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Investors pledge to unlock maritime strategic potential

A coalition of indigenous maritime tourism and transportation investors has pledged to unlock strategic investment opportunities aimed at developing Nigeria’s vast but largely untapped maritime tourism economy for the benefit of littoral communities in Lagos and across the country. In a statement released on Wednesday, the group, operating under the auspices of the Allied Concessionaires...
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TGI & Lutessy Clash Over N50m Stock

A disagreement has emerged between TGI Foods and its distributor, Lutessy Foods and Services, over contractual obligations, sales support arrangements, and unsold inventory worth about N50m. Lutessy Foods alleges that delays in product supply and the withdrawal of sales representatives contributed to a build-up of inventory in its warehouses, with some goods approaching their expiry...
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WIEN Pushes for Gender Equity in Nigeria’s Oil Sector

The Women in Energy Network has called for urgent structural reforms in Nigeria’s oil and gas industry to remove systemic barriers that limit women’s participation across the workforce, leadership, and enterprise ownership. During a policy engagement with the Special Adviser to the President on Energy, Olu Verheijen, WIEN presented sector data highlighting persistent gaps. According...
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AGMB & Cutstruct Unveil New Housing Finance Model

AG Mortgage Bank PLC and Cutstruct Technologies Limited have partnered to launch a new housing finance model that would curb fund diversion, improve project completion rates and generally strengthen the housing delivery system in the country. In a statement on Tuesday, it was indicated that the initiative was unveiled at a developers’ forum co-hosted by...
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SPE Pushes Reforms for Nigeria Oil Production Target

The Chairman of the Society of Petroleum Engineers Nigeria Council, Engineer Francis Nwaochei, has called on stakeholders across the oil and gas value chain to align policies, capital, and digital innovation to enable Nigeria to reach and surpass three million barrels per day (mbpd) of crude oil production. Speaking in Lagos at a press conference...
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NIMASA partners WMU to boost maritime human capital

The Nigerian Maritime Administration and Safety Agency has announced renewing its strategic capacity development partnership with the World Maritime University, Malmö, Sweden, through the signing of a four-year Memorandum of Understanding aimed at strengthening Nigeria’s maritime human capital and institutional capacity. The Deputy Director and Head of Public Relations at NIMASA, Mr Osagie Edward, announced...
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Oil industry women get funding boost from NCDMB

The Executive Secretary of the Nigerian Content Development and Monitoring Board, Engineer Felix Ogbe, has announced that the board has expanded its intervention fund for women in the oil and gas sector to deepen inclusion and bridge the gender financing gap in the industry. Engineer Ogbe made this disclosure on Tuesday in his goodwill address...
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Jostle for Adelabu’s ministerial seat heats up

Interested individuals are already jostling for the seat of the Minister of Power, as the current minister, Adebayo Adelabu, prepares to contest the Oyo State governorship election, The PUNCH has learnt. This is even as stakeholders urged President Bola Tinubu to appoint a technocrat as his replacement. Barring any last-minute change of plans, Adelabu is...
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Panic Buying as US-Iran Tensions Rise

Motorists have flocked to petrol stations across Britain in a scramble for fuel as fears of a new oil crisis caused by the Iran war grow, according to a report by The Mirror UK. Frustrated drivers complained on Wednesday about UK petrol stations running out of fuel and long queues at forecourts after hostilities erupted...
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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...