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Obasanjo, Adesina to headline agric summit

Former President Olusegun Obasanjo and President of the African Development Bank, Dr Akinwumi Adesina, are billed to headline the AgriConnect Summit 2025 meant to empower Africa’s next generation of agripreneurs. According to a statement from the organisers, Lorien Works, the summit, scheduled to be held in Lagos on May 30, 2025, will focus on youth-driven...
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Firm empowers young engineers

An electro-mechanical engineering firm, Kresta Laurel Limited, has made a renewed push to groom young engineers through leadership and technical development as part of its 35th-anniversary activities. According to a statement, the company celebrated its 35th-anniversary milestone with a Students’ Interactive Programme at its Maryland, Lagos headquarters, targeting engineering students from the University of Lagos,...
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Auto sales crash as prices jump 126%, dealers lament

Automobile dealers have lamented the collapse of the car dealership business as the price of vehicles skyrockets by over 126 per cent in eight years, from N18m to N80m on average, crippling sales and excluding middle-income earners from the market. In an interview with The PUNCH, President of the Automobile, Boatyards, Transport Equipment and Allied...
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Indomie lauds fan club on 20th anniversary

Food brand Indomie has lauded the impact of its juvenile-based fan club for positively engaging Nigerian children for 20 years. According to a statement, the brand celebrated its 20th anniversary with an event held at the National Theatre, Iganmu, Lagos. Themed ‘A Journey of Love: Friendship Through the Years Built on Love’, the celebration featured...
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Groups train 50 schoolgirls in literacy, health

The Ilimi Children’s Fund, in partnership with WRTHY, has trained 50 adolescent girls in the Federal Capital Territory on sexual and reproductive health and financial literacy. Programme Coordinator, Ms Tovia Muo, disclosed this in a statement, noting that the training was part of the ICF’s ‘Teach Her to Reach Her’ initiative. The ICF is a...
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Recyclers urge Lagos to fund waste pickers

Recyclers have called on the Lagos State Government to ensure the proposed Plastic Waste Management Fund is transparently deployed to support informal waste pickers, recycling businesses, and youth-led green enterprises in the state. They made the demand in separate interviews with The PUNCH, following the recent announcement by the Lagos State Commissioner for Environment and...
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FG plans industrial hubs in Kano, Abia, Ogun

The Federal Government is set to launch industrial hubs in Kano, Abia, Lagos, and Ogun states. The Minister of State for Industry, Senator John Enoh, disclosed this at the 16th National Council on Industry, Trade and Investment held in Lagos. Enoh declared that Nigeria’s economic transformation hinges squarely on the bold agenda of the Industrial...
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Dangote gets distributor for polypropylene export

The Dangote Petroleum Refinery and Petrochemicals said it will partner with Vinmar Group, an international petrochemicals distribution company, to bring Dangote polypropylene to global markets. Dangote’s $2bn Petrochemical plant in Lagos with 830 metric tonnes capacity, began producing polypropylene in March, in 25kg bags for the local market. According to Reuters, an Executive Director at...
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CBN Treasury Bills auction attracts N1.17tn bids

The Central Bank of Nigeria’s latest Treasury Bills auction held on May 21, 2025, drew total bids worth N1.17tn, highlighting the continued strength of investor appetite for government securities amid high inflation and a stable interest rate environment. The auction, which offered a total of N500bn across three tenors (91-day, 182-day, and 364-day bills), saw...
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Western oil firms exploited weak Nigerian laws – Jonathan

Nigeria’s former President, Goodluck Jonathan, says the Western companies that discovered oil in Nigeria failed to develop the country, blaming this on a lack of laws and technical know-how. Unlike in China, Jonathan said the oil companies preferred to outsource and import everything needed in the industry, leaving the host communities with nothing to show...
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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...