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Experts advocate turnaround management for moribund assets

Experts have called for the adoption of turnaround management to ensure the revival of moribund assets in Nigeria. This was the focus of the two-day annual conference of the Turnaround Management Association organised in partnership with the Konrad Adenauer Stiftung, which concluded in Lagos on Saturday. The conference was held under the theme ‘Reviving moribund...
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SROL wins CIPM HR award for the second consecutive year

Segilola Resources Operating Limited, a gold mining and exploration company, has reaffirmed its industry leadership by winning the Chartered Institute of Personnel Management HR Oscar Award for Best Practices in the Mining Sector at the 57th CIPM International Conference and Exhibition. In a statement on Monday, it was stated that the award ceremony, held on...
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Nigerian veterinarians push for stronger food safety reforms

Nigeria’s veterinarians have taken decisive steps to reclaim their pivotal role in the nation’s health and food systems, as the Nigerian Veterinary Medical Association recently concluded its 61st Annual National Congress and Annual General Meeting in Jalingo, Taraba State, with far-reaching resolutions aimed at reforming animal health governance, strengthening food safety, and elevating professional standards...
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CPAAT to host retreat on smart oil and gas solutions

The Chief Executive Officer of CPAAT Consulting, Folarin Banigbe, has announced the company’s strategic vision for transforming Nigeria’s oil and gas industry through smart technology, collaboration, and digital leadership. Speaking during a media briefing in Lagos to unveil the CPAAT CIO Retreat 2025, themed “Transforming the Oil and Gas Sector with Smart Technology,” Banigbe described...
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GenCos lose N2.3tn to stranded power in Nigeria

Power-generating companies in Nigeria have lost a staggering N2.31tn over the last twelve years due to electricity that could have been generated but was left unused as a result of grid and operational constraints, The PUNCH reports. This is according to fresh data from the Association of Power Generation Companies, the umbrella body for all...
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Otedola hails Tinubu’s 15% petrol import tariff policy

Billionaire businessman, Femi Otedola, has applauded President Bola Tinubu over the implementation of a 15 per cent import tariff on petrol and diesel, saying the move will protect investments in Nigeria’s refining and energy value chain. Otedola, in a post on X on Monday, described the tariff policy as “a crucial move” that would prevent...
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PIND, Okomu Oil sign N1.2bn Edo community development plan

The Foundation for Partnership Initiatives in the Niger Delta has announced the signing of a N1.2bn partnership with Okomu Oil Palm Company Plc to promote peace, prosperity, and sustainable development in the company’s host communities in Edo State. The announcement was contained in a statement issued by PIND on Monday. “The Foundation for Partnership Initiatives...
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50 new tax exemptions for Nigerians starting in 2026

From January 1, 2026, Nigerians on low income, small businesses and average taxpayers are expected to benefit from a wide range of tax waivers under the new tax reform laws. The breakdown, which lists 50 specific exemptions and relief categories, was released by the Chairman, Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, on...
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Wealth inequality threatens democracy, experts warn G20

Wealth inequality is a global emergency that threatens democracy and social cohesion, experts warned on Tuesday, urging G20 leaders meeting in South Africa this month to establish a panel to tackle the crisis. The “inequality emergency” is leaving billions hungry and could worsen under the United States’ “law of the jungle” approach to trade under...
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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...