Gunmen kill five in Benue

Unknown gunmen Wednesday invaded Ayilamo, a village in Logo Local Government of Benue and killed five people. The spokesman for the Police Command in the North-Central state, Sewuese Anene, said the a… 19th October 2023

Tinubu won’t gag the press, says minister

The Minister of Information, Mohammed Idris, says the Federal Government has no plan to gag the press, adding that President Bola Tinubu is committed to press freedom. Idris, who lamented the use of u… 19th October 2023

Ondo Assembly asks Aiyedatiwa to withdraw suits

The Ondo State House of Assembly, on Wednesday, asked the Deputy Governor, Mr Lucky Aiyedatiwa, to withdraw all the court cases filed against the impeachment process as part of the condition for settl… 19th October 2023

Army begins security operation in Bayelsa

The Nigerian Army has commenced a security operation code-named ‘Exercise Still Waters III’ to tackle pipeline vandalism, cultism, illegal oil refining, kidnapping and other crimes in Bayelsa Stat… 19th October 2023

CAPOSTO Founder’s Day

The Christ Apostolic Church Grammar School Efon Alaaye Alumni Association says it is raising N10m to execute a project to mark the school’s 63rd Founder’s Day. Speaking on Tuesday at a press confe… 19th October 2023

Tinubu, Jonathan hail Gowon at 89

President Bola Tinubu, on Wednesday, extended warm greetings to former Head of State, Gen. Yakubu Gowon, on his 89th birthday. Tinubu’s congratulatory message was contained in a statement signed by … 19th October 2023

Tinubu okays take-off of six tertiary institutions

President Bola Tinubu, on Wednesday, approved the staggered takeoff of six out of 14 public universities established in the twilight of the Muhammadu Buhari administration. The Minister of Education, … 19th October 2023

Alaafin: EFCC quizzes Oyo kingmakers over bribery allegation

The Economic and Financial Crimes Commission, Ibadan Zonal Office, on Wednesday, quizzed Oyo kingmakers over bribery allegations. The PUNCH had reported that the stool of the Alaafin of Oyo became vac… 19th October 2023

Benue gov laments as suspected herders kill nine

The Governor of Benue State, Rev Fr Hyacinth Alia, on Wednesday, “lamented cases of alleged herdsmen attacks on Benue communities leading to loss of lives and property, saying he will not rest until… 19th October 2023

Gaza hospital attack sparks protest, Biden, Israel blame terror group

Protests erupted in the Middle East in the wake of a deadly hospital blast in Gaza that reportedly left hundreds dead. In Jordan, protestors attempted to storm the Israeli embassy. In Cairo, a small g… 19th October 2023

Ihedioha absent as PDP opens Imo campaign

The governors of Enugu, Edo and Zamfara states were present in Owerri, the Imo State capital, on Wednesday as the Peoples Democratic Party flagged off its campaigns for the November 11 governorship el… 19th October 2023

Bayelsa suspends monarch

The Deputy Governor of Bayelsa State, Lawrence Ewhrudjakpo, has approved the immediate suspension of a first-class traditional ruler, King Boutua Aranka, the Ibedaowei of the Opokuma clan. The monarch… 19th October 2023

Anti-graft war should start from N’Assembly – EFCC chair

The Senate, on Wednesday, screened and confirmed the nomination of Ola Olukoyede as the substantive Chairman of the Economic and Financial Crimes Commission. While fielding questions from the senators… 19th October 2023

Trinity varsity gets ICAN accreditation

Trinity University, Lagos has secured the accreditation of the  Institute of Chartered Accountants of Nigeria for its Accounting degree programme. The Corporate Affairs Office of the university discl… 19th October 2023

Akpabio meets Tinubu, dismisses crisis in Senate

Senate President Godswill Akpabio, on Wednesday, emphasised the unity and maturity of the Nigerian Senate, even amidst disagreements. “In the parliament, sometimes you disagree to agree. But we will… 19th October 2023

Fuel tanker, trucks on fire on Lagos-Ibadan expressway

A fuel tanker fire was again recorded on Wednesday night on the Lagos-Ibadan Expressway. The fire which was still raging as of the time of filing this report at 11.40 pm had engulfed two trucks apart … 19th October 2023

Contributory pension: NLC, retirees lament as 26 states fail to join scheme

•Lagos, five others in full compliance, contributory pension scheme inevitable, says PenCom •Withholding pension immoral, says NLC, retirement now death sentence, retirees kick Only six states an… 19th October 2023

