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RusselSmith, CWEIC announce partnership

27.02.2025
RusselSmith, a provider of innovative industrial solutions focusing on asset integrity and advanced manufacturing, has joined the Commonwealth Enterprise and Investment Council as a strategic partner. In a statement, it was disclosed that as part of the partnership, CWEIC has appointed RusselSmith’s Chief Executive Officer, Kayode Adeleke, to its Global Advisory Council. It stated, “This...
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Niger gov nominated for Global Farming Award

27.02.2025
The World Leadership Merit Award Committee has nominated the Niger State Governor, Alhaji Mohammed Bago, for the prestigious World Star Farmer Award, recognising his exceptional contributions to agriculture and rural development in Nigeria. The announcement coincided with the governor’s 51st birthday on February 22, 2025, and was described as a special birthday honour by the...
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Nvidia revenues hit $39.3bn on surging AI chip demand

27.02.2025
Global chipmaker Nvidia Corporation reported $39.3 billion in revenue for the fourth quarter ended January 26, 2025, marking a 12 per cent increase from the previous quarter and a 78 per cent rise year-over-year. The company disclosed the figures in its financial report released on Wednesday, attributing the growth to rising demand for its Artificial...
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FMBN posts N11.6bn operating surplus

27.02.2025
The Federal Mortgage Bank of Nigeria has recorded an operational surplus of N11.58bn in its 2024 management accounts, marking the first time in over 30 years that the institution has achieved such a financial milestone. This was disclosed on Wednesday by the Managing Director/Chief Executive of FMBN, Shehu Osidi, at a press conference marking the...
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ITU, FG seek global action on submarine cable disruptions

27.02.2025
The Federal Government of Nigeria and the International Telecommunication Union have called for global collaboration to address the increasing disruptions and damages to submarine cables, warning that such incidents pose a threat to the growth and sustainability of the digital economy worldwide. Speaking at the International Submarine Cable Resilience Summit, hosted by Nigeria in Abuja...
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ECOWAS to strengthen regional energy data integration

27.02.2025
The Economic Community of West African States has reaffirmed its commitment to strengthening regional energy data integration with the third annual workshop on the ECOWAS Energy Information System. The event, held in Lagos from February 25 to 28, brought together representatives from ECOWAS member states, specialised energy agencies, and the ECOWAS Directorate of Energy and...
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SPDC awards SPM buoy fabrication to local contractor

27.02.2025
The Shell Petroleum Development Company of Nigeria Limited is engaging in the in-country fabrication of two single-point mooring buoys. The SPM buoy fabrication was awarded to Prime Sources Limited, an indigenous company based in Warri, Delta State. In a statement, SPDC disclosed that the Nigerian Content Development and Monitoring Board commended it for the in-country...
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FG partners firm on cassava revolution

27.02.2025
The Federal Government has pledged support for Agbeyewa Farms in its drive to boost cassava production and agro-processing, describing the company’s large-scale investment as a model for food security and economic empowerment. According to a statement, the Minister of Agriculture and Food Security, Abubakar Kyari, made this commitment during a working visit to Agbeyewa Farms...
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CNG will reduce transportation costs – FG

27.02.2025
Despite the challenges facing the adoption of Compressed Natural Gas, the Minister of State Petroleum Resources (Gas), Ekperikpe Ekpo, has insisted that the use of CNG will reduce the high cost of transportation. Ekpo said Nigeria’s gas sector has witnessed significant transformation under the administration of President Bola Tinubu, expressing confidence that CNG will get...
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Tolling: FG to review highways concession agreements

27.02.2025
The Federal Government is thoroughly reviewing the eight road projects concessioned to private investors under the Highway Development Management Initiative. The projects assigned to the concessionaire in 2023 were strategically planned with the expectation of generating a substantial N11.54tn in revenue through toll collections throughout their execution. These projections, however, have been tampered with by...
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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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