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Showing posts from May, 2023

Father bags life jail for defiling eight-year-old daughter

A Lagos State Sexual Offences and Domestic Violence Court sitting in Ikeja, Lagos, on Tuesday, sentenced a 42-year-old man, Suleiman Usman, to life imprisonment for defiling his eight-year-old daughter. Justice Rahman Oshodi convicted and sentenced him after finding him guilty of the offence. The state government had arraigned Usman on two counts of defilement. The Read More source https://punchng.com/father-bags-life-jail-for-defiling-eight-year-old-daughter/

FG approves West Midlands Open University for online degrees

The Federal Government has granted West Midlands Open University, a new online university, a license to offer degrees in Nigeria. In a statement, the university announced that it has received licensing and formal approval from the National University Commission to offer degree-granting programmes online in Nigeria. “This approval creates exciting new opportunities for the new Read More source https://punchng.com/fg-approves-west-midlands-open-university-for-online-degrees/

16 Indian sailors leave Nigeria after nine-month detention

Indian sailors numbering up to 16 will be leaving Nigeria after nine months of detention. They were detained following their prosecution alongside others at the Federal High Court, Port Harcourt, in January, 2023, for infractions committed relating to crude oil theft. A statement  by the Nigerian Navy disclosed that their large crude carrier, MT Heroic Read More source https://punchng.com/16-indian-sailors-leave-nigeria-after-nine-month-detention/

Let Nigerians see ‘renewed hope’, Ositelu tells Tinubu

The Primate of the Church of the Lord Worldwide, Rufus Ositelu, has urged President Bola Tinubu to let Nigeria see, indeed, the ‘renewed hope’ he promised during the campaigns. Ositelu said Tinubu must consider restructuring as part of his plans, while also harping on the need to provide adequate security through regional and community policing. Read More source https://punchng.com/let-nigerians-see-renewed-hope-ositelu-tells-tinubu/

Again, Zenith Bank wins corporate governance award

Zenith Bank Plc has won the ‘Best Corporate Governance Financial Services’ in Africa award in the 2023 financial year. The award is organise by the Ethical Boardroom. The lender won it for the fourth consecutive year. A statement said the award, which was published in the Spring 2023 edition of The Ethical Boardroom magazine, was Read More source https://punchng.com/again-zenith-bank-wins-corporate-governance-award/

Senate: I’m planning an alliance with Yari, says Kalu

The Chief Whip of the Ninth Senate, Senator Orji Kalu, has declared that he will not step down for anybody in the Senate presidency race. Kalu made this known during a press briefing on Tuesday morning at the National Assembly complex in Abuja. He added that he was in talks with a former Zamfara State Read More source https://punchng.com/senate-im-planning-an-alliance-with-yari-says-kalu/

Community says four killed during el-Rufai’s demolition

Four youths have been reported dead, while over 25 others sustained various degrees of injuries from the gunshots of armed security personnel drafted on Friday to Gbagyi Villa by the Kaduna State government to demolish structures in the area. Several structures, including churches, were demolished by the Nasir el-Rufai administration, an issue that spanned more Read More source https://punchng.com/four-killed-as-kaduna-govt-demolishes-gbagyi-villa-structures-church/

Yoruba Nation: Osun police deploy operatives to parks, others

There was noticeable presence of police operatives at some strategic locations in Osogbo, Osun State capital, on Monday following a violent attempt to seize a radio station in Ibadan by some agitators for Yoruba Nation. Our correspondent, who moved round Osogbo, observed police presence at Ota Efun motor park, near Old Garage motor park, and Read More source https://punchng.com/yoruba-nation-osun-police-deploy-operatives-to-parks-others/

Oyebanji, Osun APC back Tinubu to perform

Members of the All Progressives Congress in major towns across Osun State on Monday organised get-together to celebrate the inauguration of the new President, Bola Tinubu. Checks by our correspondent in Ila, Iragbiji, Ikire, Iwo, Osogbo, Ife, indicated that APC members gathered at designated places to follow Tinubu’s swearing-in ceremony on television, after which they Read More source https://punchng.com/oyebanji-osun-apc-back-tinubu-to-perform/

