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Firm, philanthropists support Nigerians with disabilities

Pukka Logistics and Support Services Ltd., in collaboration with international philanthropists, has extended support to Nigerians living with disabilities in Lagos. At an event held at the Centre for Citizens with Disabilities office in Opebi, Ikeja, food items were distributed, and messages of hope were shared with beneficiaries. The representative of Pukka Logistics, Akingbelu-Banjo, said...
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Ecobank Transnational appoints Ayo Adepoju as Executive Director

The Board of Directors of Ecobank Transnational Incorporated, the parent company of the Ecobank Group, has announced the appointment of a Nigerian, Ayo Adepoju, to the Board as Group Executive Director. According to a statement on Friday, the appointment became effective on Wednesday. Before his appointment, Adepoju was the Group Chief Financial Officer. ETI indicated...
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High Interest Rates Crippling Nigeria’s Manufacturers

The Chief Executive Officer of Cutix Plc, Ijeoma Odunoye, speaks on the struggles of local manufacturing firms amid high inflation and interest rates, insecurity, and a torrent of substandard imports. She explains how her company is navigating the economic environment and highlights the need for government intervention to sustain businesses in this interview with OLUWAKEMI...
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Water Project Failures: $700M Lost?

The World Bank has blamed weak institutional capacity at the sub-national level for the failure of Nigeria’s $700m Sustainable Urban and Rural Water Supply, Sanitation and Hygiene Programme. The programme, which aims to increase access to water, sanitation, and hygiene services and strengthen sector institutions across participating states, has recorded limited progress nearly four years...
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Why new firm won oil blocks in 2024 round — NUPRC

The Nigerian Upstream Petroleum Regulatory Commission has explained why a new company won oil blocks in the 2024 licensing bid round. There were complaints that Panout Oil & Gas, an eight-day-old oil company (as of the time of the bid), won oil blocks. At the licensing round commercial bid conference held in Lagos last December,...
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Ministry partners Itana to boost digital trade in Nigeria

The Ministry of Industry, Trade, and Investment has signed an agreement with Itana, Nigeria’s first licensed digital economic zone management company, to boost digital trade and attract global tech investment. Itana made this disclosure in a statement to Saturday PUNCH on Friday. Backed by development funding from the Africa Finance Corporation, Itana is developing a...
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Petrobras eyes Nigeria, others for oil exploration

Brazil’s state-run oil giant, Petrobras, has declared its ambition to make Africa its principal region of development outside South America, with a major push into deepwater exploration. The company’s Chief Executive Officer, Magda Chambriard, disclosed that Côte d’Ivoire (Ivory Coast) extended what she described as a “red carpet” by offering Petrobras preferential rights to acquire...
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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...