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Govt to integrate Remitta into new system – OAGF

05.03.2025
The Office of the Accountant-General of the Federation has clarified that the Federal Government has not abandoned Remitta as its approved Central Bank of Nigeria payment gateway, but rather, the platform will be integrated into the newly launched Treasury Management and Revenue Assurance System. In a statement issued in Abuja on Tuesday, the OAGF confirmed...
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AWIEF partners firms to bridge finance gap for women

05.03.2025
The Africa Women Innovation and Entrepreneurship Forum has partnered with the African Guarantee Fund and FSDH Merchant Bank Limited to bridge the $49bn financing gap experienced by female entrepreneurs on the continent. In a statement on Monday, AWIEF said the partnership will enable it to implement its flagship AWIEF Growth Accelerator programme in Nigeria, which...
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Equity market records N344.95bn loss

05.03.2025
Transactions on the floor of the Nigerian Exchange Limited on Tuesday closed on a negative note as investors lost N344.95bn, with the decline marking a downturn, tripling the market’s previous gains. The All-Share Index fell by 0.51 per cent to settle at 106,904.25 points from the previous close of 107,455.13 points. This brought the year-to-date...
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NGX declares N4.4bn dividend

05.03.2025
Nigerian Exchange Group Plc has declared a final dividend of N4.4bn for the 2024 financial year, the highest in the company’s history. In the group’s audited financial statement for the year ended December 31, 2024, the dividend, which translates to N2 per share, is subject to shareholder approval and applicable withholding tax. The group reported...
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SEC unveils podcast to drive capital market literacy

05.03.2025
The Securities and Exchange Commission has launched a podcast aimed at increasing public awareness and participation in Nigeria’s capital market, particularly among women. The Minister of State for Finance, Doris Uzoka-Anite, made this known during the official launch of the podcast in Abuja on Monday, stating that it would serve as a tool for educating...
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HFN gets new president

05.03.2025
The Healthcare Federation of Nigeria has appointed Njide Ndili, Country Director of PharmAccess, as its new President, succeeding Dr. Pamela Ajayi. Ndili, who previously served as Vice President for two tenures, emerged victorious in a closely contested election during the Annual General Meeting on February 27, 2025. According to a statement, joining her in leadership...
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NCAA refuses waivers for sanctioned airlines

05.03.2025
The Nigeria Civil Aviation Authority has rejected outright waivers requested by several airlines over penalties imposed on them, insisting that the sanctions are meant to drive service improvements for Nigerian travellers. The Director for Consumer Protection and Public Affairs at the NCAA, Michael Achimugu, disclosed that while most airlines have applied for waivers, the agency...
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Firm commits to promoting financial inclusion

05.03.2025
The chairman and founder of DavoDani Microfinance Bank Limited, Prince Austin Enajemo-Isire, has reaffirmed the bank’s commitment to fostering financial inclusion as it marked its 10th anniversary. The bank’s 10th-anniversary ceremony and rebranding of its logo were held recently in Lagos. Speaking at the event, Enajemo-Isire said, “For the past 10 years the microfinance bank...
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Networking platform debuts in Kano

05.03.2025
Kano witnessed a landmark moment in Africa’s tech evolution with the grand unveiling of SINNTS, a revolutionary social networking platform designed to transform digital interactions. Developed by SINNTS Tech Ltd, this Nigerian-built application is poised to disrupt the social media landscape by offering users an innovative and monetised online experience. The launch event attracted high-profile...
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Selling price inflation falls to seven-month low – Report

05.03.2025
Selling price inflation in the private sector in Nigeria slowed to a seven-month low in February, according to the latest Stanbic IBTC Bank Nigeria Purchasing Managers’ Index, compiled by S&P Global. The report, which assesses business conditions in the private sector, indicated that while inflationary pressures remained elevated, the rate of price increases moderated, providing...
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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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