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Nigeria Investment Boosted: PIC & BII Partner

26.06.2025
The Public Investment Corporation and British International Investment have signed a Memorandum of Understanding to accelerate collaboration in investments in Nigeria and across the African continent. The partnership aims to drive sustainable economic growth and development by jointly exploring and pursuing impactful investment opportunities. The MoU outlines a commitment to share deal pipelines, facilitating the...
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Nigeria, India Boost Customs Cooperation at WCO

26.06.2025
The Nigeria Customs Service has reaffirmed its commitment to deepening strategic cooperation with the Indian Customs Administration, as both sides advanced discussions on key customs issues on the margins of the 92nd Session of the World Customs Organisation Policy Commission on 25 June 2025 in Brussels, Belgium. This was contained in Tuesday’s release by the...
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Marine Debris Crisis: Nigeria Summit Seeks Solutions

26.06.2025
Maritime group under the auspices of the Shipping Correspondents Association of Nigeria has highlighted the urgent need to address the crisis of marine debris and its burgeoning threat to the maritime industry, marine ecosystems, and coastal communities. The President of SCAN, Moses Ebosele, in a statement on Wednesday, stated this while announcing its 2025 summit...
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Nigerian Ports Activity Up 49.6%

26.06.2025
Service boat operation in Nigeria recorded an exceptional 49.6 per cent increase in activity, with the number of boats handled growing from 8,956 in 2023 to 13,396 in 2024, reveals a report by the Nigerian Ports Authority. In the 2024 Consolidated Management Report of the NPA, the agency explained that the gross registered tonnage for...
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Assessing Four Years of the PIA

26.06.2025
The Nigerian petroleum industry is set to witness a critical discussion on the progress and challenges of Host Community Development Trusts four years after the Petroleum Industry Act. First Fiduciary Limited, in collaboration with the Nigerian Upstream Petroleum Regulatory Commission, is hosting a high-level roundtable on July 16, 2025, in Lagos. The event, themed “Four...
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ENL Port Safety: Commitment to Operational Excellence

26.06.2025
The management of ENL Consortium, operators of one of Nigeria’s busiest cargo terminals at the Lagos Port Complex, Apapa, has emphasised its unwavering commitment to safety, operational excellence, and emergency preparedness. This is even as the terminal debunked reports alleging that a cargo ship was gutted by fire at its facility on Saturday. On Saturday,...
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Blueprint Unveiled for West Africa

26.06.2025
Determined to transform the maritime and blue economy landscape in West and Central Africa, the management of the Regional Maritime Development Bank, recently in Abuja, met with relevant stakeholders, including officials of the Federal Ministry of Marine and Blue Economy. Announcing this in a statement on Wednesday, RMDB explained that the meeting focused on aligning...
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90% of Employers Exclude Marginalised Groups

26.06.2025
A new report by Jobberman Nigeria has revealed that nearly 9 in 10 employers in Nigeria exclude marginalised groups from their recruitment processes, highlighting a stark inequality in access to employment opportunities for the most vulnerable segments of the population. The report, presented at the Technology and Employment Inclusion in Marginalised Contexts Roundtable held recently...
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Market Soars on Bullish Trading

26.06.2025
The Nigerian Exchange recorded a market capitalisation increase of N1.18tn on Wednesday, driven by investor optimism and corporate earnings, especially from Oando Plc. At the close of trading, the All-Share Index climbed by 1,466.87 points, representing a 1.22 per cent gain to close at 121,257.69. This marks a one-week gain of 3.83 per cent and...
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Oando Q1 Profit Surges 90.5% to N113bn

26.06.2025
Oando Plc has posted a profit after tax of N113.06bn for the first quarter ended March 31, 2025, representing a 90.5 per cent increase from the N59.35bn reported in the corresponding period of 2024. This growth was largely driven by a tax credit of N165.62bn and a reversal of impairment losses amounting to N182.29bn, which...
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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...

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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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