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Shobanjo honoured for role in advertising

Veteran advertising and marketing leader and the chairman of Troyka Holdings, Biodun Shobanjo, has become the first recipient of the BB Apprenticeship Award by the Bolaji Junaid Mentorship Programme, recognising his significant contributions to mentorship and industry growth in Nigeria. At the third edition of BJuMP’s Mentors Meet Mentees Mixer held recently in Lagos, the...
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Stop accounts in commercial banks, FG orders state MDAs

The Federal Government has directed Ministries, Departments, and Agencies operating in states to stop running accounts with commercial banks in line with the Treasury Single Account policy. This was according to a press statement on Thursday by the Director of Press and Public Relations at the Office of the Accountant-General of the Federation, Bawa Mokwa....
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Windek Energy signs $100m LPG storage facility deal

Windek Energy Limited says it has secured a $100m contractor financing agreement with Cakasa Nigeria Limited for the construction of a 20,000 metric tonne Liquefied Petroleum Gas storage facility at the Liberty Oil and Gas Free Zone, Atabrikang, Akwa Ibom State. It announced this in a statement on Thursday. The statement noted that the project...
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Dangote invests $700m in sugar production

The President of Dangote Group, Aliko Dangote, has reaffirmed the conglomerate’s commitment to ending raw sugar importation in Nigeria with an investment exceeding $700m in sugar production. Dangote, who spoke on Wednesday during the ‘Dangote Special Day’ at the ongoing 14th Gateway International Trade Fair in Abeokuta, Ogun State, said the group is accelerating its...
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NADDC to regulate car importation, dealers

The Director-General of the Nigeria Automotive Design and Development Council, Joseph Osanipin, has announced the Federal Government’s move to regulate car importation and dealers nationwide. He said this would prevent the influx of accident-prone and condemned vehicles, mostly through the country’s smuggling routes. Osanipin made this known during a stakeholder engagement with members and executives...
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Airline operators decry multiple taxation in aviation sector

The Founder of United Nigeria Airlines and spokesperson of the Airline Operators of Nigeria, Prof Obiora Okonkwo, has lamented the multiple charges by government agencies in the country’s aviation sector, describing the burden on domestic operators as a nightmare. He called on the Federal Government to urgently wade into the matter to save domestic airline...
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BOI, FSD Africa sign pact on green finance

The Bank of Industry has signed a Memorandum of Understanding with the development agency Financial Sector Deepening Africa to strengthen green financing in Nigeria. According to a statement, the Managing Director of BOI, Dr Olasupo Olusi, stated in the signing ceremony held at the BOI headquarters in Lagos that the partnership was a crucial step...
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FRSC partners firms to tackle road crashes

International Breweries Plc, in partnership with the AB InBev Foundation, has donated 1,000 reflective jackets and installed 35 cautionary road signs across major highways to reduce road crashes in the country. According to a statement, IBPLC and AB InBev Foundation carried out the initiative in collaboration with the Federal Road Safety Corps to enhance road...
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OAAN seeks professional body to improve out-of-home advertising

The Out-of-Home Advertising Association of Nigeria has stated that it seeks a professional body to improve excellence and develop human capital, not to replace government regulatory functions. In a telephone interview, OAAN President Sola Akinsiku told The PUNCH that members, out-of-home media owners, are sponsoring a bill at the National Assembly to gain professional status...
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Wemabod partners firms to develop Lagos projects

Wemabod Limited, a real estate developer and a subsidiary of Odu’a Investment Company Limited, is collaborating with two companies in furtherance of its determination to provide Nigerians access to world-class amenities. According a statement, the partnership would see Wemabod Limited, El Salem Nigeria Limited, and Trans Fortress Global Resources develop two projects in Lagos: a...
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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...