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OPS urges sustenance as naira gains N137/$

The naira appreciated by N137.69 against the United States dollar within a week, following the introduction of the Central Bank of Nigeria’s new foreign exchange platform. Data obtained from the CBN’s website on Sunday showed that the closing exchange rate, which was N1672.69 per dollar on Friday, November 29, 2024, rose to N1,535/$ at the...
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Nigeria not blocking airline fund repatriation – IATA

Nigeria has exited the list of countries blocking the repatriation of airline funds, a new report by the International Air Transport Association stated on Monday. This was as the Geneva, Switzerland-based IATA noted that airlines’ trapped funds globally currently amount to $1.7bn. A small improvement compared to the $1.8bn reported at the end of April....
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CSCS receives two ISO certifications

Central Securities Clearing System Plc has been awarded the ISO/IEC 27001:2022 and ISO 22301:2019 certifications by the globally renowned management system certification body. CSCS in a statement on Saturday said that the recognition underscored its commitment to international best practices in information security management and business continuity. ISO 27001 is an internationally recognised benchmark for...
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Routelink urges businesses to embrace multi-channel communication

Routelink Group has called on businesses to adopt a Communication Platform as a Service to stay ahead of customer expectations and improve communication strategies. A statement provided to our correspondent by the firm on Sunday indicated that experts discussed how CPaaS offers cloud-based solutions that simplify communication and foster business growth. The Programme Director of...
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eTranzact seeks collaboration in digital payment

The Managing Director/Chief Executive Officer of eTranzact International, Niyi Toluwalope, has called for collaboration to boost efficiency in the electronic payment sector. Toluwalope made this call at the just concluded Annual Conference of the Committee of e-Business Industry Heads, with the theme, ‘Payment system 2030: Navigating contemporary issues in driving future growth’, which was held...
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AI will drive research development in Nigeria

Accounting practitioners and students have been urged to embrace artificial intelligence, disruptive innovation, and technological methods of accounting practice in order to make their work more productive and efficient. The Head of Research, Centre of Association of National Accountants of Nigeria, Chukwuemeka Odumegwu Ojukwu University, Igbariam, Anambra State, Prof Meshack Ifurueze, stated this during the...
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NSIB probes FlyBird aircraft incident

The Nigerian Safety Investigation Bureau has commenced an investigation into what it has termed a serious incident involving a FlyBird HS 125 aircraft, with registration number 5NKAL. The Director of Public Affairs and Family Assistance at the NSIB, Mrs Bimbo Oladeji, confirmed the incident in a statement on Sunday. According to her, the aircraft, operating...
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FirstBank unveils entertainment hub

FirstBank has inaugurated a new entertainment hub, Bluu TV, as part of its commitment to supporting the creative arts industry in Nigeria. At the launch of Bluu TV on Friday, which also doubled as the premiere of an original series on the platform, the Managing Director/Chief Executive Officer of the bank, Segun Alebiosu, said that...
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Marketers begin direct loading from Dangote refinery

The Independent Petroleum Marketers Association of Nigeria has begun lifting Premium Motor Spirit (petrol) from the Dangote Petroleum Refinery, The PUNCH can report. This follows an agreement reached with the refinery last month by IPMAN. Our correspondent learned that IPMAN members have so far lifted millions of litres of petrol from the Dangote refinery located...
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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...