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UBA heralds festive season, lights up Lagos Marina garden

United Bank for Africa has ushered in the Yuletide with its annual Garden Light-Up ceremony. A statement from UBA on Tuesday revealed that the ceremony was done through its corporate social responsibility arm, the UBA Foundation. The Garden Light-Up represents UBA and its Foundation’s commitment to spreading cheer and fostering a sense of community during...
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Court cases halt grounding of 60 private jets

Various court processes have stalled the grounding of about 60 private jets that operate in Nigeria without the payment of duties running into several billions of naira, it was gathered on Tuesday. On October 14, 2024, The PUNCH reported that the Federal Government, through the Nigerian Customs Service, would ground over 60 private jets owned...
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Senate passes MTEF, probes NNPCL over N8.4tn subsidy funds

As President Bola Tinubu prepares to present the 2025 budget to the National Assembly this week, the Senate, on Tuesday, gave its approval to the 2025–2027 Medium Term Expenditure Framework and Fiscal Strategy Paper submitted earlier by the President. This decision was based on the adoption of a report presented during plenary by the Senate’s...
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Covenant university wins 2024 CGMA business leaders challenge

Covenant University has emerged as the overall winner of the 2024 Chartered Global Management Accountants Business Leaders Challenge. The grand finale, which was held recently at the Bankers House in Lagos, featured five finalist teams from Nigerian universities. Team Analyst from Covenant University triumphed over competitors, including Team Lot from Nile University, which secured second...
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Stellar Initiative to empower 5,000

The Stellar Initiative, a non-governmental organisation, has unveiled plans for the Boycode Conference 2025, an event designed to transform the lives of 5,000 boys in Nigeria. Speaking at a press briefing, the Boycode Conference 2025, with the theme: “Raising Giants: Empowering the Next Generation of Male Leaders”, is scheduled for May 2025, in Lagos. According...
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CIPM president joins AHRC board

The President and Chairman of the Governing Council of the Chartered Institute of Personnel Management of Nigeria, Mallam Ahmed Gobir, has been appointed to the Board of the African Human Resources Confederation. A statement from CIPM noted that the appointment recognised Gobir’s exceptional leadership in advancing human resources management in Nigeria and across Africa. “Under...
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TCN restores power to Ahoada-Yenagoa 132kV line

The Transmission Company of Nigeria has announced the restoration of bulk power supply through the Ahoada-Yenagoa 132kV transmission line, three months after it was destroyed by vandals. This follows the successful reconstruction of collapsed towers and the restringing of vandalized conductors by TCN contractors. A statement signed by the TCN General Manager, Ndidi Mbah, on...
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Economists challenge N1400/$ benchmark in 2025 budget

As the naira struggles to gain stability amid projections of depreciation, the Federal Government in the recently released Medium Term Expenditure Framework pegged the local currency at N1400 to a dollar, an assumption dismissed by analysts as mere optimism, OLUWAKEMI ABIMBOLA reports. Economists and financial market analysts have dismissed the Medium Term Expenditure Framework which...
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Cooking gas dealers urge customers to monitor refills

The Liquefied Petroleum Gas Retailers Association of Nigeria has called on consumers to actively monitor their gas refills and described allegations of underfilling as unfounded. The association was responding to a report published in November which alleged widespread underfilling by LPG retailers. In a statement signed by the NUPENG Branch Chairman of the association, Ayobami...
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Air passengers lost 19,274 luggage in six months – FG

About 2,000 air passengers lost 19,274 pieces of luggage between January and June this year, the Federal Government has revealed. Data obtained from the half-year report of the Nigerian Civil Aviation Authority, an agency of the Federal Government that regulates civil aviation, further indicated that 19,250 passengers were delayed for long hours during the review...
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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...