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Stakeholders advocate satellite technology to tackle marine pollution

Stakeholders have underscored the need for satellite technology to address marine pollution, detect oil spills, protect marine biodiversity, and ensure sustainable shipping across Africa. They also stressed the need for a robust local, national, and regional framework to monitor and mitigate oil pollution and other marine wastes, adding that preserving Africa’s maritime ecosystems requires collaboration,...
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Fidelity Bank plans N159m empowerment programme

Fidelity Bank has announced the launch of the sixth edition of its flagship savings campaign, the Get Alert in Millions promo, aimed at empowering Nigerians with over N159m in cash prizes. Speaking at a press conference in Lagos on Wednesday, the Promo Committee Chairman, Ken Opara, stated that the initiative aligns with the bank’s commitment...
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Nigeria handles less cargo than neighbours – NPA

The Nigerian Ports Authority has lamented that despite Nigeria’s population exceeding 200 million, the country handles less than two million twenty-foot equivalent units of cargo yearly, trailing behind neighbouring countries with populations under 15 million. It expressed concern over Nigeria’s underperformance in maritime trade compared to neighbouring countries with smaller populations yet handling significantly larger...
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Improve record-keeping on claims, shareholders urge SEC

The Securities and Exchange Commission has been urged to improve the record-keeping process for shareholders in order to ease the claims of dividends. This comes as the SEC continues to address the issue of unclaimed dividends, which currently stand at N215bn. Speaking in an interview with our correspondent on Tuesday, the National Coordinator of the...
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InfoWARE powers NGX top trade

InfoWARE, a technology solutions provider, has emerged as an enabler of trading activities on the Nigerian Exchange, powering 56 per cent of transactions executed by the NGX top 10 stockbrokers over the past five years. In a statement on Tuesday, Stanbic IBTC led the trades on InfoWARE’s platform with N1.42tn, representing 37.48 per cent of...
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Stock market posts N167bn gain

The Nigerian equity market recorded N167bn gain on Wednesday buoyed by AustinLaz & Company, Tantalizers, Wapco, and other gainers. The All-Share Index and market capitalisation rose by 0.26 per cent, to close at 98,227.50 points N59.5tn respectively. This brought the market’s year-to-date gain to 31.37 per cent, despite a 0.72 per cent loss over the...
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NLNG trains youths to boost local capacity

Nigeria LNG has begun its Nigerian Content Human Capacity Development basic training programme for the NLNG Train 7 Project. Held in Port Harcourt, Rivers State, the programme aimed at reskilling young graduates and developing human capital. In a statement, the NLNG said, “A total of 331 young graduates from diverse academic disciplines, who emerged successful...
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Haldane McCall lists 3.12bn shares on NGX

Real estate and hospitality group, Haldane McCall Plc has listed 3.12 billion ordinary shares of 50 kobo each at N3.84 per share on the Nigerian Exchange Limited. The Chairman of Nigerian Exchange Group, Umaru Kwairanga said the listing by introduction signifies Haldane McCall’s entry into the capital market to enhance transparency and access long-term capital...
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NCDMB plans to raise crude production

The Nigerian Content Development and Monitoring Board says it is fast-tracking the approval of five oil and gas projects. The Executive Secretary of NCDMB, Felix Ogbe, stated that the board had applied the presidential directives in approving the five oil and gas projects currently in the funnel. Ogbe, speaking at the recent African Energy Week...
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NDDC partners Chevron on Warri-Escravos road construction

The Niger Delta Development Commission has announced its partnership with Chevron Nigeria Limited on the construction of the 70.75km Omadino-Okerenkoko-Escravos Road and bridges in the Warri North Local Government Area of Delta State. The NDDC Managing Director, Dr Samuel Ogbuku, spoke on the project when he led a delegation of the commission’s executive management and...
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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...