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Baobab Nigeria hosts nationwide fitness walk

14.11.2024
Baobab Nigeria, in its commitment to promoting financial inclusion, embarked on a fitness walk activity across its 38 branches in Nigeria. A statement from the bank on Tuesday said the walk was designed to promote healthy lifestyles among Baobab’s staff and customers while raising awareness for both Jollof+ and Baobab Nigeria’s services. This nationwide event,...
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Consolidated Hallmark Insurance converts to private company

14.11.2024
Insurance firm, Consolidated Hallmark Insurance Plc, has converted to a private company following the completion of its restructuring. In a notice filed with the Nigerian Exchange Limited on Wednesday, the Company Secretary, Rukevwe Falana, said the restructured company has been re-registered with the Corporate Affairs Commission. The notice read, “This is to notify Nigerian Exchange...
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Neimeth grows revenue by 105%

14.11.2024
Increased sales drove the revenue of Neimeth International Pharmaceuticals Plc to a 105 per cent growth in the nine months ended September 30, 2024. According to the interim report and accounts of Neimeth for the nine months released on the Nigerian Exchange, total sales doubled from N1.51bn at the end of the third quarter of...
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Engineers not guilty for poor road infrastructure – NSE

14.11.2024
The Nigerian Society of Engineers has absolved its members of any fault for the deteriorating state of federal roads across the country. It noted, however, that the organisation’s members have consistently recommended various solutions aimed at improving road connectivity to the government, but the proposed solutions have not been implemented. The NSE President, Margaret Aina,...
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ATMs empty as banks ration withdrawals

14.11.2024
The Automated Teller Machines of Deposit Money Banks have consistently remained empty in recent months as banks grapple with a sustained low cash supply. It was also gathered on Wednesday that some DMBs, particularly in the Federal Capital Territory, have begun another round of cash rationing, restricting maximum over-the-counter withdrawals to a daily limit between...
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Signature Bank appoints Borodo acting chairman

14.11.2024
Signature Bank has announced the appointment of Alhaji Tijjani Borodo as the new acting Chairman of the Board of Directors of the financial institution. It said in a statement that the retirement of the bank’s former board chairman paved the way for Borodo’s appointment. The statement read in part, “Signature Bank is pleased to announce...
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Customs exceed 2024 revenue target, collects N5tn

14.11.2024
The Nigeria Customs Service said it has collected N5.079tn revenue as of Tuesday, November 12, 2024, exceeding its revenue target for 2024. The Comptroller-General of Customs, Adewale Adeniyi, disclosed this on Wednesday at the ongoing 2024 Comptroller-General of Customs Conference in Abuja. The conference was themed, ‘Nigeria Customs Service: Engaging traditional and new partners with...
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Butane Energy unveils cooking gas plant in Kaduna

14.11.2024
Butane Energy Limited and the Nigerian Content Development and Monitoring Board have unveiled a 180-metric-tonne Liquefied Petroleum Gas (cooking gas) plant in Kaduna. This was described as a significant milestone in their collective drive to make LPG a widely accessible, cleaner, and more cost-effective fuel option for cooking in the country. The gas filling plant,...
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Lagos deploys 22,000 solar streetlights

14.11.2024
Lagos State Governor, Babajide Sanwo-Olu, says the government is adopting renewable energy to power its street lights. The governor said in one year, the majority of the streetlights in Lagos would be powered by solar. Represented by the Commissioner for Energy and Mineral Resources, Biodun Ogunleye, at the NAPE 2024 Conference, Sanwo-Olu disclosed that 22,000...
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NCDMB seeks industry support to raise crude production

14.11.2024
The Nigerian Content Development and Monitoring Board has canvassed industry-wide support for initiatives that reverse negative trends in Nigeria’s energy sector and boost oil production. The Executive Secretary of the NCDMB, Felix Ogbe, spoke at the International Conference and Exhibition of the Nigerian Association of Petroleum Explorationists in Lagos. Ogbe, in a paper entitled ’Resolving...
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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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