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SIMS pledges to strengthen partnerships with dealers

SIMS Nigeria Limited in association with TCL, the sole franchise partner in Nigeria, has reaffirmed its commitment to fostering deeper, more collaborative relationships with its dealers, recognising the essential role they play in driving mutual growth and success in the market. The event tagged “TCL/Sims Dealers Meet” was held recently in Lagos. The event gathered...
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Oil reserves plunge by 50bn barrels as investments shrink

The Nigerian Upstream Petroleum Regulatory Authority says the country’s oil reserves declined by 50 billion barrels over 14 years. According to the NUPRC, oil reserves shrank from 38 billion barrels to 37.50 billion barrels between 2008 and 2023. In a publication, the NUPRC blamed this on the tremendous decline of exploration activities due to a...
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Naira may depreciate further during yuletide – Report

It has been projected that demand for foreign exchange during the festive season will worsen the depreciation of the naira. This projection was made by analysts at Meristem Securities Limited in their Inflation Report which was released on Tuesday. In the report, analysts who reviewed October’s inflation figures, which stood at 33.88 per cent, above...
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‘Organisations must seize opportunities amid crisis’

Business leaders have urged organisations in Nigeria to build their change management capabilities to navigate the country’s volatile economic landscape effectively. This call was made during a breakfast roundtable hosted by StreSERT Integrated Limited in collaboration with Kotter Training recently in Lagos. In a statement, the Managing Consultant of SIL, Roselyn Onalaja, highlighted that Nigeria’s...
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Ex-CIBN president, others attend ‘Imo day’

The immediate past president of the Chartered Institute of Bankers of Nigeria, Ken Opara, and other dignitaries are set to attend the Imo Day celebration organised by the Imo Improvement Association in Ibeju-Lekki, Lagos. According to a statement made available to The PUNCH recently, other dignitaries expected at the event include founder, Chisco Group Chidi...
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Nigerian conservator elected IRF Africa representative

Assistant Conservator of Parks with the National Park Service, Mohammed Bala, has emerged as the Africa Regional Representative of the International Ranger Federation. Bala’s election took place during the 10th World Ranger Congress held in Hyeres, France, recently according to a statement. The NPS stated Bala, upon his election, vowed to advance the interests of...
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NPA seeks collaboration to boost regional trade

The Managing Director of the Nigerian Ports Authority, Abubakar Dantsoho, has called for enhanced technological collaboration among African littoral states to accelerate transit cargo transportation, particularly in regions requiring multiple waterway transits. Speaking on Monday at the 44th Annual Council and 19th Roundtable of the Directors General of the Port Management Association of West and...
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International Breweries to empower 1,000 retailers

International Breweries Plc, a member of AB InBev, has reiterated its commitment to foster entrepreneurship and economic growth in Nigeria, through its ongoing 2024 Retailer Development Programme, also known as the Growing Retailers Innovatively Together initiative to train 1,000 retailers. According to a statement, the month-long ongoing training introduced by the parent company, AB-InBev, and...
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Forvis Mazars hosts hackathon for tech talents

Forvis Mazars, a professional services network, says it has hosted its first hackathon to empower tech talents to tackle challenges through technology. According to the firm, the initiative reflects the organisation’s commitment to empowering communities and fostering innovation. Speaking at the event, the Partner at Forvis Mazars, Adams Osamudiame, said, “The event aligns with our...
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I apologise for saying no heaven without tithe – Adeboye

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

Angry protesters on Friday stormed the office of the Rivers State Independent Electoral Commission, singing and chanting ‘Election must hold’. They defied the heavy rainfall spreading canopies, while singing and drumming, with one side of the road blocked. The protest came after the Rivers State governor stormed the RSIEC in the early hours of Friday...

Man who asked Tinubu to resign admitted in psychiatric hospital

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...