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Engineering Professionalism Crucial for Maritime Development

28.08.2025
The Director-General of the Nigerian Maritime Administration and Safety Agency, Dr. Dayo Mobereola, has emphasised the critical role of professionalism in engineering practice as a foundation for Nigeria’s Marine and Blue Economy development. Dr. Mobereola made this remark when he received the Nigerian Society of Engineers, led by its president, Engineer Margaret Aina Oguntala, who...
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Afriland Properties Pays N178.6m Interim Dividend to Shareho

28.08.2025
Afriland Properties Plc has paid about N178.6m as an interim dividend to its shareholders for the half-year period ended June 30, 2025. According to a statement on Wednesday, the firm said that the move reflects its strong financial performance and commitment to delivering long-term value. Afriland Properties Plc is a property management, investment, and development...
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Import Cost to Soar Past N6.6tn Due to New FOB Charge

28.08.2025
The Manufacturers Association of Nigeria has warned that the Nigeria Customs Service’s reintroduced four per cent Free-on-Board charge on imports will worsen inflation, raise the cost of raw materials above the N6.6tn recorded in 2024, and further burden struggling manufacturers. In a statement, the Director-General of MAN, Segun Ajayi-Kadir, discredited the NCS’s claim that its...
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Nigerian Navy Arrests 333 Vessels in 6 Years

28.08.2025
The Nigerian Navy acquired 21 new vessels within the last 10 years and arrested 333 vessels between 2015 and 2021 for various infractions, including involvement in piracy, crude oil theft, illegal bunkering, illegal fishing, and infringement on others. The Flag Officer Commanding Western Naval Command, Rear Admiral Gregory Oamen, disclosed this on Wednesday in Lagos...
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Nigeria’s June Petrol Spending Hits N1.3tn

28.08.2025
Amid rising energy costs, Nigerians spent about N1.3tn on buying Premium Motor Spirit (petrol) to power their vehicles and electricity generators in June, as consumption across the country reached 1.44 billion litres, according to the latest data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority. Nigerians consume more petrol than any other fuel, and...
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Cornerstone, RT Briscoe Lead Los

28.08.2025
At the end of the day’s trading session on the Nigerian Stock Exchange, the market lost N324bn as the benchmark All-Share Index shed 512.60 points, representing a 0.36 per cent decline to close at 141,248.76. This brought the year-to-date gain to 37.23 per cent despite the reversal in the day’s trading. A total of 682,854,714...
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Nigeria-Brazil Trade Ties Strengthened by Capital Markets

28.08.2025
The Group Managing Director/Chief Executive Officer of Nigerian Exchange Group, Temi Popoola, has said that capital markets will play a central role in driving trade and investment growth between Nigeria and Brazil. Popoola stated this during a business session held on the sidelines of President Bola Ahmed Tinubu’s state visit to Brazil, where both countries...
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Access Holdings Director Resigns, Citing CBN Guidelines

28.08.2025
Access Holdings Plc has announced the resignation of one of its non-executive directors, Roosevelt Ogbonna, from its board after three and a half years of service. In a notice to the Nigerian Exchange Limited on Wednesday, the company explained that Ogbonna, who continues to serve as the Managing Director/Chief Executive Officer of Access Bank Plc,...
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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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