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NIMASA seeks collaboration to strengthen maritime safety

05.12.2024
The Director General of the Nigerian Maritime Administration and Safety Agency, Dr Dayo Mobereola, has stated that Nigeria was exploring collaborative avenues to enhance maritime safety and security. He also declared that innovative financing models would catalyse achieving sustainable development in the African maritime industry. Mobereola, while speaking at the 7th Association of African Maritime...
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NPA to address maritime risk

05.12.2024
Amidst a rapidly changing global environment, the Nigerian Ports Authority has called for a robust security framework to address emerging risks in the maritime domain. The NPA’s Managing Director, Dr. Abubakar Dantsoho, disclosed this while speaking at the 2024 National Conference of the Port Facility Security Officers Forum of Nigeria. Dantsoho stated that a “proactive...
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Interswitch backs CeBIH conference on digital payments

05.12.2024
Interswitch, Africa’s leading payments and digital commerce company, has announced its sponsorship of the 2024 Committee of e-Business Industry Heads Conference. In a statement on Wednesday, the payment giant said the event will be held this month in Lagos, with the theme, “Payment System Vision 2030: Navigating Contemporary Issues in Driving Future Growth.” CeBIH, an...
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Fuel imports hit 2.3bn litres despite local production

05.12.2024
Despite the commencement of petrol production by two major refineries in Nigeria in the last three months, oil marketers have continued to import and distribute the product nationwide. The PUNCH gathered on Wednesday that marketers imported 2.3 billion litres of petrol between September 11 and December 5, 2024. The continued importation of petrol is contrary...
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Poor policies expose ports infrastructure to cyber-attacks – Stakeholders

05.12.2024
Stakeholders in the maritime sector have said that the vulnerability of Africa’s maritime infrastructure to cyber-attacks is due to the widespread use of outdated technology and inadequate policies. These experts added that this challenge was threatening the continent’s economic stability and national security.  The Anti-piracy Security Head at Trident Group America Inc., Prof Alfred Oniye,...
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Axxela CEO pledges renewed growth

05.12.2024
The new Group Chief Executive Officer of Axxela Limited, Ogbemi Ofuya, has promised to work hard for the growth of the organisation. In a statement, Ofuya expressed pleasure over his appointment, commending the board for deeming him fit for the position. He said the company had transformed into an integrated energy solutions company over the...
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Nigeria will never stop fossil fuel production, says Lokpobiri

05.12.2024
As the call for energy transition intensifies, the Nigerian government has vowed not to ever stop fossil fuel production. The Minister of States for Petroleum Resources (Oil), Heineken Lokpobiri, stated this on Wednesday at the Practical Nigerian Content Forum organised by the Nigerian Content Development and Monitoring Board in Bayelsa State. According to Lokpobiri, the...
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Naira devaluation raises foreign debt by N30tn – Report

05.12.2024
Naira devaluation raised Nigeria’s external debt by about N30.03tn between 2023 and June 2024 when considered in naira terms, an analysis by The PUNCH showed. Despite a reduction in the country’s debt when measured in US dollars, the exchange rate shift has made Nigeria’s foreign obligations far more costly in local currency. Data from the...
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Expert urges transition from crude to hydrogen fuel

05.12.2024
A Nigerian energy expert from the University of Chinese Academy of Sciences, Joshua Bolarin, has called on the Federal Government and private sector to explore hydrogen fuel production as a sustainable solution to the country’s energy challenges. In a statement, Bolarin emphasised the need to harness Nigeria’s abundant solar energy to produce hydrogen, a clean...
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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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