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Dangote Group urges increased investment in industrial sector

The Dangote Group has advocated the need for massive investment in technology to boost Nigeria’s industrial sector and enhance global recognition. Speaking at Dangote’s Special Day on Wednesday, at the ongoing 36th Enugu International Trade Fair, Mr. Ayirioritse Okerentie, Deputy Regional Director, South East, Dangote Cement Plc, highlighted the importance of adopting best-in-class global practices...
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Bank of Agriculture pledges restructuring

The new Managing Director of the Bank of Agriculture, Ayo Sotinrin, has promised to restructure the organisation to meet its mandate. Sotinrin said this on Wednesday while taking over from his predecessor, Alwan Ali Hassan, at the bank’s headquarters in Kaduna. The PUNCH reports that President Bola Tinubu had last week appointed Sotinrin as the...
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Stanbic IBTC Bank to reward customers with N130m

Stanbic IBTC Bank is set to give out about N130m to customers in the fourth season of its savings promo. The bank announced the launch of Season 4 of its highly successful Reward4Saving Promo, reinforcing its commitment to fostering a strong savings culture among Nigerians, on Wednesday. From the previous three seasons, over 1,900 winners...
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Nigeria got $50bn from Afreximbank funds – Oramah

Afreximbank has disbursed a total of $50bn in Nigeria over the past decade, making significant contributions to the country’s key sectors, including energy, manufacturing, healthcare, transport, and financial services. The President and Chairman of the Board of Directors of Afreximbank, Prof. Benedict Oramah, disclosed this during the commissioning of the Afreximbank Africa Trade Centre in...
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30 states rush to avert flood crisis

Ahead of the rainy season, states have commenced measures to arrest the flooding expected to inundate no fewer than 1,249 communities in 176 local governments across 30 states and the Federal Capital Territory, Abuja. The measures include public enlightenment campaigns, dredging water channels, and relocating communities on river banks and floodplains. On Thursday, the Federal...
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Air Peace reviews flight boarding process

Air Peace has introduced a revamped boarding system to enhance passenger convenience, professionalism, and comfort. The new arrangement prioritises boarding for military personnel, passengers with wheelchairs or special needs, and business class travellers. This is according to a statement signed on Wednesday by the airline’s Head of Corporate Communications, Ejike Ndiulo. The airline announced the...
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REAN kicks as FG plans solar panels import ban

The Renewable Energy Association of Nigeria has called on the Federal Government not to implement its plan to ban the importation of solar panels. The association, in a statement made available to our correspondent yesterday, said the move to ban solar imports in Nigeria is a decision that demands careful reconsideration. Recently, the Minister of...
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We must fix electricity to build $1tn economy – Elumelu

Chairman of Transcorp Group, Mr Tony Elumelu, has said that Nigeria’s ambition to build a $1tn economy cannot be realised without urgent and sustained efforts to address challenges in the country’s electricity sector. Elumelu, who spoke on Wednesday at the company’s Annual General Meeting held in Abuja, said access to reliable power remains the single...
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I apologise for saying no heaven without tithe – Adeboye

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

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

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...