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Continental Re Names New Group MD, Leadership Changes

02.06.2025
Continental Reinsurance Holdings has appointed the former Managing Director/CEO of Continental Reinsurance Plc, Nigeria, Lawrence Nazare, as its new Group Managing Director. Headquartered in Botswana, Continental Reinsurance Holdings made the announcement in a statement made available to our correspondent recently. Apart from Nazare’s appointment, the group also announced several key leadership changes that reflect the...
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Polymath unveils Aura City Phase 2

02.06.2025
In a bid to further cement its position in the real estate industry, Polymath Real Estate Limited has launched Aura City Phase 2, themed ‘Powering Sustainable Dreams’. In a statement, it was noted that this new development promises to redefine sustainable urban living in Nigeria, offering modern, eco-friendly homes designed to meet the growing demands...
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NEITI raises alarm on methane emissions

02.06.2025
The Executive Secretary of the Nigeria Extractive Industries Transparency Initiative, Orji Ogbonnaya, has warned that Nigeria’s pledge to climate action will remain hollow if methane pollution from the oil and gas sector is not urgently addressed. He also declared the end of business-as-usual in the management of methane emissions across Nigeria’s extractive industries, warning that...
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CBN committed to restoring confidence, stability – Cardoso

02.06.2025
The Governor of the Central Bank of Nigeria, Mr Olayemi Cardoso, says the apex bank remains committed to restoring investor confidence and ensuring long-term macroeconomic stability through sustained reforms and institutional transformation. Cardoso, who made this known in a post on his official X (formerly Twitter) account on Sunday, stated that the CBN had made...
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Alternative Bank, PLASU Partner to Boost Livestock Feed

02.06.2025
The Alternative Bank has partnered with the Plateau State University, Bokkos, to boost livestock feed production in Nigeria following the bank’s transfer of the Alfalfa Cultivation Pilot Project to the university to deepen agricultural research. According to a statement, the bank described the handover as part of its Corporate Social Investment framework to explore the...
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High Vehicle Cost: Auto Policy Key to Growth

02.06.2025
The Managing Director of the Lanre Shittu Motors, Mr Taiwo Shittu, in this interview with OLASUNKANMI AKINLOTAN, speaks on reasons for the high cost of new vehicles, the options, auto policy, and challenges facing automobile assemblers, among other issues What is your assessment of the truck segment of the Nigerian automobile business and why the...
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FG bans multiple board membership in power sector

02.06.2025
Directors sitting on more than two companies’ boards in the Nigerian Electricity Supply Industry may have to resign from one following the latest Code of Corporate Governance released by the Nigerian Electricity Regulatory Commission. The new code published by the commission warned against what it called multiple directorships, stating that no individual should be a...
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Crude oil theft has reduced significantly – Producers

02.06.2025
The Executive Coordinator of the Independent Petroleum Producers Group, Oyeleke Banmeke, has said that crude oil theft in Nigeria has reduced significantly compared to figures recorded about two to three years ago. Banmeke, who stated this in an interview with The PUNCH on Sunday, commended the current administration of President Bola Tinubu for improvements in...
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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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