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Adoption of blockchain technology can boost Nigeria’scompetitiveness

Blockchain  specialist, Tunde Ogunyankinnu, has highlighted the transformative potential of blockchain technology in revolutionising Nigerian supply chains. He explained that by leveraging blockchain-powered smart contracts, businesses can automate critical processes such as order processing, inventory management, and payment approvals. Smart contracts replace manual, paper-based processes with automated systems embedded in blockchain technology. Tasks like order...
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Meta scraps fact-checking program for X-like community notes

Meta CEO Mark Zuckerberg announced on Tuesday that the company will phase out its fact-checking program and introduce a new community notes feature similar to that of X, previously known as Twitter. According to Zuckerberg, the change, which will begin in the U.S., aims to bolster free expression and streamline content policies. Zuckerberg explained that...
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UBA ranks second in SME banking

United Bank for Africa Plc has emerged as one of the top-performing banks in the KPMG 2024 West Africa banking industry customer experience survey, ranking second in SME banking. According to a statement made available to our correspondent on Tuesday, this marks an improvement from last year’s performance, underscoring UBA’s customer-first approach across banking segments....
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Air Peace partners ADINA on Africa connectivity

Air Peace has highlighted the benefits of its partnership with the Africa Diaspora Investment Network Alliance Summit 2024 in its bid to ensure Africa’s connectivity. The aviation company announced the strategic pact on the back of the event held on December 27, 2024, at the prestigious Kempinski Gold Coast City Hotel in Accra, Ghana, which...
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Jetour restates commitment to customers’ satisfaction

Jetour Automobile has recommitted to automotive innovations and customer satisfaction as key elements of the brand. The company reckons that its drive for innovations has enabled it to win the award as the fastest-growing auto brand in Nigeria at a ceremony organised by the Nigeria Auto Journalists Association in Lagos. Jetour, known for its luxury...
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Toyota Nigeria gets new honour

Toyota (Nigeria) Limited has emerged as the Auto Company of the Decade. The auto company received the honour at the 13th award night of the Nigeria Auto Journalists Awards held recently in Lagos, bagging one of the biggest awards at the event. The award served as the second landmark honour bestowed on the TNL at...
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Freight forwarders seek steady exchange rate

The President of the Africa Association of Professional Freight Forwarders and Logistics of Nigeria, Frank Ogunojemite, has called on the Federal Government to ensure a steady exchange rate policy in 2025 in a bid to prevent low imports in the new year. Ogunojemite noted that while imports dropped drastically in 2024, customs duties rose sharply...
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FG borrowings projected to exceed N13tn target

It has been projected that borrowings by the federal government may exceed the planned N13tn to plug the budget deficit in 2025. Analysts at Afrinvest Research, in their 2025 Outlook Report, projected that net issuances of at least N13.7tn may be required to bridge the gap between the proposed expenditure and revenue in the 2025...
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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...