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FG budgets N207m to establish fish feed mills

The Federal Government, through the Ministry of Marine and Blue Economy, has budgeted N207.3m for the construction of a local fish feed mill in the six geopolitical zones of the country. The government also plans to spend N151m on post-harvest infrastructure development for fisheries and aquaculture to reduce waste. This was contained in the 2025...
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Nigeria’s first AfCFTA shipment arrives in Kenya

Nigeria’s first shipment under the African Continental Free Trade Area has arrived at Mombasa Port, Kenya. The Nigeria AfCFTA Coordination Office, led by Olusegun Awolowo, coordinated the shipment per the African Union’s 31st Ordinary Assembly decision mandate. The Nigeria AfCFTA Coordination Office said in a statement on Sunday that the country’s shipment to Kenya underscores...
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MTN raises N42.2bn in commercial paper issuance

MTN Nigeria Communications Plc has successfully raised N42.2bn through its Series 15 and 16 Commercial Paper issuance under the company’s N250bn Commercial Paper Issuance Programme. In a recent disclosure to the Nigerian Exchange Limited by the company secretary, Uto Ukpanah, the telecommunications giant stated that the 180-day and 270-day commercial papers were issued at yields...
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Group advocates oil block licences for Niger Deltans

A group under the aegis of the Niger Delta Community Youths Association based in Bayelsa, Akwa-Ibom, Edo, Rivers, Cross-River, Delta, Imo, Abia, and Ondo States, has expressed strong objection to the recent allocation of oil block licences to corporate entities and individuals who are not indigenes of the Niger Delta. This was in reaction to...
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Transport minister seeks more funds for infrastructure development

The Minister of Transportation, Senator Said Alkali, has called for increased funding to sustain and expand the nation’s transportation infrastructure as outlined in the 2025 budget proposal. He disclosed this in a statement signed by Chief Information Officer, Federal Ministry of Transportation, Gift Seddon, on Friday. Addressing the Joint Committees at the National Assembly in...
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Economic reforms turning Nigeria around — Oyedele

The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has assured Nigerians that the ongoing economic reforms by the Bola Tinubu administration are beginning to yield positive results. Speaking at The Platform, an event organised by the Covenant Nation on Saturday, Oyedele stressed that the removal of petrol subsidies, a...
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Afrexim Bank’s fund will boost aviation sector – Airlines

Airline operators are optimistic the aviation sector will be significantly enhanced if Afrexim Bank implements its pledge to provide financing for aircraft acquisition in Nigeria. The Chief Operating Officer of United Nigeria Airlines, Osita Okonkwo, expressed optimism while speaking with our correspondent about the transformative impact of the proposed access to finance for the acquisition...
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NCRIB partners firms to widen insurance coverage

The Nigerian Council of Registered Insurance Brokers has said it will partner with supermarkets in 2025 to ensure that Nigerians do not have an insurance-free 2025. This was disclosed by the President and Chairman of the Governing Board of the NCRIB, Bàbàtunde Oguntade, at a media parley at the council’s headquarters in Lagos. The poor...
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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...