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Agents seek two-year validity for brokerage licence

The Africa Association of Professional Freight Forwarders and Logistics of Nigeria has recommended a two-year validity period for broking licences issued by Nigeria Customs Service. The National President of APFFLON, Frank Ogunojemite, disclosed this in a statement on Wednesday. He also congratulated the NCS on its first issuance of the Pre-Arrival Assessment Report under the...
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Presco posts over 100% revenue

Leading agro-industrial giant Presco Plc has announced a remarkable financial performance for the year ended December 31, 2024, posting over 100% growth in both revenue and profit. According to the company’s audited financial statements filed with the Nigerian Exchange Limited, revenue rose by 102.6 per cent to N207.50bn compared to N102.42bn in 2023. The financial...
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Dredgers deny damaging Eko Bridge

The Dredgers Association of Nigeria has told the Minister of Works, Dave Umahi, that the industrial dredging activities carried out by their members are not the cause of the damage observed at the Eko Bridge. DAN also urged the minister to distinguish between reclamation activities and industrial dredging in order not to confuse Nigerians over...
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NISO board vital to electricity boost – BPE DG

The Director-General of the Bureau of Public Enterprises, Ayodeji Ariyo Gbeleyi, has said the newly inaugurated Nigerian Independent System Operator will play an important role towards delivering a reliable and sustainable electricity sector that Nigerians rightfully deserve by assuming responsibility for grid management, system stability, power dispatch, and market operations. The DG spoke during the...
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RMRDC, BOI partner to end N500bn onion losses

The Raw Materials Research and Development Council and the Bank of Industry have partnered to tackle the N500bn lost annually to post-harvest loss in the onion industry. Director-General of the RMRDC, Prof. Nnayelugo Ike-Muonso, disclosed this during a courtesy visit to the Managing Director, BOI, Dr. Olasupo Olusi, in Lagos. In a statement, Ike-Muonso said...
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Group premieres documentary on African legacy

Chief Executive Officer of Accelerate Media Group Colette Otusheso, has premiered a six-part documentary, The Decolonisation of Africa, which she described as “a declaration” aimed at elevating African voices and history through authentic storytelling. The premiere, held at The Metropolitan Club in Lagos, attracted top dignitaries, including former President Olusegun Obasanjo, former Commonwealth Secretary-General Emeka...
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Stakeholders, port agencies partner to cut N2.5tn losses

The Nigerian Shippers’ Council and the Nigerian Ports Authority have called for stronger public-private collaboration to tackle chronic inefficiencies at the nation’s ports. This is as Nigeria seeks to unlock the estimated $3.4 tn market potential under the African Continental Free Trade Area. The Executive Secretary of the NSC, Dr Akutah Ukeyima, represented by the...
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Firm unveils new gaming platform

A bookmaker, Ogabet, has rebranded its sports betting platform, unveiling new features, bonuses and games. In a statement, the firm stated its rebranding is aimed at delivering what it describes as “the ultimate betting experience” for Nigerian punters. The firm revealed the revamped platform comes with incentives, including a 600 per cent welcome bonus, a...
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NRC suspends Warri-Itakpe service

The management of the Nigeria Railway Corporation has suspended train services to Warri-Itakpe for 72 hours effective. Thursday over a technical fault in the train’s engine. This was made known through a statement signed by the acting spokesperson of the corporation, Henrietta Eregare, and made available to our correspondent on Thursday. It will be recalled...
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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...