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CAC Defends New AI Portal Amidst User Complaints

21.07.2025
The Corporate Affairs Commission has said its newly deployed Artificial Intelligence-driven registration platform, the Intelligent Companies Registration Portal, now handles over 11,000 company registration and compliance cases daily. According to the commission, the portal recently processed 8,000 name reservation requests in a single day. It noted that this same task used to take at least...
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Nigeria Secures $20 Billion China Investment Deal

21.07.2025
The Director General of the Nigeria-China Strategic Partnership, Joseph Tegbe, has disclosed that Nigeria has secured over $20bn in investment commitments from China, aimed at transforming key sectors of the Nigerian economy. Tegbe said the investments are channelled into critical sectors such as agriculture, automotive manufacturing, steel, energy, and mining, adding that they are part...
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Diaspora Mortgage Unveiled for Nigerians Abroad by FMBN

21.07.2025
The Federal Mortgage Bank of Nigeria has introduced a range of innovative mortgage products tailored to the needs of diverse population groups, including the informal sector and Nigerians living abroad. The new products include a Rent Assistance Loan and a Home Improvement Loan, designed for self-employed individuals and daily earners who typically lack traditional documentation....
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NIMC Registers 122M Nigerians for NIN, Reduces Extortion

21.07.2025
The National Identity Management Commission says it has reduced incidents of extortion and unofficial charges in the identity enrolment process by over 40 per cent. This milestone comes as the number of Nigerians registered for the National Identification Number has risen to 122 million, marking a 49 per cent increase since January 2022, when enrolment...
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FirstBank Hits ₦1 Trillion in Digital Loan Disbursements

21.07.2025
FirstBank has announced that it has disbursed N1tn in instant digital loans. This was disclosed in a statement on Friday. FirstBank launched its first digital loan service in August 2019 and has developed a robust digital lending ecosystem designed with Artificial Intelligence and Machine Learning, to improve access to finance, especially to the high-risk customer...
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FG, FIRS Launch Tax Reform Awareness Campaign in Ibadan

21.07.2025
The Presidency, in collaboration with the Federal Inland Revenue Service, held a grassroots sensitisation drive across key areas of Ibadan to educate citizens about the recently signed Tax Reform Bills and how the new policies directly impact the public. The sensitisation drive was organised by the Presidential Community Engagement Office (South-West) and FIRS and focused...
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Customs to Support 50,000 Students with Learning Materials |

20.07.2025
The Nigeria Customs Service, under its Corporate Social Responsibility Initiative, tagged “Customs Cares,” said it is targeting to assist 50,000 students in Nigeria with educational materials in 2025. The Comptroller-General of Customs, Adewale Adeniyi, stated this in Lagos while commissioning a school, Christ Assembly Nursery and Primary School, located in Araromi in Ajeromi-Ifelodun Local Government...
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Otedola, FG Deny Involvement in N323.4bn First HoldCo Share

20.07.2025
First HoldCo Plc has officially denied reports linking its chairman, Femi Otedola, to the recent N323.4bn block sale of its shares, clarifying the actual parties involved in the transaction. In a statement signed by the First HoldCo’s Company Secretary, Adewale Arogundade, on Friday, the company addressed rumours circulating in the print and digital media about...
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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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