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Colgate unveils new ambassador

Colgate-Palmolive has named actor Ali Nuhu as its brand ambassador for Northern Nigeria following the activation of the ‘Yanga with Your Smile’ campaign in Kano State recently. In a statement, Colgate noted that the market activation was aimed at raising awareness about oral hygiene and attracted Kano residents who participated in free dental checks. Colgate’s...
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LCCI cautions against tax reform bills’ rejection

The Lagos Chamber of Commerce and Industry has called on Nigerians to thoroughly review the four tax reform bills submitted by President Bola Tinubu to the National Assembly. It emphasised the need for informed criticism instead of outright rejection. In a telephone interview with The PUNCH, the President of the LCCI, Gabriel Idahosa, underscored the...
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Advertising industry struggling despite festivity – AAAN

Holiday season advertising is experiencing a slowdown, negatively impacting the sector as businesses tighten their budgets due to economic challenges. Advertising and business sector players revealed to The PUNCH in separate interviews that while some brands were making efforts to promote seasonal sales, the volume of campaigns pales in comparison to previous years. The President...
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Origin Tech partners Lagos on food hubs

An agro-allied firm Origin Tech Group has partnered with the Lagos State Government to construct four additional middle-level food hubs to enhance food security and reduce costs in the state. In a statement, the Executive Chairman of Origin Tech Group, S.J. Samuel alongside Lagos State Governor Babajide Sanwo-Olu at the Lagos Central Food Security Systems...
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Stakeholders canvass investment in film industry

Stakeholders in the financial and creative sectors have called for increased investment in the country’s film industry to unlock its economic growth and job creation potential. According to a statement, industry leaders at the maiden edition of the Africa Film Finance Forum held recently in Lagos emphasised the need for financing infrastructure to bridge critical...
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Promasidor lauds distributors for driving growth

Promasidor Nigeria Ltd has commended its distributors for their role in driving the company’s growth amid the competitive consumer goods market. According to a statement, the recognition was the highlight of its 2024 Annual Distributors Conference held in Lagos recently and themed ‘Bigger, Bolder, Better’. Promasidor’s Chief Executive Officer, Francois Gillet, expressed gratitude for the...
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Women to examine green economy financing

A non-profit organisation, ImpactHER has announced it will host an African Women Sustainability Conference 2024, aimed at positioning women entrepreneurs at the forefront of Africa’s green revolution. In a statement, ImpactHER in collaboration with the African Union and the United States Department of Commerce, noted that the conference, themed ‘Igniting Africa’s Green Revolution: Empowering Women...
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FCMB Group posts N82.4bn profit

FCMB Group Plc reported a profit after tax of N82.4bn for the nine months ending September 30, 2024, reflecting a 68 per cent growth compared to N49.2bn in the same period last year. This was disclosed in the bank’s financial statement for the third quarter of 2024 filed with the Nigeria Exchange recently. The growth...
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Naija SDGs Hackathon produces winners

Winners have emerged in the grand finale of the Naija SDGs Hackathon 4.0 at the Sustainable Finance Day 2024, held in Lagos recently. According to a statement from the organisers on Thursday, the winners include Team CarbonEx (sustainable energy solutions); Team Lafiya, (water sustainability); and Team TRIPEF (affordable healthcare), who won N1m each to advance...
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CardinalStone Asset Management gets new ratings

CardinalStone Asset Management Limited has received top ratings from three renowned agencies, reaffirming its position as a top player in Nigeria’s asset management industry. According to a statement from the licensed fund and portfolio manager, it received top ratings from GCR Rating, Agusto & Co. and DataPro. CAML received an ‘A’ rating from  Agusto &...
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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...