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Dangote sugar loses N193bn

05.03.2025
Dangote Sugar Refinery Plc has reported a loss after tax of N192.6bn for the financial year ended December 31, 2024, representing a 161 per cent increase from the N73.76bn loss recorded in the corresponding period of 2023. The company’s audited financial statements, filed with the Nigerian Exchange Limited on Tuesday, showed that its loss before...
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Migo Mobile unveils plan to bridge digital gap

05.03.2025
Migo Mobile, a new player in Nigeria’s mobile device market, has officially launched its operations in a bid to bridge the country’s digital gap. According to a statement, the company aims to provide affordable, high-quality smartphones and laptops to Nigerians, ensuring that even those with limited financial resources can access reliable digital devices. Speaking at...
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PMI unveils podcast on leadership, others – Punch Newspapers

05.03.2025
The Project Management Institute has unveiled ‘The Shift Code’, a new podcast series that delves into the intersection of leadership, change management, and real-world project impact. Hosted by PMI President and Chief Executive Officer Pierre Le Manh, the podcast would feature candid discussions with top executives across industries such as aerospace, technology, and agriculture. According...
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Emirates SkyCargo bags international airline award

05.03.2025
The airfreight division of Emirates Airlines, Emirates SkyCargo, has been awarded the prestigious title of International Airline of the Year for the second consecutive year at the STAT Times International Awards for Excellence in Air Cargo. This honour, secured via votes by readers of STAT Times, recognises the vital role Emirates SkyCargo plays in global...
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‘Innovation, sustainability key to affordable housing’

05.03.2025
A real estate expert and partner at Veritasi Homes Plc, Tobi Yusuff, has emphasised the importance of innovation and sustainability in delivering affordable housing without compromising quality. Yusuff said this at the 2025 Veritasi Realtors’ Conference themed ‘Navigating the Future of Real Estate: Innovation, Investment & Impact,’ which is aimed at the professional development of...
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BAGASOO explores new income sources

05.03.2025
The Banjul Accord Group Aviation Safety Oversight Organisation is exploring new income sources and urging member states to prioritise fulfilling their financial obligations to ensure efficient operations and enhance aviation safety. In a statement released to journalists by the Ministry of Aviation and Aerospace Development on Monday, BAGASOO emphasised that its member states should also...
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Trade unions must shape AI impact in workplaces – ITUC

05.03.2025
The International Trade Union Confederation has called for stronger worker involvement in decisions on AI adoption in workplaces. The body asserted this at a high-profile global summit on Artificial Intelligence, hosted by the French government, convened heads of state, multinational corporations, trade unions, and academics to discuss AI’s societal implications. Speaking at the event, ITUC...
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FirstBank holds groundbreaking ceremony for new state-of-the-art eco-friendly headquarters

05.03.2025
The groundbreaking ceremony signifies the beginning of a transformative journey that reinforces FirstBank’s commitment to excellence, innovation, and customer satisfaction. The new headquarters is designed with sustainability in mind, featuring a green-certified building that reduces operational costs and positions FirstBank as a leader in sustainable banking practices. According to Olusegun Alebiosu, CEO, FirstBank Group, “We...
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Gencos lament N4.7tn debt as power generation hits 5,713MW

05.03.2025
As Nigeria’s power sector witnessed a rise in electricity generation, the companies behind power production have condemned the Federal Government’s failure to pay the N4.7tn debt owed to Gencos by the sector. The Transmission Company of Nigeria disclosed on Tuesday that the nation’s power generation hit 5,713.60 megawatts, the highest since four years ago. While...
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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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