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Customs vow to boost trade facilitation

24.02.2025
The Nigeria Customs Service, Lagos Industrial Area Command, FESTAC Town, has reaffirmed its commitment to facilitating trade and also ensuring an open-door policy to both officers and stakeholders. This was contained in a statement over the weekend by the Customs Public Relations Officer in charge of the command, Juliana Tomo. The statement quoted the new...
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FG reviews 16 maritime proposals for amendment

24.02.2025
The Nigerian Maritime Administration and Safety Agency said it is reviewing 16 proposals for amendments to the Maritime Labour Convention 2006, which is often referred to as the ‘Seafarers’ Bill of Rights. The head of public relations at NIMASA, Osagie Edward, disclosed this in a statement recently. Edward explained that the move was made public...
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TAG Energy commits to local content development

24.02.2025
TAG Energy, a Lagos, Nigeria-based oil field services company, has reaffirmed its commitment to developing local content in the energy sector. During a chat with newsmen at the recent Sub-Saharan Africa International Petroleum Exhibition and Conference held in Lagos, the Chief Executive Officer of the firm, Yemi Gbadamosi, stated that the company remains committed to...
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Equity market gains N1.83tn in one week

24.02.2025
The Nigerian equity market recorded a gain of N1.83tn last week as the  All-Share Index and Market Capitalisation appreciated by two per cent and 2.78 per cent to close at 108,053.95 points and N67.418tn respectively. A total turnover of 2.414 billion shares worth N55.512bn in 80,988 deals was traded by investors on the floor of...
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AfDB, Interpol partner against financial crime – Punch Newspapers

24.02.2025
The African Development Bank Group has signed a Letter of Intent with the International Criminal Police Organisation in a renewed commitment to its fight against corruption and financial crime. In a statement on Friday, it was revealed that AfDB was the first multilateral development bank to establish such a collaboration with Interpol. The Letter of...
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NOSDRA begins oil recovery after Shell pipeline spill

24.02.2025
The National Oil Spill Detection and Response Agency has reported an oil spill from Shell’s underwater pipeline in Obololi, Southern Ijaw Local Government area of Bayelsa State. This is as it commenced the recovery of the spilled crude on Friday. The agency in a statement signed by its Director-General, Chukwuemeka Woke on Friday, said a...
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CNG adoption: Nipco converts 15,000 vehicles

24.02.2025
Nipco Gas Limited has announced the conversion of 15,000 vehicles to run on Compressed Natural Gas, adding that the firm has also received Gas Distribution Licences from the Federal Government. It said the government issued the GDL to Nipco Gas through the Nigerian Midstream and Downstream Petroleum Regulatory Authority. The company’s Managing Director, Nagendra Verma,...
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Expert highlights potential to transform Africa’s economy, governance

24.02.2025
Blockchain expert, Danny Oyekan, has said that technology is increasingly recognised as a transformative force in Africa, potentially revolutionising financial systems, trade, and governance. Oyekan in a statement made available to PUNCH Online on Saturday also stated that Blockchain could bridge economic gaps, drive financial inclusion, and enhance transparency across the continent with the right...
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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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