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Promasidor lauds distributors for driving growth

06.12.2024
Promasidor Nigeria Ltd has commended its distributors for their role in driving the company’s growth amid the competitive consumer goods market. According to a statement, the recognition was the highlight of its 2024 Annual Distributors Conference held in Lagos recently and themed ‘Bigger, Bolder, Better’. Promasidor’s Chief Executive Officer, Francois Gillet, expressed gratitude for the...
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Women to examine green economy financing

06.12.2024
A non-profit organisation, ImpactHER has announced it will host an African Women Sustainability Conference 2024, aimed at positioning women entrepreneurs at the forefront of Africa’s green revolution. In a statement, ImpactHER in collaboration with the African Union and the United States Department of Commerce, noted that the conference, themed ‘Igniting Africa’s Green Revolution: Empowering Women...
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FCMB Group posts N82.4bn profit

06.12.2024
FCMB Group Plc reported a profit after tax of N82.4bn for the nine months ending September 30, 2024, reflecting a 68 per cent growth compared to N49.2bn in the same period last year. This was disclosed in the bank’s financial statement for the third quarter of 2024 filed with the Nigeria Exchange recently. The growth...
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Naija SDGs Hackathon produces winners

06.12.2024
Winners have emerged in the grand finale of the Naija SDGs Hackathon 4.0 at the Sustainable Finance Day 2024, held in Lagos recently. According to a statement from the organisers on Thursday, the winners include Team CarbonEx (sustainable energy solutions); Team Lafiya, (water sustainability); and Team TRIPEF (affordable healthcare), who won N1m each to advance...
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CardinalStone Asset Management gets new ratings

06.12.2024
CardinalStone Asset Management Limited has received top ratings from three renowned agencies, reaffirming its position as a top player in Nigeria’s asset management industry. According to a statement from the licensed fund and portfolio manager, it received top ratings from GCR Rating, Agusto & Co. and DataPro. CAML received an ‘A’ rating from  Agusto &...
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AMCON celebrates Aero’s 18% profit

06.12.2024
The Asset Management Corporation of Nigeria has celebrated Aero Contractors’ financial turnaround, highlighted by an 18 per cent profit margin in 2024 and a 33 per cent reduction in liabilities. This marks an improvement from the -69 per cent loss the airline recorded in 2022. Speaking with media executives in Lagos on Thursday, the Managing...
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CIBN confers fellowship on Cardoso, Sanwo-Olu

06.12.2024
The Chartered Institute of Bankers of Nigeria has conferred fellowship of the institute on the Governor of the Central Bank of Nigeria, Olayemi Cardoso and the governor of Lagos State, Babajide Sanwo-Olu. The fellowship was conferred on the duo at the 59th Annual Bankers Dinner of the Institute held in Lagos, recently. CIBN said Cardoso...
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Terminal operator gets recognition

06.12.2024
The Comptroller General of Customs, Adewale Adeniyi, has recognized the West Africa Container Terminal, owned by APM Terminals Nigeria, as the “Best Terminal Operator” at the CGC’s Awards ceremony held in Abuja recently. In a statement issued on Wednesday, WACT-APM Terminals Nigeria highlighted that the award reflected its exceptional performance and significant contributions to Nigeria’s...
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Ogun disburses N3bn to 54,000 women

06.12.2024
The Ogun State Government has disbursed over N3bn in individual livelihood grants to 54,000 women as part of efforts to empower women and boost economic activities. Ogun State Deputy Governor Noimot Salako-Oyedele announced this during the recently held flag-off of the Livelihood Collective Operational and the handover of Collective Groups to the Ministry of Women...
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Customs boost cargo transactions with new platform

06.12.2024
The Nigeria Customs Service, Port Terminal Multiservices Limited Command, has announced the integration of 25 banks into the B’Odogwu platform to address delays in transaction processes and other challenges being faced during cargo clearance at the ports. Speaking at a press conference on Wednesday, the PTML Customs Area Controller, Tenny Daniyan, disclosed that the platform...
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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
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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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