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Nigeria’s FX Stability in Focus After MPC Rate Decision

Financial analysts are optimistic that the Monetary Policy Committee of the Central Bank of Nigeria holding benchmark rates will further sustain relative stability in the country’s foreign exchange market and the downtrend of inflation, writes FELIX OLOYEDE Before the last Monetary Policy Committee meeting of the Central Bank of Nigeria, there were mixed expectations. Some...
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Africa Quality Awards & Exhibition Set for Lagos

The African Quality Academy is set to host the 11th edition of the African Quality Congress, African Quality Achievements Awards, and Exhibition later this month at the Oriental Hotel, Victoria Island, Lagos. The event, themed “Managing Quality for Growth, Innovation, and Improvement,” aims to promote quality culture, standards, and best practices across Africa. According to...
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Art Empowers Abuja IDPs With New Skills

Art in Heart Gallery Limited has taken its passion for creativity to over 200 internally displaced persons in New Kuchingoro, Abuja, with the aim of inspiring hope and transformation through art and crafts. The initiative, designed to connect IDPs to their creative essence, enables them to produce art and crafts that will be beneficial within...
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Golden Penny Foods Pledges Quality Nutrition at Enugu Food F

Golden Penny Foods, a Flour Mills of Nigeria Plc brand, has pledged to nourish Nigerian families with quality food products, following real-time feedback from consumers during its debut food festival in Enugu. According to a statement, the event, held at Ngwo Park, Uwani, drew hundreds of residents, families, students, and food lovers who participated in...
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Dangote Refinery Snubs Local Vessels, Opts for Angolan Fleet

African shipowners have stated that the Dangote Petroleum Refinery has displaced Nigerian shipowners, opting instead to utilise Angola’s fleet for the shipment of its crude and refined products. The President of the African Shipowners Association in Nigeria, Ladi Olubowale, told The PUNCH on Sunday that Dangote’s decision to rely on Angola-based vessels for logistics was...
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DLM Launches Money Market Fund for Investors

DLM Asset Management Limited, a subsidiary of DLM Capital Group, officially opened its DLM Money Market Fund, designed for capital preservation, liquidity, and competitive returns. According to the firm, the fund has been approved by the Securities and Exchange Commission and is open to both individual and institutional investors. The fund primarily invests in short-term...
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First Asset Launches Smart Investors Campaign

First Asset Management, a subsidiary of First HoldCo Plc, has launched a 100 million Smart Investors campaign to tackle the challenge of financial illiteracy and restore investor confidence in the nation’s capital market. In a statement on Saturday, the firm stated that the campaign is positioned as a direct strategy to rebuild investor confidence and...
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Firm Urges Public-Private Sector Synergy

The Managing Director of Hontar Project Company, Ayodeji Fasunwon, has called for stronger synergy between the public and private sectors to overcome systemic challenges in the real estate industry and make housing more accessible to Nigerians. Speaking at the firm’s fifth-year anniversary celebration held in Lagos, Fasunwon noted that the country’s housing problems, including affordability,...
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Nigeria Registers Construction Site Workers Under New CORBON

The Council of Registered Builders of Nigeria has introduced new registers to formally recognise and regulate building technologists, technicians, and craftsmen operating across construction sites in Nigeria. Chairman of CORBON, Dr. Samson Opaluwah, made the announcement on Friday at a press briefing held at the Council’s headquarters in Abuja. He said the move was in...
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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...