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Firm inaugurates organic sesame hulling plant

19.11.2024
Agventure Commodities Limited on Monday inaugurated an organic and natural sesame hulling plant in Kano State as part of efforts to expand agro export in the country. The new sesame hulling plant is expected to generate employment opportunities for the local community, creating over 600 direct and indirect new jobs. The General Manager of the...
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Portland gets CNG centre licence in free zone

19.11.2024
The Oil and Gas Free Zones Authority has granted Portland Gas Limited a free zone enterprise licence to establish a Compressed Natural Gas conversion and refilling centre in the Onne Free Trade Zone, Port Harcourt, Rivers State. In a statement on Monday, the Founder and Chief Executive Officer of Portland Gas Limited, Folajimi Mohammed, said...
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Unity Bank to boost savings culture with new app

19.11.2024
Unity Bank Plc has announced plans to launch a new app for children and teenagers to empower users to achieve their financial goals. The announcement was made during the World Savings Day training held at Emerald Fields School, Calabar, Cross River State, as part of the Bank’s nationwide initiative to mark the global event. World...
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Govt economic reforms unfruitful, say MAN, LCCI

19.11.2024
The Organised Private Sector has supported the recent position of the International Monetary Fund that excluded Nigeria from the list of countries making notable progress in macroeconomic reforms. IMF’s Deputy Director, Catherine  Patillo, presented a report at the Lagos Business School recently and revealed that while the region’s average growth rate was pegged at 3.6...
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Shettima, others for Zenith Bank tech fair

19.11.2024
The Vice President, Kashim Shettima, and Governor Babajide Sanwo-Olu of Lagos State are set to speak at the fourth edition of the Zenith Bank annual tech fair scheduled to be held in Lagos this week. In a statement on Monday, the bank said that the fair hosted under the theme, ‘Future Forward 4.0: Embedded Finance,...
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Investors gain N295bn as stock market turns bullish

19.11.2024
The Nigerian Exchange turned bullish in the past week for investors who gained about N295bn at the close of trading on the back of positive sentiments even as trading activities weakened. This gain comes after two consecutive weeks of losses, bringing the year-to-date performance of the All-Share Index to +30.69 per cent. This performance was...
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NGX proposes tougher rules for large-volume trades

19.11.2024
The Nigerian Exchange Limited has proposed new rules on block divestment and large-volume trades. Market stakeholders were invited to share their feedback on the proposed rules in a notice to trading licence holders signed by the Chief Executive Officer of the NGX Regulation Limited, Olufemi Shobanjo, on Friday. The amendment is to  Trading Licence Holders...
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LAPO advocates financial inclusion for underserved communities

19.11.2024
LAPO Microfinance Bank  has advocated financial inclusion for underserved communities In a statement made available to The PUNCH on Sunday, the bank noted that it was actively championing financial inclusion across Nigeria, reinforcing its commitment to empowering underserved communities. It stated, “In recent years, Nigeria has made significant progress in expanding financial services, but millions...
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Foreign inflow on NGX drops to N11bn – Report

19.11.2024
Foreign inflow into the Nigerian Exchange Limited declined to the lowest point of the year at N11.26bn in September. This is according to the latest Domestic & Foreign Portfolio Investment Report of the NGX. The report indicated that as foreign inflow weakened, foreign investors increased the amount of their investments that they liquidated between August...
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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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