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Cardoso named Central Bank Governor of the Year

30.05.2025
Governor of the Central Bank of Nigeria, Mr Olayemi Cardoso, has been named Central Bank Governor of the Year at the 2025 African Banker Awards held in Abidjan, Côte d’Ivoire. The award was presented at a gala on Wednesday, May 28, and was conferred by African Banker magazine in recognition of what organisers described as...
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FCMB reaffirms support for Ojude Oba festival

30.05.2025
Financial services group FCMB Group Plc has reaffirmed its commitment to the Ojude Oba festival, describing it as a platform to drive trade and investment through arts, crafts, tourism, and hospitality. Speaking ahead of the event coming on the heels of the Sallah celebration, the FCMB’s Divisional Head of Corporate Affairs, Mr Diran Olojo, said...
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Mauritanian Tah elected AfDB’s ninth president

30.05.2025
Mauritanian Sidi Ould Tah has been elected the ninth president of the African Development Bank Group. Tah was elected by the Board of Governors at the Bank’s Annual Meetings held in Abidjan, Côte d’Ivoire, on Thursday. The AfDB Board of Governors, which includes finance and economy ministers or central bank governors of the bank group’s...
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SEC decries investor preference for Ponzi schemes

30.05.2025
The Securities and Exchange Commission has expressed fresh concerns over Nigerians’ appetite for investing in Ponzi schemes despite the availability of safer, regulated investment products. The Head of the Enforcement Department at the SEC, Dr Sa’ad Abdulsalam, made this observation on Thursday at the Capital Market Enlightenment Programme organised for the Capital Market Correspondents Association...
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women empowerment

30.05.2025
Access Bank Plc, the Bill & Melinda Gates Foundation, and MicroSave Consulting have entered into a partnership to empower 50,000 female agents across Nigeria through a new financial inclusion initiative. The initiative, titled Scaling Female Agent Networks in Nigeria, aims to increase women’s participation in the agency banking space by providing them with training, financial...
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Firm builds terminal to cut crude evacuation cost

30.05.2025
Operators in Nigeria’s oil and gas sector have identified evacuation bottlenecks as a major obstacle to achieving the Federal Government’s target of three million barrels of crude oil production per day. Indigenous energy firm, Green Energy International Limited, has declared that the industry’s soaring crude oil production costs are poised to drop by at least...
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Fidelity Bank awards scholarships on Children’s Day

30.05.2025
Fidelity Bank Plc has unveiled a scholarship award and Read2Lead Anthology, a collection of essays written by young Nigerians as part of the bank’s flagship literacy initiative in commemoration of the 2025 Children’s Day. The initiatives were launched at the Children’s Day event of the bank held at the Fidelity Grounds in Oniru, Lagos, which...
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FG begins CNG buses rollout to federal varsities

30.05.2025
The Federal Government on Thursday flagged off the deployment of Compressed Natural Gas-powered buses to Nigerian universities, beginning with the University of Abuja, as part of efforts to cushion high transportation costs and promote cleaner energy use on campuses. The project, tagged ‘CNG-Sprout’, is the first phase of the “Project CNG Special Palliative Relief for...
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Broad money supply rose to N119tn in April – CBN

30.05.2025
Nigeria’s broad money supply rose to a record N119.11tn in April 2025, reflecting one of the sharpest monthly expansions in recent quarters, according to data from the Central Bank of Nigeria. The figure represents a 22.9 per cent increase from N96.97tn recorded in April 2024 and a 4.3 per cent rise from N114.22tn in March...
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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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