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Honours for Kingmakers of 10th Senate

23.01.2025
Senator Godswill Akpabio might not have ascended to the highly exalted position of Senate President of the Federal Republic of Nigeria if not for the doggedness and tenacity of Senators Solomon Adeola Olamilekan, Tokunbo Abiru, Bamidele Opeyemi and Sunday Karimi, among others. The seat was hotly contested, with Senator Abdulazeez Yari, a former Governor of...
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FG to begin 1% freight fee collection

23.01.2025
The Federal Government, through the Nigerian Shippers’ Council, has announced that it will soon start the collection of a one per cent freight fee at the ports. The Executive Secretary and Chief Executive Officer of the NSC, Dr Pius Akutah, stated this on Wednesday in Ibadan during a five-day strategic management retreat. The retreat was...
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NAFDAC Destroys Fake, Expired Products Worth ₦1.3bn

23.01.2025
On Thursday, the National Agency for Food and Drug Administration and Control (NAFDAC) destroyed fake, expired, and substandard goods worth ₦1.3bn in the Federal Capital Territory(FCT). The Director General of NAFDAC, Professor Moji Adeyeye, represented by Festus Ukadike, led officials of the agency to the Kuje dump site in Abuja where the products were destroyed....
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AI: It Takes Visionary Leadership To Drive Technology

23.01.2025
The National Chairman of the African Democratic Congress (ADC), Ralph Nwou has extolled the technological revolution in the banking sector but said it should also be allowed to permeate into political leadership. Nwosu who spoke on Thursday at a summit on AI Orchestration, The Conductor Approach, organised by The Next Big Thing Continental (TNBTC), in...
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Equity market reverses gain with N185bn loss – Punch Newspapers

23.01.2025
Transactions on the Nigerian Stock Exchange closed on a negative note on Wednesday, as the market reversed previous gains, recording a decline of 0.29 per cent. The All-Share Index shed 301.64 points, closing at 102,836.13 points, down from the previous close of 103,137.99 points. The market capitalisation closed at N63.147tn, reflecting a loss of N185bn...
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SEC reports N3tn rise in investment schemes

23.01.2025
The Securities and Exchange Commission has reported an increase in collective investment schemes, which have now surpassed N3tn in 2024. The Director-General of the SEC, Emomotimi Agama, revealed this during an interaction with journalists in Abuja on Wednesday. He explained that CIS offer an alternative investment route for Nigerians by allowing them to pool resources...
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2024, significant turning point for NIWA – MD

23.01.2025
The Managing Director of the National Inland Waterways Authority, Mr. Nola Oyebamiji, has stated that the year 2024 was a significant turning point for NIWA. He added that despite some challenges faced, the agency demonstrated resilience, innovation, and unwavering commitment to its vision and mission. Oyebamiji disclosed this in his New Year message to the...
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Council Anchors 2025 Budget On 1% Freight Stabilisation Fee

23.01.2025
Nigerian Shippers Council (NSC) said its 2025 budget would be strategically anchored on the 1 per cent freight stabilisation fee. It noted that this would be achievable upon the Presidential assent of Nigeria Port Economic Regulatory Agency (NPERA Bill). The council’s Executive Secretary, Barrister Pius Akutah, disclosed this at the Five Year Strategic Management Retreat...
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Operators protest N38bn marine ministry budget

23.01.2025
According to findings by The PUNCH, the allocation of N38.3bn to the Ministry of Marine and Blue Economy capital expenditure in the 2025 Appropriation Bill has been greeted by heated controversy. This allocation has sparked concern among stakeholders over the government’s commitment to leveraging Nigeria’s vast marine resources and the economic potential of the blue...
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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...

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Man who asked Tinubu to resign admitted in psychiatric hospital

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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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