Deal struck to open Gaza border for aid- Biden

The United States President, Joe Biden, on Wednesday, unveiled a deal to allow desperately-needed humanitarian aid to enter worn-torn Gaza, where one million people had fled their homes amid withering… 19th October 2023

Sustainable financing for HIV govt’s priority, says Pate

Sustainable financing for health and Human Immunodeficiency Virus remains at the forefront of the government’s plan, the Coordinating Minister of Health and Social Welfare, Ali Pate said on Wednesda… 19th October 2023

Work begins on $100m Lagos Film City

The Lagos State Governor, Mr Babajide Sanwo-Olu, on Wednesday, performed the groundbreaking ceremony of the $100m Lagos Film City situated on a 100-hectare land area at the Ikosi-Ejinrin area of the E… 19th October 2023

BUSINESS NEWS

FX policy, infrastructure, insecurity slow commodities market

It has been revealed that some of the major challenges affecting the performance of the commodities market in Nigeria include unclear foreign exchange policy, poor infrastructure and stubborn insecuri… 19th October 2023

Buying pressure in banking stocks drives equity market up by N16bn

Investors’ interests in the stocks of financial institutions listed on the Nigerian Exchange Limited drove the second day of consecutive gain on the local bourse. The All-Share index inched up … 19th October 2023

Maritime operator wins golf tournament

A maritime expert and the owner of one of Nigeria’s biggest tug supply vessels, MV Atlantic Brigand, Dr Augustine Ndubisi, over the weekend, won the Lord Wilson golf open tournament which took place… 19th October 2023

Eni awards post-graduate scholarship to Nigerian graduates

Eni’s subsidiary, Nigerian Agip Exploration Limited, has awarded scholarships to twenty-nine Nigerian graduates for Post Graduate studies overseas as well as at Nigerian Universities under its 2023/… 19th October 2023

Local content development will drive Africa’s economic growth – Wabote

African nations seeking to achieve economic prosperity must develop local capabilities to process, utilise, and export their resources as a means of powering their growth and development, the Executiv… 19th October 2023

REAN advocates grassroot awareness for net zero emission

For Nigeria to attain net zero by 2060, the Federal Government needs to further take the Energy Transition awareness to the grassroot. This was the advice given by the President, the Renewable Energy … 19th October 2023

FG, CBN to fund four million meters

The Federal Government in collaboration with the Central Bank of Nigeria, has said it would finance production of four million prepaid meters locally, a power sector document obtained by The PUNCH on … 19th October 2023

Firm partners Trade Lenda on energy solution

In a move to advance sustainable energy solutions and increase accessibility for communities, BaobabPlus Nigeria, a provider of solar technologies, has announced a partnership with Trade Lenda, a digi… 19th October 2023

NERC raises the alarm over weak national grid

Power sector regulator, NERC has raised a warning alarm over the poor state of the national grid, The PUNCH can report. In its newly released report, The Nigerian Electricity Regulatory Commission sai… 19th October 2023

15 states yet to pay N30,000 minimum wage – CSO

Fifteen Nigerian states have yet to implement the N30,000 minimum wage for their workers since it was signed into law in 2019. This is as organised labour unions are set to push for a further increase… 19th October 2023

Oil price rises by 7% to $93/barrel

Brent, the global benchmark for crude, witnessed a surge in price on Wednesday, trading at about $93/barrel after hovering around $87/barrel last week, as latest industry figures showed that Nigeria�… 19th October 2023

FG partners ENGIE, CrossBoundary to power 15 communities

The Federal Government through the Rural Electrification Agency in partnership with ENGIE Energy Access Nigeria, and a subsidiary of CrossBoundary Access, CrossBoundary Energy Access Assets Nigeria Li… 19th October 2023

Why Nigerian manufacturers must raise standards for global competition

Nigeria is currently facing a conundrum of food export rejections in the global market. The issues of poor packaging, lack of testing, certification, and quality assurance are pressing matters that ne… 19th October 2023

Customs will deploy technology to drive operations –Adeniyi

The Nigeria Customs Service has harped on the need to adopt advanced technological solutions for addressing complex customs challenges. This was contained in a statement on Friday by the National Publ… 19th October 2023

Customs conduct promotional exams for officers

Determined to promote transparency and career growth, the Nigeria Customs Service said it has conducted promotional examinations nationwide for officers and men of the service. In a statement on Wedne… 19th October 2023

copied: punchng.com