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Firm unveils locally-made electric vehicles

10.03.2025
NEV Motors has launched its set of locally-made electric vehicles to drive affordable, clean, and efficient public transportation in Nigeria. At the unveiling of the NEV T6 electric buses in Abuja on Saturday, the Chief Executive Officer, Mosope Olaosebikan, said the event symbolised Nigeria’s readiness to embrace sustainable mobility solutions. “There were doubts about whether...
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Women receive interest-free loans in Imo community

10.03.2025
A total of 20 women drawn from different villages in Assa, Ohaji/Egbema Local Government Area of Imo State have received interest-free loans from a non-profit organisation, Spaces for Change, to improve their businesses. The Executive Director of Spaces For Change, Victoria Ibezim-Ohaeri, disclosed this at the launch of the WomenPowa Empowerment programme for environmentally impacted...
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Constitute NSITF, PenCom boards, NECA charges govt

10.03.2025
The Nigeria Employers’ Consultative Association has threatened to halt employer contributions to the Nigeria Social Insurance Trust Fund and the National Pension Commission if their governing boards are not urgently constituted. Speaking in Lagos on Sunday, NECA’s Director-General, Mr Adewale-Smatt Oyerinde, decried the prolonged delay in setting up these boards, stressing that their absence creates...
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Firms partner on flexible flight ticket payment

10.03.2025
Maple Travels, in partnership with Zitra Investment Limited, a microfinance bank, has introduced a flexible travel financing scheme to ease the financial burden of flight bookings for travellers. At the signing of the Memorandum of Understanding, the Head of Business Development at Zitra Investment Limited, Kolawole Dahunsi, noted that the collaboration was designed to help...
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Relatives of deceased retirees get N274bn death benefits

10.03.2025
About 45,976 beneficiaries have received the death benefits of their deceased relatives worth N274.34bn in five years. This was disclosed by the National Pension Commission in its latest Pension Industry Performance Dashboard. The data from PenCom indicated that the highest value of death benefits was paid in 2024 to the tune of N82.22bn received by...
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PenCom, NIA seek equitable industry for women

10.03.2025
The National Pension Commission and the Nigerian Insurers Association have sought action to ensure an inclusive and equitable industry where every woman thrives. This call was made on Saturday as the world commemorates International Women’s Day under the theme ‘Accelerate Action.’. In her statement, the Director-General of PenCom, Omolola Oloworaran, said, “On this International Women’s...
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Africa Prudential liabilities hit N24bn

10.03.2025
Africa Prudential Plc’s total liabilities surged to N24.01bn in the financial year ended December 31, 2024, reflecting an 81.4 per cent increase from N13.24bn recorded in the previous year. The rise was driven by a sharp increase in customers’ deposits and creditors’ accruals. A liability is a financial obligation of a company that results in...
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NCDMB urges local manufacturing of line pipes

10.03.2025
The Nigerian Content Development and Monitoring Board has called on major oil and gas stakeholders, including the Nigerian National Petroleum Company Limited, to ramp up in-country production and utilisation of line pipes in the oil and gas sector. It said the move is aimed at deepening local content, conserving foreign exchange, and creating jobs in...
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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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