Business

  Access ARM Pensions has called on long-term and institutional investors to take a more active role in financing sectors critical to Nigeria’s industrialisation and economic growth. Speaking at the ninth Nigerian Association of Insurance and Pension Editors conference in ...

  Sterling One Foundation has highlighted the importance of empowering girls as the world marks the International Day of the Girl Child on Friday. In a statement made available to our correspondent, the Foundation, which is focused on tackling the ...

  United Bank for Africa Plc has announced that for the sixth consecutive year, it will be sponsoring the annual Lagos International Trade Fair. The LITF, which is the 38th edition, is organised annually by the Lagos Chamber of Commerce ...

  The Securities and Exchange Commission has approved the extension of Nigerian Breweries Plc’s 599.1bn rights issue. The acceptance period, initially scheduled to close on October 11, has been extended to Friday, October 18, 2024, following the SEC’s approval. In ...

  To commemorate the International Day of The Girl Child, Zenith General Insurance has donated cash to the Lagoon School Library project. International Day of The Girl Child is observed globally on October 11 every year. The Theme of this ...

  Tech billionaire Elon Musk has unveiled the next-generation humanoid robot, Optimus, declaring its capabilities as boundless and setting the stage for a new era in robotics. Musk made the bold announcement at the highly anticipated “We, Robot” event, on ...

  The Federal Government has proposed introducing a tax payment option that enables individuals to pay their taxes in instalments. It introduced this in the Nigeria Tax Bill 2024, recently submitted to the National Assembly for consideration and approval. Our ...

  The Independent Petroleum Marketers Association of Nigeria is poised for talks with Dangote Petroleum Refinery between Tuesday and Wednesday to finalise agreements on the cost and lifting of petrol from the plant. It was learnt on Sunday that the ...

  The Nigerian Communications Commission has announced that it has completed the linking of all phone numbers in the country to a National Identification Number. Speaking at the 2024 Annual Corporate Governance Conference held in Lagos on Thursday, the Executive Vice-Chairman of the ...

  *Wema Bank Launches #MyTeacherMyHero Challenge to Celebrate Exceptional Educators in Nigeria* As the world celebrates the invaluable contributions of teachers on World Teachers’ Day, Wema Bank proudly joins this global recognition by launching the #MyTeacherMyHero Challenge to honor and ...

  The Nigeria Labour Congress (NLC) on Wednesday rejected the new increase in petrol pump price, saying it will further deepen poverty in the country. “It will further deepen poverty as production capacities dip, more jobs lost with multidimensional negative ...

  Nestlé has announced submission of entries for the 2024 Nestlé Nigeria Media Awards. The entries for the fourth edition of the annual event which recognizes and rewards journalistic professionalism and excellence across Nigeria will focus on stories that align with key ...

  The Nigerian National Petroleum Company Limited (NNPC) has increased the price of Premium Motor Spirit (PMS) or petrol, from N855 per litre to N998 per litre across its retail outlets in Lagos. This represents a 12.7 percent or N113 ...

  Iran last night grounded all flights from its airports hours after Israel vowed revenge for a barrage of missiles the Islamic regime fired at it on Tuesday. The ban will last from 9pm local time on Sunday (6.30pm GMT) ...

  The Federal Government says it has commenced sales of crude oil and other refined products in naira. It said the initiative commenced on October 1, 2024 without providing further details on the contractual agreement signed and pricing of the ...

  Leading financial technology firm OPay has introduced its innovative Large Transaction Shield feature, designed to offer users greater control and security over their funds. In a statement released to The PUNCH on Sunday, the company explained that the feature ...

  Sterling Bank has teamed up with AfriGO and the Nigeria Inter-Bank Settlement System to introduce the “Independence Reward Programme”. Launched in commemoration of Nigeria’s 64th Independence anniversary, the bank noted in a release that the initiative sought to distribute ...

  Unity Bank Plc has hosted a capacity-building workshop aimed at empowering women entrepreneurs with digital marketing skills. The workshop, themed “Empowering Women Entrepreneurs: AI and Digital Marketing Strategies,” brought together participants from various sectors to equip them with essential ...

  Coscharis Technologies Limited, a subsidiary of the Coscharis Group, has finalised plans to executive a $4bn renewable energy project to revolutionise Nigeria’s power sector. According to the firm, the initiative, the largest green energy project in West Africa, will ...

  The Federal Government is set to deliver up to 400,000 barrels of Nigerian crude oil daily to the Dangote refinery under its naira-for-crude agreement, a report by Bloomberg stated on Monday. It said this significant development is expected to ...

  Lagos, 5 October 2024: FirstBank has announced the full restoration of services on Firstmobile, its mobile banking platform, following a downtime earlier this week which occurred following a recent upgrade of the mobile banking application. Firstmobile is now up ...

  Access ARM Pensions Limited has commenced its operations with N3tn in Assets Under Management. In a statement on Thursday, Access ARM Pensions stated that the newly formed entity, a merger of Access Pensions Limited and ARM Pension Managers Limited, ...

The House of Representatives on Thursday approved President Bola Tinubu’s request for a refund of about N24bn to the Kebbi and Nasarawa state governments, for the takeover of two airports built by the two states. Recall that on May 16, ...

  Wema Bank Launches MOWA-SARA Accelerator Programme …Partners with Federal Ministry of Women Affairs to empower 500,000 women. Through its women-focused proposition, SARA by Wema, Wema Bank, Nigeria’s most innovative bank and pioneer of Africa’s first fully digital bank, ALAT, ...

  Meta Platforms Inc., the parent company of Facebook, disclosed on Wednesday that it paid over $2bn to content creators in 2023, marking a significant milestone in its monetisation efforts. This announcement coincides with the rollout of Facebook’s new Content ...