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Alpha Morgan gets leadership nod

28.05.2025
In a show of support for Nigeria’s evolving banking sector, Principal Consultant at Sam Adeyemi GLC, Sam Adeyemi, has commended Alpha Morgan Bank for its visionary leadership and commitment to customer satisfaction. In a statement made available to our correspondent on Sunday, Adeyemi made the remarks during a recent visit to the bank, where he...
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Stanbic IBTC partners firm to empower young entrepreneurs

28.05.2025
Orange Corners Nigeria has partnered with Stanbic IBTC Bank to support young entrepreneurs in the country. Orange Corners Nigeria is an initiative of the Kingdom of the Netherlands implemented locally by the Fate Foundation. The foundation announced its partnership with Stanbic IBTC Bank during a recent ceremony held in Lagos. According to a statement, Fate...
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Ekpo tells gas producers to raise output

28.05.2025
The Minister of State Petroleum Resources (Gas), Ekperikpe Ekpo, has charged major gas-producing companies operating in Nigeria to take concrete steps to increase daily gas production by one billion standard cubic feet per annum between 2025 and 2030. Ekpo said this is necessary to meet the national gas production aspirations and bring an end to...
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Operators tackle FG over enforcement of helicopter landing charge

28.05.2025
The long-standing dispute between helicopter operators and the Federal Government has resurfaced as the Nigerian Airspace Management Agency moves to reintroduce the controversial $300 helicopter landing fee. An internal memo obtained exclusively by The PUNCH on Monday revealed that the suspension of the fee has been lifted, and collection is set to resume immediately. The...
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World Bank pressures Nigeria for fresh tax hike

28.05.2025
The World Bank has asked the Federal Government to issue a presidential order raising excise duties on “sin goods” such as alcohol, tobacco, and sugary drinks as a key requirement under the $750m loan granted to Nigeria to reform its non-oil revenue mobilisation efforts. This requirement was captured in the World Bank’s latest Implementation Status...
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NSIA to host 15 African sovereign funds

27.05.2025
The Nigeria Sovereign Investment Authority will host over 15 African sovereign wealth funds and global investment leaders at the Africa Sovereign Investors Forum 2025, scheduled for June in Abuja. This was according to a press statement issued by NSIA’s Head of Corporate Communications, Joyce Onyegbula, on Monday. Themed “Leveraging African Sovereign Wealth Funds to Mobilise...
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Give hawkers better welfare, union urges govt

27.05.2025
The Nigeria Union of Hawkers has called on federal and state governments to prioritise the protection of hawkers’ rights and improve their working conditions, as it marked the 2025 International Hawkers’ Day. In a statement, the National President of the NUH, Comrade Babalola, made the appeal on the 2025 commemoration of Hawkers’ Day, themed ‘Empowering...
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Insurance firm appoints new CEO

27.05.2025
Prudential Zenith Life Insurance Limited has announced the appointment of Funmilayo Abimbola Omo as its new Managing Director and Chief Executive Officer. The company also named ‘Tokunboh Ishmael as the new Chair of its Board of Directors. The appointments followed Prudential Plc’s recent acquisition of the remaining 49 per cent of shares in Prudential Zenith...
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PenCom insists PFO owners, vendors must have PCC

27.05.2025
The National Pension Commission has insisted that the parent companies, subsidiaries and institutional shareholders in a licensed pension fund operator must hold a valid pension clearance certificate. This was disclosed in a fresh circular from the Commission on Friday, where it clarified that the investors of a PFO were not exempted from its earlier circular...
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NDPHC decries N600bn electricity debt, stranded 2,000MW

27.05.2025
The Management of Niger Delta Power Holding Company says the Nigeria Bulk Electricity Trading Plc and other bilateral entities are owing NDPHC close to N600bn, thereby hindering the company’s operations. The company decried what it called the dismal uptake of electricity from the electricity market, saying this is significantly weighing down its operations. The Managing...
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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
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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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