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SMEDAN lauds Katsina govt over N250m MSME loan

The Small and Medium Enterprise Development Agency of Nigeria has commended the Katsina State Government for disbursing N250.7 m in MSME loans, aimed at strengthening small businesses across the state. According to a statement signed by the Director-General and Chief Executive Officer, SMEDAN, Charles Odii, congratulated and commended the Katsina State Enterprises Development Agency for...
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Idowu named technical member for N’Delta Mangrove Conservation

In a significant development for environmental advocacy in Nigeria, Olumide Idowu has been selected as a technical member for the Niger Delta Mangroves Awareness initiative by the National Council on Climate Change. A statement disclosed that the appointment underscores the commitment of the NCCC to enhancing awareness and protection of the vital mangrove ecosystems in...
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Firm begins campaign on cleaner, safer cooking

SustyVibes, a youth-led organisation making sustainability actionable and relatable for young Africans, has launched the Naija CookWise campaign to promote the adoption of cleaner cooking fuels among one million women and youth in Nigeria. The campaign, supported by the Urban Movement Innovation Fund, aims to raise awareness of the dangers of traditional cooking methods, highlight...
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Nem Insurance records N23.3bn gain

Nem Insurance Plc recorded a profit after tax of N23.3bn, reflecting a 76 per cent increase compared to the N13.3bn achieved in 2023. In the company’s financial statement for the fourth quarter of 2024 filed on the Nigeria Exchange Limited on Tuesday, its revenue for the year soared by 87 per cent, reaching N97.1bn in...
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Operators to discuss CNG benefits at expo

Global and regional energy stakeholders will convene for the sixth West Africa LPG Expo 2025, a flagship event advancing West Africa’s clean energy transition to discuss the economic benefits of compressed natural gas. The West Africa LPG Expo 2025, scheduled for March 3–4, 2025, in Lagos, would feature discussions on liquefied petroleum gas and compressed...
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$3bn power investment to benefit 23m Nigerians

President Bola Tinubu says Nigeria is leveraging over $3.25 billion in foreign investment to ensure a steady power supply to 23.7 million people. He said Nigeria is resolute in electrifying its most remote and hard-to-reach communities for energy equity. Tinubu said this at the just concluded Mission 300 Africa Energy Summit in Dar es Salaam,...
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Odogwu Bitters unveils sachet packs

Odogwu Bitters has launched a sachet version of its herbal drink. In a statement on Tuesday, the company said the new format, which combines honey, ginger, and herbs, allows for easy portability, making it ideal for consumption. According to the statement, retailers in cities like Lagos, Aba, Port Harcourt, and Onitsha have reported sales, and...
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Aradel Holdings posts N247.8bn profit

An energy company, Aradel Holdings Plc, has reported a profit after tax of N247.8bn. This represents a 361 per cent growth compared to the N53.8bn recorded in the previous year. The company’s audited financial statement for 2024 filed on the Nigeria Exchange on Tuesday showed an increase in revenue, which surged by 162.7 per cent...
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Union Bank rewards 360 customers with N21m

Union Bank has announced the first set of winners in its inaugural monthly draws for its Save and Win Palli Promo 4. In a statement on Monday, it was revealed that the first live draw of this season, which took place at the bank’s head office in Marina, Lagos, rewarded 60 customers with N100,000 each...
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Gamic empowers users to earn rewards

Gamic, a blockchain-powered platform, said it revolutionising how millions of Africans engage with digital services by enabling users to earn rewards through everyday interactions. In a statement released on Tuesday, the company detailed its mission to empower users across Africa by rewarding them for activities such as inviting friends, joining communities, or transacting via the...
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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...