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Polaris Bank honoured at 2024 NECA awards

Polaris Bank has emerged as the sectoral winner in the Banking and Other Financial Institutions Sector category at the 2024 NECA Annual Employers’ Excellence Awards. The bank received sectoral recognition for its innovative HR practice at the fourth edition of NECA’s Excellence Awards, which was held recently in Lagos. It is the bank’s first award...
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Japan donates to Africa’s sustainable energy fund

Japan has joined the Sustainable Energy Fund for Africa as a donor, thus expanding the fund’s donor base to 11 and strengthening its capacity to support crucial energy projects. According to a statement on Wednesday, SEFA said the announcement was made at a thematic boardroom session showcasing innovative funding structures to accelerate Africa’s energy transition....
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Ready-to-wear clothing tops women, youth exports – Report

A report commissioned by the Nigeria African Continental Free Trade Area Coordination Office has revealed that women and youth traders export ready-to-wear clothing the most in trade with other African countries. The Nigeria AfCFTA Coordination Office reported data from a questionnaire administered to 302 women and youth traders and organisations across different sectors and geopolitical...
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FG intervention halts gas supply cut

Power generation rose to a high of 3,624.34 megawatts on Thursday following the restoration of the national grid by engineers of the Transmission Company of Nigeria after the grid collapsed the preceding day. It was also gathered that the Federal Government had to intervene in tackling gas supply to generation companies after suppliers of the...
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NCDMB, J’Berger execute contract for Oloibiri Museum

The Nigerian Content Development and Monitoring Board on Thursday executed the engineering, procurement, and construction contract with Julius Berger Plc for the development of the Oloibiri Museum and Research Centre. The museum is to be located at Otuabagi, Ogbia Local Government Area of Bayelsa State. A statement released by the NCDMB corporate communications department on...
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ICSAN urges govt to support MSMEs growth

The President of the Institute of Chartered Secretaries and Administrators of Nigeria, Funmilayo Ekundayo, has called on the federal government to prioritise reforms in the power sector and address macroeconomic challenges to support micro, small, and medium enterprises. Ekundayo, speaking at a press parley in Lagos on Thursday, emphasised the adverse effects of unstable electricity...
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FG to probe extinction of 100 airlines

The Federal Government has expressed readiness to investigate the reason for the extinction of about 100 airlines in the last 40 years. Vice President Kashim Shettima disclosed this on Thursday at the Ministry of Aviation and Aerospace Development Conference on the Cape Town Convention and Aircraft Protocol Implementation in Abuja. He also pledged the government’s...
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Govt to stop minerals testing abroad, unveils lab

The Federal Government has unveiled an ultra-modern mineral analysis laboratory to enable the country to halt the testing of minerals abroad. The Minister of Solid Minerals Development, Dr Dele Alake, who inaugurated the laboratory, described the ministry’s partner – African Natural Resources and Mines Limited, as a valuable firm in the Federal Government’s efforts to...
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Oil production hits 1.7mbpd – FG

The Federal Government has declared that Nigeria’s oil production, including condensates, increased by 9.9 per cent to 1.69 million barrels per day in November 2024, up from 1.538mbpd recorded in October 2024. According to the latest data released by the Nigerian Upstream Petroleum Regulatory Commission, an agency of the Federal Government, liquid crude oil production...
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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...