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CBN vows to strengthen Nigeria-Saudi economic ties

The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has restated the bank’s commitment to boosting economic cooperation between Nigeria and the Kingdom of Saudi Arabia. According to a press statement from the CBN on Sunday, Cardoso made this known during a courtesy visit to the CBN headquarters by the Saudi Arabian Ambassador to...
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Lagos-Calabar highway: FG pays N15bn compensation

The Federal Government has revealed that N15bn out of the N18bn meant for the first phase of compensation to owners of demolished properties along Section One of the Lagos-Calabar Highway has been disbursed. It disclosed this in Lagos on Sunday at a stakeholders’ meeting on the Lagos-Calabar Coastal Highway. The Director of Federal Highways, Bridges,...
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Young Nigerians will drive AI for economic growth – Group

The West/South-South Director for Young Professionals for Tinubu, Victor Benjamin, believes young Nigerians would drive the projected $15bn addition to the economy from artificial intelligence. According to a statement made available to The PUNCH on Sunday, Benjamin said the key to ensuring this value to the economy becomes a reality is to equip youths with...
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TAJBank wins Islamic bank award

Nigeria’s non-interest banking services provider, TAJBank Limited, has won an award at the just-concluded IFN Awards in Dubai, a recognition as the country’s most innovative and value-driven non-interest lender. According to a statement on Monday, the ‘Best Islamic Bank in Nigeria’ award was won by TAJBank through a global survey/poll conducted by the Islamic Finance...
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DMO auctions N350bn FGN February savings bonds

The Debt Management Office has reissued N350bn worth of Federal Government Saving Bonds in February. The bonds are offered for subscription by auction on Monday, according to the offer circular issued by the DMO on behalf of the Federal Government. For the January N450bn bonds auction, DMO announced that it successfully raised a total of...
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Shettima, Sanusi attend EFInA rebranding event

The Vice President, Ibrahim Shettima and Khalifa Muhammad Sanusi II were among the dignitaries who attended the rebranding event of Nigeria’s leading market facilitator for financial inclusion, ‘Enhancing Financial Inclusion and Advancement,’ on Friday in Lagos. The event marking the unveiling of its refreshed brand identity and new five-year corporate strategy also served to introduce...
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Stanbic IBTC holds gas, infrastructure conference – Punch Newspapers

Stanbic IBTC Bank’s Corporate and Investment Banking division is set to hold a Gas and Infrastructure Conference aimed at bringing key stakeholders from the energy and infrastructure sectors together. According to a statement from the bank on Sunday, the conference, scheduled to be held on Tuesday, will focus on the theme ‘Driving Gas and Infrastructure...
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ILO partners firm on inclusive AI expansion

Artificial intelligence is transforming the world of work at an unprecedented pace, bringing both opportunities and challenges for workers, businesses, and policymakers. The European Economic and Social Committee and the International Labour Organisation held a joint high-level conference entitled ‘Social Justice in the Digital Era: AI’s Impact on Work and Society,’ gathering over 300 experts,...
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AIICO honours outstanding financial advisers

Composite insurer AIICO Insurance Plc has celebrated and rewarded the performance of its outstanding financial advisers nationwide. In a statement over the weekend, AIICO said that the financial advisers received their recognition at the Annual Agency Field Force Awards Night, held in Lagos. Present at the event were the Managing Director/CEO of AIICO Insurance Plc,...
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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...