Home / News (page 56)

News

News

Polaris Bank honoured at 2024 NECA awards

  Polaris Bank has emerged as the sectoral winner in the Banking and Other Financial Institutions Sector category at the 2024 NECA Annual Employers’ Excellence Awards. The bank received sectoral recognition for its innovative HR practice at the fourth edition ...

Read More »

World Bank may approve $500m loan to Nigeria today

  The Board of the World Bank Group is expected to meet and decide on approving a $500m loan to Nigeria today (Friday) to boost rural access and agricultural marketing in the country, The PUNCH reports. According to information obtained ...

Read More »

₦80.2bn fraud: Court grants Yahaya Bello ₦500m bail

  The Federal High Court in Abuja on Friday granted bail to the immediate past governor of Kogi State, Yahaya Bello, in the sum of ₦500 million with two sureties. Justice Emeka Nwite ordered Bello to produce two sureties, each ...

Read More »

Aba Disco announces plan to hike electricity tariff

  Aba Power Limited Electric, APLE, has announced that it has applied to the Nigerian Electricity Regulatory Commission, NERC, for an electricity tariff hike. Ugo Opiegbe, Managing Director, Aba Power, disclosed this when he presented the company’s application at a ...

Read More »

Reps demand closure of ‘illegal’ loan apps used by criminals

  The House of Representatives has called for the closure of illegal loan platforms used by “one chance” operatives to extort money from victims. The resolution followed a motion of urgent public importance moved by Billy Osawaru during plenary on ...

Read More »

Your tax ‘ll not be spent on frivolities – Sanwo-Olu assures Lagosians

  Governor of Lagos State, Mr. Babajide Sanwo-Olu has assured tax payers in the state that their taxes will not be spent on frivolities, but rather on profitable ventures that would enhance economic growth of the state and well- being ...

Read More »

Ooni of Ife visits Buhari in Daura

  The Ooni of Ife, Oba Adeyeye Ogunwusi, visited former President Muhammadu Buhari in Daura, Katsina State, on Wednesday, November 11. Ahmad Bashir, a former media aide to Buhari, revealed this in photos shared on X.com the same day. His ...

Read More »

I stand by my words – Kemi Badenoch replies Shettima

  Kemi Badenoch, leader of the UK Conservative Party, has defended her critical remarks about Nigeria following backlash from Vice President Kashim Shettima, who accused her of denigrating the country. Badenoch, who was born in the UK but grew up ...

Read More »

Drug addict arrested for fraud ONE week after leaving prison

  The adage, ‘One day for the thief, every day for the owner,’ recently came to bear on a 28-year-old man, Oluwanisola Quadri, when he was apprehended by personnel of Oluyole Security Surveillance Team in Ibadan, Oyo state, after he ...

Read More »

Shettima slams Kemi Badenoch for ‘denigrating’ Nigeria

  Vice President Kashim Shettima has criticised the newly elected UK Conservative Party leader, Kemi Badenoch, for making disparaging remarks about Nigeria. Speaking at the 10th Annual Migration Dialogue at the State House in Abuja on Monday, Shettima emphasized that migrants are a ...

Read More »

Court denies bail for Yahaya Bello

  Justice Maryann Anenih of the Federal Capital Territory High Court has declined a bail application by Yahaya Bello, former Governor of Kogi State, ruling that the application was prematurely filed. Delivering her decision, Justice Anenih stated that the application, ...

Read More »

German President arrives Nigeria today on a 3-day visit

  German President, Frank-Walter Steinmeier is set to arrive in Nigeria today, Tuesday, December 10, 2024 and stay until December 12, 2024. The German Embassy announced this in a statement. “While in Abuja, President Steinmeier will meet with the President ...

Read More »

ASUU declares strike in Bayelsa varsity

  The Academic Staff Union of Universities at Bayelsa State Government-owned Niger Delta University has declared an indefinite strike over the government’s alleged failure to honour agreements reached with the union.   The strike action was announced on Tuesday following ...

Read More »

NCAA to sanction airlines over delayed ticket refunds

  The Nigerian Civil Aviation Authority (NCAA) is ready to sanction any airlines that delay ticket fees refund to passengers. Mr Michael Achimugu, NCAA Director of Public Affairs and Consumer Protection, made this known in a statement on Tuesday in Abuja. ...

Read More »

Lagos teacher bags life jail for def!ling eight-year-old pupil

  The Ikeja S3xual Offences and Domestic Violence Court presided over by Justice Ramon Oshodi, on Monday, sentenced 23-year-old John Osifo to life imprisonment for def!ling his eight-year-old student. Punch Metro learnt that the defendant was initially arraigned on January ...

Read More »

Man beats wife to de.ath in Lagos

  A Lagos-based man identified as Sunday has been taken into custody by the state Police Command for allegedly beating his wife, Habibat Bakare, to de.ath in the Ipaja area of the state. Punch Metro gathered in a telephone conversation ...

Read More »

NAFDAC warns bakeries against using Saccharin and Bromate

  The National Agency for Food and Drug Administration and Control (NAFDAC) has issued a warning to bakeries across the country, advising against the use of saccharin and bromate in bread production. The agency’s Director-General, Prof. Mojisola Adeyeye, shared the ...

Read More »

Police officer k!lls teenage boy over fireworks

  A trigger-happy policeman has reportedly gunned down a 17-year-old boy, Emeka Odogwu, in Ozoro community, Isoko North Local Government Area of Delta State. The gory incident was said to have occurred on Saturday night when policemen stormed the area ...

Read More »

I don’t plan to leave inheritance for my children – 90-year-old Nigerian pharmacist

  An accomplished 90-year-old Nigerian pharmacist, Alhaji Adegoke Ogunyemi, has stated that he won’t leave his children an inheritance after providing them with a good education. The co-founder of Jolliters Chemists from Ogun State disclosed this in an interview with Punch. ...

Read More »

States warn private schools against hikes in fees

  The authorities in Borno, Yobe and Adamawa states have warned private school proprietors against arbitrary fee hikes and non-compliance with educational regulations. The News Agency of Nigeria (NAN) reports that most private schools in the affected states have continued ...

Read More »

I was invited and not arrested – Pastor Bolaji Idowu clarifies

  Pastor Bolaji Idowu, the Lead Pastor of Harvesters International Christian Centre (HICC), has addressed recent allegations regarding his supposed arrest by the Nigerian Police. It was previously reported that Pastor Idowu was detained in connection with real estate fraud ...

Read More »

No evidence Of new COVID variant XEC In Nigeria – FG

  The Federal Ministry of Health and Social Welfare has confirmed that there is no evidence of the newly detected COVID-19 variant XEC in Nigeria. This clarification comes as the variant, first reported in Australia, has spread to 29 countries, ...

Read More »

Qore recognises Moniepoint as best fintech

  Moniepoint has been named the “Overall Best Fintech in Digital Banking Solution Delivery” in the OFI Category at the NEXUS 2024 awards, organised by Qore. The recognition, disclosed in a statement on Wednesday, underscores the company’s contributions to transforming ...

Read More »

Stanbic IBTC Pension announces digital channel downtime

  Stanbic IBTC Pension Managers Limited has announced the early closure of some branches and a temporary disruption of its digital services due to a planned system maintenance exercise. The company disclosed in an E-mail sent to its customers on ...

Read More »

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 ...

Read More »