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SEC reports N3tn rise in investment schemes

23.01.2025
The Securities and Exchange Commission has reported an increase in collective investment schemes, which have now surpassed N3tn in 2024. The Director-General of the SEC, Emomotimi Agama, revealed this during an interaction with journalists in Abuja on Wednesday. He explained that CIS offer an alternative investment route for Nigerians by allowing them to pool resources...
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2024, significant turning point for NIWA – MD

23.01.2025
The Managing Director of the National Inland Waterways Authority, Mr. Nola Oyebamiji, has stated that the year 2024 was a significant turning point for NIWA. He added that despite some challenges faced, the agency demonstrated resilience, innovation, and unwavering commitment to its vision and mission. Oyebamiji disclosed this in his New Year message to the...
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Operators protest N38bn marine ministry budget

23.01.2025
According to findings by The PUNCH, the allocation of N38.3bn to the Ministry of Marine and Blue Economy capital expenditure in the 2025 Appropriation Bill has been greeted by heated controversy. This allocation has sparked concern among stakeholders over the government’s commitment to leveraging Nigeria’s vast marine resources and the economic potential of the blue...
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Empower freight forwarders, stakeholders tell CRFFN

23.01.2025
Maritime stakeholders have urged the management of the Council for the Regulation of Freight Forwarding in Nigeria to adopt a comprehensive and practical approach to equip freight forwarders with modern skills to remain competitive on a global scale. The stakeholders noted that the training is essential for ensuring effective regulation, industry growth, and improved operational...
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Sahel AI unveils Artificial Intelligence for contract drafting

23.01.2025
An Artificial Intelligence startup, Sahel AI, focused on helping legal professionals work faster and smarter, has announced the launch of its platform for contract drafting and review. In a statement, it said the solution would save law firms and in-house legal teams hours on repetitive contract-related tasks. The company said, ”As a Microsoft partner, Sahel...
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Govt, firm partner to provide internet services

23.01.2025
The Federal Government has signed a Memorandum of Understanding with the WIOCC Group, a leading digital infrastructure provider, to provide internet connectivity to three million Nigerian homes. The Minister of Communications, Innovation, and Digital Economy, Dr Bosun Tijani, signed on behalf of the government, while Mr Darren Bedford, WIOCC’s Group Chief Business Development Officer, represented...
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French investors eye Ogun airport, seaport

23.01.2025
French investors have expressed interest in investing in Ogun State’s transport sector, particularly the Gateway Agro-Cargo Airport, the Olokola Sea Port, and the state’s railway system. According to a statement, former French Minister of Transport, Djebbari Jean-Baptiste, disclosed this during a visit to Governor Dapo Abiodun at his office in Oke-Mosan, Abeokuta, Speaking to journalists...
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Tech expert advocates women empowerment

23.01.2025
Nigerian technology expert Erica Arubayi-Ifeka has unveiled plans to empower more women in the technology sector, drawing from her 12-year experience across energy, banking, retail, education and investment management. The Delta State-born professional, who has worked with global organisations including Shell International, GTBank, among others, emphasised the importance of mentorship and storytelling in preparing women...
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Zenith Bank. restructures operations, lays off 66, promotes others,

23.01.2025
Zenith Bank, one of Nigeria’s largest lenders, has laid off several senior staff members as part of a significant organisational restructuring, inside sources said on Monday. The reorganisation also included internal promotions and role adjustments, which benefitted mostly junior staff members, an internal memo dated Wednesday, January 15, 2025, seen by The PUNCH revealed. Although...
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Nasara Foundation appoints new CEO

23.01.2025
Nasara Foundation has announced the appointment of Bilkisu Nasir as its new Chief Executive Officer to lead its next stage of development and growth. In a statement, the A l non-governmental organisation committed to empowering women and girls and creating a brighter future for youths disclosed that the foundation founded two years ago by the...
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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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