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Huawei unveils local cloud service in Nigeria

12.12.2024
Huawei has launched Nigeria’s first local cloud service, becoming the first international cloud vendor to offer such services in the country, according to a statement released on Wednesday. The service, which utilises Tier 3+ data centres, reportedly delivers the fastest cloud services in Nigeria with a latency of just 15 milliseconds. These centres provide data...
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LEDCo to deploy 20,000 solar lights in Lagos

12.12.2024
LEDCo Limited has announced its partnership with the Lagos State Government for the implementation of a solar street lighting project. The new project will see the deployment of 20,000 units of LEDCo’s NightSUN, an all-in-one solar light, across Lagos State. In a statement on Wednesday, the company said, “Each NightSUN unit integrates advanced technology, including...
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Pension funds to increase infrastructure financing – PenOp

12.12.2024
The Pension Fund Operators Association of Nigeria has said that the players in the sector would be looking to increase their participation in infrastructure financing in the country. This was disclosed by the Chief Executive Officer of PenOP, Oguche Agudah, in a chat with The PUNCH on Wednesday. PFAs have reportedly invested N103.86bn in infrastructure bonds...
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Institute tasks surveyors on enhanced standards

12.12.2024
The Nigerian Institute of Quantity Surveyors has urged its members to leverage the newly unveiled Resource Centre to enhance their professional standards. The body’s president, Kene Nwekwe, made the call during the formal unveiling of the NIQS Resource Centre in Abuja on Wednesday. “It is a turning point in our drive to ensure the financial...
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Aradel acquires 5.14% equity in Chappal Energies

12.12.2024
Aradel Holdings Plc has entered into an agreement to acquire a 5.14 per cent equity interest in Chappal Energies Mauritius Limited,  an energy company focusing on investments in deep value and brownfield upstream opportunities within Africa. In a statement by the company’s Secretary and Group General Counsel, Titilola Omisore, the Managing Director/Chief Executive Officer, Adegbite...
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Telecoms crisis: Union seeks Tinubu’s intervention

12.12.2024
Nigeria’s   telecommunications industry is facing an imminent crisis, with the Private Telecommunications and Communications Senior Staff Association of Nigeria sounding a stark warning that the sector is on the verge of collapse. In a letter addressed to President Bola Tinubu, the union urgently appealed for immediate government intervention to avert a looming disaster. The letter,...
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Bank workers blame CBN as cash shortage worsens

12.12.2024
The Association of Senior Staff of Banks, Insurance, and Financial Institutions has attributed the worsening cash shortage across the country to the Central Bank of Nigeria’s inability to meet the cash demands of commercial banks. Speaking with The PUNCH, ASSBIFI President, Olusoji Oluwole, highlighted the dire impact of the scarcity, particularly as the festive season...
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NCAA faults Ogun’s claim of approval

12.12.2024
The Nigerian Civil Aviation Authority and the Ogun State Government have declared divergent views on the approval of the Gateway International Agro-Cargo Airport, located along the Ilisan-Iperu axis of Ogun State. While the state government claimed that the airport had been certified fit for commercial operations by aviation regulatory agencies, the NCAA refuted the claim....
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Students commend waterways safety strategies

12.12.2024
The National Association of Polytechnic Students has commended the Minister of Marine and Blue Economy, Adegboyega Oyetola, and the Managing Director of the National Inland Waterways Authority, Bola Oyebamiji, for adopting measures to ensure safety on our waterways. The national secretary-general of the association, Agada Noah, disclosed this during a recent press conference in Lokoja,...
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MOWCA to implement regional maritime funding in January

12.12.2024
The Maritime Organisation of West and Central Africa has announced plans to fully implement the uniform application of the Regional Maritime Fund policy in 25 countries in January 2026. This move follows a directive by member states and experts during a recent three-day workshop in the Republic of Congo. The workshop culminated in a call...
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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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