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Afreximbank Secures A-/Stable Rating from Japan Credit Agenc

Japan Credit Rating Agency, Ltd. has affirmed African Export-Import Bank’s A-issuer credit rating with a stable outlook. This affirmation is a split from the rating of Fitch and Moody’s, which downgraded the African lender recently. According to a statement from the bank, the rating reflected JCR’s assessment of Afreximbank’s strong strategic positioning, robust risk management...
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African Leaders Gather at UNGA 80 for Innovation Talks

Black House Media and Allison Worldwide, in partnership with The King’s Trust, are set to host African business, policy, and cultural leaders at the second edition of the Africa Breakfast Conversations on the sidelines of the 80th United Nations General Assembly in New York City. Scheduled for September 26 at the World Trade Centre, the...
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NSACC to Boost Youth, SME Trade Between Nigeria & South Afri

The Nigeria-South Africa Chamber of Commerce has announced plans to empower youth and small- and medium-scale enterprises as part of its efforts to strengthen bilateral trade between Nigeria and South Africa. Speaking at the recent Chamber’s monthly breakfast session, the Chairman of NSACC, Ije Jidenma, said the organisation is committed to creating opportunities that will...
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Shettima, Edun Advocate National Risk Management Culture

Nigeria’s Vice President, Kashim Shettima; Minister of Finance Wale Edun; Governor of the Central Bank of Nigeria, Olayemi Cardoso; and President of the Chartered Risk Management Institute of Nigeria, Kevin Ugwuoke, have called for a nationwide embrace of risk management as a culture, not just a policy tool. They made the call on Thursday at...
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Nigeria Boosts Electricity Market Reforms with UKNIAF Partne

The United Kingdom Nigeria Infrastructure Advisory Facility, in partnership with the Nigerian Governors’ Forum, has concluded a major national initiative to support state-led electricity market reforms. In a statement on Thursday, it was revealed that the State Learning Workshop Series focused on electricity market development, integrated resource planning and energy modelling software. The workshops held...
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Agro-Allied Firm Zichis Sees 119% Turnover Growth, Declares

Zichis Agro-Allied Industries Plc has reported a 119 per cent rise in turnover, moving from N132m in 2023 to N289m in 2024, despite the challenging business environment. The Chairman of the company, Hezekiah Oshaba, disclosed this at the firm’s second Annual General Meeting held recently in Lagos, where he presented the annual report and accounts...
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Key to Curbing Farm Losses & Protec

An agro-diagnostic firm, RID LAB, has urged governments and farmers to adopt data-driven and science-based agriculture practices, saying they are key to reducing losses and safeguarding public health. The Chief Executive Officer of RID LAB, Femi Dairo, called on the government to create enabling policies for science-based practices to thrive at the second edition of...
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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...