January 2025 – Page 42

Fintech firm plans major B2B growth in digital shift

27.01.2025

Nigerian fintech Loma Bank said it is positioning itself to take advantage of Africa’s evolving fintech landscape by focusing on business-to-business growth, as the digital finance sector undergoes significant transformation. The disclosure was made in a note to The PUNCH, where the bank highlighted emerging trends reshaping the sector. Nigeria’s fintech sector is rapidly growing,...

Ododo’s Aides Enumerate One-Year Achievements, Solicit Support

27.01.2025

The Kogi East Forum of Senior Special Assistants (SSAs) has enumerated Governor Ahmed Ododo’s numerous achievements in one year and solicited support for him to deliver more dividends of democracy. The forum’s chairman, Dr Aminu Atabo, who briefed newsmen on Sunday in Lokoja, highlighted some of the achievements to include improved security, infrastructural development, and...

Regulator confirms REX Insurance’s new directors

27.01.2025

The National Insurance Commission has approved the appointments of key executives to the Board of Rex Insurance Limited. The newly appointed executives include Executive Director, Technical, Adesola Akintayo; Chief Financial Officer, Abayomi Kayode; Chief Digital Information Officer, Adeyinka Aderombi; and Head, Underwriting, Kazeem Sulaimon. Speaking on the new appointments, the Chairman, Board of Directors, Dr....

Foundation empowers parents with N48m

27.01.2025

Oyetty Foundation for Special Parents said it spent N48.5m in 2024 on the empowerment of parents of children with special needs in the country, the foundation disclosed in a statement over the weekend. Speaking during its second anniversary in Lagos, the founder of the organisation, Oyetola Akande, said the amount spent was to help the...

Sharjah Festival Of African Literature: Wole Soyinka Honoured With Lifetime Achievement Award

27.01.2025

The first-ever Sharjah Festival of African Literature has celebrated a milestone in African arts and culture by presenting the Lifetime Achievement Award to Nobel Laureate, Professor Wole Soyinka. The award was conferred by Sheikha Bodour Al Qasimi, recognising Soyinka’s extraordinary contributions to African literature and his impact as a global literary icon. The January 24-27...

Baobab supports SMEs with over N323bn loans

27.01.2025

Baobab Microfinance Bank has reaffirmed its commitment to empowering small and medium-sized enterprises and micro-entrepreneurs across Nigeria by disbursing loans worth over N323bn to more than 407,000 customers. Baobab said in a statement that it has positioned itself as a key player in fostering economic growth, job creation, and innovation in Nigeria through its financial...

FG Extols India On 76th Republic Day Celebration

27.01.2025

The Federal Government has extolled the government and people of the Republic of India on the country’s 76th Republic Day anniversary celebration. The Minister of Foreign Affairs, Amb. Yusuf Tuggar, in a statement in Abuja yesterday, described January 26 as a “very important day” in the history of India. The News Agency of Nigeria (NAN)...

Telecom regulators hail Nigeria’s spectrum management initiatives

27.01.2025

Telecommunications regulators from West Africa and the Caribbean have identified Nigeria’s spectrum management initiatives as a model to drive regional growth and innovation. This decision emerged from a high-level meeting between the West Africa Telecommunications Regulators Assembly and the Caribbean Telecommunications Union held recently in Abuja, Nigeria. The meeting focused on aligning policy frameworks, harmonising...

P-CNGi Deploys 160 CNG Buses To NARTO, NURTW, Others – CEO

27.01.2025

The Presidential Compressed Natural Gas Initiative (PCNGi) says it has deployed 160 CNG buses through its transport union partners and subnationals, to cushion the effect of high transport cost occasioned by fuel subsidy removal. Programme Director/ Chief Executive, P-CNGi, Mr Michael Oluwagbemi, disclosed this in an interview with the News Agency of Nigeria (NAN) in...

FG 90,000km fibre project to serve 12m people – USTDA

27.01.2025

The US Trade and Development Agency said Nigeria’s 90,000-kilometre fibre-optic infrastructure project will connect 12 million people to affordable and reliable internet services, marking a significant milestone in bridging the country’s digital divide. Speaking on the initiative during the Nigeria Economic Breakfast Meeting organised by Eventhrive recently in Lagos, USTDA’s Country Representative for West Africa,...