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Accion MfB highlights digital lending impacts on SMEs

30.11.2024
The seventh edition of the Financial Inclusion Seminar of Accion Microfinance Bank will explore the impact of rising digital lending on the informal sector. This year’s event with the theme, ‘Digital Lending: A Path to Financial Inclusion or a Barrier for the Informal Sector?’ is scheduled to be held virtually. Via this platform, Accion MfB...
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CITN urges inductees to uphold tax ethics

30.11.2024
The 16th President and Chairman of the Council of the Chartered Institute of Taxation of Nigeria, Mr Samuel Agbeluyi, has highlighted the role of the new inductees in upholding the values and ethics of the tax profession. Agbeluyi gave the charge at the 51st Induction Ceremony of the Chartered Institute of Taxation of Nigeria, held...
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Vitafoam, others lead NGX to N306bn gain

29.11.2024
The Nigerian Stock Exchange ended Thursday’s trading session with a market capitalisation of N59.3tn, following a gain of N306bn. The rally was driven by performances from top gainers such as Vitafoam Nigeria, Aradel Holdings, and FTN Cocoa Processors, which spurred investor confidence across various sectors. Data from the exchange reveals that a total of 632,741,250...
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Wema Bank commemorates Fraud Awareness Week

29.11.2024
Wema Bank, the pioneer of Africa’s first fully digital bank, ALAT, has commemorated International Fraud Awareness Week 2024 by hosting a seminar. The International Fraud Awareness Week 2024 was themed, “Share A Story, Stop A Scam”. The seminar was held at Wema Bank Head Office in Lagos on November 20, 2024, according to a statement...
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African refiners hail reopening of P’Harcourt plant

29.11.2024
The African Refinery Group has congratulated the Nigerian National Petroleum Company Limited for the restoration of production and resumption of crude oil processing at the Port Harcourt Refinery Company. It said the reopening, which took place on November 26, 2024, marked a significant milestone as the refinery, which was shut down in 2019, roars back...
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$100m deals sealed at agric summit – Operators

29.11.2024
Deals worth over $100m were sealed at the just-concluded Agriculture Summit Africa held in Abuja to strengthen the agriculture value chain, operators in the industry have said. This was announced in a statement from the organisers of the summit on Thursday, saying that the deals were part of the Nigeria Feed, Fodder, and Livestock Investment...
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Zenith Bank opens Paris branch, eyes other locations

29.11.2024
Zenith Bank Plc has expanded its global footprint with the opening of Zenith Bank (UK), Paris Branch, as it announced plans to open subsidiaries in Francophone Africa, starting with Cameroon and Ivory Coast. According to the lender in a statement on Thursday, the official commissioning which took place at 21 Rue de la Paix, Paris,...
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AuG uncovers N14bn tax fraud in over 30 agencies

29.11.2024
A report by the Auditor-General of the Federation has unearthed tax irregularities amounting to N14.33bn across more than 30 Ministries, Departments, and Agencies. The findings, disclosed in the Auditor-General’s Annual Report on Non-Compliance and Internal Control Weaknesses, highlight serious lapses in tax deductions, remittances, and compliance with financial regulations between 2020 and 2021. The report...
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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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