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Group to empower Ogun SMEs with N45m

28.11.2024
The City Boy Movement in Ogun State has announced plans to empower small and medium enterprises with N45m during its maiden Annual Youth Summit, which will take place on December 21, 2024. According to a statement, the event, which will take place at the June 12 Cultural Center in Abeokuta, aims to foster youth entrepreneurship...
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40% of containers in Nigeria not seaworthy – Analysts

28.11.2024
The Head of Research at Sea Empowerment and Research Centre RGT, Dr Eugene Nweke, has stated that 40 per cent of containers operating within Nigeria’s shipping and port sector are either unsafe or in poor condition. Speaking exclusively with The PUNCH in Lagos, Nweke, a former President of the National Association of Government Approved Freight...
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Water sports fair to host 1,500 exhibitors

28.11.2024
The world’s leading water sports trade fair, BOOT Düsseldorf 2025, is set to host more than 1,500 exhibitors from over 100 countries during its nine-day exhibition billed to take place from January 18 to 26, 2025 in Düsseldorf, Germany. The organisers said in a statement that the global showcase is renowned for its unparalleled breadth,...
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FG seeks private sector investments to upgrade ports – Punch Newspapers

28.11.2024
The Federal Government, through the Ministry of Marine and Blue Economy, has announced that it is actively seeking private sector investment for port modernisation. The government added that the move is critical for boosting Nigeria’s competitiveness and attracting sustainable funding for the sector. The Minister of Marine and Blue Economy, Adegboyega Oyetola, disclosed this during...
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Labour, OPS project higher inflation, weaker naira

28.11.2024
The labour movement and the Organised Private Sector have projected higher inflation and a weaker naira following the latest hike in the country’s interest rate to 27.50 per cent by the Central Bank of Nigeria. Both groups spoke on Tuesday while reacting to the increase in the Monetary Policy Rate by CBN, as the Governor...
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Lagos must lead in growing Nigeria’s economy—Edun

28.11.2024
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has called on Lagos State to take the lead in expanding Nigeria’s economic base, emphasising the state’s unique role as a driver of the nation’s economic growth. Speaking on Tuesday at the two-day Eko Revenue Plus Summit, themed: ‘Unlocking New Revenue  Streams for...
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200 trucks load daily, 150,000bpd Eleme plant dormant

28.11.2024
After seven postponements, the Port Harcourt Refinery Company has finally commenced fuel production, promising a daily supply of about 200 trucks, as about one million litres of refined products were released by the plant on Tuesday. The Nigerian National Petroleum Company Limited unveiled the refinery on Tuesday, saying the old facility, which has a capacity...
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Nigeria got $1.27bn capital from BRICS countries — Shettima

28.11.2024
Vice President Kashim Shettima has disclosed that Nigeria attracted $1.27bn in foreign capital from BRICS countries by June 2024, marking a significant rise from the $438.72m recorded during the same period in 2023. The BRICS bloc comprises Brazil, Russia, India, China, and South Africa, alongside newer members Iran, Egypt, Ethiopia, and the United Arab Emirates....
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NPA urges terminal operators to boost port investments

28.11.2024
The Managing Director of the Nigerian Ports Authority, Dr Abubakar Dantsoho, has urged terminal operators to increase investments in Nigerian ports to enhance efficiency. He also assured operators of the agency’s full support. Dantsoho made this call on Wednesday during an operational tour of the Lagos Ports Complex in Apapa and the Tin Can Island...
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Customs inaugurate administrative building at Tincan

28.11.2024
The Comptroller-General of Customs, Adewale Adeniyi, has inaugurated the newly renovated Customs administrative building at Tincan Island Port in Lagos Lagos. The building, which is over 40 years old, was renovated under the supervision of the Customs Area Controller, Dera Nnadi. Speaking during the inauguration on Tuesday at Tincan, Adeniyi commended the renovation project. While...
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I apologise for saying no heaven without tithe – Adeboye

04.10.2024
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

04.10.2024
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Man who asked Tinubu to resign admitted in psychiatric hospital

04.10.2024
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...

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