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Honda-Nissan merger talks allegedly over

07.02.2025
Nissan’s board is in favour of abandoning merger talks with Honda, although calling them off has yet to be decided by executives at the two Japanese carmakers, a source close to the matter told AFP on Thursday. “The latest conditions put on the table by Honda are unacceptable for Nissan… It needs to be formalised,...
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Lokpobiri decries abandoned refinery project in N’Delta, vows revival

07.02.2025
Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has condemned the long-standing abandonment of the Brass Modern Refinery project in Bayelsa State, calling it “unacceptable.” During an inspection visit to Brass Local Government Area, Lokpobiri expressed frustration over the stalled project, emphasising the urgent need for revitalisation. He also toured the Ewa-Ama road...
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FG, UNDP unveil solar-powered garment hub to ease SME costs

07.02.2025
The Federal Government, through the Small and Medium Enterprises Development Agency of Nigeria, in collaboration with the United Nations Development Programme, has launched a solar-powered garment-making centre aimed at reducing business costs and promoting clean energy for small and medium enterprises. It was stated that at least 120 entrepreneurs would benefit from the facility daily....
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Manufacturers demand DisCos review as FG mulls tariff hike

07.02.2025
The Manufacturers Association of Nigeria has called on the Federal Government to review the performance of electricity distribution companies in light of their investment in distribution infrastructure, following reports of a planned increase in electricity tariffs. In a statement, the Director-General of MAN, Segun Ajayi-Kadir, called for a review of DisCos as he decried the...
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Enoh lauds Coca-Cola packaging collection hub

07.02.2025
The Minister of State for Industry, Sen. John Enoh, has hailed Coca-Cola Nigeria for its investment in a Packaging Collection Hub in Apapa, Lagos, describing it as a game-changer for the country’s industrial landscape. Enoh poured encomiums on Coca-Cola and the Nigerian Bottling Company Limited at the recent commissioning of the facility on Friday, stating...
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New FOB charge will worsen production costs – OPS

07.02.2025
The Chairman of the Organised Private Sector of Nigeria, Dele Oye, has called on the federal government to either suspend the implementation of the Free On-Board valuation on imports by the Nigeria Customs Service or exempt businesses involved in production and manufacturing from the policy. On Wednesday, NCS Spokesperson Abdullahi Maiwada announced in a statement...
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Firm converts N150m private jet to event space

07.02.2025
A Lagos-based company, Upfront and Statistics, has transformed a private jet worth N150m into a luxury event space, offering a premium setting for various social and corporate gatherings. At the unveiling of the facility in Lagos, the firm’s Chief Executive Officer, Tony Eboh, said the repurposed aircraft would serve multiple functions, including wedding photoshoots, music...
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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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