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Turnover on FMDQ hits N356tn in 10 months — Report

23.12.2024
In the first ten months of the year, total turnover on the FMDQ Exchange stood at N356.86tn, indicating a 93.01 per cent increment compared to October 2023. This was revealed in the FMDQ Spotlight, the in-house newsletter of the FMDQ Group released recently. These include the turnover on all products traded in the FMDQ secondary...
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Pelican Valley begins short-let service

23.12.2024
A property company, Pellican Valley Nigeria Limited, commenced its short-let service at Ecostay Apartments. In a statement, the company noted that barely 24 hours after it commenced shot-let services for apartments at the Ecostay Apartments, an emerging smart city in the Masa-Kobape corridor of Ogun State, Pelican Valley has recorded a rush of subscriptions by...
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IFRS hails Nigeria’s progress in sustainability reporting

23.12.2024
The International Financial Reporting Standards Foundation has acknowledged the strides made in sustainability reporting in Nigeria. In its latest report, titled ‘Progress on Corporate Climate-related Disclosures – 2024 Report,’ the IFRS Foundation highlighted the Financial Reporting Council of Nigeria for its significant contributions to sustainability reporting in the country. Commenting on the report on Friday...
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Firm reimburses customers affected by security breach

23.12.2024
Financial services technology firm, Patricia Technologies, has begun reimbursing its subscribers who were affected by a security breach on its cryptocurrency trading platform. This was revealed in a recent statement from the firm. Patricia Technologies experienced a major cyberattack in 2022, which resulted in the loss of depositors’ funds amounting to over N600m. Withdrawals were...
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PenCom, finance ministry working to pay retirees – DG

23.12.2024
The National Pension Commission has revealed that it is working with the Ministry of Finance to ensure prompt payment of retirees’ benefits. This was revealed by the Director-General of PenCom, Omolola Oloworaran, during an interactive session with the media in Lagos recently. Responding to a question on accrued rights and the non-payment of retirees’ benefits,...
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BPE wins SERVICOM awards

23.12.2024
The Bureau of Public Enterprises has won Service Compact honours for its service delivery, emerging as one of the country’s best-performing agency in customer service. According to a statement, SERVICOM awarded the BPE Director-General, Ayodeji Gbeleyi, as one of the best Chief Executive Officers supporting SERVICOM initiatives in 2024 at the SERVICOM end-of-year awards ceremony...
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PenOp to introduce new pension service providers

23.12.2024
The Pension Fund Operators Association of Nigeria has said it will introduce four pension service solution providers starting April 1, 2025, to standardise pension remittance in the sector. The Chief Executive Officer of PenOp, Oguche Agudah, made the disclosure during a presentation at the 2024 PenCom Media Conference held in Lagos. The Pension Fund Operators...
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Minister partners NACCIMA to address business challenges

23.12.2024
The Minister of Industry, Trade, and Investment, Dr Jumoke Oduwole, has committed to a partnership with the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture to tackle challenges facing Nigerian businesses. Oduwole committed to working with NACCIMA on Friday at an interactive session with members of the organised private sector, outlining plans to...
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Firm donates borehole to Ibadan community 

23.12.2024
FoodCo Nigeria has donated a borehole to the Yemetu community of Ibadan, Oyo State, capital. According to a statement made available to PUNCH Online on Saturday, the company described the initiative as part of its Corporate Social Responsibility campaign, aimed at providing clean and accessible water to underserved communities in alignment with United Nations Sustainable...
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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...

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04.10.2024
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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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