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NLC seeks domestic workers unionisation

The Nigeria Labour Congress and affiliates have intensified efforts to secure full bargaining rights for domestic workers, emphasising that they must be recognised as formal employees under Nigerian labour laws. The union is currently working to ensure domestic workers are registered as a trade union, granting them better protection, fair wages, and improved working conditions....
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Africa’s young workforce will rule economies – PMI boss

The managing director of the Project Management Institute, Sub-Saharan Africa, George Asamani, has projected that by 2050, Africa’s youthful workforce could become one of the most powerful economic forces in the world, bridging labour gaps in ageing economies. According to a statement, Asamani described Africa as the cradle of humanity and the driver of global...
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NGX chairman joins Africa Oil Corp board

The Chairman of the Nigerian Exchange Limited and founder & CEO of Petralon Energy, Ahonsi Unuigbe, has been appointed to the Board of Directors of Africa Oil Corp, a Toronto Stock Exchange (TSX)-listed entity. His appointment highlights increasing cross-border collaboration between African and global capital markets. Unuigbe, a seasoned expert in oil and gas, capital...
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New report exposes gaps in Nigeria’s innovation growth

A groundbreaking report has revealed deep-rooted barriers stalling Nigeria’s research commercialisation, calling for urgent reforms to bridge academia-industry gaps, secure funding, and strengthen intellectual property protection. The Nigeria Impact Investing Research and Industry Collaborative Stakeholder Mapping Report, launched in Lagos by the Impact Investors Foundation, highlighted major weaknesses within Nigeria’s innovation ecosystem, including fragmented efforts,...
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Nigeria’s digital payments, others to hit $1.5tn – Report

The digital payments economy in Nigeria and other African countries is projected to hit $1.5tn by the end of this decade, driven by improved internet penetration and financial inclusion rate. This estimate was indicated in the Mastercard-commissioned report by Genesis Analytics, which was made available to The PUNCH on Tuesday. According to the report, Africa’s...
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BoI designates FIC as service provider

The Bank of Industry has designated FIC Professionals Network Plc as a business development service provider to guide and support small and medium enterprises seeking credit. In a statement on Tuesday, the firm explained that BDSPs serve as vehicles to support the bank’s core mandate of providing long-term financial and business support services to micro,...
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Stanbic IBTC advocates sustainable financial planning

Stanbic IBTC Bank has reiterated its commitment to helping Nigerians build lasting financial legacies through sustainable wealth management and strategic financial planning. The Chief Executive of Stanbic IBTC Bank, Wole Adeniyi, highlighted the importance of proactive wealth management in a statement announcing the reintroduction of private banking by the bank. Adeniyi noted that in today’s...
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Discos rake in N509bn amidst serial grid collapses

Electricity consumers paid a total of N509.84bn in the fourth quarter of 2024 despite enduring five grid collapses within the same period, The PUNCH reports. The Nigerian Electricity Regulatory Commission said in a report that there were three incidents of total collapse and two incidents of partial collapse on the national grid in 2024/Q4. NERC...
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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...