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Verve gets global recognition

21.03.2025
Verve, Africa’s leading domestic payments card scheme and token brand and a subsidiary of the Interswitch Group, has been named in the Global Payments Power 50 list by The Power 50. According to a statement made available to our correspondent on Wednesday, since its launch in 2009, Verve has grown into a leading payment card...
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Dangote Cement lists N38bn 10-year bond on NGX

21.03.2025
Dangote Cement Plc has listed its N38.2bn 10-year fixed-rate senior unsecured bonds on the Nigerian Exchange Limited. The bond, which carries an annual coupon rate of 23.5 per cent, is part of the company’s N300bn multi-instrument issuance programme. According to a filing by the Head of the Issuer Regulation Department at NGX, Godstime Iwenekhai, the...
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Customs officers pledge 4% of annual salary for CSR

21.03.2025
Operatives of the Nigerians Customs Service have pledged to donate four per cent of their annual wages to fund a Corporate Social Responsibility initiative, the Comptroller-General of NCS, Adewale Adeniyi, announced on Thursday. He said the management of the service concluded extensive consultation to commit four per cent of its annual wage bill to fund...
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NiMet guides 70m farmers using climate data

21.03.2025
About 70 million subsistence farmers have started receiving guidance from the Nigeria Meteorological Agency to achieve bountiful harvests through data-guided farming in the country, NiMet announced on Thursday. The Director-General and Chief Executive Officer of the Nigerian Meteorological Agency, Prof Charles Anosike, disclosed this during a partnership meeting with the American-based Global Green Development Group,...
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Unity Bank appoints acting MD/CEO

21.03.2025
Unity Bank has announced the appointment of Mr Ebenezer Kolawole as its acting managing director/chief executive officer following the retirement of Mrs Tomi Somefun, who has completed her tenure as MD/CEO and proceeded on terminal leave. According to a statement from the bank on Wednesday, the appointment was announced at the bank’s 18th Annual General...
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Firms unveil $500m fund for renewable energy

21.03.2025
The Nigeria Sovereign Investment Authority, the Sustainable Energy for All, the International Solar Alliance, and Africa50 have announced an innovative partnership for a $500m Distributed Renewable Energy Nigeria Fund to develop and finance renewable energy projects in Nigeria. According to a statement made available to our correspondent, NSIA, SEforALL, and Africa50 recently signed the Fund’s...
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65.5% of Nigerians want lending rates to drop – CBN

21.03.2025
A new Household Expectations Survey by the Central Bank of Nigeria (CBN) has revealed that 65.5 per cent of Nigerian households believe a reduction in lending rates would be best for the economy. The survey, conducted in February 2025, highlights public perception of key economic indicators, including inflation, interest rates, exchange rates, and economic confidence...
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ICSAN urges AI adoption for sustainable corporate governance

21.03.2025
The President of the Institute of Chartered Secretaries and Administrators of Nigeria, Funmi Ekundayo, has called for the adoption of artificial intelligence to enhance corporate governance and sustainability in Nigeria. She made the call on Wednesday at the ICSAN 2025 Company Secretaries and Registrars’ Forum in Lagos. Speaking at the forum themed “Enhancing the AI...
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Naira appreciates to 1530.52/$ at official window

21.03.2025
At the close of trading on Wednesday, the naira appreciated by 0.16 per cent to 1530.52/$ from 1532.93/$ in the previous trading session on the Nigerian Foreign Exchange Market, data from the Central Bank of Nigeria revealed. According to CBN data, the naira traded as high as 1545/$ and the lowest rate of 1500/$, which...
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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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