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Institute seeks AI integration in loan management

The Chartered Institute of Loan and Risk Management of Nigeria has called for a greater integration of artificial intelligence in risk management strategies across various industries. The institute emphasised that leveraging AI technologies could help mitigate potential risks, prevent project failures, and ultimately reduce financial losses caused by fraud. The CILRM President, Nkechi Akubuiro, stated...
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Firm eyes Ogun for property development in 2025

Diaspora investors in Pelican Valley Estate products have stated plans to commence property development projects in Ogun State next year, noting that the move is targeted at transforming the state’s economic fortunes. The initiative, led by nearly two dozen investors, is expected to significantly boost the socio-economic fortunes of the region. The announcement was made...
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Chamber urges states to boost intra-African trade

The Nigeria-Namibia Chamber of Commerce has called on state governments to deepen trade and investment ties with African countries to unlock economic growth and improve citizens’ welfare. In a statement, the President of the Nigeria-Namibia Chamber of Commerce, Ben Ojo, highlighted the transformative potential of intra-African trade at a recently held Namibia-Delta State Trade and...
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NAICOM, ICRC partner to ensure insurance coverage for PPP assets

The National Insurance Commission and the Infrastructure Concession Regulatory Commission have agreed to partner to implement insurance provisions for assets under public-private partnership arrangements, as outlined in the law. This agreement was reached during a courtesy visit of the Commissioner for Insurance, Mr Olusegun Omosehin, to the Office of the Director General of the ICRC,...
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Customs investigate alleged misconduct by officers

The Nigeria Customs Service, Seme Area Command, says it has commenced an investigation into an incident in a viral video where some officers attached to the command were seen maltreating some individuals. The command disclosed this in a statement on Monday signed by its Public Relations Officer, Hussaini Abdullahi, a Superintendent of Customs. Abdullahi said...
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Zoho named technology partner to Dubai Racing Club

Zoho Corporation, one of the leading global technology companies, has been named the exclusive technology partner for Dubai Racing Club. This two-year partnership will focus on digitising DRC’s operations to enhance the club’s high-profile events and ensure a seamless, world-class experience for visitors, participants, and staff. The announcement was conveyed in a recent statement after...
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Govt urged to involve estate valuers in creative industry

The intellectual property valuers have urged the Government to involve members of the Nigerian Institution of Estate Surveyors and Valuers in the creative industry. In a statement, the Chief Lecturer and erstwhile Head of the Department of Estate Management and Valuation at the Federal Polytechnic, Ilaro, Dr Thomas Ashaolu, charged government officials with the responsibility...
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Low-key operation begins, marketers oppose N1,030/litre

The Port Harcourt Refining Company has clarified that its operations were not completely halted but scaled down to facilitate improvements at the facility. It disclosed this on Sunday as the Independent Petroleum Marketers Association of Nigeria insisted that it would not buy from the Port Harcourt refinery if the Nigerian National Petroleum Company Limited sells...
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CBN to unveil new website today

The Central Bank of Nigeria has announced the launch of its new website on Monday (today). In a statement signed by the acting Director of Corporate Communications, Sidi Ali, the bank said the new website will become operational on Monday. “The bank has developed a contemporary Web API that operates on Microsoft .NET Core 8...
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Ogun unveils 2025 road tax stickers

The Ogun State Internal Revenue Service has partnered with the Joint Tax Board to launch the 2025 Single Interstate Road Tax Stickers. In a statement, the OGIRS noted that it aims to boost revenue generation with the tax sticker initiative, eliminate multiple road stickers, and simplify business operations. Speaking at the OGIRS conference in Abeokuta,...
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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...