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Passengers fault FG’s 50% transport subsidy in four states

08.01.2025
Passengers have faulted the 50 per cent transport palliative scheme of the Federal Government that ended on Sunday, January 5, 2025. They also accused the transport unions and executors of the programme of fraud and sharp practices. Last month, the Federal Ministry of Transportation announced that a 50 per cent yuletide transport palliative would start...
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IMTO inflows rise 63.7% in nine months – CBN

08.01.2025
The Central Bank of Nigeria has reported a 63.7 per cent increase in international money transfer operator inflows during the first nine months of 2024. According to the latest quarterly statistical bulletin released by the apex bank, inflows rose from $2.33bn recorded during the same period in 2023 to $3.82bn in 2024. The significant growth...
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How govt raised oil production to 1.8mbpd – Lokpobiri

08.01.2025
The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has disclosed how the Federal Government attracted foreign investors to boost oil production to 1.8 million barrels per day. From one million barrels per day in 2023, Lokpobiri stated that oil production has now risen to 1.8mbpd, including condensates. In a statement on Monday, the...
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Adoption of blockchain technology can boost Nigeria’scompetitiveness

08.01.2025
Blockchain  specialist, Tunde Ogunyankinnu, has highlighted the transformative potential of blockchain technology in revolutionising Nigerian supply chains. He explained that by leveraging blockchain-powered smart contracts, businesses can automate critical processes such as order processing, inventory management, and payment approvals. Smart contracts replace manual, paper-based processes with automated systems embedded in blockchain technology. Tasks like order...
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Meta scraps fact-checking program for X-like community notes

08.01.2025
Meta CEO Mark Zuckerberg announced on Tuesday that the company will phase out its fact-checking program and introduce a new community notes feature similar to that of X, previously known as Twitter. According to Zuckerberg, the change, which will begin in the U.S., aims to bolster free expression and streamline content policies. Zuckerberg explained that...
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UBA ranks second in SME banking

08.01.2025
United Bank for Africa Plc has emerged as one of the top-performing banks in the KPMG 2024 West Africa banking industry customer experience survey, ranking second in SME banking. According to a statement made available to our correspondent on Tuesday, this marks an improvement from last year’s performance, underscoring UBA’s customer-first approach across banking segments....
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Air Peace partners ADINA on Africa connectivity

08.01.2025
Air Peace has highlighted the benefits of its partnership with the Africa Diaspora Investment Network Alliance Summit 2024 in its bid to ensure Africa’s connectivity. The aviation company announced the strategic pact on the back of the event held on December 27, 2024, at the prestigious Kempinski Gold Coast City Hotel in Accra, Ghana, which...
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Jetour restates commitment to customers’ satisfaction

08.01.2025
Jetour Automobile has recommitted to automotive innovations and customer satisfaction as key elements of the brand. The company reckons that its drive for innovations has enabled it to win the award as the fastest-growing auto brand in Nigeria at a ceremony organised by the Nigeria Auto Journalists Association in Lagos. Jetour, known for its luxury...
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Toyota Nigeria gets new honour

08.01.2025
Toyota (Nigeria) Limited has emerged as the Auto Company of the Decade. The auto company received the honour at the 13th award night of the Nigeria Auto Journalists Awards held recently in Lagos, bagging one of the biggest awards at the event. The award served as the second landmark honour bestowed on the TNL at...
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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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