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RMRDC, BOI partner to end N500bn onion losses

The Raw Materials Research and Development Council and the Bank of Industry have partnered to tackle the N500bn lost annually to post-harvest loss in the onion industry. Director-General of the RMRDC, Prof. Nnayelugo Ike-Muonso, disclosed this during a courtesy visit to the Managing Director, BOI, Dr. Olasupo Olusi, in Lagos. In a statement, Ike-Muonso said...
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Group premieres documentary on African legacy

Chief Executive Officer of Accelerate Media Group Colette Otusheso, has premiered a six-part documentary, The Decolonisation of Africa, which she described as “a declaration” aimed at elevating African voices and history through authentic storytelling. The premiere, held at The Metropolitan Club in Lagos, attracted top dignitaries, including former President Olusegun Obasanjo, former Commonwealth Secretary-General Emeka...
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Stakeholders, port agencies partner to cut N2.5tn losses

The Nigerian Shippers’ Council and the Nigerian Ports Authority have called for stronger public-private collaboration to tackle chronic inefficiencies at the nation’s ports. This is as Nigeria seeks to unlock the estimated $3.4 tn market potential under the African Continental Free Trade Area. The Executive Secretary of the NSC, Dr Akutah Ukeyima, represented by the...
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Firm unveils new gaming platform

A bookmaker, Ogabet, has rebranded its sports betting platform, unveiling new features, bonuses and games. In a statement, the firm stated its rebranding is aimed at delivering what it describes as “the ultimate betting experience” for Nigerian punters. The firm revealed the revamped platform comes with incentives, including a 600 per cent welcome bonus, a...
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NRC suspends Warri-Itakpe service

The management of the Nigeria Railway Corporation has suspended train services to Warri-Itakpe for 72 hours effective. Thursday over a technical fault in the train’s engine. This was made known through a statement signed by the acting spokesperson of the corporation, Henrietta Eregare, and made available to our correspondent on Thursday. It will be recalled...
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Eterna grows revenue N313bn, returns to profitability

Eterna Plc, a sustainable integrated energy company, has demonstrated remarkable resilience, posting a 71 per cent increase in revenue to N313.6bn for the year ended December 31, 2024. In a statement, the company said the performance marked a significant turnaround, returning it to profitability after navigating a challenging economic landscape. The audited consolidated financial statements...
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Minister urges NNPC to complete AKK, OB3 pipeline projects

Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, has charged the new leadership of the Nigerian National Petroleum Company Limited to prioritise the completion of the Ajaokuta-Kaduna-Kano (AKK) and the Obiafu-Obrikom-Oben (OB3) gas pipeline projects. Ekpo also appealed to the NNPC team to pay immediate attention to other critical national gas projects across the...
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Zamfara agency, firm partner to facilitate technology transfer for MSMEs

In a strategic push to drive inclusive economic growth and enhance trade prospects in Northern Nigeria, the Zamfara State Investment and Property Development Company Limited has signed a partnership agreement with Duchess Marketplace to facilitate technology transfer and capacity-building initiatives for micro, small, and medium enterprises in the state. A statement by the investment company...
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Lagos port experiences vessel traffic surge amid forex woes

Despite the fluctuating exchange rate and other operational challenges, vessel activities have recorded a significant surge at Lagos port in the past week, findings by The PUNCH have shown. The Nigerian Ports Authority’s Daily Shipping Position between March and date showed that since the first day of April 2025, different vessels with different cargoes, including...
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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...