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PwC projects improved AI adoption in 2025

PwC has said that the adoption of artificial intelligence in 2025 will become accelerated as businesses realise its ability to future-proof their operations. This was disclosed in its 2025 AI Business Predictions published on Wednesday. According to the prediction, PwC said a company’s AI success will be as much about vision as adoption. “That means...
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Oando gets new board chairman as Alake resigns

Oando PLC has announced the appointment of Mr. Ademola Akinrele, a Senior Advocate of Nigeria, as the Chairman of the Board, effective immediately following the conclusion of its Annual General Meeting on December 17, 2024. The appointment followed the resignation of the Alake of Egbaland, Oba Adedotun Gbadebo. According to a statement, the monarch had...
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15,000 Embraced Islam –ACADIP – New Telegraph

The Founder and Pres ident of Academy of Islamic Propagation, ACADIP, Mallam Yusuf Adepoju, yesterday, disclosed that no fewer than 15,000 reverts and returnees have embraced Islam globally. Speaking at a press conference heralding the activities marking the 30th anniversary of ACADIP, in Osogbo, Osun State, on Wednesday, Adepoju stressed that the Islamic group has...
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Lasaco Assurance allots N11bn shares from private placement

Life and general insurance, Lasaco Assurance Plc, has announced the allotment of 9,250,000,000 ordinary shares of 50k each at N1.20 per share from a private placement. This was disclosed in an advertorial published in The PUNCH on Wednesday. The private placement opened on Monday, 23 September, 2024, as approved by the Securities and Exchange Commission,...
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Stanbic IBTC maintains ranking in retail, SME banking

Stanbic IBTC Bank, a member of Stanbic IBTC Holdings, has retained its ranking in the 2024 KPMG West Africa Banking Industry Customer Experience Survey. According to the survey recently released, the lender led for the fourth consecutive year in retail banking with a customer experience score of 75.5 per cent and for the second consecutive...
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MTNN, Transcorp lead as investors gain N507bn

Investors on the Nigerian Exchange gained N507bn at the close of trading on Wednesday, as the market capitalisation surged to N63.56tn from N63.05tn in the previous session. The All-Share Index climbed by 831.91 points, representing a 0.8 per cent increase, to settle at 104,230.73. This reflects a 1.27 per cent week-on-week gain, 6.13 per cent...
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AEDC Boss Clarifies Power Interruption In FCT

Amid the ongoing blackout in the Federal Capital Territory (FCT), the Abuja Electricity Distribution Company (AEDC), Chijioke Okwuokenye has clarified the power interruption in the nation’s capital. Speaking in an interview on Wednesday on Channels Television’s Sunrise Daily program, Okwuokenye said the transmission station was shut down because of an ongoing road project in the...
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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...