The Punch Pending

1 month ago Business

Airtel boosts digital skills with N50m scholarships

The Airtel Africa Foundation, through Airtel Nigeria, has disbursed a total of N50m in first-year funding to 100 Nigerian students under its Airtel Africa Tech Fellowship Programme, strengthening its push to expand digital skills and education access in the country. The initiative targets high-perf…

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1 month ago Business

Glo targets gamers, streamers with new data bundle

Nigeria’s telecommunications and digital services company, Globacom, has launched a new data initiative aimed at heavy internet users, introducing enhanced bundles under its “More Data More Value” offer. The company said the new packages are designed to deliver higher data volumes and improved valu…

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1 month ago Business

FirstBank daily loan payouts hit N1bn milestone

First Bank of Nigeria Limited has crossed a significant digital lending threshold, recording a historic N1bn single-day disbursement on its flagship salary-backed digital loan product, FirstAdvance. The financial institution announced on Monday that the breakthrough underscores a sharp increase in …

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1 month ago Business

EFCC arraigns Blessing CEO over alleged fresh N13m medical fraud

Justice Yellim Bogoro of the Federal High Court, in Lagos, on Wednesday ordered the remand of popular social media influencer and self-styled relationship therapist, Blessing Okoro, fondly called Blessing CEO, in the custody of the Nigerian Correctional Service pending the commencement of her trial…

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The Punch Pending

1 month ago Business

Court orders bank to reinstate sacked employee, awards N5.5m damages

The National Industrial Court of Nigeria, Lagos Division, has ordered a bank to withdraw the dismissal of a former employee, Mr Tajudeen Balogun, and awarded him N5.5m in damages after finding that the bank wrongfully terminated his employment based on incorrect information supplied by Obafemi Awol…

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The Punch Pending

1 month ago Business

CMSA summit targets sustainable growth, investor confidence

The Capital Market Solicitors Association has said its 2026 Annual Business Summit will focus on strengthening the structural foundations of Nigeria’s capital market, deepening investor confidence and promoting sustainable growth beyond temporary market rallies. During a press briefing on Wednesday…

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The Punch Pending

1 month ago Business

‘Feedstock issues cut Dangote petrol production capacity’

The Dangote Petroleum Refinery has reduced operations at its gasoline-producing unit by about 34 per cent since May 21 due to a combination of feedstock constraints and technical issues, according to a Reuters report citing industry monitor IIR Energy. The development comes amid heightened concerns…

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The Punch Pending

1 month, 1 week ago Business

Marketing leaders call for expanded CMO role

Marketing leaders, business executives and communications experts have called for a redefinition of the Chief Marketing Officer’s role, urging marketers to move beyond traditional brand management and focus on enterprise leadership, business growth and value creation. The call was made on Thursday …

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The Punch Pending

1 month, 1 week ago Business

Mutual Benefits records strong growth across key metrics

Mutual Benefits Assurance Plc has announced its audited financial results for the year ended 31 December 2025, reporting a strong performance marked by significant growth in profitability, improved insurance revenue and continued expansion of its balance sheet. The results underscore the company’s …

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1 month, 1 week ago Business

Panic as fire guts Osun plastic warehouse

Panic gripped residents and traders in the Old Garage area of Osogbo, Osun State, on Sunday after a fire engulfed a warehouse used for storing plastic containers. The affected facility is located close to a filling station and the Dugbe Divisional Headquarters of the Nigeria Police Force, raising f…

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1 month, 1 week ago Business

Farooq Oreagba: From sidestream to mainstream

I was sitting on my three-seater chair with its peeling leather in my 2-by-2-metre apartment when I heard a voice: “Egbon, ba yi si?” Looking up, I discovered it was Saheed Olugbon, a serial award-winning photographer, who plies his trade with the most widely read newspaper headquartered in a gigan…

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1 month, 2 weeks ago Business

Police arrest security guard for stealing motor spare parts in Ogun

Operatives of Owode-Egba Division of the Ogun State Police Command have arrested a 32-year-old security guard, Friday Ayuba, for allegedly stealing motor spare parts belonging to his employer at Ita-Asu Village, via Owode-Egba. The spokesperson of the state police command, DSP Oluseyi Babaseyi, dis…

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1 month, 2 weeks ago Business

Near-fatal electric shock at work led to my disability — Corps member

A corps member, Peace Bassey, speaks with TEMITOPE ADETUNJI about her near-fatal electric shock in 2015 that left her with a disability and reshaped the course of her life You made a TikTok post about surviving an incident that could have been fatal and how it eventually led to your disability. Cou…

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1 month, 2 weeks ago Business

Price hike forces pregnant women to abandon fruits despite health risks

Every time seven-months-pregnant Ayo Sarumi walks past fruit stalls in her neighbourhood, she keeps moving. Watermelons, which used to be her craving and a regular part of her diet, have become an expense she can no longer justify. “Now that the price is competing with the amount of money I need to…

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1 month, 2 weeks ago Business

Children’s Day: FirstBank, NTA unveil nationwide activities

FirstBank is set to commemorate Children’s Day 2026 with a series of sponsored nationwide engagements designed to educate, inspire, and empower children across Nigeria. Through its sponsorship of initiatives organised by the Nigerian Television Authority, Nigeria Future Leaders Festival, and Lexico…

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1 month, 2 weeks ago Business

Lagos customers urged to report electricity issues to LASERC

The Lagos State Electricity Regulatory Commission has urged electricity consumers in the state to escalate unresolved power complaints to the commission after reporting such issues to their distribution companies. LASERC made the call following the resolution of a year-long electricity crisis that …

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The Punch Pending

2 months ago Business

CAF to hold AFCON 2027 qualifying draw Tuesday

The Confederation of African Football will on Tuesday conduct the qualifying draw for the 2027 Africa Cup of Nations. The event will mark the start of the road to the continent’s flagship football tournament to be jointly hosted by Kenya, Tanzania and Uganda. CAF disclosed this in a statement publi…

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2 months ago Business

BON Bread safe, free of harmful substances — NAFDAC

The National Agency for Food and Drug Administration and Control has declared that Food & Food Integrated Company Limited, makers of BON Bread, is not in violation of any of its regulations. The agency stated this after conducting a scientific investigation into a viral social media video alleging …

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The Punch Pending

2 months, 2 weeks ago Business

Risk Management Basics Every African Forex Trader Needs to Know

As we move forward in Africa, we can see that the Forex trading space is still growing exponentially. Whether it is in Nigeria, Kenya, South Africa, or Ghana, there is a new generation of traders coming into the space, leveraging technology as well as an increase in financial literacy levels. What …

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The Punch Pending

2 months, 2 weeks ago Business

Emefiele: Court summons police chief, one other in $6.23m fraud case

The Federal Capital Territory High Court in Abuja has summoned former Executive Secretary of the Financial Reporting Council of Nigeria, Jim Obazee, and a Commissioner of Police, Eloho Okpoziakpo, to testify in the ongoing trial of a former Governor of the Central Bank of Nigeria, Godwin Emefiele. …

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