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Flourish Africa empowers 515 female entrepreneurs with N1.3bn

08.11.2024
Flourish Africa, a female empowerment non-profit founded by businesswoman and philanthropist Folorunso Alakija, has trained 515 female entrepreneurs in its latest cohort, increasing its grant funding to N1.3bn. The organisation awarded seed grants of up to N3m each to 100 graduates of its Business and Life Skills Training Programme who excelled in business pitch competitions...
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Ekiti grants licence to 14 power investors

08.11.2024
Ekiti State Governor, Biodun Oyebanji, said on Thursday that the state government had granted operational licenses to 14 electricity investors. He said this is part of the efforts of the administration to achieve energy independence. Oyebanji, who made the disclosure on his X handle, said that the investors include “three distribution companies, four generation companies,...
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Private equity in Africa drops by 11% – Report

08.11.2024
The African private capital industry recorded a decline in deal activity for the second consecutive year, the latest report by the African Private Capital Association has shown. According to the report, investments on the continent have fallen by 11 per cent since the start of 2024, continuing a decline that began last year. Private capital...
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EV firm MellowVans, Itemate debut mobile store for telcos

08.11.2024
Stellenbosch-based electric vehicle company MellowVans has partnered with Itemate Solutions to launch a new mobile store solution for African telcos. According to a statement on Thursday, the new offering provides telcos with the MellowVans EVs paired to a custom point-of-sale platform developed by Itemate. This creates a mobile storefront from where agents can provide customer...
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Economic reforms now in results delivery stage – FG

08.11.2024
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has announced that President Bola Tinubu’s economic policies have now reached the result-delivery stage. The minister made this known on Thursday evening at an interactive session with the Senate Committee on Finance at the National Assembly Complex, Abuja. He further expressed appreciation for...
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33m Nigerians may face food insecurity – WFP

08.11.2024
A new report has revealed that a staggering 33 million people are expected to face acute food insecurity in Nigeria by 2025. In a statement issued by the head of communications and media for the United Nations World Food Programme to The PUNCH on Thursday, the food insecurity and malnutrition analysis, Cadre Harmonisé, led by...
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Lagos govt, Fabe foundation partner on biogas

08.11.2024
FABE International Foundation has engaged the Lagos State Government to boost biogas generation following its environmental sustainability and waste management initiative. At its ‘Project Clean Air,’ programme, recently held at the Ketu Fruit Market in collaboration with Prudential Zenith Life Insurance, FABE International Foundation advocated converting market waste into biogas and compost and reducing illegal...
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Polo Luxury, IoD partner on leadership excellence

08.11.2024
Polo Luxury has announced its successful collaboration with the Institute of Directors Nigeria as the official Lifestyle Partner for the 2024 Annual Directors Conference to drive sustainable development and foster leadership excellence. The 2024 Annual Directors Conference themed: ‘Good Governance as a Catalyst for Economic Recovery, Growth, and Development’, was held recently in Lagos. According...
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Hero Lager empowers young entrepreneurs

08.11.2024
Hero Lager has launched its 2024 ‘Hero Apprentice to Business Owner’ campaign, designed to address unemployment by empowering youth to establish their businesses. This campaign, now in its third year, is aligned with Hero Lager’s commitment to fostering economic growth through entrepreneurship throughout, according to a statement. The Marketing Manager for Hero Lager, Dubem Orji,...
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NAICOM orders insurers to clear outstanding claims

08.11.2024
The National Insurance Commission has given insurance companies a December 31, 2024 deadline to clear all outstanding claims. The Head of the Communication & Stakeholders Management Sub-committee and Managing Director Rex Insurance Limited Mrs Ebelechukwu Nwachukwu, said this at a press conference held after the insurers’ committee meeting held on Thursday in Lagos. According to...
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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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