Business – Page 757 – Rise Africa

Reps vow to tackle outdated maritime laws

25.04.2025

The House of Representatives Committee on Maritime Safety, Education, and Administration has pledged full legislative backing to modernise maritime laws and boost Indigenous vessel ownership. The Deputy Chairman of the Committee, Uduak Odudoh, stated this on Wednesday during an oversight visit to the Nigerian Maritime Resource Development Centre in Kirikiri, Lagos. Odudoh acknowledged concerns raised...

Drive to bridge monetary, fiscal policies gap intensifies

25.04.2025

As banks accelerate their efforts to meet the 2026 recapitalisation deadline, the Central Bank of Nigeria is poised to close the gap between the country’s monetary and fiscal policies, writes FELIX OLOYEDE On March 28 of last year, the Central Bank of Nigeria set the capital base for financial lenders nationwide, highlighting its goal of...

OPay extends N1.2bn 10-year scholarship to Kwara State Polytechnic

25.04.2025

OPay, one of Nigeria’s leading financial institutions, has expanded its 10-year scholarship initiative to Kwara State Polytechnic, marking a milestone in the company’s long-term commitment to supporting education across Nigeria. In a statement made available to The PUNCH by the firm on Wednesday, the partnership will see 20 outstanding students from the institution benefit from...

Rice most seized commodity in Q1 – Customs

25.04.2025

The Nigeria Customs Service has said that with 159 cases involving 135,474 bags valued at N939m, rice remained the most prevalent commodity seized by the service in the first quarter of 2025. The Comptroller-General of Customs, Adewale Adeniyi, stated this in Abuja while briefing journalists on the service’s activities in the first quarter of the...

NiMet workers’ strike disrupts flights, FG meets unions today

25.04.2025

Flight activities were disrupted at the Lagos, Abuja, and Kano airports on Wednesday as workers of the Nigerian Meteorological Agency staged protests at the facilities. At the Lagos airport, XEJET, Aero Contractors, and Ibom Air operated as scheduled, while Air Peace did not. In a statement posted on its X handle, Air Peace stated that...

Shettima, Aig-Imoukhuede call for Africa, Middle East capital market partnership

25.04.2025

The Vice President of Nigeria, Kashim Shettima, has called on African capital markets to embrace digital transformation and deepen regional integration to establish a financial system that is more efficient, accessible and resilient. Shettima made this call on Thursday at the 2025 Conference of the Africa and Middle East Depositories Association, held in Lagos. AMEDA...

Americans lost $6bn to crypto investment scams in 2024 – FBI

25.04.2025

24th April 2025 The Federal Bureau of Investigation has revealed that investment scams involving cryptocurrency led to a huge loss of $5.8 billion in 2024. According to a report by the FBI’s Internet Crime Complaint Center (IC3), total losses from internet crimes in 2024 reached $16.6 billion. This shows a sharp rise of 33% from...

GTCO appoints new group chairman as shareholders approve N8.03 dividend

25.04.2025

Guaranty Trust Holding Company Plc has announced the appointment of Suleiman Barau as its new Group Chairman, subject to regulatory approval. This decision came as part of the company’s succession plan and was revealed during the company’s fourth annual general meeting held virtually on Thursday. Barau, a former Deputy Governor of the Central Bank of...

NGX lists Legend Internet as market capitalisation rises by N12.4bn

25.04.2025

The Nigerian Exchange Limited on Thursday listed Legend Internet Service PLC, marking the company as the first telecoms firm to be listed this year. The company listed a total of 2,000,000,000 ordinary shares at 50 kobo each, priced at N5.64 per share. Following the listing, the stock saw a daily maximum gain, closing at N6.20...

PENCOM recovers N1.58bn from defaulting employers

25.04.2025

The National Pension Commission has recovered N1.58bn from defaulting employers through enhanced enforcement efforts. This was disclosed by the Director-General of PenCom, Omolola Oloworaran, on Wednesday during the First Run 2025 Consultative Forum for States and the Federal Capital Territory, held in Kano, according to NAN. Oloworaran said the recovery is part of the commission’s...

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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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Latest News

Reps vow to tackle outdated maritime laws

Drive to bridge monetary, fiscal policies gap intensifies

OPay extends N1.2bn 10-year scholarship to Kwara State Polytechnic

Rice most seized commodity in Q1 – Customs

NiMet workers’ strike disrupts flights, FG meets unions today

Shettima, Aig-Imoukhuede call for Africa, Middle East capital market partnership

Americans lost $6bn to crypto investment scams in 2024 – FBI

GTCO appoints new group chairman as shareholders approve N8.03 dividend

NGX lists Legend Internet as market capitalisation rises by N12.4bn

PENCOM recovers N1.58bn from defaulting employers

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I apologise for saying no heaven without tithe – Adeboye

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I apologise for saying no heaven without tithe – Adeboye

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