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Joint border patrol intercepts riffles, cartridges worth N36bn

09.12.2024
The Joint Border Patrol Team Sector 2, South-West, Lagos has intercepted six pieces of pump action rifles, 1,125 live cartridges, and other contrabands worth N36 billion between 2019 till date. The coordinator of the team, Mohammed Shuaibu, a Deputy Controller of Customs, disclosed this while addressing journalists in Ikeja, Lagos on Friday. “The team intercepted...
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Local rice price rose by 137% – NBS

09.12.2024
Local rice prices in Nigeria surged 137.32 per cent in October 2024 compared to the same period last year, making it one of the country’s 10 most expensive staple foods. The sharp rise was noted in the National Bureau of Statistics’ Selected Food Prices report for October 2024, which provided an in-depth overview of food...
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PalmPay, NFIU partner to tackle financial fraud

09.12.2024
PalmPay, a Nigerian fintech company, will be collaborating with the Nigerian Financial Intelligence Unit and other government agencies to tackle financial fraud and strengthen the country’s digital financial ecosystem through technology. According to the fintech in a statement on Friday, the pledge was made during a courtesy visit by PalmPay’s Managing Director, Chika Nwosu, and...
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Nedcomoaks pledges support for housing development

09.12.2024
The Group Managing Director of Nedcomoaks, Dr Kennedy Okonkwo, has restated the firm’s commitment to supporting the growth of the country’s housing sector. He stated this on Thursday during the celebration of Nedcomooaks’s 20th anniversary in Lagos. Okonkwo reflected on his journey from constructing a single bungalow in Oniru, Lagos, to delivering thousands of homes...
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Dangote Cement trains solar energy entrepreneurs

08.12.2024
Further consolidating on its role as a driver of socio-economic empowerment and sustainable development in Nigeria, Dangote Cement Plc has trained and graduated 46 solar energy installers and entrepreneurs. The Plant Director of Dangote Cement Plc, Obajana, Azad Nawabuddin, said in a statement from the firm that the new graduates were ready to “shake up...
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Champion Breweries to issue N20bn bonds

08.12.2024
Champion Breweries Plc has received shareholder approval to raise N20bn in funding via bond issuances, to enable it to expand its operations. The firm disclosed in a statement on Thursday that the resolutions were passed at the company’s recently concluded extraordinary general meeting. The approved funding includes the issuance of up to 1,579,058,099 ordinary shares...
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Customs plan auction after two-week ultimatum

07.12.2024
The Nigeria Customs Service on Thursday gave a two-week ultimatum to owners of some overtime containers and vehicles to clear them or else the cargoes would be auctioned. The service in an advertorial with The PUNCH stated that it would commence the process of auctioning the overtime cargoes at the expiration of the two-week grace...
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ICAN president charges new inductees on integrity

07.12.2024
The 60th President of the Institute of Chartered Accountants of Nigeria, Davidson Alaribe, has charged the newly inducted members of the institute to maintain integrity and professionalism. Alaribe made the call on Wednesday during the 74th Induction Ceremony for 1785 new members at the ICAN Centre in Lagos. He said, “As you embark on your...
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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
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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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