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Nigeria, W’Bank project reclaims degraded land

Nigeria has reclaimed 178,235 hectares of degraded land across 19 northern states, a major milestone in the Agro-Climatic Resilience in Semi-Arid Landscapes Project, funded by the World Bank. The $700m initiative, launched in 2022, targets the restoration of one million hectares by 2028 in a bid to counter land degradation and halt the encroaching Sahara...
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Coronation Registrars retains ISO certifications

Coronation Registrars Limited has reaffirmed its position as a leading provider of corporate registry services following its recertification to two internationally recognised standards by the Management System Evaluation and Certification Body. The disclosure was made in a statement on Tuesday, in which the company announced it had been recertified to ISO 22301:2019 for Business Continuity...
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Fuel import ban fears re-ignite Dangote, marketers’ row

Oil marketers have declared that the Dangote Petroleum Refinery and others in Nigeria may raise the pump price of petrol to N1,500 per litre once there is an outright ban on fuel importation. While the National Publicity Secretary of the Independent Petroleum Marketers Association of Nigeria, Chinedu Udadike, affirmed this, the Petroleum Products Retail Outlet...
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CBN unveils new platform, eyes $1bn monthly diaspora remittances

The Central Bank of Nigeria, in collaboration with the Nigeria Inter-Bank Settlement System, has launched the Non-Resident Bank Verification Number platform, an initiative aimed at enhancing financial access for Nigerians in the diaspora. The platform, which enables Nigerians abroad to obtain their Bank Verification Number remotely, removes the need for physical presence in Nigeria. Speaking...
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Firm commits to economic empowerment for youths

The Executive Vice Chairman of Baywood Group, Emperor Baywood Ibe, has declared the firm’s commitment to economic empowerment for youths as well as creating impact through enterprise. In a statement on Tuesday, the entrepreneur also distanced himself from politics, stressing that his focus was to create impact and support businesses to thrive in Nigeria. He...
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Firms collaborate on cybersecurity in Nigeria, others

In a move to enhance cybersecurity across West Africa, CyberDome, the region’s leading security services provider, has announced a partnership with Cato Networks, a cybersecurity giant. In a statement on Tuesday, this collaboration aims to revolutionise how businesses and institutions in the region approach digital security. By integrating Cato Networks’ cutting-edge Secure Access Service Edge...
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SMEDAN targets job, revenue boost for MSMEs

The Small and Medium Enterprises Development Agency has said it is targeting to create more job opportunities and boost productivity in the Micro, Small, and Medium Enterprises sector through its “GROW Nigerian” strategy. The Director-General of SMEDAN, Mr Charles Odii, disclosed this during an interaction with members of the Commerce and Industry Correspondents Association of...
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Travel agents decry CBN dollar repatriation policy

Travel agents in Nigeria are facing challenges due to the recent policy of the Central Bank of Nigeria that limits dollar transactions. These restrictions are impacting their ability to send funds from ticket sales to international airlines. Travel agents and airline officials said the development is causing concerns in the sector. Recall that during the...
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Dangote refinery cancels June maintenance – Report

The 650,000 barrels per day Dangote Petroleum Refinery has reportedly cancelled its scheduled maintenance for June at its 204,000 barrels per day gasoline-producing unit, following the completion of critical works during an unplanned shutdown that lasted over a month. A report by Reuters on Tuesday said the maintenance, originally slated for next month (June), was...
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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...