January 2025 – Page 93

Nigeria loses $70m annually to outdated fishing laws – Operators

20.01.2025

Industry operators under the auspices of the Fisheries Cooperative Federation of Nigeria Limited have said Nigeria is losing about $70m annually to outdated fishing laws. The National President of FCFNL, Muhammad Laminu, disclosed this in a telephone conversation with Sunday PUNCH. He cited unreported, illegal, and unregulated industry as the problems of the Nigerian fishing...

Creation Of National Polytechnics Commission’ll Address Lingering Crisis –ASUP

20.01.2025

The Academic Staff Union of Polytechnics (ASUP) has said the creation of National Polytechnics Commission would address the lingering crisis within the Polytechnic sector. ASUP President, Shammah Kpanja who advised the National Assembly against distractions in passing the Bill currently before it, alleged that the National Assembly and the Federal Ministry of Education were mulling...

95% bank debtors borrowed from MFBs in 2024 – CBN – Punch Newspapers

20.01.2025

The Central Bank of Nigeria has revealed that 95.66 per cent of bank debtors borrowed from microfinance banks as of September 2024. This dominance highlights the critical role of MFBs in the country’s lending ecosystem, particularly for individuals and small businesses. Out of the 6,537 total debtors recorded across all creditor types, 6,253 were linked...

Politician Awards N40m Scholarships To Football Winners

20.01.2025

In renewed commitment to youth development, former Nigerian Presidential candidate, Prof. Chris Imumolen, has awarded €40 million in scholarships to the male and female champions of the National Secondary School Flag Football Competition. To this end, the Lagos State male and female teams each received N20 million in scholarships for their stellar performances haven emerged...

NSE tasks graduates on AI adoption for national development

20.01.2025

Experts in the Nigeria Society of Engineers have called on young graduates to embrace artificial intelligence as a transformative tool for the nation’s engineering and entrepreneurial landscape. Speaking at an event organised by the Nigeria Society of Engineers in conjunction with the Faculty of Engineering, University of Lagos, the NSE Lagos Branch Chairman, Kesha Olukorede,...

LG Poll: Ondo CJ Inaugurates Tribunal

20.01.2025

The Chief Judge of Ondo State, Justice Olusegun Odusola, has inaugurated an Election Petitions Tribunal to address grievances that may arise from Saturday’s local government election. Justice Odusola said the two committees consist of senior magistrates and lawyers of impeccable characters. Members of the tribunal are Dickson Oguntuyi, Ruth Olumilua Adebodun, Kehinde Aladedutire, Aduroja Atinuke,...

Skills gap stalling facility management growth, says firm – Punch Newspapers

20.01.2025

The Chief Executive Officer of Max-Migold Ltd, Paul Erubami, says skill gaps, inadequate funding, and inconsistent regulatory enforcement are stalling the growth of facility management in the country. In a statement, Erubami noted that the Facility Management Master Craft Diploma has set out plans to provide specialised training for aspiring facility managers in a bid...

Wema Bank To Reward 131 Nigerians In 1st 2025 5-For-5 Promo Season 4 Draw

20.01.2025

Wema Bank is set to reward 131 customers across Nigeria with N11,000,000 in cash prizes, in its first 5-for-5 Promo Season 4 monthly draw of the year in Warri, Delta State. The Managing Director and Chief Executive Officer of the bank, Moruf Oseni, recounted the big picture for the promo and the impact this draw...

LASG mandates CCTV for six-floor buildings, others – Punch Newspapers

20.01.2025

The Lagos State Government says it would henceforth demand the mandatory installation of CCTV cameras in buildings of six floors and above as a prerequisite for the issuance of planning permits. This was made known in Alausa recently by the Commissioner for Physical Planning and Urban Development, Dr. Oluyinka Olumide. The commissioner said, “Property owners...

Processed Red Meat Linked To Dementia Risk –Study

20.01.2025

A new study by United States investigators have found that eating greater quantities of red meat, especially in processed forms, can increase the risk for dementia. Results published online in the journal ‘Neurology,’ the medical journal of the American Academy of Neurology, highlight that replacing processed red meat with protein sources like nuts and legumes...