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FX inflow rises 20.62% as CBN’s share shrinks

04.04.2025
The Nigerian economy recorded a rise in foreign exchange inflow during the fourth quarter of 2024, according to the latest Central Bank of Nigeria Economic Report. The report revealed that total foreign exchange inflow rose by 20.62 per cent to $27.81bn, up from $23.06bn in the preceding quarter. A key highlight of the report was...
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NSIA Insurance donates to new, women

04.04.2025
To commemorate the 2025 Mother’s Day, NSIA Insurance has held a special outreach to new and expectant mothers at Lagos State University Teaching Hospital’s maternity arm – Ayinke House. In a statement on Wednesday, the firm stated that the initiative is built on the success it achieved last year when it donated to mothers at...
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GTCO shareholders get N7.03k final dividend on April 24

04.04.2025
The shareholders of Guaranty Trust Holding Company will on April 24 receive a final dividend of N7.03k, subject to approval. In a corporate filing on the Nigerian Exchange Limited on Wednesday, the financial holding company said that shareholders with valid holdings as of April 15, 2025, will be eligible for the dividend payout. “A final...
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Firm deepens NCC partnership on broadband

04.04.2025
IpNX, Nigeria’s leading information and communications technology company and connectivity provider is collaborating with the Nigeria Communications Commission to explore opportunities for further growth and development policy alignment in support of the Federal Government of Nigeria’s broadband penetration and digital transformation agenda. The company recently visited NCC at it Abuja office  to strengthen the collaborative...
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OPS urges reduced interest rates to boost growth

04.04.2025
The members of the organised private sector insist that the Central Bank of Nigeria must reduce the 27.50 per cent interest rate to boost economic growth. In separate interviews with The PUNCH, the OPS called on the Monetary Policy Committee, which sets the monetary policy rate, to signal growth by beginning a phased reduction of...
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FRC, NADP lament dearth of actuarial professionals

04.04.2025
The Financial Reporting Council of Nigeria and the Nigerian Actuarial Development Programme, on Wednesday at the University of Benin, lamented the dearth of actuarial professionals in the country. Speaking at the event with the theme ‘Building Capacity for Actuarial Excellence in Nigeria’, the Executive Secretary/Chief Executive Officer of the Financial Reporting Council of Nigeria, Dr....
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LASU Produces 192 First-Class Graduates

04.04.2025
One hundred and ninety-two students of the Lagos State University (LASU) will graduate with first-class honours in its 28th Convocation fixed for April 10. Vice-Chancellor Ibiyemi Olatunji-Bello said yesterday at a pre-convocation press conference 3,076 students bagged Second Class Upper, 4,397 graduated with Second Class Lower, with 990 to be awarded Third Class. The professor...
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NERC records 112 electricity-related deaths

04.04.2025
Vandalism and wire snaps have been identified as major causes of electricity-related fatalities in Nigeria, according to the Nigerian Electricity Regulatory Commission. In its quarterly reports, NERC disclosed that 112 deaths were recorded in 2024, a slight decline of 2.6 per cent compared to 115 deaths reported in 2023. Despite this reduction, the data shows...
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Ondo, firm partner on 5MW electricity project

04.04.2025
In a bid to ensure stable electric power supply in Ondo State, an energy firm, Lincs Power Energy Solutions, has partnered with the state government to construct a 5-megawatt power project in Ondo State. It was gathered that the power project was facilitated by a former Senior Special Assistant to the former Governor Rotimi Akeredolu...
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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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