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Firm reimburses customers affected by security breach

23.12.2024
Financial services technology firm, Patricia Technologies, has begun reimbursing its subscribers who were affected by a security breach on its cryptocurrency trading platform. This was revealed in a recent statement from the firm. Patricia Technologies experienced a major cyberattack in 2022, which resulted in the loss of depositors’ funds amounting to over N600m. Withdrawals were...
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PenCom, finance ministry working to pay retirees – DG

23.12.2024
The National Pension Commission has revealed that it is working with the Ministry of Finance to ensure prompt payment of retirees’ benefits. This was revealed by the Director-General of PenCom, Omolola Oloworaran, during an interactive session with the media in Lagos recently. Responding to a question on accrued rights and the non-payment of retirees’ benefits,...
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BPE wins SERVICOM awards

23.12.2024
The Bureau of Public Enterprises has won Service Compact honours for its service delivery, emerging as one of the country’s best-performing agency in customer service. According to a statement, SERVICOM awarded the BPE Director-General, Ayodeji Gbeleyi, as one of the best Chief Executive Officers supporting SERVICOM initiatives in 2024 at the SERVICOM end-of-year awards ceremony...
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PenOp to introduce new pension service providers

23.12.2024
The Pension Fund Operators Association of Nigeria has said it will introduce four pension service solution providers starting April 1, 2025, to standardise pension remittance in the sector. The Chief Executive Officer of PenOp, Oguche Agudah, made the disclosure during a presentation at the 2024 PenCom Media Conference held in Lagos. The Pension Fund Operators...
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Minister partners NACCIMA to address business challenges

23.12.2024
The Minister of Industry, Trade, and Investment, Dr Jumoke Oduwole, has committed to a partnership with the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture to tackle challenges facing Nigerian businesses. Oduwole committed to working with NACCIMA on Friday at an interactive session with members of the organised private sector, outlining plans to...
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Firm donates borehole to Ibadan community 

23.12.2024
FoodCo Nigeria has donated a borehole to the Yemetu community of Ibadan, Oyo State, capital. According to a statement made available to PUNCH Online on Saturday, the company described the initiative as part of its Corporate Social Responsibility campaign, aimed at providing clean and accessible water to underserved communities in alignment with United Nations Sustainable...
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Dangote Refinery partners MRS to sell petrol at N935

23.12.2024
President of Dangote Industries Limited, Aliko Dangote, has commended President Bola Tinubu for the positive impact of the naira for crude swap deal on the Nigerian economy, which has led to a reduction in prices of petroleum products in the country. The refinery also announced its partnership with MRS Petrol station to sell petrol from...
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USAID, partners empower 10,000 businesses with digital tools

23.12.2024
Alerzo, Nigeria’s technology service provider, in collaboration with Mastercard and the USAID-funded e-Trade Alliance, has completed a nine-month digital transformation programme, empowering over 10,000 micro, small, and medium-sized enterprises across South-West Nigeria. The information was disclosed on Friday in a statement by Alerzo. The initiative aimed to tackle challenges faced by MSMEs, including complex supply...
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Customs approve promotion of 4,291 officers

22.12.2024
The Nigeria Customs Service Board has approved the promotion of 4,291 senior officers. This is even as the service confirmed the appointment of one Deputy Comptroller-General of Customs and seven Assistant Comptroller-Generals. The National Public Relations Officer of the service, Abdullahi Maiwada, in a statement on Friday, said that the NCSB took the decision last...
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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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