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Lagos club, Marwa campaign against drug abuse

The Chairman of the National Drug Law Enforcement Agency, Buba Marwa, has urged the Nigerian public to join the fight against substance abuse and illicit drug trafficking. Marwa made this call during the Island Club Business Luncheon in Lagos recently, where he delivered a keynote address emphasising that tackling drug abuse is a collective responsibility....
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IMF affirms support for Nigeria’s economic reforms

The Managing Director of the International Monetary Fund, Kristalina Georgieva, has commended Nigeria’s economic reforms under the leadership of President Bola Tinubu. In a statement on her X (formerly, Twitter) page on Thursday, which was released after a meeting with President Tinubu at the G20 Summit in Brazil, Georgieva hailed Nigeria’s decisive measures aimed at...
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Abumet ends 2024 with CSR programmes

The Lagos Sales Office of Abumet, a subsidiary of Julius Berger specialising in aluminium and glass solutions, recently showcased its Corporate Social Responsibility activities at its Architects Parley and Open Day, as part of its 2024 end-of-year strategic plan. In a statement, the firm noted its CSR initiatives featured donations to the Living Fountain Orphanage...
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Kuda MFB wins financial product award

Kuda Microfinance Bank has won the Inclusive Financial Product Award at the Financial Inclusion Awards 2024, which was held during the Central Bank of Nigeria’s International Financial Inclusion Conference recently in Lagos. The Financial Inclusion Awards, a highlight of the International Financial Inclusion Conference 2024, celebrates exceptional contributions towards achieving the goals outlined in Nigeria’s...
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Firm unveils medications for diabetes

Pharmaceutical firm, Eva Pharma, has introduced its range of diabetes medications to the Nigerian market, pledging to offer premium healthcare solutions at affordable prices. Eva Pharma announced the medications including Gliptus Plus, for managing blood glucose levels, Thiotacid, for treating diabetic neuropathy and Donifoxate, for managing hyperuricemia and gout, at a recent launch event in...
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Nigerian businesses face 3,759 cyber-attacks weekly – Report

Nigeria, Africa’s largest economy, is under siege from cybercriminals, with organisations facing an average of 3,759 cyber-attacks each week. This is according to the latest 2024 African Perspectives on Cyber Security Report by Check Point Software Technologies. The report paints a grim picture of the country’s vulnerability as it increasingly embraces digitalisation, with critical sectors...
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Smaller banks begin USSD debt repayments – Telcos

Telecom operators in Nigeria are seeing some progress in the repayment of the N250bn debt tied to Unstructured Supplementary Service Data services, with smaller banks beginning to settle their obligations. However, tier-one lenders responsible for the bulk of the debt are yet to make significant payments. The Chairman of the Association of Licensed Telecom Operators...
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ADF approves $99m for rice cultivation in W’Africa

The African Development Fund Board has approved $99.16m to develop regional rice value chains under the West Africa Rice Development project. A statement by the African Development Bank stated the project aims to boost food security in West Africa by promoting investments in rice value chains to achieve self-sufficiency by 2030. It stated that the...
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AG urges government to develop savings culture

The Accountant-General of the Federation, Dr Oluwatoyin Madein, has urged governments at all levels to embrace a culture of savings and investment to ensure financial stability during challenging economic times. Madein made the call during her address at the 2024 National Council on Finance and Economic Development, which was held in Bauchi State. In a...
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NPA MD emerges chairman of W’African ports

The Managing Director of the Nigerian Ports Authority, Dr. Abubakar Dantsoho, on Wednesday, emerged as the first Nigerian to be elected Chairman of the Port Management Association of West and Central Africa. His election was confirmed during the closing  of the 44th Annual Council and 19th Roundtable of Directors General of PMAWCA in Conakry, Guinea....
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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...