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NIA Innovation Lab Prioritizes e-KYC Solutions for Nigerian

The Nigerian Insurers Association has launched its Innovation Lab, with the first focus being to tackle challenges in the area of electronic Know Your Customer solutions and claims exchange. The Innovation Lab was launched on Monday at the NIA headquarters in Lagos, attended by insurance industry players. NIA Innovation Lab is a six-week intensive programme...
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Lasaco Assurance Rebrands Subsidiaries for Growth

Lasaco Assurance Plc has announced the rebranding of its subsidiaries, Lasaco Properties Limited and Lasaco Trading and Investment Limited, as part of efforts to enhance operational efficiency. In a statement on Sunday, the firm also announced the appointment of a new Managing Director for Lasaco Trading and Investment Limited in the person of Mr Akinwale...
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IMG Unveils N6.39bn Rights Issue to Fuel Expansion

Industrial & Medical Gases Nigeria Plc has launched a N6.39bn rights issue to reinforce its market presence and fund expansion initiatives. In a statement made available to our correspondent on Monday, the company said the offer comprises 199,797,458 ordinary shares of 50 kobo each at N32 per share, on the basis of two new ordinary...
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Shettima Leads Global Risk Talks at CRMI Conference in Lagos

Vice President Kashim Shettima will lead discussions at the 24th Annual International Conference of the Chartered Risk Management Institute of Nigeria, scheduled for this month in Lagos. Themed ‘Global Risks, Local Solutions’, the two-day summit will bring together senior policymakers, regulators, business leaders, and risk experts to address the world’s most pressing challenges, from climate...
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Nigerian Stock Market Rebounds with N60Bn Gain

Equities on the Nigerian Exchange opened the week on a positive note as investors recorded a N60bn gain at the close of trading on Monday, reversing losses from the previous week. The benchmark NGX All-Share Index inched up by 94.27 points, or 0.07 per cent, to close at 144,722.47, pushing the market capitalisation higher to...
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Heirs Energies Champions Energy Sufficiency in Africa

Heirs Energies, Africa’s leading indigenous-owned integrated energy company, has continued to amplify its commitment to energy sufficiency for Africa with a strong presence at two landmark events: the US–Africa Energy Forum and the Namibia International Oil & Gas Conference 2025. The company’s strategy focuses on responsibly harnessing Africa’s vast natural resources to deliver energy security,...
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Tinubu Lauds New LPG Vessel for Clean Energy in Africa

President Bola Tinubu has commended the Nigerian National Petroleum Company Limited and Sahara Group for their dedication to expanding Africa’s position within the global clean energy value chain. The President’s commendation came during Monday’s unveiling of WAGL Energy Limited’s new 40,000 cubic metre Liquefied Petroleum Gas vessel, ‘MT Iyaloja (Lagos)’, in Ulsan, South Korea. Represented...
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Naira Weakens to 1,533/$ at Start of Week

The naira started the new week on a weak note as it traded at 1,533.67/$ at the Nigerian Foreign Exchange Market domiciled on the Central Bank of Nigeria website, compared to 1,532.51/$ on Friday, indicating a 0.08 per cent dip. The exchange rate touched an intraday high of 1,535/$, and the lowest rate for the...
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Grandis Sets New Standard for Luxury Apartments in Lagos

The Grandis 5-Star Luxury Apartment & Suites in Victoria Island, Lagos, has garnered commendation from real estate and construction professionals for its strict adherence to global safety and quality assurance procedures. Although construction has yet to commence, the project’s design has already generated significant attention within the property and architectural community, according to a statement...
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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...