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Mutual Benefits Profit Soars 92% in 2024

Mutual Benefits Assurance Plc recorded a 92 per cent rise in its 2024 full-year profit, growing to N11.32bn from N5.89bn in 2023. According to its audited results filed with the NGX, the growth was driven by strong investment returns and a reversal in reinsurance losses. Insurance revenue rose 68 per cent to N66.92bn from N39.92bn,...
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$15bn Ondo Refinery, Free Trade Zone Planned

Backbone Infrastructure Nigeria Limited has announced plans to build a $15bn refinery with a capacity of 500,000 barrels per day and establish a Free Trade Zone in Ilaje Local Government Area of Ondo State. The mega project, billed for the Sunshine Industrial Park in Ogboti-Eruuna and the proposed Sunshine Free Trade Zone, will be delivered...
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TFGBV: BBYDI Launches First AI WhatsApp Chatbot, ‘Kemi’

In a groundbreaking stride toward digital justice and online safety, the Brain Builders Youth Development Initiative (BBYDI) has launched “Kemi”, a survivor-centered, AI-powered WhatsApp chatbot co-created by survivors to support individuals facing Technology-Facilitated Gender-Based Violence (TFGBV). The launch event, held at the prestigious Transcorp Hilton in Abuja and supported by the French Ministry for Europe...
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INEC To Announce Qualified Associations Soon

The Independent National Electoral Commission (INEC) has disclosed that it will soon announce the list of political associations that have met the necessary requirements for party registration. National Commissioner and Chairman, Information and Voter Education Committee, Sam Olumekun, made this known in a statement on Thursday. According to Olumekun, the number of associations seeking registration...
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We’re Partnering With State Chairmen To Build Stronger ADC

The African Democratic Congress (ADC) has dismissed reports suggesting that leaders of a political coalition have taken over the party, describing them as false and misleading. Speaking after a meeting with the 37 state chairmen of the party in Abuja on Wednesday, the Interim National Publicity Secretary, Mallam Bolaji Abdullahi, said the gathering was convened...
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Akume Backs Out Of Natl Chairmanship Race

Ahead of the All Progressives Congress (APC) National Executive Committee (NEC) meeting scheduled for July 24, Secretary to the Government of the Federation (SGF), Senator George Akume, has distanced himself from the race for the party’s National Chairmanship. Akume made this known in a statement issued by his Special Adviser on Media and Publicity, Yomi...
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Youth Minister Partners GITEX Global, Deepens UAE Collaboration To Empower Millions Of Young Nigerians

In a bold step to position Nigerian youth at the forefront of global innovation, Hon. Ayodele Olawande, Nigeria’s Minister of State for Youth Development, has announced a strategic partnership with GITEX Global, one of the world’s premier platforms for technology, entrepreneurship, and digital transformation. The collaboration will culminate in a nationwide digital showcase from September...
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Akpabio Removes Natasha As Senate Committee Chair

Senate President Godswill Akpabio on Thursday announced the replacement of suspended senator, Natasha Akpoti-Uduaghan, as chairman of the Senate Committee on Diaspora and Non-Governmental Organisations. New Telegraph reports that Akpabio made the disclosure, during plenary, announcing Senator Aniekan Bassey as the new chairman of the committee. READ ALSO Recall that in a minor reshuffle earlier...
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Bode George Berates PDP Members Joining ADC

Former Deputy National Chairman of the Peoples Democratic Party (PDP), Chief Bode George, has expressed disappointment over the defection of some PDP members to the newly formed opposition coalition under the African Democratic Congress (ADC). Speaking during a Lagos PDP stakeholders’ meeting held to celebrate what he termed the “restoration” of the party, George described...
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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...