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PalmPay begins anti-fraud awareness week

20.11.2024
To commemorate the upcoming International Anti-Fraud Awareness Week, PalmPay, a financial institution in Nigeria, is launching a series of community-focused initiatives to educate the public on fraud prevention and digital security. The highlight of this initiative is a community walk themed “United Against Fraud: Building a Safer Future”, set to take place across Lagos on...
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Wema Bank empowers SMEs

20.11.2024
Wema Bank, the pioneer of Africa’s first fully digital bank, has concluded the first cohort of its Wema Export Trade Academy. It said the programme equips Nigerian Small and Medium Enterprises with essential skills, insights, and resources for entering and thriving in the global market. The Academy, according to a statement from the bank, hosted...
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FirstBank hosts inaugural China-Africa interbank forum

20.11.2024
FirstBank has announced its hosting of the first-ever China-Africa Interbank Association Forum to strengthen economic ties and investments between China and Africa. In a statement made available to The PUNCH on Tuesday, the forum, themed ‘Joining Hands to Advance Modernisation and Strengthening China-Africa Trade, Industrialisation, and Economic Diversification,’ will take place later this month in...
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WAPCO, others boost equity market by N136bn

20.11.2024
The Nigerian equity market closed on a positive note on Tuesday, as key stocks, led by Lafarge WAPCO, lifted the market to N136bn gain. The market capitalisation of the Nigerian Stock Exchange increased by 0.23 per cent to close at N59.4tn, while a total of 333,948,810 shares were traded in 9,187 deals, with a market...
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SIMS pledges to strengthen partnerships with dealers

20.11.2024
SIMS Nigeria Limited in association with TCL, the sole franchise partner in Nigeria, has reaffirmed its commitment to fostering deeper, more collaborative relationships with its dealers, recognising the essential role they play in driving mutual growth and success in the market. The event tagged “TCL/Sims Dealers Meet” was held recently in Lagos. The event gathered...
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Oil reserves plunge by 50bn barrels as investments shrink

20.11.2024
The Nigerian Upstream Petroleum Regulatory Authority says the country’s oil reserves declined by 50 billion barrels over 14 years. According to the NUPRC, oil reserves shrank from 38 billion barrels to 37.50 billion barrels between 2008 and 2023. In a publication, the NUPRC blamed this on the tremendous decline of exploration activities due to a...
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Naira may depreciate further during yuletide – Report

20.11.2024
It has been projected that demand for foreign exchange during the festive season will worsen the depreciation of the naira. This projection was made by analysts at Meristem Securities Limited in their Inflation Report which was released on Tuesday. In the report, analysts who reviewed October’s inflation figures, which stood at 33.88 per cent, above...
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‘Organisations must seize opportunities amid crisis’

20.11.2024
Business leaders have urged organisations in Nigeria to build their change management capabilities to navigate the country’s volatile economic landscape effectively. This call was made during a breakfast roundtable hosted by StreSERT Integrated Limited in collaboration with Kotter Training recently in Lagos. In a statement, the Managing Consultant of SIL, Roselyn Onalaja, highlighted that Nigeria’s...
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Ex-CIBN president, others attend ‘Imo day’

20.11.2024
The immediate past president of the Chartered Institute of Bankers of Nigeria, Ken Opara, and other dignitaries are set to attend the Imo Day celebration organised by the Imo Improvement Association in Ibeju-Lekki, Lagos. According to a statement made available to The PUNCH recently, other dignitaries expected at the event include founder, Chisco Group Chidi...
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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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