My cabinet members feared being jailed by Buhari – Jonathan

Former President Goodluck Jonathan said members of his cabinet feared being jailed when the immediate past President,  Muhammadu Buhari, won election in 2015. Jonathan, while speaking in an interview aired by Arise TV on Monday, said some of his cabinet members even felt he would run away, but he stayed in the country. Jonathan said, Read More source https://punchng.com/my-cabinet-members-feared-being-jailed-by-buhari-jonathan/

Time up, new Katsina gov tells bandits

The new Governor of Katsina State, Dikko Radda, on Monday, stated that bandits operating in the state would face the wrath of the law if they failed to abandon their criminal acts. Radda gave this warning in his inaugural address after he and Faruq Jobe were sworn in as governor and deputy governor respectively by Read More source https://punchng.com/time-up-new-katsina-gov-tells-bandits/

My successor inherits N80bn, $577m debt – El-Rufai

The immediate-past governor of Kaduna State, Nasir El-Rufai, on Monday, said he left Kaduna State better than he met it in 2015, as he initiated legacies projects that empowered the citizens. El-Rufai said he left N5bn and $2.05m in the state treasury. He, however, disclosed that he also left a domestic debt of N80.60bn and Read More source https://punchng.com/my-successor-inherits-n80bn-577m-debt-el-rufai/

IPMAN opposes Tinubu subsidy removal plan, queues return

The Independent Petroleum Marketers Association of Nigeria has opposed the plan by President Bola Tinubu to enforce his predecessor’s decision to remove fuel subsidy by June ending. Tinubu had earlier on Monday, in Abuja, affirmed that his administration would not continue to pay subsidy on petroleum products. He said given the high opportunity cost the Read More source https://punchng.com/ipman-opposes-tinubu-subsidy-removal-plan-queues-return/

FG borrowed N6tn from CBN in 2022 – Report

The Federal Government borrowed N6.07tn from the Central Bank of Nigeria through Ways and Means Advances in 2022, according to recent data from the apex bank. This pushed the Federal Government’s borrowing from the CBN from N17.46tn in December 2021 to N23.53tn in December 2022. However, The PUNCH observed that the Federal Government might have Read More source https://punchng.com/fg-borrowed-n6tn-from-cbn-in-2022-report/

Outcry as Uganda signs anti-gay bill into law

Uganda announced Monday that President Yoweri Museveni had signed into law new measures against homosexuality described as among the world’s harshest, prompting condemnation from human rights and LGBTQ groups as well as Western powers. US President Joe Biden called for the immediate repeal of the measures he slammed as “a tragic violation of universal human Read More source https://punchng.com/outcry-as-uganda-signs-anti-gay-bill-into-law/

Woman dies after news of son’s death

A yet-to-be-identified woman has breathed her last after hearing the news of her son’s death. The late son, identified as Christian Ugbede Abuka, was said to have died in an auto crash while returning home from Kwara State where he had gone for his National Youth Service Corps documentation. The deceased elder brother, Joseph Abuka, Read More source https://punchng.com/woman-dies-after-news-of-sons-death/

Four-year tenure legal, police debunk IG’s ‘sack’

The Nigeria Police Force has said the alleged judgement ordering the removal of the incumbent Inspector-General of Police, Usman Alkali-Baba, from office over retirement age is false. The Force Headquarters made the revelation known at exactly 02:08 am on Monday, May 29, while affirming the continued stay of Mr Alkali-Baba in office as IG, in Read More source https://punchng.com/four-year-tenure-legal-police-debunk-igs-sack/

Tinubu’s inauguration: NADECO-RG hails world leaders, knocks Yoruba Nation agitators

A pro-democracy group, the National Democratic Coalition Renewal Group, has hailed the continued support from world leaders for Asiwaju Bola Tinubu and Alhaji Kassim Shettima, who are billed to be sworn in today,  as Nigeria’s President and Vice President respectively. This was as it condemned the Sunday attempt by Yoruba Nation agitators to take over Read More source https://punchng.com/tinubus-inauguration-nadeco-rg-hails-world-leaders-knocks-yoruba-nation-agitators/

