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Wema Bank kicks off 80th anniversary celebration

11.02.2025
Wema Bank has commenced its 80th anniversary with the launch of a Valentine campaign. In a statement on Monday, the bank said the campaign titled ‘80 Years of Spreading Love’ is a customer-focused campaign designed to reward loyalty, strengthen connections, and create unforgettable experiences for customers across all segments. In the promo, the lender said...
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Research centre pledges to boost renewable energy adoption

11.02.2025
An initiative seeking to tackle Africa’s energy and e-waste challenges has been unveiled with the establishment of the Circular Economy Powered Renewable Energy Centre. The launch of the Pan-African research centre was announced during a virtual press briefing held on Monday. The centre will focus on driving sustainable energy solutions through circular economy innovations, uniting...
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Nigeria to benefit from $4.4bn agro-industrial investment – AfDB

11.02.2025
President of the African Development Bank, Akinwumi Adesina, has revealed that Nigeria will gain significantly from a $4.4bn investment aimed at expanding the Special Agro-Industrial Processing Zones across all 36 states and the Federal Capital Territory. In an interview with Arise TV on Monday, Adesina said agricultural transformation is critical to fostering broader economic growth....
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Benue vows to reclaim entitlements in Dangote Cement

11.02.2025
The Benue State Government on Monday vowed to reclaim its holdings and allied entitlements in Dangote Cement Company Limited following the Rights Issue of 2005. The Managing Director of Benue Investment and Property Company, Dr Raymond Asemakaha disclosed this at a press conference in Makurdi. He said the state government is demanding the allotment of...
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NASENI mandates institutes to use homegrown innovations

11.02.2025
The National Agency for Science and Engineering Infrastructure has directed its development institutes to prioritise in-house products and technologies to strengthen internal collaboration and drive commercialisation. The policy, approved by the agency’s Executive Vice Chairman Khalil Halilu, requires all NASENI institutes to patronise each other’s innovations before seeking external alternatives, the agency said in a...
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Enugu grows IGR by 1,000% – Mbah

11.02.2025
Enugu State Governor, Dr. Peter Mbah, has revealed that strategic economic and financial inclusion policies propelled the state’s Internally Generated Revenue from N30bn annually to a staggering N500bn, marking a 1,000 per cent growth. Mbah emphasised that Nigeria’s economic aspirations can only be realized through targeted programmes that uplift vulnerable citizens, stressing that economic expansion...
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KBL promotes awareness of third-party motor insurance

11.02.2025
KBL Insurance Limited has launched an awareness campaign to drive road safety and regulatory compliance with relevant insurance laws and regulations, especially as it relates to third-party insurance policy. This move followed the nationwide enforcement of third-party motor insurance by police since the beginning of February. In a statement, the Managing Director/Chief Executive Officer of...
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Guinea Insurance’s profit drops 69%

11.02.2025
Guinea Insurance Plc has reported a 69 per cent drop in its profit for the year ending December 31, 2024. According to its financial statement filed on the Nigerian Exchange on Thursday, the insurer posted a profit of N147.6m, down from N477.8m in 2023, reflecting a decline in its profitability over the period. The decline...
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VFD Group divests N7bn stake in Atiat

11.02.2025
VFD Group Plc has announced the divestment of its 57.26 per cent stake in Atiat Limited in a deal valued at over N7bn. In a notice filed with the Nigerian Exchange Limited by the Company Secretary of VFD Group, Gbeminiyi Shoda, recently, the company disclosed that its board approved the full divestment of 343,546,646 ordinary...
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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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