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Terminal operator awards scholarship to 45 undergraduates

30.01.2025
APM Terminals Apapa has awarded scholarships to 45 undergraduate students from its host community in Apapa. The terminal operator in a statement on Wednesday added that the move was part of its corporate social responsibility and its unwavering commitment to education and youth development. APMT explained that the beneficiaries, undergraduates from public universities across the...
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NNPC, BUA to build mini gas plants in Kogi

30.01.2025
The Nigerian National Petroleum Company Limited will today inaugurate the construction of five mini-liquefied natural gas plants in Kogi State. This was as the NNPC Gas Marketing Ltd and BUA Group signed a shareholders’ agreement for the development of a 45 million standard cubic feet mini-LNG plant in Ajaokuta. The five mini-LNG plants are Prime...
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Unilever posts N4.9bn profit

30.01.2025
Unilever Nigeria Plc has announced a decline in its quarterly profit for the fourth quarter of 2024, reporting a profit of N4.9bn, a 29 per cent drop from N6.87bn recorded in the same period in 2023. In its financial statement filed on the Nigeria Exchange Limited on Wednesday, the company’s revenue for the quarter ended...
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Customs target one hour clearance for vehicles

30.01.2025
The Nigeria Customs Service Port Terminal Multiservices Limited Command said it is determined to achieve one-hour clearance of roll-on-roll-off cargo to beat its existing two-hour record. The Customs Area Controller of the PTML, Tenny Daniyan, stated this on Tuesday, during the command’s celebration of the International Customs Day in Lagos. Roll-on-roll-off cargoes are wheeled cargoes,...
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NGX REGCO, EFCC agree to curb capital market infractions

30.01.2025
NGX Regulation Limited, the independent regulation subsidiary of the Nigerian Exchange Group, has partnered with the Economic and Financial Crimes Commission to strengthen market surveillance and combat financial crimes in Nigeria’s evolving capital market. This was disclosed in a meeting between NGX RegCo’s Chief Executive Officer, Olufemi Shobanjo, and EFCC’s Executive Chairman, Ola Olukoyede, at...
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NPA pledges to drive export growth for NLNG

30.01.2025
In a bid to boost exports, the Nigerian Ports Authority has partnered with the Nigerian Liquefied Natural Gas to provide the operational collaboration necessary to grow exports. The Managing Director/Chief Executive Officer of the NPA, Dr. Abubakar Dantsoho, disclosed this in a statement on Tuesday, when he received the Chief Executive Officer of the NLNG...
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Equity market reverses loss, investors gain N364bn

30.01.2025
The Nigerian Stock Exchange witnessed a market reversal on Tuesday as equity investors gained N364bn following an improvement in the All-Share Index, which surged by 0.57 per cent to close at 104,549.74 points. The market capitalisation now stands at N64.5tn. This marked a 1.67 per cent gain for the week, along with a 1.58 per...
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NECA hails CBN forex code, urges effective implementation

30.01.2025
The Nigeria Employers’ Consultative Association has applauded the Central Bank of Nigeria for introducing the Nigerian Foreign Exchange Code, describing it as a major step towards enhancing transparency, ethical conduct, and governance in the country’s foreign exchange market. The FX Code, introduced by the apex bank, seeks to strengthen the integrity of Nigeria’s FX market,...
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Qiang becomes Lekki Port MD/CEO

30.01.2025
The Lekki Port LFTZ Enterprise Limited, promoter of Lekki Deep Seaport, has announced the appointment of Wang Qiang as its new Managing Director/Chief Executive Officer. Qiang will take over the reins of leadership from Du Ruogang, according to a recent statement from the Board of Lekki Port. According to the Board of directors, the strategic...
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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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