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Firm drives skill devt in Nigeria’s energy sector

06.03.2025
SPIE Global Services Energy Limited said it is empowering local communities in Nigeria with technical training to enhance their employability in the energy sector. In a statement on Wednesday, the company said the initiative, launched in 2024, is part of its commitment to developing local talents. According to the statement, the Specialised Process and Maintenance...
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Greenplinth to deploy 6m clean cookstoves in Lagos

06.03.2025
Greenplinth Africa is set to deploy six million free clean cookstoves in Lagos as a pilot scheme. In a statement, the organisation said the project, which will be replicated across the federation, falls under the 80 million clean cookstoves project. The 80 million clean cookstoves project, according to the President/Chief Executive Officer of Greenplinth Africa,...
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FCCPC sues MultiChoice for ignoring price hike suspension order

06.03.2025
The Federal Competition and Consumer Protection Commission has filed charges against MultiChoice Nigeria Limited and its Chief Executive Officer, John Ugbe, for allegedly defying regulatory directives on subscription price adjustments. The disclosure was made in a statement on Wednesday by the commission’s Director of Corporate Affairs, Ondaje Ijagwu. On February 27, the FCCPC directed MultiChoice...
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NLNG commits to curbing carbon emissions

06.03.2025
As Africa seeks to harness its vast energy potential to drive economic growth and industrial evolution, NLNG has reiterated that it is focused on reducing carbon emissions to meet evolving market expectations. Speaking at the just-concluded Nigeria International Energy Summit in Abuja, the Deputy Managing Director of NLNG, Olakunle Osobu, stated that NLNG’s multifaceted strategy...
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NADDC targets 40,000 jobs with vehicle regulation

06.03.2025
The National Automotive Design and Development Council has launched the end-of-life vehicle regulation to drive a circular economy, generate employment, and enhance environmental sustainability. NADDC Director-General Joseph Osanipin and the Minister of State for Industry, Sen. John Enoh, unveiled the ELV regulation at a stakeholders’ engagement and ministerial press conference in Lagos on Wednesday. According...
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Seplat plans 13 new oil wells in 2025

06.03.2025
Seplat Energy Plc has said it is planning to operate an additional 13 new onshore oil wells in 2025. The company stated in its 2025 outlook that the plan also includes the replacement of an inlet gas exchanger on the East Area Project NGL project offshore and other capital expenses projects. In its financial result...
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PMS cost may drop further as crude prices fall

06.03.2025
The price of Premium Motor Spirit (petrol) may be on a downward slope if the crude oil prices continue to slip. The PUNCH reports that this will also be strengthened as the naira maintains its stability against the dollar in the foreign exchange market. Oil prices fell about two per cent to a 12-week low...
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Nascon Allied revenue hits N120bn

05.03.2025
Nascon Allied Industries Plc has reported a 49 per cent increase in revenue to N120.4bn for the financial year ended December 31, 2024. The company’s audited financial results showed that gross profit rose by 25 per cent to N55.5bn, while earnings before interest, tax, depreciation, and amortisation grew by 19 per cent to N27.4bn, representing...
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10 brokers drive N524bn stock market trades

05.03.2025
Ten stockbroking firms dominated trading activities on the Nigerian Exchange Limited, accounting for N524.1bn in transactions between January 2 and February 29, 2024. This figure represents 51.39 per cent of the total market value traded during the period. According to the NGX Broker Performance Report, CardinalStone Securities Limited led in transaction value, executing trades worth...
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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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