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BOI advocates partnerships for industrial growth

27.01.2025
The Chief Executive Officer of the Bank of Industry, Dr Olasupo Olusi, has reaffirmed the importance of strategic collaborations between the public and private sectors to drive industrial growth and small and medium enterprise development in Nigeria. He underscored that such partnerships were essential for creating an environment conducive to innovation, job creation, and sustainable...
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CNG, electric cars attract $700m investment – FG

27.01.2025
The Federal Government has said that about $700m in investment was made in Compressed Natural Gas and electric vehicles last year. The Special Adviser on Energy to President Bola Tinubu, Olu Verheijen, said this was made possible by the various incentives announced by the President to support investments in electric mobility and midstream and downstream...
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P’Harcourt, Warri refineries will boost energy sufficiency – NEITI

27.01.2025
The Nigerian Extractive Industries Transparency Initiative has said the reopening of the 210,000 bpd Port Harcourt Refinery and 150,000 bpd Warri Refinery is a huge step towards achieving energy self-sufficiency and strengthening economic sustainability. The Nigerian Petroleum Authority, in a statement signed by its Acting Director, Public Affairs and Stakeholder Engagement, Mr. Obiageli Onuora, on...
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US won’t halt Nigerian exports under AGOA – MAN

27.01.2025
The Manufacturers Association of Nigeria Export Promotion Group has assured Nigerian exporters that the country’s participation in the African Growth and Opportunity Act remains secure, even with a change in the United States administration. Secretary of MANEG, Dr. Benedict Obhiosa, disclosed this during a telephone interview with The PUNCH, stating that Nigeria remains in good...
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1,866 employers receive pension compliance certificates

27.01.2025
About 1,866 employers have received pension compliance certificates in 2025 from the National Pension Commission. According to the latest schedule released by the regulator, dated January 22, 2025, PenCom started to issue certificates on January 2, which will expire on the 31st of December, 2025. According to the Commission, the employers have between three and...
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Fintech firm plans major B2B growth in digital shift

27.01.2025
Nigerian fintech Loma Bank said it is positioning itself to take advantage of Africa’s evolving fintech landscape by focusing on business-to-business growth, as the digital finance sector undergoes significant transformation. The disclosure was made in a note to The PUNCH, where the bank highlighted emerging trends reshaping the sector. Nigeria’s fintech sector is rapidly growing,...
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Regulator confirms REX Insurance’s new directors

27.01.2025
The National Insurance Commission has approved the appointments of key executives to the Board of Rex Insurance Limited. The newly appointed executives include Executive Director, Technical, Adesola Akintayo; Chief Financial Officer, Abayomi Kayode; Chief Digital Information Officer, Adeyinka Aderombi; and Head, Underwriting, Kazeem Sulaimon. Speaking on the new appointments, the Chairman, Board of Directors, Dr....
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Foundation empowers parents with N48m

27.01.2025
Oyetty Foundation for Special Parents said it spent N48.5m in 2024 on the empowerment of parents of children with special needs in the country, the foundation disclosed in a statement over the weekend. Speaking during its second anniversary in Lagos, the founder of the organisation, Oyetola Akande, said the amount spent was to help the...
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Baobab supports SMEs with over N323bn loans

27.01.2025
Baobab Microfinance Bank has reaffirmed its commitment to empowering small and medium-sized enterprises and micro-entrepreneurs across Nigeria by disbursing loans worth over N323bn to more than 407,000 customers. Baobab said in a statement that it has positioned itself as a key player in fostering economic growth, job creation, and innovation in Nigeria through its financial...
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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...

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04.10.2024
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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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