Entrepreneurs must invest in personal development – Startup Kano boss

In this interview with Oluwakemi Abimbola, the Founder, Startup Kano, Aisha Tofa, speaks on how to be successful as a young entrepreneur What motivated you to start this journey of entrepreneurship? Entrepreneurship for me was a result of my upbringing. My mum has always been into so many businesses; she is never idle and she Read More source https://punchng.com/entrepreneurs-must-invest-in-personal-development-startup-kano-boss/

Federation Cup: Insurance reach semis, play Wolves

Nigeria National League side, Warri Wolves are through to the semi-finals of this year’s Federation Cup after recording a stunning 2-1 win over Nigeria Professional Football League side, Lobi Stars in their quarter-final on Sunday, PUNCH Sports Extra reports. The second-tier side grabbed a second-half winner after Joseph Atule had cancelled out Jabbar Malik’s first-half Read More source https://punchng.com/federation-cup-insurance-reach-semis-play-wolves/

African presidents, US, Canadian delegations arrive for inauguration

Ahead of the inauguration ceremony, many dignitaries, representatives of foreign governments, diplomats and heads of international organisations began arriving in Abuja, the nation’s capital, on Sunday. The United States delegation led by the US Secretary for Housing, Secretary Marcia Fudge touched down at the Nnamdi Azikiwe International Airport on Sunday afternoon. The US Mission confirmed Read More source https://punchng.com/african-presidents-us-canadian-delegations-arrive-for-inauguration/

Children’s Day: Govs promise improved welfare, Anambra to prosecute abusers

Governors of Edo, Kwara, Abia, Ondo and Osun states on Saturday promised better welfare for Nigerian children in their domain as Nigeria joined the world to mark the 2023 edition of Children’s Day. This year’s celebration had the theme, ‘Investing in our future means investing in our children’. Similarly, the outgoing First Lady, Aisha Buhari, Read More source https://punchng.com/childrens-day-govs-promise-improved-welfare-anambra-to-prosecute-abusers/

Buhari delivers farewell broadcast

The President, Major General Muhammadu Buhari (retd.), on Sunday morning delivered his farewell message to Nigerians. Buhari’s Special Adviser on Media and Publicity, Femi Adesina, disclosed this in a statement he signed on Saturday evening titled, ‘President Buhari broadcasts to the nation.’ The statement read, “President Muhammadu Buhari will make a farewell broadcast as President, Read More source https://punchng.com/buhari-delivers-farewell-broadcast/

Resident doctors spend 128 strike days under Buhari

The strike embarked upon by the National Association of Resident Doctors resulted in a loss of 128 working days between 2016 and 2023, Saturday PUNCH reports. Resident doctors spent about four months on industrial action under the regime of the President, Major General Muhammadu Buhari (retd.), to press home their demands. The strikes were a Read More source https://punchng.com/resident-doctors-spend-128-strike-days-under-buhari-2/

Analytical orientation and political science scholarship in Nigeria

The older generations of political science scholars are already going to the place of the elders. And that is either for good or for ill. On the one hand, most of them definitely reached the zenith of their career and age, and paid their dues to scholarship and the career they chose and were committed Read More source https://punchng.com/analytical-orientation-and-political-science-scholarship-in-nigeria/

Luton Town end 31 years absence, return to EPL

After a 31 years long run of absence from the English Premier League, Luton Town has returned. Luton completed a fairytale journey to the Premier League after beating Coventry on penalties in the Championship playoff final at Wembley on Saturday. Both sides played 1-1 after extra time before Luton secured a win from a 6-5 Read More source https://punchng.com/luton-town-end-31-years-absence-return-to-epl/

Kudus becomes Lagos RTEAN chair as court kicks MC Oluomo out

The Lagos branch of the Road Transport Employers Association of Nigeria has named Aransiola Kudus as the acting Chairman following a court ruling. Earlier, the Lagos state government had suspended RTEAN activities in the state, dissolved its elected leadership, and established a 25-member park management committee led by Alhaji Musiliu Akinsanya, also known as MC Read More source https://punchng.com/kudus-becomes-lagos-rtean-chair-as-court-kicks-mc-oluomo-out/

