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Researcher unveils AI-powered ESG model to boost investments

20.02.2025
Nigerian-born Chartered Accountant and Artificial Intelligence sustainability specialist Feyisayo Michael has developed an AI-powered carbon accounting model aimed at enhancing corporate transparency and Environment, Sustainability, and Governance compliance. Michael, an award-winning researcher, said in a statement on Wednesday that the AI-integrated model could help companies attract sustainable investments by addressing longstanding challenges in carbon footprint...
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150 countries discuss global cargo future in Kenya

20.02.2025
At least 4,000 aviation experts from 150 countries have converged in Nairobi, the capital of Kenya, to discuss the trends, projections, and future of air cargo in the aviation industry globally. The event, which had its first edition in 2011, also aims to collectively resolve industry-related issues globally and boost the fortunes of the cargo...
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13 firms’ tax liabilities surge to N210.52bn

20.02.2025
Thirteen Nigerian companies recorded a significant increase in their current tax liabilities, which surged by 50.54 per cent to N210.52bn in 2024 from N139.85bn in 2023. The rise in tax obligations reflects the impact of economic conditions and corporate earnings on tax expenses. The companies with increased current tax liabilities are VFD Group, BUA Foods,...
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Airtel posts $344m revenue loss on data sales

20.02.2025
Airtel Nigeria’s data revenue fell to $344m for the nine months ending December 31, 2024, marking a decline from $539m recorded in the corresponding period of the previous year. Despite a 37.2 per cent surge in data usage per customer—rising to 8.4 gigabytes per month from 6.2GB—the telco struggled to convert the increased demand into...
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CSCS revamps data exchange platform for registrars

20.02.2025
The Central Securities Clearing System Plc has announced the launch of its upgraded web-based application designed to enhance operational efficiency and user experience for registrars in the Nigerian capital market. In a statement on Tuesday, CSCS, which serves as the Central Securities Depository for the Nigerian Capital Market, said that its flagship platform, RegConnect Version...
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Energy theft to attract N300,000 fine – FG

20.02.2025
Electricity consumers will pay a fine of up to N300,000 if they bypass their prepaid meters, the Nigerian Electricity Regulatory Commission has said. This was contained in an amended Order on Unauthorised Access, Meter Tampering and By-Pass released on Tuesday. The fines range between N100,000 and N300,000, depending on the category the customer belongs to....
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Inflation drop: Experts demand lower interest rate

20.02.2025
Financial and economic analysts expect the Monetary Policy Committee of the Central Bank of Nigeria to reduce the benchmark interest rates following the drop in the inflation rate released by the National Bureau of Statistics on Tuesday. The experts also called for a rejig of the country’s economic policies to meet the masses’ yearnings, stressing...
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Don urges Ondo to develop maritime industry

20.02.2025
The Dean of the Faculty at City University Cambodia, Captain Alfred Oniye, has urged the Ondo State Government to adopt a strategic approach for the development of its maritime industry. Oniye noted that the move would drive economic growth, create jobs, enhance trade, and position the state as a leading maritime hub in Nigeria and...
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Falcon recommits to safety standards in gas projects

20.02.2025
Falcon Corporation Limited, an indigenous gas value chain company, has recommitted to upholding safety standards, having accomplished one million man-hours without a lost time injury on the ongoing 15,000 metric tonne liquefied petroleum gas storage facility project in Port Harcourt, Rivers State. A statement by the Managing Director/Founder of the firm, Prof. Joe Ezigbo, said...
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NGA to showcase Nigeria’s energy A in China

20.02.2025
The Nigerian Gas Association has announced its designation as an Association Partner for the World Gas Conference 2025, which will be held in Beijing, China. NGA said it will host a dedicated Nigerian Pavilion to showcase to a global audience Nigeria’s gas story and the abundance of opportunities within the industry. The conference, one of...
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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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