PenCom releases N22bn for retirees
January 22, 2025
As the world shifts towards cleaner energy solutions, Compressed Natural Gas (CNG) cylinders are gaining traction as a viable alternative fuel for vehicles. But what do you need to know about CNG cylinders? Presidential Aide, Otega Ogra, shares expert insights on key considerations, benefits, and safety guidelines for vehicle[Read More…]
Polaris Bank’s commitment to digital innovation and excellence has once again been recognized, as the Bank was awarded the prestigious “Best Mobile App” award for its renowned digital banking platform, VULTe, at the Digital Jurist Awards held October 31 at Eko Hotel in Victoria Island, Lagos. This honor[Read More…]
Nigeria has been thrown into darkness again following the collapse of the national grid for the fourth time in one month. The development comes after the grid collapsed three times in one week towards the end of last month and ten times this year. Hourly generation readings from[Read More…]
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has hit back at Dangote Refinery, accusing the company of exploiting Nigerians by selling petrol at N990 per litre to marketers and described the practice as inconsiderate. Joseph Obele, PETROAN’s National Public Relations Officer, in a statement in[Read More…]
The Lagos State Government has announced a 15-month traffic diversion for the construction of the new transport interchange terminal at the Mile Two area of the state. The state commissioner for transportation, Oluwaseun Osiyemi, said in a statement on Sunday that the diversion would enable the integration of[Read More…]
Access Holdings Plc, the umbrella company of Access Bank, has announced a 114.5 per cent revenue growth in its unaudited results for the third quarter ended September 30, 2024. According to the results, gross revenue for the nine-month period rose by 114.5% year-on-year, growing from ₦1.6 trillion in 2023[Read More…]
The National Economic Council (NEC) on Thursday told President Bola Tinubu to immediately withdraw his Tax Reforms Bill from the National Assembly to allow for wider consultations and consensus building. NEC’s call to the president came three days after Northern governors kicked against the Tax Reforms Bill, contending[Read More…]
The Nigeria Labour Congress, NLC, on Thursday threatened to go on strike following the ruling of a Federal High Court in Abuja stopping the Central Bank of Nigeria, CBN, from paying monthly federal allocation to Rivers State government. The labour body said if the order is reversed, it[Read More…]
FirstBank has teamed up with the Partnership for Carbon Accounting Financials (PCAF) to promote sustainable finance, combat climate change and advance sustainable socioeconomic development. Ms Folake Ani-Mumuney, Group Head, Marketing and Corporate Communications of the bank, announced the collaboration in a statement in Lagos on Tuesday. She said that[Read More…]
Polaris Bank retains double honours as best in digital banking, MSME Polaris Bank, Nigeria’s leading digital retail commercial bank, again at the weekend proved its digital dominance in the Nigerian banking industry, winning the most-coveted award as the best in digital banking and the entire ecosystem for micro,[Read More…]