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FirstBank unveils digital experience centre in Lekki

FirstBank on Monday launched its fifth fully automated branch, the FirstBank Digital Xperience Centre at Admiralty Way, Lekki, Lagos State. Speaking at the occasion, the Managing Director/Chief Executive Officer of FirstBank, Segun Alebiosu, said that the future of banking is digital and that FirstBank is prepared for that future. The Digital Xperience Centre is a...
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Money market liquidity surges to N2.2tn – Report

The liquidity in the Nigerian money market surged by 62.3 per cent to N2.2tn last week, Afrinvest reports. The investment firm attributed the liquidity boost to banks tapping into funds, which increased by 76.4 per cent week-on-week. Despite the surge, the open repo rate remained constant at 32.4 per cent, while the overnight rate dropped...
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Polaris Bank to deepen gender equality

Polaris Bank has reiterated its commitment to gender equality and women’s empowerment at this year’s International Women’s Day event. According to a statement from the bank on Sunday, the commitment was made at its IWD Seminar ‘Accelerating Action: Breaking Barriers & Creating Equal Opportunities’. The event provided a platform for thought leaders, professionals, and advocates...
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Gender Equality An Economic, Social Necessity

The President of the Female Journalists Network Nigeria, Joy Rademene Asonye, has said the outcomes of CSW69 reaffirm that gender equality is not just a moral obligation but also an economic and social necessity. She made this statement at the International Women’s Day (IWD) Workshop and Step-Down of CSW69 Resolutions held on Tuesday in Abuja....
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Equity market rebounds with N369bn gain

The Nigerian equity market rebounded on Monday with a gain of N369bn as the All-Share Index rose by 0.56 per cent to close at 105,551.39 points, reversing the losses recorded in the previous week. The total market capitalisation stood at N66.2tn, reflecting renewed investor confidence in the equity market. This recovery reversed last week’s losses,...
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NSITF, NDE Partner To Curb Unemployment In Nigeria

The Nigeria Social Insurance Trust Fund (NSITF) has partnered with the National Directorate of Employment (NDE) to provide social safety nets that will enhance job creation and help curb unemployment in the country. The Managing Director of NSITF, Oluwaseun Faleye, noted that the skills being imparted through NDE’s training programs are exactly what Nigeria needs...
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Power generators fear collapse over N4.7tn debt

The Federal Government said it is taking necessary steps to offset the N4.7tn debt owed to power generation companies to avert a possible nationwide blackout. This came as stakeholders expressed fears that some power generation companies might be forced to shut down due to a lack of liquidity in the sector unless there is an...
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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...