April 2025 – Page 88

Defection To APC Won’t Shield Kwankwaso, Others From EFCC – APC

18.04.2025

The All Progressives Congress (APC) in Kano State has cautioned former NNPP presidential candidate, Senator Rabiu Musa Kwankwaso, and his loyalists that decamping to the ruling party will not offer protection from the scrutiny of anti-corruption agencies. Addressing Journalists in Kano on Friday, the APC State Chairman, Abdullahi Abbas, said that those attempting to join...

Many Nigerians now covered under compulsory insurance – NAICOM

18.04.2025

The National Insurance Commission has revealed that a significant number of Nigerians are now covered under various compulsory insurance schemes, following intensified enforcement efforts in collaboration with key government agencies. This was disclosed by the Commissioner for Insurance/Chief Executive Officer of NAICOM, Segun Omosehin, during a goodwill message that he delivered at the BusinessDay Insurance...

UN, Sterling One Foundation push for SDGs

18.04.2025

The United Nations Global Compact Network Nigeria, Sterling One Foundation, and the United Nations in Nigeria have championed the cause for the acceleration of the delivery of the Sustainable Development Goals. At a high-level CEO Roundtable co-hosted by the trio, private sector leaders, development partners, and senior policymakers rallied around accelerating progress on the SDGs...

WIMBIZ advocates gender balance in legal profession

18.04.2025

The Women in Management, Business and Public Service has unveiled efforts to address a significant gender disparity within the Nigerian legal profession. These efforts were disclosed at a media parley held at the WIMBIZ headquarters in Lagos on Thursday. A report published by the International Bar Association Legal Policy & Research Unit disclosed that women...

Solid profits will cushion windfall tax effects – Fitch

18.04.2025

International rating firm, Fitch Ratings, has said that strong profitability by Nigerian banks will be able to absorb the impact of the windfall tax. This was disclosed in its latest rating action report, which upgraded Nigeria’s Long-Term Foreign-Currency Issuer Default Rating to ‘B’ from ‘B-’ with a stable outlook. The PUNCH reported that six banks...

Women entrepreneurs seek more investments in maternal health

18.04.2025

Women entrepreneurs and gender advocates have called for greater investment in maternal healthcare and female empowerment through vocational training to combat Nigeria’s high maternal mortality rate and improve women’s socio-economic standing. The entrepreneurs made this call at a sensitisation programme held recently in Alimosho Local Government Area of Lagos State by the Chief Executive Officer...

Ondo eyes pension funds to boost infrastructure

18.04.2025

Governor Lucky Aiyedatiwa has announced that Ondo State is actively exploring avenues to utilise pension funds for infrastructural development as part of a broader strategy to boost economic growth and ensure sustainable development. According to a statement issued on Thursday, the governor disclosed this while receiving a high-powered delegation from the National Pension Commission on...

Dangote fuel pricey despite crude oil crash

18.04.2025

The pricing of refined petroleum products at the Dangote Petroleum Refinery has been identified as one of the incentives to import these products into Nigeria. S&P Global said in a report that the Dangote refinery’s reduction in petroleum products’ prices was not significant compared to the global fall in prices. The PUNCH recalls that the...

Dangote extends N16bn food support to Abuja, Kogi

18.04.2025

The Federal Capital Territory, Abuja, and the Kogi State Government have received food donations from the Aliko Dangote Foundation, as part of the N16bn Annual National Food Intervention programme launched last month. Speaking at the recent flag-off in Abuja, the Senior Special Adviser to the President of Dangote Group, Fatima Abdurrahman, said 10,000 bags of...

NDPHC invests N500bn in transmission infrastructure

18.04.2025

The Niger Delta Power Holding Company has disclosed that it has invested over N500bn in transmission infrastructure across the country. The Managing Director/Chief Executive Officer of the company, Jennifer Adighije, stated this during an inspection of the 330/132/33kV Lafia Transmission Substation in Nasarawa State. A statement issued on Thursday by the General Manager, Corporate Communication...