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CIIN president charges insurance directors on governance

27.12.2024
The President of the Chartered Insurance Institute of Nigeria, Yetunde Ilori, has charged the board members of insurance companies to take bold steps to entrench corporate governance in their respective organisations. Ilori made this call at the recently held Year 2024 Insurance Directors’ Conference, organised by the College of Insurance and Financial Management in Lagos....
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Stanbic IBTC Bank, Carloha offer discounts

27.12.2024
Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings, has announced a strategic partnership with Carloha, an auto showroom, to offer discounts to customers. According to a statement from the bank, the official agreement between the partners marked a significant milestone for both organisations. This collaboration is set to provide exceptional value to customers looking...
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Abuja airport power upgrade gulps N8.7bn – Report

27.12.2024
In 2024, the Federal Government spent N8.73bn on power infrastructure upgrades at the Nnamdi Azikiwe International Airport, Abuja, to ensure a consistent electricity supply at the new international terminal. This is based on data from BudgIT’s transparency platform, GovSpend, on Wednesday. The funds were primarily used for outsourced power supply, with payments totaling N5.67bn to...
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LASG scaring away investors, NECA alleges

27.12.2024
The Nigeria Employers’ Consultative Association has said that the closure of the factories of some major manufacturing companies in Lagos by the Lagos State Water Regulatory Commission on the allegation of non-payment of water abstraction levies has the damaging potential of scaring away investors. NECA also stated that the move has the potential to aggravate...
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NNPC introduces technology to track oil output

26.12.2024
The Nigerian National Petroleum Company Limited says it has introduced the Production Monitoring Command Centre to track oil and gas production, saying it was a transformative step in hydrocarbon operations. This initiative, driven by NNPC Upstream Investment Management Services, is building on the success of the Command-and-Control Centre to enhance monitoring, operational efficiency, and production...
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Continental Hotel optimistic about 2025 despite high costs

26.12.2024
Continental Hotel Nigeria has revealed that the hotel faced significant challenges in 2024 due to rising operational costs but remains optimistic about the coming year. Group General Manager of Lagos Continental Hotel, Karl Hala, who reviewed the hotel’s performance during a press conference in Lagos, promised bold investments and innovative strategies to position the hospitality...
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Firm trains youths in oil safety practices

26.12.2024
The Hybrid Group, a health, safety, and environment company, says it has trained 15 youths on safety in oil and gas and other sectors of the economy. In a statement, it was disclosed that the 15 young Nigerians were selected from nine states across Nigeria under the Dapo Omolade Empowerment Initiative through a rigorous process...
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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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