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IFC, Mohinani boost economy with plastic recycling

 The International Finance Corporation and the Mohinani Group are turning Nigeria’s plastic waste into a source of economic opportunity, with a focus on green manufacturing, job creation, and environmental sustainability. During an official visit to the Mohinani Group’s Sonnex rPET facility in Ikorodu, Lagos, recently, IFC Vice President of Corporate Support Elena Bourganskaia praised the...
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Nigerian firm wins innovation award

Pisi, an advertising technology company, has been honoured with the Nigerian Martech Award for Emerging Technology in Marketing. The recognition, announced on Tuesday, highlights Pisi’s innovative contributions to Nigeria’s digital marketing landscape and follows the successful launch of its cutting-edge TikTok and Telegram advertising solutions. Head of Business, Adtech at Pisi, Bukayo Ewuoso, in a...
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NGX crosses N70tn as Airtel, insurance stocks rally

The Nigerian Exchange closed on a bullish note on Tuesday as the equities market capitalisation surged past the N70tn mark, following renewed investor interest in heavyweight stocks like Airtel Africa and key players in the insurance sector. At the close of trading, the All-Share Index rose by 1,721.29 points, representing a 1.57 per cent increase...
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Moniepoint gets recognition

Moniepoint Inc. has been ranked by the Financial Times as one of Africa’s fastest-growing companies for the third consecutive year, reinforcing its rapid growth as one of the continent’s leading financial institutions for Africans everywhere. The recognition highlights Moniepoint’s continued ability to achieve strong, scalable growth. In a market where few companies successfully balance size...
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ICAN inaugurates Ifako-Ijaiye district – Punch Newspapers

The Institute of Chartered Accountants of Nigeria has inaugurated the Ifako-Ijaiye District Society in Lagos, marking a strategic milestone in its drive to enhance professional development, ethical standards, and community engagement at the grassroots level. The inauguration ceremony, held recently, is part of ICAN’s decentralisation strategy, which aims to expand the institute’s presence across the...
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Green Energy unveils first onshore oil export terminal

An indigenous energy firm, Green Energy International Limited, has unveiled the country’s first onshore crude oil export terminal in over five decades. The terminal, located at Otakikpo in Rivers State, is the first onshore export facility to be developed and operated by a private African company. It is expected to significantly boost Nigeria’s crude oil...
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IT firms target MDAs for digital governance reform

Two leading IT firms, Tranter IT and ManageEngine, have announced plans to engage over 150 Ministries, Departments, and Agencies in a renewed push to accelerate Nigeria’s digital governance reforms. The firms disclosed this in a joint statement on Monday, ahead of the 2025 edition of the ITGOV Conference scheduled to hold in Abuja on May...
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Digital savings platform nears N10bn on first anniversary

Ahead of its first anniversary, digital savings platform Jollof+ has announced nearing N10bn in savings by Nigerians across the country. In a statement on Tuesday, the platform said that it has become more than a fintech product but one helping thousands of Nigerians reclaim financial control and build wealth steadily and securely. Jollof+ is a...
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12-year-old emerges one-day CEO of Wema Bank

Wema Bank has unveiled 12-year-old Chiderije Mbah as its One-Day Managing Director/Chief Executive Officer for May 27, 2025, in commemoration of 2025 Children’s Day. In a statement on Tuesday, Mbah was unveiled at the bank’s headquarters in Lagos, Marina, marking the lender’s commitment to investing in the future even as it marks 80 years of...
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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...