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Julius Berger to honour 795 workers

Julius Berger Nigeria Plc is set to honour 795 staff members with Long Service Awards in December. The 2024 edition of the annual event which holds December 6-7, 2024 will see staff who have served the company for between 10 and 35 years appreciated with varying degrees of Awards across its projects sites nationwide. In...
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Aerofield Homes seeks collaboration to develop education sector

The Chief Executive Officer of Aerofield Homes Limited and the newly elected National President of Christ Apostolic Grammar School Old Students Association, Iperu Remo, Mr Armstrong Akintunde, has called for collaborative efforts to further develop the education sector in Nigeria. Akintunde said though the government is trying to enhance the delivery of qualitative education in...
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Nigeria’s infrastructure deficiencies will hinder AfCFTA gains – Analysts

Logistics experts have stated that infrastructure deficiencies may hinder Nigeria from benefitting from the full potential inherent in the $3.4tn African Continental Free Trade Agreement. These experts spoke in Lagos at the 2024 Maritime Reporters Association of Nigeria Annual Lecture themed, ‘AfCFTA’: Dismantling barriers, navigating regional trade’ . Speaking during the event, the President of...
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Kanji, Jebba power plants lose N30bn

Kainji and Jebba power plants recorded about N30.5bn as losses caused by grid failures between 2022 and 2024. The amount incurred as external losses was occasioned by the incessant collapse of the national grid. Recall that the national grid experienced its latest disturbance last Thursday, making it the 11th collapse in 2024, affecting both business...
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Lagos, Abuja airports get full NCAA certification

The Nigeria Civil Aviation Authority has fully certified Murtala Muhammed International Airport, Lagos and Nnamdi Azikiwe International Airport in Abuja. The aviation regulators made this known through a statement posted on its verified X handle on Friday. During the presentation of the certificate in Abuja, the PUNCH gathered that the Managing Director of the Federal...
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LCCI advises FG on options to fund budget amid borrowing concerns

The Lagos Chamber of Commerce and Industry has expressed concerns over the Federal Government’s plan to borrow $2.2 billion, warning of potential debt sustainability issues and impacts on infrastructure. The chamber, in a statement on Friday in Lagos, said that there was need for diversifying funding sources beyond debt financing. Its Director-General, Dr Chinyere Almona,...
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BOI secures €2bn to support development projects, others

The Bank of Industry has successfully raised a substantial new funding package worth €2bn through global loan syndication, to improve its financial capacity and support a wide range of development initiatives. The initiatives include infrastructure projects, small and medium-sized enterprise growth, and industrial diversification in key economic sectors. The BOI Managing Director, Olasupo Olusi, disclosed...
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Winners get N77m in Zenith Bank tech fair

The 10 contestants in the hackathon session at the fourth edition of the Zenith Tech Fair have received N77.5m in prize money. The winners emerged at the tech fair themed ‘Future Forward 4.0: Embedded Finance, Cybersecurity & Growth Imperatives – The Impact of AI,’ held on Thursday in Lagos.  The prize money was shared among...
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21 states enrol for AfDB N850bn agric scheme

The African Development Bank has onboarded 21 states for the second phase of its Special Agro-Industrial Processing Zones Programme. The Imo State Governor, Hope Uzodinma, revealed this to State House Correspondents after the 146th meeting of the National Economic Council at the Aso Rock Villa, Abuja. Uzodimma said that with projects of the programme’s pilot...
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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...