22 robbers, cultists arrested in Bayelsa

The police in Bayelsa State have arrested 22 suspected robbers and cultists. The new Commissioner of Police, Romokere Ibani, stated this during a press briefing at the command’s headquarters in Yenagoa on Friday. Ibani said the suspects were nabbed by operatives of the SWAT and anti-kidnapping units between January and May 2023 following tip-offs, responses Read More source https://punchng.com/22-robbers-cultists-arrested-in-bayelsa/

NAFDAC destroys N4.2bn fake, substandard products in Anambra

The National Agency for Food, Drug Administration and Control on Friday destroyed fake and substandard goods worth over N4.2bn in Awka, the Anambra State capital. Speaking during the exercise that took place at the Aswama Dumpsite at Umuzocha (by Anambra State secretariat complex), the Director-General, NAFDAC, Prof Mojisola Adeyeye, said the exercise was in line Read More source https://punchng.com/nafdac-destroys-n4-2bn-fake-substandard-products-in-anambra/

S’East deserves senate presidency, says northern group

The Arewa Civil Society Organisation has said the zoning of the senate presidency of the 10th National Assembly to the South-East will end the political marginalisation of the Igbo in the country. The organisation also endorsed the senator representing Orlu Senatorial District in Imo State, Osita Izunaso, for the position, saying that the lawmaker had Read More source https://punchng.com/seast-deserves-senate-presidency-says-northern-group/

JAMB unveils Kaduna CBT centre, El-Rufai, Adamu hail Oloyede

 The Joint Admissions and Matriculation Board has inaugurated a 1000-seating capacity mega computer-based test centre in Kaduna. The centre, said to be the largest in West Africa, has four units each of 250 seaters with a capacity to the Unified Tertiary Matriculation Examination for 4,000 candidates per day. While inaugurating the N1.19bn CBT centre along Read More source https://punchng.com/jamb-unveils-kaduna-cbt-centre-el-rufai-adamu-hail-oloyede/

Nestle core investor acquires additional 40,000 shares

Nestle S. A., the majority shareholder of Nestle Nigeria Plc, has bought an additional 40, 894 units of the shares of the consumer goods manufacturer. This was disclosed in an insider trading notice filed on the Nigerian Exchange Limited on Friday. It was revealed that the shares were bought in five tranches and at different Read More source https://punchng.com/nestle-core-investor-acquires-additional-40000-shares/

Ondo labourer remanded over octogenarian’s death

A Chief Magistrate’s Court in Akure, Ondo State, has ordered the remand of a 27-year-old man, Winma Chinecherem, in prison for allegedly killing an 80-year-old woman, Felicia Aderibigbe. The defendant was arrested by the police over Aderibigbe’s death in the Odigbo Local Government Area of the state. The octogenarian was reported missing on May 17, Read More source https://punchng.com/ondo-labourer-remanded-over-octogenarians-death/

Robbers attack Hausa bizman in Ogun, cart away $11m

A four-man robbery gang on Friday carted away a trader’s $11million in the Oke-Sokori area of Abeokuta, in Abeokuta North Local Government Area of Ogun State in an operation that lasted three minutes. The suspects escaped the scene with the $ 11 million stacked in two ‘Ghana-Must-Go’ bags, after demobilising the car of their victim, Read More source https://punchng.com/robbers-attack-hausa-bizman-in-ogun-cart-away-11m/

I decided not to influence National Assembly leadership –Buhari

The President, Major General Muhammadu Buhari (retd.), said he deliberately avoided meddling in the selection of leaders for the National Assembly since he came into power in 2015. Buhari noted that he believed in the independence of the parliament. The President made the comment at a time when there is controversy over the composition of Read More source https://punchng.com/i-decided-not-to-influence-nassembly-leadership-buhari/

