Latest news

Latest News

Power consumers owe Discos N54bn in February – NERC

Electricity consumers owe the distribution companies up to N54bn for the power consumed in February this year, according to a report by the Nigerian Electricity Regulatory Commission. In its Factsheet for February, NERC disclosed that the 12 Discos were able to recover N191.75bn out of the N245.93bn total billings. This represents 77.9 per cent collection...
Read more

Lagos, banks partner to create 10,000 MSME jobs

Lagos State Government, in collaboration with the Bank of Industry and Sterling Bank, has launched a new initiative aimed at empowering Micro, Small, and Medium Enterprises with access to affordable finance and support. In a statement on Wednesday, the partnership, sealed with the signing of a Memorandum of Understanding, aims to provide MSMEs with single-digit...
Read more

Afreximbank unveils $1bn Africa film fund

The African Export-Import Bank, through its development impact investment arm, the Fund for Export-Development in Africa, has unveiled a $1bn Africa Film Fund to revolutionise the continent’s film and creative industry. The announcement was made on Wednesday via an official statement posted on the bank’s Instagram page. The fund, launched under the Creative Africa Nexus...
Read more

Dangote, NNPC boss meet, pledge collaboration for national growth

The President/Chief Executive Officer of the Dangote Group, Aliko Dangote, on Thursday paid a courtesy visit to the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mr. Bashir Bayo Ojulari, in Abuja. The high-level meeting, held at the NNPC Towers, focused on promoting mutually beneficial partnerships and fostering healthy competition between Dangote...
Read more

Stanbic IBTC

Stanbic IBTC Bank has been awarded the 2025 Bank of the Year Customer Service Award at the Industry Summit/Awards 6.0, in Lagos. In a statement on Wednesday, this recognition comes after a first-quarter performance and a year marked by customer-centric innovation, reaffirming the bank’s position as a leader in Nigeria’s banking sector. The Industry Summit/Awards...
Read more

LG Electronics inaugurates solar borehole in Delta

LG Electronics Nigeria has inaugurated a solar-powered borehole in the Illah community, Oshimili North Local Government Area of Delta State, hailing it as a solution to years of water scarcity and health challenges among residents. According to a statement, LG carried out the project under its Corporate Social Responsibility initiative to deliver clean, safe water...
Read more

Firms unveil STEM, entrepreneurship initiatives in Nigeria, Togo

Junior Achievement Africa and Boeing have stated plans to roll out two high-impact STEM and entrepreneurship programmes in Nigeria and Togo, designed to equip young people with the skills necessary to drive innovation, sustainability, and economic growth. This was disclosed in a statement released by the Director, JA Africa Marketing and Communications, Ellen Ukpi, and...
Read more

Agents demand verification of shipowners’ credit rating

The African Association of Professional Freight Forwarders and Logistics has written to the Minister of Marine and Blue Economy, Adegboyega Oyetola, demanding the verification of the credit ratings of shipowners before the disbursement of the Cabotage Vessels Financing Funds. This is coming weeks after Oyetola directed the Nigerian Maritime Administration and Safety Agency to commence...
Read more
1 188 189 190 191 192 260

Must Read

Popular Posts

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...