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FG Backtracks on Deductions After NLC

18.08.2025
•NSITF moves to avert strike, says AGF will refund workers, NLC leaders meet The Federal Government has pledged to reverse deductions from the Employees’ Compensation Scheme managed by the Nigeria Social Insurance Trust Fund, to ease tensions with the Nigeria Labour Congress, following the threat of a nationwide strike by the union. Last week, the...
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Dangote’s 3,550 CNG Truck Delivery Delayed by Shipping Crisi

18.08.2025
The planned fuel distribution by the Dangote Petroleum Refinery with 4,000 Compressed Natural Gas-powered trucks could not start on Friday due to logistics challenges in China, The PUNCH reports. The $20bn Lekki-based firm had earlier announced plans to kick off the direct fuel distribution exercise with the 4,000 CNG-powered trucks. The trucks were ordered from...
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Kogi Gov Pledges Pension Reform, Welfare Priority

18.08.2025
The Governor of Kogi State, Ahmed Ododo, has reaffirmed his administration’s commitment to the welfare of pensioners, assuring that measures are in place to guarantee the regular disbursement of gratuities and the gradual clearance of outstanding pension liabilities. According to a statement from the National Pension Commission on Saturday, the governor pledged during a courtesy...
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Cornerstone Insurance Unveils AI Chatbot “Cici”

18.08.2025
Cornerstone Insurance has introduced a new AI-powered chatbot named Cici. At the unveiling at its headquarters in Lagos, the officials of the firm disclosed that the chatbot will improve customer experience and operational efficiency. The chatbot, which is available on multiple platforms, is able to help customers buy pre-priced insurance policies, assist with claims settlement...
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FCMB & Dutch Bank Back Agritech Startups with N20M Grants

18.08.2025
First City Monument Bank and the Dutch Entrepreneurial Development Bank have announced the launch of the FCMB–FMO AgriTech Investment Readiness Programme 2025. This initiative aims to identify, support, and finance Nigeria’s most promising agritech startups and Small- to Medium-sized Enterprises. In collaboration with Heave Ventures, the programme is designed to enhance access to capital while...
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CBN Champions Women’s Financial Inclusion, Leadership at WIM

18.08.2025
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has reaffirmed the central bank’s commitment to advancing women’s financial inclusion and leadership development as a cornerstone of the nation’s economic growth strategy. Delivering a goodwill message on his behalf at the 2025 WIMBIZ Women on Boards Mentoring Graduation in Lagos on Saturday, the Director...
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Insurance Reform, Foreign Capital, Local Fears

18.08.2025
Nigeria’s insurance sector is set for sweeping changes as the long-awaited Insurance Industry Reform Act 2025, signed by President Bola Tinubu on Tuesday, takes effect. The landmark law aims to boost growth, attract foreign investment, and modernise operations, while sparking debate over the survival prospects of local insurers under tougher capital rules, OLUWAKEMI ABIMBOLA reports...
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Zenith Bank Celebrates 35th Anniversary, Honors Pioneers

18.08.2025
Zenith Bank Plc has honoured pioneer customers and long-serving staff members as it celebrated its 35th anniversary in Lagos. According to a statement on Saturday, the anniversary celebration brought together key stakeholders, partners, staff and friends of the bank to acknowledge over three decades of excellence, innovation and reliability in the Nigerian banking sector. Founded...
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FIRS Warns Taxpayers on Hiding Transactions with E-Invoicing

18.08.2025
The Federal Inland Revenue Service has warned taxpayers against falling for the temptation to hide transactions with the going live of the new National E-Invoicing Solution (Merchant-Buyer Model), as transaction monitoring has become easier. This piece of advice was given to a gathering of large taxpayers in Lagos during the just-concluded two-day post-launch workshop. 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
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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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