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DataPro to train journalists

Nigeria’s technology-driven credit rating agency, DataPro, has announced March 27, 2025, as the date for its annual virtual training for media practitioners. In a statement made available to our correspondent by the firm on Tuesday, the training, which began in 2021 as part of the company’s corporate social responsibility initiative, aims to enhance public awareness...
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LAPO Microfinance Bank advocates women empowerment

LAPO Microfinance Bank, a leading financial institution dedicated to empowering women and promoting financial inclusion, has reaffirmed its commitment to gender equality as it joins the world in celebrating International Women’s Day 2025 under the global theme, ‘Accelerate Action’. As part of its ongoing efforts to support women’s economic empowerment, LAPO MfB is organising a...
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Access Bank to empower women, promote financial growth

Access Bank has announced plans to honour the Power of 100 awardees at its upcoming International Women’s Day Conference, as part of its efforts to promote women’s empowerment and financial growth. In a statement made available to our correspondent by the bank on Wednesday, the conference, scheduled for March 28, 2025, will celebrate women who...
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Axxela to boost industrial growth with energy security

Axxela Limited, a gas and power solutions provider in sub-Saharan Africa, has reiterated its commitment to enhancing energy security, driving industrialisation, and promoting environmental sustainability in Lagos State and Nigeria. Axxela made this pledge during a tech visit to the Lagos State Governor, Babatunde Sanwo-Olu, at the Lagos House, Marina. In a statement, the company...
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Xenergi refutes claims of land disputes

Xenergi has denied claims that it encroached on land belonging to Adelabu in the Oluji area of Delta State. A statement said to have been signed by a spokesperson of the Umuseti Community said the land was purchased by Axxela, alleging that Xenergi once tried to claim ownership of a piece of land in 2014....
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Zenith Bank profit hits N1.3tn

The profit before tax of Zenith Bank surged by 67 per cent to N1.3tn at the end of the 2024 financial year from N796bn in 2023. This was indicated in the audited financial report filed with the Nigerian Exchange Limited on Wednesday. According to the annual report, Zenith Bank’s profit before tax increased by 67...
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NGX capitalisation drops by N74bn as bears dominate

The Nigerian Exchange lost N74bn in market capitalisation at the close of trading on Wednesday as the All-Share Index declined by 0.1 per cent to settle at 105,485.99 points. The exchange’s overall market capitalisation now stands at N66.1tn. At the end of the session, a total of 1.29bn shares valued at N12.49bn were exchanged in...
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US commends Nigeria on ISPS implementation

The United States Coast Guard has commended Nigeria over what they described as considerable progress in the implementation of the International Ships and Ports Facility Security Code. The Head of Public Relations at the Nigerian Maritime Administration and Safety Agency, Mr Osagie Edward, said this in a statement on Monday. According to the statement, Joe...
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CBN bolsters moves to stabilise naira

Nigeria’s external reserves have increased by almost 20 per cent over the last 11 months, raising hope for a stronger naira, writes FELIX OLOYEDE When President Bola Tinubu assumed office on May 29, 2023, Nigeria’s external reserves were at $35.09bn. However, by January 9, 2024, this amount had dropped by 5.87 per cent to $33.04bn,...
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PenCom urges states to implement contributory pension scheme

The National Pension Commission has urged state governments to implement the Contributory Pension Scheme to boost the welfare of retirees. According to the pension industry regulator in an advertorial on Wednesday, only 11 states have commenced the implementation of the CPS as of December 2024. The Pension Reform Act (PRA) of 2004 was landmark legislation...
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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...