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Youth Employment Soars: 1,250 Jobs Created

18.06.2025
An agro-allied firm in Nigeria, the Food Industrial Park Limited, has signed a Memorandum of Understanding with Best Engineering Technologies based in Hyderabad, India, to offtake essential oils produced by the FIPL. It was gathered that the partnership would result in the production of 500 tonnes of oils from various plants and provide employment for...
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NGX Market Loses N183bn as Blue Chips Slide

18.06.2025
The Nigerian Exchange recorded a loss of N183bn at the close of trading on Tuesday, as bearish sentiments continued to weigh on key market indicators, dragging several blue-chip stocks into negative territory. Market data from the NGX revealed that the All-Share Index declined by 348.61 points, or 0.3 per cent, to close at 114,910.16, compared...
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CAC Reviews Service Fees Starting August 2025

18.06.2025
The Corporate Affairs Commission has announced a fresh review of its service fees, which will take effect from August 1, 2025. The decision, according to the commission, was taken after a thorough assessment of current economic conditions, rising operational expenses, and consultations with key stakeholders. In a public notice seen by The PUNCH on Tuesday,...
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Nigerian Banks Hold $3.5bn in Delayed Loans – Report

18.06.2025
Investment bank, Renaissance Capital Africa, has revealed that six Nigerian banks hold about $3.52bn in forbearance loans. In a new report by Renaissance Capital titled ‘Nigerian Banks: Cash is King,’ the investment firm indicated that the banks would be impacted by the Central Bank of Nigeria’s directive that lenders under the regulatory forbearance suspend dividend...
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ICAN Gets First Female Chair: Ilupeju/Gbagada District

18.06.2025
The Ilupeju/Gbagada District Society of the Institute of Chartered Accountants of Nigeria has inaugurated its first female chairman, Dr Titilayo Fowokan. In a statement on Tuesday, it was revealed that Fowokan is also the fifth chairman of the District Society. Also sworn in were the new Executive Committee members. During this ceremony, the immediate past...
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Parallex Bank Promo: 925 Winners!

18.06.2025
A total of 925 customers of Parallex Bank were rewarded with different sums of money ranging from N5,000 to N1m in the first season of Parallex Bank’s savings promo. In a statement on Tuesday, the bank said that the grand finale of the ‘Save and Win’ promo rounded off with a grand finale in Lagos....
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Lagos Innovation Bill: Boosting Startups & Universities

18.06.2025
The Lagos State Ministry of Innovation, Science and Technology has intensified efforts to institutionalise a legal framework for the state’s innovation ecosystem, unveiling a refined draft of the Lagos Innovation Bill during a high-level stakeholder engagement session held at the Marriott Hotel in Ikeja. The engagement, which took place recently, brought together a cross-section of...
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UK Varsity Partners with PTDF

18.06.2025
United Kingdom-based Loughborough University has commenced talks with the Petroleum Technology Development Fund to expand scholarship opportunities for Nigerian students, particularly in the fields of oil, gas, and renewable energy. The discussions were disclosed during a press briefing held in Abuja, where senior officials from the university highlighted their intention to establish a long-term and...
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Air Cargo Demand Soars 5.8% in April

18.06.2025
The International Air Transport Association has reported a 5.8 per cent year-on-year increase in global air cargo demand for April 2025, with international operations showing a 6.5 per cent rise. Capacity also grew by 6.3 per cent globally and 6.9 per cent on international routes, compared to the same month last year. According to the...
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ILO’s New Worker Safety Standards

18.06.2025
The International Labour Organisation has adopted its first international labour standards specifically designed to protect workers from biological hazards in the workplace. The workers’ union, in a note documented by The PUNCH on Tuesday, described it as a major step towards ensuring safer and healthier conditions across all sectors. This development follows the 113th session...
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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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