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‘MWUN pushed for minimum wage in maritime sector’

Outgoing President-General of the Maritime Workers Union of Nigeria, Adewale Adeyanju, has said that his administration introduced the minimum wage standard in shipping for maritime workers in the last eight years. Adeyanju stated this recently in Lagos while addressing journalists on his achievements in the last eight years. He said that the introduction of the...
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LASWA maps Lagos waterways to boost safety

The Lagos State Waterways Authority has announced mapping the entire Lagos waterways to boost safety. The General Manager of LASWA, Mr Oluwadamilola Emmanuel, disclosed this in an interview with The PUNCH recently. He explained that the move would also help to locate abandoned dredging pipes and remove them to avoid accidents. “We have been able...
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15 companies’ loans soar to N4tn

Fifteen companies listed on the Nigerian Exchange Limited saw their total borrowings surge to N4.09tn in 2024, marking a 110.3 per cent increase from N1.94tn in 2023, The PUNCH reports. According to the figures obtained from the audited and unaudited financial statements of these companies for the year ended December 31, 2024. The borrowings were...
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Nigerian Breweries gets new non-executive director

The Board of Directors of Nigerian Breweries Plc has announced the appointment of Olufunmilayo Akande as its Independent Non-Executive Director. According to a statement, Akande replaces Ifueko Omoigui on the board following the completion of her tenure as a non-executive director on February 19, 2025, and her appointment became effective February 20, 2025. Akande is...
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Alake resolves Osun govt, mining firm rift

The Minister of Solid Minerals Development, Dr Dele Alake, has successfully mediated the long-standing dispute between the Osun State Government and Segilola Resources Limited, bringing an end to a six-month impasse. He also stressed that a harmonious relationship between state governments and mining operators is crucial not only for attracting investment but also for advancing...
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NLC seeks domestic workers unionisation

The Nigeria Labour Congress and affiliates have intensified efforts to secure full bargaining rights for domestic workers, emphasising that they must be recognised as formal employees under Nigerian labour laws. The union is currently working to ensure domestic workers are registered as a trade union, granting them better protection, fair wages, and improved working conditions....
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Africa’s young workforce will rule economies – PMI boss

The managing director of the Project Management Institute, Sub-Saharan Africa, George Asamani, has projected that by 2050, Africa’s youthful workforce could become one of the most powerful economic forces in the world, bridging labour gaps in ageing economies. According to a statement, Asamani described Africa as the cradle of humanity and the driver of global...
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NGX chairman joins Africa Oil Corp board

The Chairman of the Nigerian Exchange Limited and founder & CEO of Petralon Energy, Ahonsi Unuigbe, has been appointed to the Board of Directors of Africa Oil Corp, a Toronto Stock Exchange (TSX)-listed entity. His appointment highlights increasing cross-border collaboration between African and global capital markets. Unuigbe, a seasoned expert in oil and gas, capital...
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New report exposes gaps in Nigeria’s innovation growth

A groundbreaking report has revealed deep-rooted barriers stalling Nigeria’s research commercialisation, calling for urgent reforms to bridge academia-industry gaps, secure funding, and strengthen intellectual property protection. The Nigeria Impact Investing Research and Industry Collaborative Stakeholder Mapping Report, launched in Lagos by the Impact Investors Foundation, highlighted major weaknesses within Nigeria’s innovation ecosystem, including fragmented efforts,...
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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...