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Ajaokuta privatisation could add $115bn to GDP, 70k jobs

A renowned economist and former Senior Special Adviser to the President of the African Development Bank on Industrialisation, Prof. Banji Oyelaran-Oyeyinka, has said Nigeria could unlock up to $115bn in GDP and create 70,000 jobs if the Ajaokuta Steel Company is revived through privatisation. In his keynote address at a virtual international conference titled “The...
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Customs declares war on smugglers, seizes ₦93m PMS

The Comptroller-General of Customs, Bashir Adeniyi, has declared total war on smugglers in Nigeria, urging them to seek alternative means of livelihood. Represented in Yola on Friday by the National Coordinator of Operation Whirlwind, Deputy Comptroller Abubakar Aliyu, he said that the strategic operations against smuggling along Nigeria’s frontiers are aimed at safeguarding food, energy,...
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LCCI Warns of Risks to Firms, Consumer

The resurgence of inflation in Nigeria poses significant risks to business sustainability, consumer purchasing power, and overall economic competitiveness, the Lagos Chamber of Commerce and Industry has warned. In a statement on Thursday, the Director-General of LCCI, Dr Chinyere Almona, reacting to the latest inflation figures released by the National Bureau of Statistics, said the...
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Don urges FG to address Nigeria’s power crisis for business

The Vice-Chancellor of Bells University of Technology, Ota, Prof. Jeremiah Ojediran, has called on the Federal Government to step up its investment to address the hurting epileptic power supply across the country. Prof. Ojediran emphasised the importance of a stable power supply to creating jobs, empowering the teeming Nigerian youth population, and ultimately enhancing the...
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United Nigeria Airlines Grounds 3 Planes After Bird Strikes

United Nigeria Airlines has confirmed another bird strike involving one of its aircraft, bringing the total number of such incidents affecting its operations to three within 48 hours. In a statement signed by the airline’s Public Relations Officer, Chibuike Uloka, and issued on Friday, the airline said the latest incident involved its Embraer 190 aircraft...
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FG, Airlines Meet Over Aviation Fuel Hike & Fare Increase

The Federal Government has appealed to domestic airlines to suspend plans to halt flight operations following the sharp rise in the price of Jet A1 fuel. Aviation Minister Festus Keyamo also urged the carriers to reconsider any planned increase in airfares. This is as he further disclosed that an emergency stakeholders’ meeting had been convened...
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LBS Trains Elderly in Emergency Response Skills in Lagos

Participants from the Senior Management Programme 99 of the Lagos Business School, on Thursday, trained elderly residents of the Lagos Old People’s Home in Yaba, Lagos State, on fundamental emergency response skills. The team also donated physiotherapy and exercise equipment to the home and refurbished the physiotherapy area to make it more welcoming and engaging....
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Experts advocate for improved HPV vaccination awareness

Health experts have called for increased awareness of the Human Papillomavirus, warning that the virus remains one of the most common sexually transmitted infections globally, yet is poorly understood by many Nigerians. Speaking on the issue, the Chief Executive Officer of Inocul8, Dr Emmanuel Egbroko, described HPV as a group of over 150 related viruses,...
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AfriStakes platform connects SMEs with investors in Africa

AfriStakes has launched a new capital platform in Nigeria aimed at linking African small- and medium-scale enterprises with a broad range of investors in a move to address persistent funding gaps across the continent. In a statement, the firm said the platform would improve capital allocation by bridging the disconnect between available funds, investment-ready businesses,...
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Mo’Afrique Marks Decade in African Fashion Industry

Mo’Afrique, a Nigerian bespoke luxury fashion house, has announced plans to mark its 10th anniversary, celebrating a decade of innovation, craftsmanship, and cultural influence in the fashion industry. Founded in 2016, the brand said it has grown into a leading name in African luxury fashion by blending heritage with contemporary design to produce pieces that...
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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...