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Emuwa partners IRO Lagos on Christmas party

A renowned Chef and founder of Obi Bakes It, Obi Emuwa, has partnered with the founder of IRO Lagos, Lara Afun, to host a Christmas tasting party. The event, held at IRO Lagos’s office in Ikoyi on Sunday, showcased a selection of treats from their festive menu, offering guests an opportunity to sample gourmet delights...
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Institute lauds Continental Re for ICT donation

The Chartered Insurance Institute of Nigeria appreciated Continental Reinsurance Plc for its N62m donation to establish an ICT facility at the College of Insurance & Financial Management. The commendation was made during a formal cheque presentation at Continental Re’s office recently. The Chairman of the Governing Council of CIIN, Mr Jide Orimolade, who also serves...
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Geregu Power wins NGX compliance award

The Nigerian Exchange Limited has named Geregu Power Plc the “Most Compliant Listed Company” for the 2023 financial year at its 2024 Made of Africa Awards. The power generation firm, which declared a 113 per cent profit growth in its nine-month results for 2024, disclosed this in a statement made available to our correspondent on...
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Govt advised to use seized estates for ministers’ accommodation

Stakeholders in the real estate sector have advised the Federal Government to convert the seized 753-duplex estate into residents for ministers and other senior government officials. In an exclusive interview with The PUNCH, the Chief Executive Officer of Magnificent Choice Services Project and Engineering Ltd, Jeremiah Akinsele, said the seized houses should replace the housing...
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Equity market gains N319bn in one week

The Nigerian equity market gained N319 billion last week, as 51 stocks appreciated. The All-Share Index rose by 0.72 per cent to close at 98,210.75, while market capitalisation reached N59.534tn. Trading activity saw 3.893bn shares worth N87.749bn traded in 43,868 deals, up from 3.194bn shares valued at N54.850bn in 45,112 deals the previous week. The...
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The Alternative Bank pledges to partner stakeholders

The Alternative Bank has promised to partner with its stakeholders in the South-South region of the country. A release from the lender on Sunday noted that its Executive Director, South, Korede Demola-Adeniyi, stated that during the maiden edition of its Business Forum in Port Harcourt, Rivers State. “At The Alternative Bank, our purpose is clear:...
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NIMRA vows to drive economic growth with data

The Nigerian Marketing Research Association has reaffirmed its commitment to contributing to the country’s economic development by championing reliable data and market insights. NIMRA President, Seyi Adeoye, highlighted the association’s aspirations to be custodian of data, insight, and analytics at the association’s annual general meeting recently in Lagos, themed ‘Rebuilding Better, Rebuilding Together’. Adeoye emphasised...
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Julius Berger gets new MD – Punch Newspapers

An engineering construction company, Julius Berger Nigeria Plc, has announced a management reshuffle following the departure of its Managing Director, Dr. Lars Richter. Dr Peer Lubasch, who is currently the Chief Executive Director of Julius Berger International, will succeed him. In a statement on Ritcher’s farewell, the firm stated that the Chairman of the Board...
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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...