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Insurance bill will grow sector – NAICOM

21.12.2024
The National Insurance Commission and some other stakeholders in the insurance industry have said that the passage of the new Insurance Consolidated Bill by the Senate will lead to a bigger sector. This is according to a statement by NAICOM and separate chats with stakeholders on Wednesday. On Tuesday, the Senate approved new minimum capital...
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Polaris Bank wins sustainability, responsibility award

21.12.2024
Polaris Bank has won the Sustainability, Enterprise, and Responsibility Award for its consistent and impactful critical community interventions across Nigeria over the years. The lender received the award at the 18th edition of the SERAS Awards, held in Lagos recently. The SERAS Awards, widely regarded as Africa’s gold standard in sustainability and CSR, celebrates organisations...
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CIG Motors partners Stanbic IBTC on vehicle ownership

21.12.2024
Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings, has partnered with CIG Motors to ease new vehicle ownership for customers this season. The partnership, formally signed at the GAC G-Style showroom, aims to simplify the rigorous process of owning a brand-new vehicle with a flexi-repayment structure and a 10 per cent discount rate on...
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Transport firm pledges affordable mobility solutions

20.12.2024
A new transportation company, DROP Innovation Limited, has officially launched in Lagos, Ibadan and Abuja, promising to provide secure, affordable, and reliable mobility solutions. The firm unveiled its latest innovations in Lagos on Thursday. Speaking at the launch, the Chief Executive Officer of DROP, Moyosore Oladehinde, stated that DROP’s commission for drivers would be capped...
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NACCIMA, BOI partner to disburse N75bn MSME fund

20.12.2024
The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture and the Bank of Industry have signed a Memorandum of Understanding to disburse a N75bn intervention fund to support Micro, Small, and Medium Enterprises nationwide. The deal was sealed on Thursday, between the NACCIMA President, Dele Oye, and the Managing Director and Chief Executive...
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LCCI urges swift execution of 2025 budget

20.12.2024
The Lagos Chamber of Commerce and Industry has commended the Federal Government for its 2025 budget tagged ‘Budget of Restoration: Securing Peace, Rebuilding Prosperity,’ but has stressed the importance of effective implementation. In a statement signed by the LCCI Director-General, Dr. Chinyere Almona, the Chamber lauded the government’s focus on security, infrastructure, education, health, and...
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Firm unveils new yoghurt brand

20.12.2024
A beverage and dairy firm, Cedar D’Vine Nigeria Limited, has rolled out a new yoghurt line, Zoi Dairy Fresh, targeted at health-conscious consumers. The firm introduced the product at a launch event in Ogun State and described it as a nutritious treat designed to enhance consumers’ quality of life, according to a statement. Cedar D’Vine’s...
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Okomu, PIND boost economic development in host communities

20.12.2024
Okomu Oil Palm Company Plc has announced its collaboration with the Foundation for Partnership Initiatives in the Niger Delta to foster peace and economic development in its host communities. A statement from the firm stated that the collaboration was formalised through the signing of a Memorandum of Understanding in a symbolic event attended by senior...
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Swift Telephone Network supports health outreach

20.12.2024
Swift Telephone Network has partnered with General Hospital Mushin to deliver a free medical outreach in the Mushin and Itire communities with the aim of promoting better health practices among local residents. The outreach, held on Wednesday, is part of the telco’s community social responsibility efforts and marks the company’s first-ever initiative focused on healthcare....
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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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