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Shettima Pushes Private Sector for Economic Growth

27.06.2025
Vice President Kashim Shettima has called on the organised private sector to support the Federal Government’s policy reforms aimed at building a resilient and inclusive economy. Speaking at the 4th edition of the Nigeria Employers’ Summit in Abuja, Shettima, who was represented by the Special Adviser to the President on Job Creation and MSME, Temitola...
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Africa Remittances Hit $95B: Nigeria, Egypt Lead

27.06.2025
Nigeria, Egypt, and Morocco have been listed as the highest recipients of the $95 bn remittance into the African continent in 2024. This was revealed in the State of Africa’s Infrastructure Report 2025 published by the Africa Finance Corporation. The report indicated that diaspora remittances have proved to be more stable than Foreign Direct Investment...
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Stanbic IBTC Expands Equity Base: 2.94bn Shares Listed

27.06.2025
Stanbic IBTC Holdings Plc has listed 2,944,772,083 additional ordinary shares of 50 Kobo each on the Nigerian Exchange Limited, following the successful completion of its rights issue. According to a market bulletin published by NGX Regulation recently, the new shares were listed on the Daily Official List of the exchange. The rights issue was executed...
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PenCom Urges PFAs to Diversify

27.06.2025
The National Pension Commission has urged pension fund administrators to diversify their investment portfolios by increasing allocations to alternative assets in a bid to enhance returns and ensure long-term sustainability. The Director-General of the Commission, Omolola Oloworaran, made this call during a sensitisation workshop on investment in alternative assets held in Lagos for Chairpersons of...
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FirstBank Academy Wins Global Award

27.06.2025
FirstAcademy, the training school of FirstBank, has been awarded the Gold Award for Best Corporate University in Social & Climate Change at the Global Council of Corporate Universities Awards 2025. According to the bank, the award, which was received by the bank in Paris, France, recognises FirstAcademy’s outstanding commitment to driving social and climate change...
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Nigeria Loses $1.1B Annually to Medical Tourism

27.06.2025
The African Export-Import Bank has revealed that Nigeria loses an estimated $1.1bn annually to medical tourism, a trend it described as a significant drain on the country’s foreign exchange and a major impediment to the development of its healthcare sector. This disclosure was made by the Bank’s Export Development Managing Director, Mrs Oluranti Doherty, during...
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NDLEA Seizes 14 Drug Containers in Apapa

27.06.2025
The National Drug Law and Enforcement Agency, Apapa Strategic Seaport Command, said that it intercepted 14 containers with different types of psychotropic drugs between June 2024 and June 2025. The Assistant Commander-General of Narcotics, Buba Wakawa, disclosed this on Thursday during the grand finale of the 2025 International Day Against Drug Abuse and Illicit Trafficking...
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Eko Disco Ends Estimated Billing

27.06.2025
The Eko Electricity Distribution Company has taken steps towards ending estimated billing among its customers. The DisCo said the company currently operates two metering schemes approved by the Nigerian Electricity Regulatory Commission, the Meter Asset Provider scheme and the Meter Acquisition Fund initiative. According to the utility company, the MAF was introduced to provide prepaid...
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Onne Terminal Opens Solar Water Project in Ogu

27.06.2025
Determined to tackle water scarcity, the Onne Multipurpose Terminal has inaugurated a new solar-powered water supply project in its host community, Ogu, in the Ogu/Bolo Local Government Area of Rivers State. Announcing this in a statement on Wednesday, the terminal explained that the project, comprising four solar-powered water systems each with a 4,000-litre capacity, marks...
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Key Drug Trafficking Entry Points – NDLEA

27.06.2025
The Apapa Strategic Command of the National Drug Law Enforcement Agency has stated that most imported contraband in the country comes through the seaports. The Apapa Strategic Commander of the NDLEA, Buba Wakawa, disclosed this on Monday while addressing journalists at the Command as part of activities to mark the commemoration of the 2025 International...
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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
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

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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