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Eni partners NNPCL to boost local capacity

23.01.2025
Eni’s subsidiary, Nigerian Agip Exploration Limited, in collaboration with the Nigerian National Petroleum Company Limited and NAE PSC, has taken steps to enhance local capacity in the oil and gas sector. This is as the company awarded scholarships to 30 Nigerian graduates for postgraduate studies in Nigerian and overseas universities. In a statement, Eni said...
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Seplat Energy recommits to safety

23.01.2025
Nigeria’s indigenous energy company, Seplat Energy Plc, has recommitted to ensuring the safety of lives and property in its activities. This was as the company emerged as the 2024 Energy Company of the Year in the Africa Safety Award for Excellence. In a statement on Wednesday, the company said the AfriSAFE 2024 Congress and Award...
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Minister, others to discuss energy at Lagos conference

23.01.2025
Oil companies from Africa will join the Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, to discuss Africa’s energy plans at the Sub-Saharan Africa International Petroleum Exhibition and Conference organised by the Petroleum Technology Association of Nigeria. The ninth edition conference will be held at the Eko Convention Centre in Lagos from 11-13 February...
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LFZ eyes Canada partnership to attract investments

23.01.2025
The Lagos Free Zone has called for increased collaboration with the Deputy High Commission of Canada to attract foreign direct investment. According to a statement, the Chief Executive Officer of Lagos Free Zone, Adesuwa Ladoja, made this known in Lagos during a recent visit by a delegation from the Canadian Deputy High Commission, led by...
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Credo plans AI summit in Lagos

23.01.2025
Credo by eTranzact, in collaboration with the Enterprise Development Centre of Pan-Atlantic University and the Global AI Council of Nigeria, will hold the fourth edition of the AI Readiness Roundtable. The event tagged the “AI SME Summit,” is scheduled to take place in Lagos this month, the company said in a statement. The initiative, launched...
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MBN partners Qoray on electric vehicle production

23.01.2025
In a significant move to bolster local innovation and content, Made By Nigerians has announced its sponsorship of Qoray, a pioneering Nigerian company in sustainable mobility. As part of the partnership, Qoray will attempt to set a world record for the longest drive with an electric-powered vehicle brand-named as Electric Teak, a bold initiative that...
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FG to begin 1% freight fee collection

23.01.2025
The Federal Government, through the Nigerian Shippers’ Council, has announced that it will soon start the collection of a one per cent freight fee at the ports. The Executive Secretary and Chief Executive Officer of the NSC, Dr Pius Akutah, stated this on Wednesday in Ibadan during a five-day strategic management retreat. The retreat was...
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Equity market reverses gain with N185bn loss – Punch Newspapers

23.01.2025
Transactions on the Nigerian Stock Exchange closed on a negative note on Wednesday, as the market reversed previous gains, recording a decline of 0.29 per cent. The All-Share Index shed 301.64 points, closing at 102,836.13 points, down from the previous close of 103,137.99 points. The market capitalisation closed at N63.147tn, reflecting a loss of N185bn...
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SEC reports N3tn rise in investment schemes

23.01.2025
The Securities and Exchange Commission has reported an increase in collective investment schemes, which have now surpassed N3tn in 2024. The Director-General of the SEC, Emomotimi Agama, revealed this during an interaction with journalists in Abuja on Wednesday. He explained that CIS offer an alternative investment route for Nigerians by allowing them to pool resources...
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I apologise for saying no heaven without tithe – Adeboye

04.10.2024
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

04.10.2024
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

04.10.2024
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...

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