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Access Holdings expands operations to Malta

Access Holdings Plc has announced the establishment of Access Bank Malta Limited, a fully owned subsidiary of its banking group, Access Bank UK Limited. The move is part of the group’s strategy to strengthen trade connectivity between Europe and Africa. A corporate notice filed on the NGX by the company secretary, Sunday Ekwochi on Wednesday...
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UNICAL urges innovation for food security

Following its inaugural International Conference, the University of Calabar’s Faculty of Agriculture has called on stakeholders to innovate agricultural practices to tackle Nigeria’s food security challenges. In a statement, UNICAL’s Faculty of Agriculture noted that the event held in Cross River State recently, themed  ‘Food Security Through Innovation: Bridging Technology with Traditional Farming,’ brought together...
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UBA shareholders get 375% returns

Shareholders of United Bank for Africa have enjoyed 375 per cent capital gains in nearly five years. Official data at the Nigerian stock market at the weekend indicated that investors in UBA have continued to earn an average annual return of about 75 per cent over the last five years. This highlights UBA’s impressive records...
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Mastercard, BCP Group partner on cross-border payments

Mastercard and the BCP Group have collaborated to enhance cross-border payments for their corporate and individual clients on the African continent. In a statement shared with The PUNCH on Tuesday, MasterCard said that the collaboration aims to enable near-instant, traceable, secure, and cost-effective cross-border payments to and from the multiple markets where the BCP Group...
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Accion MFB plans N60bn loans for MSMEs

Accion Microfinance Bank has revealed that it is looking at providing about N60bn as loans to micro, small, and medium-scale enterprises in the country in 2025. This projection was made by the Managing Director/Chief Executive Officer, Accion Microfinance Bank—Taiwo Joda—in a chat with journalists following the lender’s annual Financial Inclusion Seminar themed, ‘Digital Lending: A...
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Nigerian, Chinese firms plan solar generators for 100m citizens

Winock Solar, a Nigerian provider of sustainable energy solutions, has signed a partnership agreement with Cola Solar, a Chinese clean energy company, to supply affordable solar generators to 100 million Nigerians within the next five years. According to a press statement on Wednesday, the agreement aims to address Nigeria’s energy challenges by providing solar stand-alone...
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Kaduna onboards 2.2m citizens into financial system

The Kaduna State Government has onboarded 2.2 million vulnerable residents into Nigeria’s financial system following the signing of its Executive Order for Financial Inclusion. The initiative, aimed at integrating underserved and underprivileged individuals into the banking sector, is expected to boost economic opportunities for these citizens. Governor Uba Sani of Kaduna State said this at...
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Nigeria’s imports from Malta hits N766bn – NBS

Nigeria’s imports from Malta reached a record high of N766.81bn in the third quarter of 2024, according to the latest foreign trade statistics from the National Bureau of Statistics. The figure marked a sharp rise, placing Malta as Nigeria’s fifth-largest import partner for the period, accounting for 5.23 per cent of the country’s total imports,...
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Operators blame forex crisis for high petrol price

Crude oil refiners and other players in the downstream sector have stated that the dollar charges on locally refined Premium Motor Spirit, popularly called petrol, coupled with the cost of importing crude are major reasons for the high cost of the product when compared to imported PMS. Data obtained from the Major Energies Marketers Association...
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I apologise for saying no heaven without tithe – Adeboye

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

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

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...