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Manufacturers demand DisCos review as FG mulls tariff hike

07.02.2025
The Manufacturers Association of Nigeria has called on the Federal Government to review the performance of electricity distribution companies in light of their investment in distribution infrastructure, following reports of a planned increase in electricity tariffs. In a statement, the Director-General of MAN, Segun Ajayi-Kadir, called for a review of DisCos as he decried the...
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Alleged Cybercrime: EFCC Arraigns 9 Chinese Nationals

07.02.2025
The Economic and Financial Crimes Commission (EFCC) yesterday arraigned nine Chinese nationals and their company, Genting International Company Limited, before the Federal High Court in Lagos on charges of cybercrime, love scams, and security breaches. The defendants, Su Dong Fu, Zheng Xian Tao, Wang Shi Long, Pan Cai Qi, Ting Liao, Fan Jia, Feng Li...
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Enoh lauds Coca-Cola packaging collection hub

07.02.2025
The Minister of State for Industry, Sen. John Enoh, has hailed Coca-Cola Nigeria for its investment in a Packaging Collection Hub in Apapa, Lagos, describing it as a game-changer for the country’s industrial landscape. Enoh poured encomiums on Coca-Cola and the Nigerian Bottling Company Limited at the recent commissioning of the facility on Friday, stating...
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LASURA Opens Lagos Island Annex Office

07.02.2025
As part of efforts to achieve Governor Babajide Samwo-Olu’s ambition of making Lagos a 21st Century, the Agency saddled with the responsibility of urban renewal in the state, Lagos Urban Renewal Agency has opened an annex office on Lagos Island. According to the special Advisers to the Governor on E-GIS and Planning Matters, Olajide Babatunde,...
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Obi Condemns Killing Of Anambra Lawmaker, Azuka

07.02.2025
The Labour Party (LP) Presidential candidate for the 2023 general election and former Governor Of Anambra State, Peter Obi on Thursday strongly condemned the killing of Justice Azuka, the representative of Onitsha North 1 Constituency in the State House of Assembly. New Telegraph had earlier reported that Azuja who was abducted on December 24, 2024,...
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New FOB charge will worsen production costs – OPS

07.02.2025
The Chairman of the Organised Private Sector of Nigeria, Dele Oye, has called on the federal government to either suspend the implementation of the Free On-Board valuation on imports by the Nigeria Customs Service or exempt businesses involved in production and manufacturing from the policy. On Wednesday, NCS Spokesperson Abdullahi Maiwada announced in a statement...
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FG Adopts ‘Destination 2030; Nigeria Everywhere’ As Tourism Brand

07.02.2025
The Federal Government has officially adopted ‘Destination 2030; Nigeria Everywhere’ as Nigeria’s Global Soft Power and Tourism brand, marking a significant milestone in the country’s journey to become a prominent global hub for Art, Culture, Tourism, and Creative Economy. President Bola Tinubu approved the adoption on Tuesday in Abuja during the Federal Executive Council meeting....
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Firm converts N150m private jet to event space

07.02.2025
A Lagos-based company, Upfront and Statistics, has transformed a private jet worth N150m into a luxury event space, offering a premium setting for various social and corporate gatherings. At the unveiling of the facility in Lagos, the firm’s Chief Executive Officer, Tony Eboh, said the repurposed aircraft would serve multiple functions, including wedding photoshoots, music...
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Neimeth records 102% revenue growth

07.02.2025
Neimeth International Pharmaceuticals Plc has reported a 102 per cent surge in revenue, rising from N2.2bn in 2023 to N4.5bn in 2024. The Managing Director and Chief Executive Officer of Neimeth, Valentine Okelu, disclosed this at a media parley on Thursday, where he provided insights into the company’s financial performance and strategic direction. According to...
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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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