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Auditors Urged to Enhance Defenses

20.06.2025
Members of the Association of Chief Audit Executives of Banks in Nigeria have been urged to up their games in enhancing the efficiency of cybersecurity to curb cyber attacks in the banking sector. The Managing Director/Chief Executive Officer of TajBank, Hamid Joda, made the call while delivering a keynote address at the 61st quarterly general...
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N668bn Surplus, Yet Hunger Persists

20.06.2025
Agricultural stakeholders reckon that the threat of hunger persists in Nigeria despite recording a N668.34bn agricultural surplus and have called for improved food processing and support for local farmers. The value of agricultural exports surpassed imports by N668.34bn in the first quarter of 2025, according to the foreign trade data for Q1 2025 from the...
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Oye Resigns as NACCIMA, OPSN Chairman

20.06.2025
Dele Oye has exited as Chairman of the Organised Private Sector and President of the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture. In a statement from NACCIMA on Thursday, it was stated that after two impactful years at the helm of the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture,...
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Nigerian Stock Market Soars N677bn

20.06.2025
The Nigerian Exchange extended its bullish run on Thursday, as market capitalisation surged by N677bn to close at N74.4tn. This comes amid renewed buying interest in blue-chip stocks across key sectors, propelling the benchmark All-Share Index to 117,861.13 points, up by 1,074.26 points or 0.92 per cent. The bullish sentiment pushed the equity market week-to-date...
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Wema Bank Upgraded to ‘A-‘ by Agusto & Co

20.06.2025
Pan-African rating agency Agusto & Co. has upgraded the ratings of Wema Bank to “A-” from “Bbb+” with a stable outlook. According to a statement on Thursday, the rating, which became effective on June 17, reflected the improving business risk profile of the lender. In the rating report, Agusto & Co. said, “Wema Bank’s profitability...
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United Capital Launches Funds for Francophone Africa

20.06.2025
United Capital Asset Management West Africa Limited, the newest subsidiary of investment firm United Capital, has commenced operations with the launch of two mutual funds targeted at the Francophone West African market. In a statement on Thursday, the firm said that the two CFA franc-denominated mutual funds, the UCAMWAL Bond Fund and the UCAMWAL Diversified...
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Mojeed Reappointed to WFPMA Board

20.06.2025
The immediate past president of the Chartered Institute of Personnel Management of Nigeria, Olusegun Mojeed, has been reappointed to sit on the Board of the World Federation of People Management Associations. Mojeed’s reappointment to serve on the board will see him be a board member of the WFPMA for another two years. His reappointment was...
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MTN Trains Students in Ethical AI Usage

20.06.2025
As part of activities for its 2025 Y’ello Connect, MTN has trained students of St. Augustine College of Education, Akoka, Yaba, Lagos, in the ethical use of artificial intelligence. The training, which was powered by MTN staff as part of their corporate social responsibility initiative, was held at the school premises on Thursday. The telecommunication...
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Japa Effect: 31% of Firms Hit by Supply Chain Crisis

20.06.2025
At least 31 per cent of Nigerian companies are grappling with a shortage of competent supply chain professionals as the ‘Japa’ phenomenon continues to drain the country’s talent pool, a new report by global consulting firm PwC has revealed. The findings, presented at a high-level industry Consumer and Industrial Products and Services industry breakfast session...
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Nigeria Business Boost: ESC & NBA Partner

20.06.2025
The Ernest Shonekan Centre for Legislative Reforms and Economic Development and the Nigerian Bar Association Section on Business Law have officially formalised their partnership with the signing of a Memorandum of Understanding in Lagos on Thursday. The partners said their collaboration is aimed at strengthening Nigeria’s legislative, judicial, and regulatory frameworks, driving economic transformation and...
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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
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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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