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Teriba, others call for securitisation of N41tn national assets

11.11.2024
The Chief Executive Officer of Economic Associates, Dr Ayo Teriba, and other economists have called for the securitisation of Nigeria’s N41tn assets to boost the financial resources available to the Federal Government. Securitisation is a financial process that involves pooling assets into interest-bearing securities, which are then sold to investors. The investors receive the interest...
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Shafa Energy launches new lubricant brands

11.11.2024
Shafa Energy is set to launch two lubricant brands—Shafa Shanu (HD40 CF/SF) and Shafa Doki (20W/50 API:SG/CD). The company disclosed this in a statement made available to The PUNCH on Sunday. The Chief Executive Executive Officer of Shafa Energy, Yakubu Maishanu, described the launch as a significant milestone in the company’s journey. “Our company was...
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Helicopter crash: NIMASA recovers black box

11.11.2024
The Nigerian Maritime Administration and Safety Agency said it has recovered the Flight Data Recorder and Cockpit Voice Recorder or black box of the helicopter that crashed into the Atlantic Ocean near Bonny Finima recently. NIMASA said the vital parts were recovered at the weekend through an inter-agency collaboration involving the Nigerian Navy, the Nigerian...
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Leather institute to open tanneries nationwide

11.11.2024
The Nigerian Institute of Leather and Science Technology, based in Zaria, Kaduna State, has stated its plans to set up mini tanneries in each of the 36 states, aiming to transform hides and skins into valuable leather. NILEST’s Director-General, Prof. Mohammed Yakubu, on Sunday in Abuja according to NAN, said the tannery project seeks to...
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Vandals destroy power towers along Lokoja–Gwagwalada lines

11.11.2024
As Nigerians await the full restoration of power supply to areas affected by the recent vandalisation of the 330kv Shiroro-Kaduna lines, the Transmission Company of Nigeria has reported that vandals have again attacked its 330kV Lokoja – Gwagwalada transmission line one. This was disclosed in a statement signed by the TCN General Manager, Public Affairs,...
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Toyota by CFAO woos new car buyers

11.11.2024
As the year draws to a close, Toyota by CFAO, an official distributor of Toyota vehicles in Nigeria, has launched an exciting End-of-Year Bonanza to reward both new and existing customers. The promotion, which is open to corporate and individual clients, offers a range of enticing prizes, including free Toyota Hilux pickups, Yamaha motorcycles, and...
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NPA, NEPC to link export terminals with warehouses

11.11.2024
The Nigerian Ports Authority has announced that it will partner with the Nigerian Export Promotion Council and other relevant partners to link the export processing terminals with domestic export warehouses. NPA added that the move would facilitate port-hinterland connectivity and create pathways for small and medium-scale enterprises. The Managing Director of NPA, Dr Abubakar Dantsoho,...
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Vessels with 69.5m MTwheat berth in Lagos

11.11.2024
The Nigerian Ports Authority has said that out of the 10 vessels expected at Tincan Island Ports between Friday and Monday, two of them carrying 69.5 million metric tonnes of bulk wheat discharged through the Tincan Island in Lagos Port on Friday. This is even as another vessel carrying 35,000 metric tonnes of bulk salt...
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SystemSpecs to launch essay competition

11.11.2024
A software firm, SystemSpecs, has announced plans to commence its 2025 Children’s Day Essay Competition in February with the aim of providing a platform for creativity, critical thinking, and problem-solving skills through technology. In a statement, the firm said the annual event was for young Nigerians aged nine to 16. The company’s Executive Director of...
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NLNG gets recognition

11.11.2024
Nigeria LNG Limited received the award of Most Compliant Taxpayer by the Federal Inland Revenue Service at the 2024 FIRS Day, which took place during the Lagos International Trade Fair. This recognition is part of the FIRS Compliant Taxpayer Award and Recognition Programme, designed to acknowledge companies that consistently meet their tax obligations, contributing to...
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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
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

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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