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PalmPay does not give loans, says CEO

Digital payment platform PalmPay has reaffirmed its role as a mobile payment provider, distancing itself from any direct involvement in loan disbursement. The Mobile Money Operator with 35 million customers explained that all lending activities on its platform are conducted by third-party financial institutions leveraging its ecosystem, not PalmPay itself. Speaking at a press conference...
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NSE tasks graduates on AI adoption for national development

Experts in the Nigeria Society of Engineers have called on young graduates to embrace artificial intelligence as a transformative tool for the nation’s engineering and entrepreneurial landscape. Speaking at an event organised by the Nigeria Society of Engineers in conjunction with the Faculty of Engineering, University of Lagos, the NSE Lagos Branch Chairman, Kesha Olukorede,...
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LASG mandates CCTV for six-floor buildings, others – Punch Newspapers

The Lagos State Government says it would henceforth demand the mandatory installation of CCTV cameras in buildings of six floors and above as a prerequisite for the issuance of planning permits. This was made known in Alausa recently by the Commissioner for Physical Planning and Urban Development, Dr. Oluyinka Olumide. The commissioner said, “Property owners...
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Pelican Valley pledges to share diaspora investment potential

The Chief Executive Officer of Pelican Valley Nigeria Ltd, Babatunde Adeyemo, will on Tuesday share his wealth of experience on sensitisation and advocacy programme for promoting diaspora investment potentials in Ogun State and the rest of the South-West geopolitical zone. In a statement, it was stated that the event being organised by Nigerians in Diaspora...
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NIRSAL eyes yield-based insurance for agric sector – Punch Newspapers

Financial institution, NIRSAL Plc, has revealed a shift towards yield-based insurance in the agricultural sector to drive growth of the economy. This was disclosed by the Principal Manager, Agribusiness Finance and Investment, NIRSAL Plc, Akinola Baiyewu, at the 2025 Annual Outlook Conference organised by Meristem recently in Lagos. The third quarter 2024 GDP report from...
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PalmPay intensifies drive for cashless payments

PalmPay, one of Africa’s leading fintech platforms, has reiterated its commitment to advancing cashless payments and promoting financial inclusion in Nigeria. The mobile money operator, which serves over 35 million customers, is rapidly expanding into underserved markets to make financial services more accessible. As part of its ongoing efforts, PalmPay aims to support Nigeria’s transition...
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Nigeria eyes $79bn export through AfCFTA

Nigeria targets an export market of up to $79bn through the expansion of her export capacity with the African Continental Free Trade Area framework. Minister of Industry, Trade, and Investment, Dr Jumoke Oduwole, said this on Thursday at a high-level roundtable on the country’s implementation of the AfCFTA protocols in Abuja, featuring AfCFTA Secretariat’s Secretary...
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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...