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Four FCMB customers win N1m each

31.01.2025
Four customers of First City Monument Bank have become millionaires while 900 others received cash prizes of up to N50,000 in the bank’s promo. The winners emerged at the first draw of its Millionaire Promo Season 10 held nationwide recently. The new millionaires are Issa Aliyu, a farmer from Ilorin, Kwara State; Anthony Ngiah, a...
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Domestic fuel supply drags petrol imports to eight-year low

31.01.2025
The importation of Premium Motor Spirit (petrol) into Nigeria is on track to hit its lowest volume in eight years. This significant shift is driven by the operations of the 650,000-barrel-per-day Dangote Petroleum Refinery, the country’s recently established mega-refinery, which is reducing the need for imports and bolstering Nigeria’s fuel sufficiency. A report by Bloomberg...
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UBA Foundation wins philanthropy of the year award

31.01.2025
UBA Foundation, the Corporate Social Responsibility arm of the United Bank for Africa Plc, won the ‘Philanthropy of the Year award at the recently held 2025 THISDAY Awards. UBA Foundation emerged as the winner in the category, which had other nominees, including Dangote Foundation, NLNG, MTN Foundation, and Fidelity Bank Foundation. The award ceremony, tagged...
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Senator urges MFBs integration for agric credit access

30.01.2025
The lawmaker representing Enugu North Senatorial District, Okechukwu Ezea, has called for the integration of microfinance banks into the disbursement of agricultural and rural credit programmes for improved access to rural finance. Ezea said this during a recent constituency meeting in Nsukka, Enugu State. Recent data from the Central Bank of Nigeria revealed that 95.66...
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Access Bank tackles Africa’s $81bn trade finance gap

30.01.2025
Access Bank Plc has announced plans to host its first-ever Africa Trade Conference to bridge the $81bn annual trade finance gap on the continent. This was indicated in a statement made available to The PUNCH on Wednesday. The conference to be hosted under the theme ‘Empowering Africa Through Trade, Innovation, and Sustainable Growth’ is scheduled...
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Burst aircraft tyre: FG suspends Max Air, examines other airlines

30.01.2025
The Federal Government, through the Nigeria Civil Aviation Authority, has announced the suspension of operations by Max Air following Tuesday night’s incident involving the airline’s aircraft in Kano. It also announced on Wednesday that it had commenced organisational risk profiles for each scheduled airline, including Max Air, adding that the exercise was nearing conclusion. The...
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Active bank accounts hit 311.65m in December – NIBSS

30.01.2025
Latest data from the Nigeria Inter-Bank Settlement System has revealed that the volume of active accounts in the Nigerian banking system rose to 311.65 million as of December 2024. This marks a 48.89 per cent appreciation in the 12 months from January 2024, when the figure stood at 209,311,667, to December, when it hit 311,649,173....
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Nigerdock records 17m man-hours without loss time injury

30.01.2025
Nigerdock said it had achieved a significant safety landmark of 17 million man-hours without lost time injury across its operations. The company announced this in a statement on Tuesday obtained by The PUNCH. Nigerdock, in the statement, added that the noteworthy achievement is indicative of the company’s implementation of global safety standards and sustainable business...
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NUPRC boss bags CEO award

30.01.2025
The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission, Gbenga Komolafe, was named the Chief Executive Officer of the Year at ThisDay’s 30th Commemoration Awards. Komolafe received the CEO award at an event held in Lagos between Monday and Tuesday. Speaking after receiving the award, Komolafe said it would spur him to be more...
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NCR reports N2.2bn loss

30.01.2025
NCR Nigeria Plc has reported a loss of N2.2bn for the financial year ending 31 December 2024, marking a decline from the N738.9m loss recorded in 2023. The company’s overall performance in 2024 was adversely impacted by a decrease in revenue and an increase in the cost of sales. In the company’s financial statement on...
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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
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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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