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Terminal operator suspends empty containers collection

The Terminal Manager of APM Terminals Apapa, Steen Knudsen, has announced that the terminal has temporarily restricted the reception of additional empty containers until the existing stock is cleared by shipping lines. In a statement on Thursday, Knudsen stated this while responding to recent concerns surrounding the congestion of empty containers at its terminal, setting...
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Mbah Performs Groundbreaking Ceremony For Vehicle Assembly Plant

The Enugu State Governor Peter Mbah on Wednesday performed the groundbreaking ceremony for Stallion Vehicle Assembly Plant and Automotive Infrastructure, saying the initiative is part of the administration’s effort to transition the state from a consumer-based to a production-driven economy. Performing the symbolic foundation-laying ceremony in the Owo community, alongside the Group Managing Director of...
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New Finance Management App Unveiled

A finance management app designed to help creatives, freelancers, and small business owners better manage their funds has been unveiled. The app, called Velvy, allows users to send branded, professional invoices quickly, track payments with notifications, log and categorise expenses effortlessly, and automate reminders to avoid chasing late payments. Velvy allows users to view clear...
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Tinubu Signs Order to Slash Oil Project Costs by 40%

President Bola Tinubu has signed an Executive Order aimed at slashing oil and gas projects’ costs, improving government revenue, and accelerating investment inflow into Nigeria’s energy sector. In a statement issued on Thursday by the Office of the Special Adviser to the President on Energy, the Federal Government said the directive introduces far-reaching fiscal reforms...
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40 Oil Block Licences Set to Expire in June 2025

No fewer than 40 oil licences will expire in June 2025, and the companies holding these assets may lose them unless the Minister of Petroleum renews their licences in accordance with the Petroleum Industry Act. According to the Nigerian Upstream Petroleum Regulatory Commission’s Upstream Concession Situation Report in May, the various licences, which were granted...
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Vitamin D Might Slow Biological Ageing –Study

A new study led by researchers in the United States has found that Vitamin D supplements might be a veritable Fountain of Youth, capable of slowing down a person’s biological ageing. Findings of the study are published in the ‘American Journal of Clinical Nutrition’. People taking daily vitamin D3 experienced less wear-and-tear on their telomeres,...
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Bonga oilfield

TotalEnergies has announced that its subsidiary, TotalEnergies EP Nigeria, has signed an agreement with Shell Nigeria Exploration and Production Company Ltd for the sale of its non-operated 12.5 per cent interest in the OML118 Production Sharing Contract. In a statement on Thursday, the company TotalEnergies disclosed that the deal is valued at $510m. OML118 PSC...
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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...