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UNCCD: FG Links Poverty, Insecurity To Land Degradation

05.12.2024
The Federal Government through the Minister of Women Affairs, Imaan Sulaiman-Ibrahim, has linked the current poverty and insecurity situations facing the country to the impact of land degradation. The minister made this known in her speech at the ongoing United Nations Convention to Combat Desertification (UNCCD) COP16 in Saudi Arabia. The minister noted that the...
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Bridging Financial Inclusion Gaps Crucial To $1trn Economy Vision – Shettima

05.12.2024
Vice President Kashim Shettima has implored development partners and other stakeholders to bridge systemic inequalities and foster an inclusive, unbiased financial system that benefits all Nigerians irrespective of gender or geography. In this regard, he identified some unsettling gaps yawning for serious attention, including low penetration of digital financial services among women, just as he...
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Interswitch backs CeBIH conference on digital payments

05.12.2024
Interswitch, Africa’s leading payments and digital commerce company, has announced its sponsorship of the 2024 Committee of e-Business Industry Heads Conference. In a statement on Wednesday, the payment giant said the event will be held this month in Lagos, with the theme, “Payment System Vision 2030: Navigating Contemporary Issues in Driving Future Growth.” CeBIH, an...
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Fuel imports hit 2.3bn litres despite local production

05.12.2024
Despite the commencement of petrol production by two major refineries in Nigeria in the last three months, oil marketers have continued to import and distribute the product nationwide. The PUNCH gathered on Wednesday that marketers imported 2.3 billion litres of petrol between September 11 and December 5, 2024. The continued importation of petrol is contrary...
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Poor policies expose ports infrastructure to cyber-attacks – Stakeholders

05.12.2024
Stakeholders in the maritime sector have said that the vulnerability of Africa’s maritime infrastructure to cyber-attacks is due to the widespread use of outdated technology and inadequate policies. These experts added that this challenge was threatening the continent’s economic stability and national security.  The Anti-piracy Security Head at Trident Group America Inc., Prof Alfred Oniye,...
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Axxela CEO pledges renewed growth

05.12.2024
The new Group Chief Executive Officer of Axxela Limited, Ogbemi Ofuya, has promised to work hard for the growth of the organisation. In a statement, Ofuya expressed pleasure over his appointment, commending the board for deeming him fit for the position. He said the company had transformed into an integrated energy solutions company over the...
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Nigeria will never stop fossil fuel production, says Lokpobiri

05.12.2024
As the call for energy transition intensifies, the Nigerian government has vowed not to ever stop fossil fuel production. The Minister of States for Petroleum Resources (Oil), Heineken Lokpobiri, stated this on Wednesday at the Practical Nigerian Content Forum organised by the Nigerian Content Development and Monitoring Board in Bayelsa State. According to Lokpobiri, the...
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Naira devaluation raises foreign debt by N30tn – Report

05.12.2024
Naira devaluation raised Nigeria’s external debt by about N30.03tn between 2023 and June 2024 when considered in naira terms, an analysis by The PUNCH showed. Despite a reduction in the country’s debt when measured in US dollars, the exchange rate shift has made Nigeria’s foreign obligations far more costly in local currency. Data from the...
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I apologise for saying no heaven without tithe – Adeboye

04.10.2024
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

04.10.2024
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

04.10.2024
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...

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