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FITC Urges Firms to Adopt Social Governance

The Financial Institutions Training Centre states that Nigerian and African businesses must adopt environmental, Social and governance principles to drive competitiveness and institutional resilience. According to a statement, the Managing Director/Chief Executive Officer of FITC, Chizor Malize, speaking in Lagos on Friday, ahead of the organisation’s inaugural Sustainability ESG Conference, scheduled to hold on June...
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BOI Unveils Sustainable Finance Framework

The Bank of Industry has announced the launch of its Sustainable Finance Framework to drive inclusive and climate-resilient growth in Nigeria. In a statement on Saturday, BOI described the framework as a strategic blueprint that establishes a strong foundation for aligning the bank’s financing activities with global sustainability and leading environmental, social, and governance practices....
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Brands Must Align With Nigerian Culture

Marketing professionals have stressed the need for brands to integrate culture into their strategy to better connect with Nigerian consumers and preserve local values in the face of globalisation. According to a statement, the Executive Chairman of CMRG Limited, Lanre Fasakin, argued that culture and marketing are inextricably linked and must not be treated in...
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Prudential Zenith Leads Lagos Initiative

Prudential Zenith Life Insurance has joined forces with the Lagos Waste Management Authority and the Lagos State Waterways Authority to conduct an environmental cleanup campaign along the Ozumba Mbadiwe waterfront. According to a statement from the insurance firm, the clean-up exercise resulted in about three tonnes of plastic waste being removed from key locations along...
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Empty Containers Cost Nigeria $500M Yearly

A maritime research group under the auspices of the Sea Empowerment and Research Centre has stated that Nigerian importers are losing $500m annually to inconsistent exchange rates and other importation challenges related to over 100,000 empty containers littering the nation’s ports. This was contained in a document obtained by our correspondent on Sunday, signed by...
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FG’s N200bn Investment & Free Fertilize

The Federal Government has invested over N200bn in the agricultural sector as part of its efforts to boost food production and ensure national food security. The Minister of the Federal Ministry of Agriculture and Food Security, Abubakar Kyari, in a statement released on Sunday, said, ” The ministry has invested over N200bn in terms of...
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Journalists’ Village Housing Project Gets Govt Backing

Minister of Housing and Urban Development, Ahmed Musa Dangiwa, has thrown his weight behind the NUJ FCT Council’s Journalists’ Village Project, assuring the body of land allocation and support through the Ministry’s cooperative housing initiatives. The Director of Press and Public Relations, Ministry of Housing and Urban Development, Salisu Haiba, said this in a statement...
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N11.9bn Monthly Pension Increase Benefits 233,000 Retirees

The Director-General of the National Pension Commission, Ms Omolara Oloworaran, has revealed that over 233,000 retirees on the Programmed Withdrawal plan would benefit from the improvement in the monthly payout, which has increased to N11.9bn from N8.3bn. Oloworaran disclosed this at the second quarter press briefing held in Lagos. Describing the increase in the monthly...
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Obiora Appointed Housing Nigeria’s BOT Chairman

The Association of Housing Corporations of Nigeria has announced the appointment of Chime Obiora as the Chairman of the Board of Trustees of the Association. In a statement in the wake of its 112th Council Meeting in Abuja, it was noted that Chime succeeds the former Chairman, Gabriel Aduku, who passed away last year after...
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Group Life Assurance Training for MDAs

The National Insurance Commission and the Office of the Head of the Civil Service of the Federation have organised a workshop on Group Life Assurance Policy in Abuja. According to a statement from the regulator, the workshop is aimed at enhancing the understanding and implementation of the group life policy among stakeholders from government ministries,...
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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...