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Burst aircraft tyre: FG suspends Max Air, examines other airlines

30.01.2025
The Federal Government, through the Nigeria Civil Aviation Authority, has announced the suspension of operations by Max Air following Tuesday night’s incident involving the airline’s aircraft in Kano. It also announced on Wednesday that it had commenced organisational risk profiles for each scheduled airline, including Max Air, adding that the exercise was nearing conclusion. The...
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Active bank accounts hit 311.65m in December – NIBSS

30.01.2025
Latest data from the Nigeria Inter-Bank Settlement System has revealed that the volume of active accounts in the Nigerian banking system rose to 311.65 million as of December 2024. This marks a 48.89 per cent appreciation in the 12 months from January 2024, when the figure stood at 209,311,667, to December, when it hit 311,649,173....
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Nigerdock records 17m man-hours without loss time injury

30.01.2025
Nigerdock said it had achieved a significant safety landmark of 17 million man-hours without lost time injury across its operations. The company announced this in a statement on Tuesday obtained by The PUNCH. Nigerdock, in the statement, added that the noteworthy achievement is indicative of the company’s implementation of global safety standards and sustainable business...
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NUPRC boss bags CEO award

30.01.2025
The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission, Gbenga Komolafe, was named the Chief Executive Officer of the Year at ThisDay’s 30th Commemoration Awards. Komolafe received the CEO award at an event held in Lagos between Monday and Tuesday. Speaking after receiving the award, Komolafe said it would spur him to be more...
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NCR reports N2.2bn loss

30.01.2025
NCR Nigeria Plc has reported a loss of N2.2bn for the financial year ending 31 December 2024, marking a decline from the N738.9m loss recorded in 2023. The company’s overall performance in 2024 was adversely impacted by a decrease in revenue and an increase in the cost of sales. In the company’s financial statement on...
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Terminal operator awards scholarship to 45 undergraduates

30.01.2025
APM Terminals Apapa has awarded scholarships to 45 undergraduate students from its host community in Apapa. The terminal operator in a statement on Wednesday added that the move was part of its corporate social responsibility and its unwavering commitment to education and youth development. APMT explained that the beneficiaries, undergraduates from public universities across the...
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NNPC, BUA to build mini gas plants in Kogi

30.01.2025
The Nigerian National Petroleum Company Limited will today inaugurate the construction of five mini-liquefied natural gas plants in Kogi State. This was as the NNPC Gas Marketing Ltd and BUA Group signed a shareholders’ agreement for the development of a 45 million standard cubic feet mini-LNG plant in Ajaokuta. The five mini-LNG plants are Prime...
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Unilever posts N4.9bn profit

30.01.2025
Unilever Nigeria Plc has announced a decline in its quarterly profit for the fourth quarter of 2024, reporting a profit of N4.9bn, a 29 per cent drop from N6.87bn recorded in the same period in 2023. In its financial statement filed on the Nigeria Exchange Limited on Wednesday, the company’s revenue for the quarter ended...
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Customs target one hour clearance for vehicles

30.01.2025
The Nigeria Customs Service Port Terminal Multiservices Limited Command said it is determined to achieve one-hour clearance of roll-on-roll-off cargo to beat its existing two-hour record. The Customs Area Controller of the PTML, Tenny Daniyan, stated this on Tuesday, during the command’s celebration of the International Customs Day in Lagos. Roll-on-roll-off cargoes are wheeled cargoes,...
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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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