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Govt to revive textile industry, tackle smuggling – Enoh

14.02.2025
The Federal Government has pledged to address the challenges facing the country’s textile industry, assuring manufacturers of policies that will create a level playing field for local producers. The Minister of State for Industry, Senator John Enoh, committed to this effort on Wednesday during a visit to Sunflag Nigeria Limited, a textile manufacturing company in...
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FG may ban trucks as tanker fire claims 493

14.02.2025
The Federal Government, through the Nigerian Midstream and Downstream Petroleum Regulatory Authority, has said that it may impose a ban on trucks with 60,000-litre capacity, preventing them from operating on federal highways. This follows the increasing number of deaths resulting from petrol tanker accidents, which has led to the death of 493 persons in three...
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Customs deliver 3,897 arms, ammunition to control centre

14.02.2025
The Nigeria Customs Service has handed over 3,897 arms and ammunition to the National Centre for the Control of Small Arms and Light Weapons. Speaking during the handing over ceremony at the Federal Operations Unit Zone A Ikeja on Thursday, the Comptroller-General of Customs, Adewale Adeniyi, said that 1,599 arms and 2,298 ammunition would be...
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Heirs Energies wins independent company award

14.02.2025
Heirs Energies, Africa’s leading indigenous integrated energy company, has been awarded the ’Independent Company of the Year’ at the just-concluded Sub-Saharan Africa International Petroleum Exhibition and Conference. This recognition highlights Heirs Energies’ commitment to operational excellence, innovation, and production growth, reinforcing its position as a leader in Africa’s energy sector. The company said the award...
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MTN scraps 15GB bundle after subscriber outcry

14.02.2025
The country’s biggest telecom operator, MTN Nigeria, has decided to discontinue its 15GB data bundle, following significant backlash from subscribers over a staggering 200 per cent price increase. The telco had initially raised the cost of the plan from N2,000 to N6,000, triggering widespread outrage among its user base. Originally introduced as a promotional offer,...
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Equity market gains N842bn, highest in February

14.02.2025
Dangote Cement and Sunu Assurances Nigeria led the gainers’ chart at the end of Thursday’s trading session on the Nigerian Exchange. Dangote Cement emerged as the top gainer, appreciating by 10 per cent to close at N474.10 per share. The surge in Dangote Cement’s share price significantly contributed to the overall market’s positive performance, driven...
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Optimera plans $30m gas plant in Lagos free zone

14.02.2025
Optimera Energy LFZ Enterprise says it is set to deliver the $30m Lagos free zone natural gas distribution facility by the second quarter of 2025. Incorporated in 2022, Optimera Energy, an indigenous consortium comprising Falcon Corporation Limited, FHN Gas Limited, and ND Western Midstream Limited, executed a 20-year Gas Infrastructure Development Agreement with the Lagos...
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Produce SIM cards locally to save FX, CBN tells telcos

14.02.2025
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has called for deeper backward integration in the telecommunications sector, urging industry players to localise key supply chains and reduce dependence on foreign exchange. This was disclosed in a statement issued by the apex bank on Thursday. According to the statement, Cardoso stressed that telecom...
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Ecovis unveils committee to navigate regulatory changes

14.02.2025
An accounting firm, Ecovis OUC, has established a technical committee to assist clients in navigating the complex and ever-changing regulatory and business environment. Managing Partner of Ecovis OUC, Andrew Uviase, in his remarks at the inauguration of the committee, said the firm’s duty as an organisation of professional accountants is influenced by regulations, standards, and...
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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
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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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