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BCPG decries sale of Yaba heritage buildings

The Building Collapse Prevention Guild has decried the reckless sale of Yaba, Lagos State, and the outright sale of heritage buildings. The National Vice President of BCPG, Imeh Udoh, whose practice office is in Yaba, revealed this during a recent BCPG Yaba Cell courtesy visit to the paramount ruler of Igbobi Sabe, Yaba, HRM Oba...
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Unchanged MPR, relief for real sector – Analysts

Market watchers say the decision of the Monetary Policy Committee of the Central Bank of Nigeria to retain the benchmark rate at 27.50 per cent will provide near-term relief for the real sector. This was indicated in the post-MPC macroeconomic report of Meristem Securities released on Saturday. At the end of the 299th MPC meeting...
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Stakeholders identify sectors with opportunities for insurance

Players in the insurance sector have been urged to position themselves for the sectors with abundant opportunities in the 2025 Appropriation Bill. This call was made at the Year 2025 Business Outlook organised by the Chartered Institute of Insurance of Nigeria under the theme ‘Budget of Restoration: Insurance Industry Tool for Unlocking Sustainable Growth’ in...
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Stop preference for foreign advice, NEC tells govt

The National President of the Nigerian Economic Society, Professor Adeola Adenikinju, has blamed the state of the economy on the preference of the different levels of government to listen to counsel from foreign and international bodies other than the nation’s economic experts. Adenikinju also said that the country’s economy in the last 18 months has...
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Dangote adopts advanced technology to boost efficiency

The Dangote Group has embraced technology to enhance efficiency across its operations, reinforcing its position as Africa’s leading conglomerate. According to a statement, the Senior Advisor to the President of Dangote Group, Fatima Abdurrahman, speaking at the 46th Kaduna International Trade Fair, said the company’s digitisation drive has significantly improved its manufacturing and sales processes....
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Glo deploys infrastructure to strengthen network coverage

Nigerian telecommunications company, Globacom, has intensified its nationwide network project to ensure improved customer experience, the operator said in a statement on Sunday. According to the company, the current phase of network upgrade which began last year involves nationwide rollout of new sites and upgrade of existing ones to ensure high speed and enhanced data...
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OPS fears $200bn investment loss over FTZs tax

Members of the Organised Private Sector have warned that the country risks losing $200bn investment and 600,000 jobs as a result of the Federal Government’s plan to increase taxes on Free Trade Zones. The Chairman of the Organised Private Sector of Nigeria, Dele Oye, noted in a statement that the decision by the Presidential Committee...
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Customs vow to boost trade facilitation

The Nigeria Customs Service, Lagos Industrial Area Command, FESTAC Town, has reaffirmed its commitment to facilitating trade and also ensuring an open-door policy to both officers and stakeholders. This was contained in a statement over the weekend by the Customs Public Relations Officer in charge of the command, Juliana Tomo. The statement quoted the new...
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FG reviews 16 maritime proposals for amendment

The Nigerian Maritime Administration and Safety Agency said it is reviewing 16 proposals for amendments to the Maritime Labour Convention 2006, which is often referred to as the ‘Seafarers’ Bill of Rights. The head of public relations at NIMASA, Osagie Edward, disclosed this in a statement recently. Edward explained that the move was made public...
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TAG Energy commits to local content development

TAG Energy, a Lagos, Nigeria-based oil field services company, has reaffirmed its commitment to developing local content in the energy sector. During a chat with newsmen at the recent Sub-Saharan Africa International Petroleum Exhibition and Conference held in Lagos, the Chief Executive Officer of the firm, Yemi Gbadamosi, stated that the company remains committed to...
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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...