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Parallex Bank commits to promoting savings culture

Parallex Bank has reiterated its commitment to promoting a savings culture among Nigerians through various initiatives and products designed to encourage financial prudence. This was disclosed by Preye Ojeme, Head of the Public Sector Department at the Parallex Bank Abuja office, during an interview with PUNCH. Speaking on the bank’s ongoing efforts, Ojeme said, “The...
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SEC plans tougher action against scammers

The Securities and Exchange Commission is set to apply a more aggressive approach in combating Ponzi schemes following the recent enactment of the Investment and Securities Act (ISA 2025), which President Bola Tinubu signed into law. The new legal framework empowers the SEC to prosecute promoters of Ponzi schemes, with potential sentences of up to...
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Sokoto Police Celebrates Maiden Nat’l Police Day

The Sokoto State Police Command has organized free medical services and a community outreach program to celebrate the maiden National Police Day. The event follows a presidential directive issued on April 15, 2024, declaring April 7 as the annual National Police Day. According to the State Commissioner of Police, Ahmed Musa, the Sokoto State Police...
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Banks disburse N470bn personal loans – CBN

The Central Bank of Nigeria has disclosed that Nigerians secured personal loans amounting to N470bn from banks in the last three months of 2024. The apex bank revealed this in its Fourth Quarter 2024 Economic Report released on Sunday. The report indicated that consumer credit outstanding rose by 11.06 per cent to N4.72tn at the...
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LASG begins removal of illegal structures as amnesty ends

The Lagos State Building Control Agency has commenced the removal of illegal structures across the state following the expiration of the amnesty period granted by the State Governor, Babajide Sanwo-Olu. This was disclosed on the website of the Lagos State Building Control Agency on Monday. The agency said the exercise began in Ogudu GRA, where...
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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...