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Social dialogue crucial for economic development – ILO

The International Labour Organisation has underscored the transformative potential of social dialogue in fostering economic growth and social progress. The new ILO Social Dialogue Report 2024 highlights the role of “Peak-Level Social Dialogue” in addressing labour, economic, and social challenges, particularly in facilitating fair and inclusive transitions to low-carbon and digital economies. The report noted...
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CIPM inaugurates branch in USA

The Chartered Institute of Personnel Management of Nigeria has marked a historic milestone with the official inauguration of its USA Branch on Saturday, December 14, 2024. The virtual event themed “Networking & Collaboration: Key to Professional Development,” attended by over 200 participants from across the globe, underscores the Institute’s ongoing mission to set global standards...
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BUA unveils gypsum plaster plant

BUA Gypsum Plaster Limited, a subsidiary of BUA Group, has officially commenced operations at its newly built 2,400 tonnes per day gypsum plaster manufacturing facility in Port Harcourt, Rivers State. A statement from the firm disclosed that the plant, touted as Nigeria’s largest plaster production facility, is expected to significantly boost local manufacturing, meet rising...
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Niger Delta needs integrated strategies for safe environment – NDDC

The Niger Delta Development Commission has emphasised the need for integrated strategies to ensure sustainable ecosystem restoration in the Niger Delta region. The NDDC Director of Environmental Protection and Control, Onuoha Obeka disclosed this in a Tuesday statement signed by the Director of Corporate Affairs of NDDC, Seledi Thompson-Wakama. Speaking during a one-day stakeholders’ engagement...
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SEC seeks policy support to drive $1tn economy

The Securities and Exchange Commission has emphasised the need for policy support to drive Nigeria’s $1tn economy, citing the role of the capital market in facilitating sustainable economic growth. The Director-General of the Securities and Exchange Commission, Emomotimi Agama, made this observation during the SEC Journalists Academy held in Lagos on Tuesday. Agama added that...
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FCMB Agritech rewards startups

First City Monument Bank has awarded winners of its 2024 Agritech hackathon and venture-building programme N23m, recognising their innovative solutions to Nigeria’s agribusiness challenges. A statement made available to our correspondent by the bank on Monday stated that the hackathon, which ran for three months and was powered by Heave Ventures with support from the...
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NGX gains N78bn as MRS, Wapic lead

The Nigerian Exchange closed on a positive note at the end of Tuesday’s trading session, with the equity market adding N78bn to its value. This was driven by gains in MRS Oil Nigeria, Wapic Insurance, and Caverton Offshore Support Group. The All-Share Index advanced by 128.31 points, representing a 0.13 per cent increase to close...
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Food inflation hits 40% despite FG $3.3bn agric loan

Despite securing multilateral loans amounting to $3.334bn (N5.178tn) and attracting over $4.3bn investments to boost food production, the cost of essential staple food items skyrocketed by 60.88 per cent under the leadership of President Bola Tinubu, The PUNCH reports. When Tinubu assumed office in May 2023, food inflation was 24.82 per cent. It jumped to...
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Fraud examiners mark international awareness week

The Association of Certified Fraud Examiners, South-West Nigeria Chapter, has intensified efforts to combat financial fraud in Nigeria by marking International Fraud Awareness Week. The week-long activities featured strategic engagements, capacity building, and collaborative initiatives aimed at fostering transparency and accountability across sectors. A key highlight was a courtesy visit to the Nigerian office of...
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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...