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Ondo eyes pension funds to boost infrastructure

18.04.2025
Governor Lucky Aiyedatiwa has announced that Ondo State is actively exploring avenues to utilise pension funds for infrastructural development as part of a broader strategy to boost economic growth and ensure sustainable development. According to a statement issued on Thursday, the governor disclosed this while receiving a high-powered delegation from the National Pension Commission on...
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Dangote fuel pricey despite crude oil crash

18.04.2025
The pricing of refined petroleum products at the Dangote Petroleum Refinery has been identified as one of the incentives to import these products into Nigeria. S&P Global said in a report that the Dangote refinery’s reduction in petroleum products’ prices was not significant compared to the global fall in prices. The PUNCH recalls that the...
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Dangote extends N16bn food support to Abuja, Kogi

18.04.2025
The Federal Capital Territory, Abuja, and the Kogi State Government have received food donations from the Aliko Dangote Foundation, as part of the N16bn Annual National Food Intervention programme launched last month. Speaking at the recent flag-off in Abuja, the Senior Special Adviser to the President of Dangote Group, Fatima Abdurrahman, said 10,000 bags of...
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NDPHC invests N500bn in transmission infrastructure

18.04.2025
The Niger Delta Power Holding Company has disclosed that it has invested over N500bn in transmission infrastructure across the country. The Managing Director/Chief Executive Officer of the company, Jennifer Adighije, stated this during an inspection of the 330/132/33kV Lafia Transmission Substation in Nasarawa State. A statement issued on Thursday by the General Manager, Corporate Communication...
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Firm inaugurates manufacturing plant in Lagos Free Zone

18.04.2025
Guala Closures, a global player in the production of closures for the spirits, wine, water, beer, non-alcoholic beverage, and edible oil markets, has inaugurated its new greenfield manufacturing facility in West Africa, strategically located in the Lagos Free Zone. A statement from the firm on Thursday stated that the inauguration ceremony was attended by Ugo...
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Owerri Customs intercept N1bn contraband

18.04.2025
The Nigeria Customs Service Federal Operations Unit, Zone C, Owerri,  said it intercepted various contraband with a duty paid value of N1bn between March 20, 2025, till date. In a statement obtained by The PUNCH, the Customs Area Controller in charge of the command, Bashir Balogun, stated this on Thursday while showcasing some of the...
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Nigerian Breweries posts 186% surge in profit

18.04.2025
Nigerian Breweries Plc has announced a return to profitability in the first quarter of 2025, reporting a 186 per cent increase in net profit compared to the same period in 2024. The unaudited financial results, which were released on the Nigerian Exchange Limited on Thursday, showed that the company’s revenue for the period ended March...
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Experts laud Securities Act for digital assets clarity

18.04.2025
Experts and policymakers have lauded the Investment and Securities Act 2025, describing it as a significant move that positions Nigeria as a major player in the Fourth Industrial Revolution. In a statement made available to our correspondent on Thursday, the landmark legislation, signed into law by the Federal Government in March 2025, empowers the Securities...
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Enforce building regulations, operators urge govt

18.04.2025
Urban planning experts and estate developers have called on the Lagos and Ogun State governments to urgently enforce building regulations and provide critical infrastructure to halt the unchecked growth of slums and restore order to the country’s built environment. The stakeholders made the call at a recent two-day workshop in Abeokuta, Ogun State, with the...
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Dufil Prima unveils children’s award

18.04.2025
Dufil Prima Foods Ltd has unveiled the 17th edition of its Indomie Heroes Award, celebrating exceptional Nigerian children who have demonstrated acts of bravery and excellence. The company announced on Tuesday the new edition of the ‘Unsung Heroes’ awards at a press conference in Lagos. The General Manager of Group Corporate Communications and Events at...
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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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04.10.2024
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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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