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AI Adoption Risks: ipNX Nigeria Warns Industries

Technology company, ipNX Nigeria, has warned industries against excessive dependence on artificial intelligence without first putting in place reliable systems, quality data, and sustainable digital infrastructure. The caution was given during the 2026 edition of the IoT West Africa Conference and Exhibition held in Lagos, where industry stakeholders gathered to discuss the future of digital...
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Wema Bank Conserves Capital for Future Acquisitions

The Managing Director and Chief Executive Officer of Wema Bank Plc, Moruf Oseni, has hinted at a major structural transformation aimed at breaking into Nigeria’s tier-one banking league, indicating that the bank  is intentionally retaining capital to fund future strategic acquisitions. Oseni made this disclosure while addressing shareholders at the bank’s Annual General Meeting held...
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Lagos Continental Hotel unveils new training academy

The Lagos Continental Hotel has unveiled a new training academy to equip young Nigerians and hospitality workers with skills, mentorship, and career development opportunities. The hotel unveiled the facility during a media tour in Lagos on Tuesday, describing the initiative as part of its long-term commitment to human capital development and youth empowerment in Nigeria’s...
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CBN Holds Interest Rates Amid Manufacturing Risk Concerns

The Monetary Policy Committee of the Central Bank of Nigeria on Wednesday retained the benchmark interest rate at 26.5 per cent, citing rising external risks, renewed inflationary pressure, and the need to sustain exchange rate stability. The CBN Governor, Olayemi Cardoso, announced the decision at the end of the committee’s 305th meeting held in Abuja....
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Otedola Sells Geregu Stake for Dangote Refinery IPO Entry

Femi Otedola has disclosed that he sold his stake in Geregu Power Plc to position himself for investment in the proposed initial public offering of Dangote Petroleum Refinery, describing the facility as a transformative industrial project capable of reducing Africa’s dependence on imported petroleum products. Otedola made the disclosure during a visit by the board...
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ExxonMobil Pushes STEM Education for Future Workforce Skills

ExxonMobil affiliates in Nigeria, in collaboration with Junior Achievement Nigeria, have launched the third edition of the Science, Technology, Engineering, and Mathematics Africa Initiative in Abuja. The programme, organised by the ExxonMobil Foundation and Junior Achievement Nigeria, aims to build students’ confidence and interest in STEM-related careers while exposing them to opportunities in the 21st-century...
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Elevate Africa Fellowship expands 2026 faculty line-up

Founder of The Discovery Centre, Mfon Ekpo, has been announced as a member of the 2026 faculty for the Elevate Africa Fellowship, a pan-African leadership programme bringing together mid-career leaders from across the continent. In a statement on Tuesday, it was stated that the 2026 Fellowship will take place in Kigali, Rwanda, in May and...
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DisCos Reject Lagos Plan to End Electricity Tariff Bands

Electricity distribution companies have faulted the Lagos State Government’s proposed plan to phase out electricity customer band classification, warning that the move could trigger consumer unrest, worsen market distortions, and lead to blackouts if implemented prematurely. Officials of the power firms, who spoke anonymously with The PUNCH due to the sensitivity of the matter, said...
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FAAN Tightens Airport Surveillance Over Ebola Outbreak Fears

The Federal Airports Authority of Nigeria has assured travellers and stakeholders that stringent preventive measures have been activated across the nation’s international airports following renewed concerns over the Ebola Virus Disease outbreak reported in parts of Central Africa. The authority said it had intensified passenger surveillance, health screening, and emergency response procedures in collaboration with...
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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...