technology solutions, to launch a groundbreaking course on Artificial Intelligence. According to a statement, Verticul, Unify’s flagship platform, offers affordable courses to equip young Africans with market-ready skills, boosting their employability...
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Bankit Africa introduces new mobile app

25.12.2024
A Pan-African fintech company, Bankit Africa, has introduced a mobile banking app in Nigeria, aimed at transforming the financial services landscape. A statement from the firm said that the mobile banking app is designed to empower customers to take control of their financial lives and offers a wide range of revolutionary financial solutions, providing users...
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Greenwich Group rewards 45 staffers on 30th anniversary

25.12.2024
Financial solutions provider Greenwich Group is marking its 30th anniversary, just as its subsidiary, Greenwich Merchant Bank, boasts of an N146bn asset base. To commemorate the anniversary, the group hosted a dinner event in Lagos to appreciate its loyal clients and customers who have been part of the journey, as well as express its deep...
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CWT partners World Bank to empower women traders

25.12.2024
Connecting One Million Women Who Trade initiative has partnered with the World Bank to empower one million women traders globally. The initiative, according to a statement on Tuesday, was launched in Lagos to break gender barriers and foster economic growth through trade. CWT said it will focus on creating a network of 10,000 business associations...
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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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