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United Capital Infrastructure Fund disburses N1.98bn dividends

05.03.2025
The United Capital Infrastructure Fund has announced a total dividend distribution of N1.98bn to its unitholders for the year ended 2024. In a recent statement, the fund which is the infrastructure fund of the leading Pan-African financial services group, United Capital Plc, has a bi-annual distribution structure, the Fund paid an interim distribution of N769m...
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Tinubu’s foreign trips attracted $50.8bn investments

05.03.2025
The Minister of Industry, Trade, and Investment, Jumoke Oduwole, has disclosed that the 30 foreign trips undertaken by President Bola Tinubu have attracted proposed investments worth $50.8bn into the country. Oduwole spoke on Tuesday during the ministerial press briefing series organised by the Ministry of Information and Cultural Orientation in Abuja. The minister, citing reports...
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FNSB hails FCMB on support for visually impaired persons

05.03.2025
The Federal Nigeria Society for the Blind has commended First City Monument Bank for supporting the visually impaired community in Nigeria. According to a statement on Tuesday, FCMB, through financial donations and essential supplies, has strengthened programmes at FNSB, Pacelli School for the Blind, Bethesda Home for the Blind, and Farmcraft Centre for the Blind,...
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FCT Hospital retains international standard certification

05.03.2025
Bwari General Hospital in the Federal Capital Territory has retained its International Organisation for Standardisation (ISO IS189:2022) certification, becoming Nigeria’s first and only government-owned medical laboratory to attain and maintain the ISO-151892033 accreditation. The Senior Special Assistant on Public Communication and New Media to the FCT Minister, Lere Olayinka, announced this in a statement on...
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CBN okays new directors

05.03.2025
The Central Bank of Nigeria has appointed 16 new directors across key departments, ending nearly two years of acting leadership in several units as the apex bank moves to strengthen its regulatory framework. Although the CBN has yet to issue an official statement on the appointments, multiple sources confirmed it to The PUNCH on Tuesday....
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LASG, firm advocate PPP for rapid industrialisation

05.03.2025
The Lagos State Government and Design Week have stressed the importance of public-private partnerships in accelerating the pace of industrialisation in the country. The call was made at the just-concluded Design & Innovation Exhibition, organised by Design Week, Lagos, in partnership with Ecobank Nigeria and the Ministry of Arts, Culture, Tourism, and the Creative Economy....
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Govt to integrate Remitta into new system – OAGF

05.03.2025
The Office of the Accountant-General of the Federation has clarified that the Federal Government has not abandoned Remitta as its approved Central Bank of Nigeria payment gateway, but rather, the platform will be integrated into the newly launched Treasury Management and Revenue Assurance System. In a statement issued in Abuja on Tuesday, the OAGF confirmed...
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AWIEF partners firms to bridge finance gap for women

05.03.2025
The Africa Women Innovation and Entrepreneurship Forum has partnered with the African Guarantee Fund and FSDH Merchant Bank Limited to bridge the $49bn financing gap experienced by female entrepreneurs on the continent. In a statement on Monday, AWIEF said the partnership will enable it to implement its flagship AWIEF Growth Accelerator programme in Nigeria, which...
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Equity market records N344.95bn loss

05.03.2025
Transactions on the floor of the Nigerian Exchange Limited on Tuesday closed on a negative note as investors lost N344.95bn, with the decline marking a downturn, tripling the market’s previous gains. The All-Share Index fell by 0.51 per cent to settle at 106,904.25 points from the previous close of 107,455.13 points. This brought the year-to-date...
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NGX declares N4.4bn dividend

05.03.2025
Nigerian Exchange Group Plc has declared a final dividend of N4.4bn for the 2024 financial year, the highest in the company’s history. In the group’s audited financial statement for the year ended December 31, 2024, the dividend, which translates to N2 per share, is subject to shareholder approval and applicable withholding tax. The group reported...
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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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