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Rewane, Adedipe optimistic about tax reform bills

09.01.2025
Economists, Bismarck Rewane and Biodun Adedipe have expressed optimism about the tax reform bills currently before the National Assembly. They shared their thoughts on the tax reform bills at the FirstBank Nigeria Economic Outlook 2025 which was held in Lagos on Wednesday under the theme, ‘Nigeria 2025: Path to Economic Rebound & Recovery.’ In October,...
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OPEC oil production dipped in December – Report

09.01.2025
The Organisation of the Petroleum Exporting Countries’ crude production dipped in December as the United Arab Emirates stepped up implementation of supply cutbacks aimed at buoying global oil markets. According to a report by Bloomberg, OPEC oil output fell by 120,000 barrels to 27.05 million barrels per day, with the UAE accounting for most of...
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African entrepreneurs urged to embrace green solutions

09.01.2025
Logistics experts have said that African female entrepreneurs must go green if they want to remain relevant in business, given prevalent African economic outlook, shaped by global market dynamics and international markets, as well as key regulatory changes in the import/export landscape and global future market access. According to a statement over the weekend, the...
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NNPCL offers free cataract surgeries for 1,000 people

09.01.2025
The Managing Director of Nigerian National Petroleum Company Foundation, Mrs Emmanuella Arukwe, on Wednesday, said the foundation remains committed to promoting accessible and affordable healthcare for Nigerians. Arukwe, represented by Deputy Manager, Special Projects, NNPC Foundation, Teniola Abu, disclosed this at the kick-off of the foundation’s South-West free cataract screening and surgeries for 1,000 people...
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Skill shortage marred maritime sector in 2024 – Group

09.01.2025
The Sea Empowerment Research Centre RGT has identified the shortage of skilled workforce and poor investment as part of the challenges the nation’s maritime sector faced in 2024. The group stated this in its New Year Bulletin titled, ‘A critical review of the Nigeria maritime industry (performances and issues) in 2024,’ obtained by The PUNCH...
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Grimaldi commences first direct shipping service from China

09.01.2025
Grimaldi Group has commenced its first direct shipping service connecting Shanghai, China, to Lagos, Nigeria. The shipping firm said the move would eliminate the need for transshipments and set a new benchmark for speed and efficiency in maritime logistics. In a statement on Tuesday, the Managing Director of Grimaldi Agency Nigeria and PTML Terminal, Mr....
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Investments to tackle plastic pollution hits $190bn – Report

09.01.2025
Global investments in tackling plastic pollution reached $190bn between 2018 and 2023, according to the World Economic Forum. While this financial commitment underscores growing efforts to address one of the world’s most pressing environmental challenges, critical gaps remain—particularly in emerging markets and in preventive and digital solutions. The WEF disclosed this in its report on...
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Eight states vote N424bn for debt servicing

09.01.2025
Eight states are to pay a combined N424.28bn in debt service and to borrow N1.21tn over the next two years, with financial commitments slated for 2025 and 2026, The PUNCH reports. According to the states’ medium-term fiscal frameworks, the eight states in review – Abia, Adamawa, Bauchi, Borno, Kebbi, Osun, Benue, and Kano – are...
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PwC projects improved AI adoption in 2025

09.01.2025
PwC has said that the adoption of artificial intelligence in 2025 will become accelerated as businesses realise its ability to future-proof their operations. This was disclosed in its 2025 AI Business Predictions published on Wednesday. According to the prediction, PwC said a company’s AI success will be as much about vision as adoption. “That means...
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Oando gets new board chairman as Alake resigns

09.01.2025
Oando PLC has announced the appointment of Mr. Ademola Akinrele, a Senior Advocate of Nigeria, as the Chairman of the Board, effective immediately following the conclusion of its Annual General Meeting on December 17, 2024. The appointment followed the resignation of the Alake of Egbaland, Oba Adedotun Gbadebo. According to a statement, the monarch had...
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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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