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Bankit MFB unveils new web banking platform

Bankit Micro Finance Bank has launched a new web banking platform to provide customers with an additional digital channel to manage and carry out uninterrupted daily transactions on their phones, laptops, and other devices. In a statement issued recently, Bankit MFB said the new platform would help it redefine convenience and security in banking, ensuring...
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Dufil Prima donates to Lagos care homes

Dufil Prima Foods has donated cartons of Indomie noodles to orphanages and elderly homes as part of its Yuletide outreach. In a statement, the makers of Indomie Noodles, said the donations went to institutions, including the Red Cross Motherless Babies’ Home in Makoko, Modupe Cole Memorial Child Care and Treatment Centre in Akoka, Heritage Homes...
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NNPCL tackles Obasanjo over alleged $2bn refineries repair fund

Former President Olusegun Obasanjo has revealed new details about Nigeria’s refineries’ woes, recounting failed efforts to privatise the plants and the subsequent alleged financial losses of about $2bn by the facilities under government management. Obasanjo disclosed this on Thursday as the Nigerian National Petroleum Company Limited beckoned the ex-President to visit the recently revamped refineries...
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FAAN, CIAP train journalists

The Federal Airports Authority of Nigeria, in collaboration with the Commonwealth Institute of Advanced and Professional Studies, has trained aviation journalists on effective reporting of the sector. At the training, held in Lagos, aviation stakeholders took turns to bring their experience in the sector to the fore. Speaking at the training, Managing Director, FAAN, Mrs...
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Foundation seeks funding to tackle climate crisis

The Director-General of the Nigerian Conservation Foundation, Dr Joseph Onoja, has called for climate and biodiversity finance at the COP29. In a statement on Thursday, the NCF stated that the 29th edition of the United Nations Framework Convention on Climate Change tagged, “the Baku Climate Change Conference,” which occurred in Baku, Azerbaijan, brought together world...
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Verve rewards cardholders with foodstuff

The domestic payments card scheme and token brand, Verve International, has rewarded loyal cardholders with bags of rice and bottles of vegetable oil as part of its Yuletide celebration. In a statement made available to our correspondent by the firm on Thursday, the initiative, held at Leisure Mall, Surulere, and Trade Fair Complex, Lagos, was...
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Maintain consistent policies to ease inflation, LCCI urges FG

The Lagos Chamber of Commerce and Industry has called on the Federal Government to ensure that its economic reform policies are consistent and results-driven, as it aims to tackle inflation and create a more conducive business environment in 2025. In a statement responding to President Bola Tinubu’s New Year address, LCCI Director-General, Dr. Chinyere Almona,...
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Telcos propose 100% tariff hike, await NCC nod

Nigerian telecommunications companies have proposed a 100 per cent increase in their tariffs, pending approval from the government. The proposal, which has been submitted to the Nigerian Communications Commission, aims to address rising operational costs, including inflation and increased service delivery expenses. The disclosure was made by the Chief Executive Officer, MTN Nigeria, Karl Toriola,...
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Maritime workers, terminal operator trade blame over accident

The Maritime Workers Union of Nigeria and Five Star Logistics Terminal, located at the Tincan Island Port in Lagos, have started trading words over the terminal’s working conditions. While the MWUN President, Adewale Adeyanju, lamented the poor working conditions at the Five Star Logistics Terminal, the terminal refuted the claims, saying that it maintains a...
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ASHON lauds N2tn fundraising

The Association of Securities Dealing Houses of Nigeria has commended the capital market for raising N2tn in the primary market in 2024. The second vice chairman of ASHON, Ify Ifejezie, made the remark in a statement on Thursday while closing trading on the Nigerian Exchange Limited for last year, highlighting the significance of driving market...
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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...