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Customs agents to meet over 15% port tariff hike

27.02.2025
Licensed customs agents operating at the ports have concluded plans to meet and discuss the way forward as the Nigerian Ports Authority plans to implement the 15 per cent port tariff hike on March 1. The National President of the Association of Nigerian Licensed Customs Agents, Mr. Emenike Nwokeoji, said the association will soon meet...
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Terminal operator wins Pacesetter Award

27.02.2025
West Africa Container Terminal-APM Terminals Nigeria, has won the Special Economic Zones Industry Pacesetter Award organised by the Nigerian Economic Zone Association. In a statement on Wednesday, the terminal operators stated that the award was presented to WACT-APMT by the Managing Director of the Nigeria Export Processing Zones Authority, Dr. Olufemi Ogunyemi, at the 3rd...
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Digital payment fraud hits N52bn – Report

27.02.2025
The amount lost to fraud in Nigeria’s digital payments sector has surged by 350 per cent over the past five years, rising from N11.61bn in 2020 to N52.26bn in 2024, according to a recent report by the Nigeria Inter-Bank Settlement System. Despite the rise in financial losses, the report noted a 31 per cent decline...
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Equity market rebounds with N11bn gain

27.02.2025
The Nigerian Exchange rebounded at the close of trading on Wednesday, recording a market capitalisation gain of N11bn as investors showed renewed buying interest in select stocks. The benchmark All-Share Index edged up by 17.20 points, or 0.02 per cent to settle at 107,798.99 points, reversing previous losses. Despite the positive performance, trading activity declined...
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Govt plans to phase out power generators

27.02.2025
The Federal Government said there are plans to boost power generation and phase out the use of power generators in individual homes and offices. This is as the government concluded plans to unveil the Integrated Resource Plan for the power sector. The Special Adviser to the Minister of Power on Strategic Communications and Media Relations,...
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NIMASA commits to good maritime business environment

27.02.2025
The Nigerian Maritime Administration and Safety Agency has reaffirmed its commitment to fostering a level playing field and creating an enabling environment for businesses in Nigeria’s maritime sector. This is according t a statement on Tuesday by the head of public Relations at NIMASA, Osagie Edward. According to the statement, the Director General of NIMASA,...
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Ecobank, firm eye $700bn global furniture market

27.02.2025
Ecobank Nigeria and Design Week Lagos have expressed a desire to see Nigerian brands play competitively in the global furniture market valued at over $700bn. At a press conference held in Lagos on Tuesday, the partners said that the Design & Innovation Exhibition held at the Ecobank Pan-African Centre would serve as a launchpad for...
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Zubairu succeeds Oramah as Africa Club chairperson

27.02.2025
The Alliance of African Multilateral Financial Institutions, also known as the Africa Club, has announced the appointment of President/CEO of the Africa Finance Corporation, Samaila Zubairu, as its new chairperson. Zubairu succeeds AAMFI’s founding chair, Professor Benedict Oramah, who is the president and chairman of the board of directors of the African Export-Import Bank. According...
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FG Partners FMBN For Financing Solutions

27.02.2025
The Minister of Women Affairs, Imaan Sulaiman -Ibrahim has lauded the planned partnership between the Federal Ministry of Women Affairs and the Federal Mortgage Bank of Nigeria (FMBN) aimed at providing housing financing solutions that will empower women and make them house owners. The model, according to the Managing Director of the Federal Mortgage Bank...
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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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