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CBN reinforces regulations to strengthen financial system

04.03.2025
The Central Bank of Nigeria has reinforced its regulatory oversight to bolster the resilience and transparency of the country’s financial system, reaffirming its commitment to strict compliance and risk management across financial institutions. According to a statement from the apex bank on Sunday, the CBN reaffirmed its commitment at a Mandatory Compliance and Anti-Money Laundering...
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Firm unveils platform to help monetise creative skills

04.03.2025
Creative Money Africa, a business platform, has unveiled the Creative Money Podcast to help individuals with talents structure, package, and monetise their skills. According to a statement, the podcast will feature conversations with industry experts, successful creatives, and thought leaders. The platform noted that its goal is to provide creatives across the continent with strategies...
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Moniepoint, AfriGO partner to distribute five million cards

04.03.2025
Moniepoint Inc. has partnered with Afrigopay Financial Services Limited, a subsidiary of the Nigeria Inter-Bank Settlement System, to accelerate the adoption of Nigeria’s National Domestic Card Scheme, the AfriGO Card. In a statement over the weekend, Moniepoint stated that the partnership would leverage its extensive network and infrastructure to introduce an innovative payment system that...
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Residents Oppose LCDA’s Alleged Leadership Imposition

04.03.2025
The University of Lagos (UNILAG) Magodo Residents Association (UMRA) has threatened legal action against the Ikosi-Isheri Local Council Development Area (LCDA) over alleged plans to impose an interim leadership. The residents accused the Ikosi-Isheri LCDA Chairperson, Samiat Bada, of exceeding her constitutional powers by attempting to cancel a credible election and impose her preferred candidates....
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Fintech company empowers SMEs

04.03.2025
A Fintech firm, Transactworld Digital, has launched Transactpay, a comprehensive digital platform designed to empower small and medium-sized enterprises and revolutionise their business operations. In a statement, it was noted that the platform offers a suite of innovative solutions beyond traditional payment processing, acting as a catalyst for business growth and enhanced customer engagement. It...
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Ellah Lakes reports N396.6m loss

04.03.2025
Ellah Lakes Plc has posted a loss of N396.6m for the second quarter ended January 31, 2025, reflecting a financial strain amid rising administrative and personnel expenses. The company’s unaudited financial statements filed on the Nigerian Exchange recently show that its operating loss stood at N675.8m, up from N344.2m in the corresponding period of 2024....
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Delta Leads ACJA Implementation In Nigeria

04.03.2025
Delta State Government has yet again ranked first in the implementation of Administration of Criminal Justice Act among the 36 states in Nigeria. Speaking to journalists during the official handover of the award in Asaba, the State Attorney-General and Commissioner for Justice, Ekemejero Ohwovoriole, SAN, dedicated the award to Governor Sheriff Oborevwori and officers in...
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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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