May 29: Tinubu gets transition report, vows to tackle insecurity, power crisis

The President-elect, Bola Tinubu on Thursday pledged to address the security and power crises, among other challenges confronting the country. Tinubu who was handed the transition report by the President, Major General Muhammadu Buhari (retd.), promised not to disappoint Nigerians. He said this shortly after his investiture with the country’s highest national honour of Grand Read More source https://punchng.com/may-29-tinubu-gets-transition-report-vows-to-tackle-insecurity-power-crisis/

Rating agency assigns positive outlook to Tingo Mobile

The credit rating agency, DataPro, has assigned Tingo Mobile Plc a long-term rating of “A” with a positive outlook for the year 2023/2024. In a statement by Data Pro and signed by its Client Services Manager, Kehinde Rasheed, the considerations for the rating assigned included the company’s financial performance, profitability, capital structure, asset quality, liquidity, Read More source https://punchng.com/rating-agency-assigns-positive-outlook-to-tingo-mobile/

Building insurance low interest persists despite growing fire outbreaks

There have been significant losses in the real estate sector due to fires, floods and building collapses, which are insurable risks. JOSEPHINE OGUNDEJI examines why many property owners have not embraced insurance in this piece Looking out on the ruins of his completely destroyed store, Temiyole Williams paced anxiously through a nearby building’s corridor, tears Read More source https://punchng.com/building-insurance-low-interest-persists-despite-growing-fire-outbreaks/

Why I refrained from NASS affairs, says Buhari

The President, Major General Muhammadu Buhari (retd.), on Thursday, said he distanced himself from the affairs of the legislative arm to promote a culture of mutual respect and collaboration between the lawmaking body and the executive arm. He said this during the official commissioning of the permanent site of the National Institute for Legislative and Read More source https://punchng.com/why-i-refrained-from-nass-affairs-says-buhari/

Slash school fees, Delta students tell gov-elect

The National Association of Delta State Students has urged the governor-elect, Sheriff Oborevweri, to undertake a downward review of school feels and to grant scholarship to students. The newly elected NADESSTU National President, Wise Monday, made the call on Wednesday in Asaba, the state capital. He also advised the incoming governor not to appoint many Read More source https://punchng.com/slash-school-fees-delta-students-tell-gov-elect/

GDP crashed to 2.3% in Q1 over cash shortage – NBS

The cash scarcity caused by the naira redesign policy of the Central Bank of Nigeria has pushed Nigeria’s Gross Domestic Product growth below global projections of the World Bank, International Monetary Fund and the African Development Bank. The World Bank said that the Nigerian economy would grow by 2.8 per cent in 2023, down from Read More source https://punchng.com/gdp-crashed-to-2-3-in-q1-over-cash-shortage-nbs/

NDIC to sell defunct banks’ assets, refund customers

Following the revocation of licences of 179 microfinance banks and four Primary Mortgage Banks by the Central Bank of Nigeria, the Nigeria Deposit Insurance Corporation has assured depositors of the closed banks of speedy payment of their insured sums. The Managing Director/Chief Executive, NDIC, Mr Bello Hassan, gave this assurance in a statement after the Read More source https://punchng.com/ndic-to-sell-defunct-banks-assets-refund-customers/

Health workers accuse minister of sabotage, threaten strike

Health workers, on Wednesday, protested in the Federal Capital Territory with a threat to embark on an indefinite strike from midnight if the Federal Government fails to meet their demands. The health workers, under the umbrella of the Joint Health Workers Union, are demanding the payment of hazard allowance, an adjustment in the Consolidated Health Read More source https://punchng.com/health-workers-accuse-minister-of-sabotage-threaten-strike/

Firm unveils low-cost energy solutions

A technology and power company, Grid Crux Energy Solutions, has unveiled a low-cost energy solution, MasSolar, to help solve Africa’s electricity. A statement by the organisation explained that over 580 million people in Africa lacked access to electricity, and that had led to negative impacts on the continent’s economic growth, health, education, and social well-being. Read More source https://punchng.com/firm-unveils-low-cost-energy-solutions/

FG approves power contracts worth N281bn in Daura, others

The Federal Executive Council, on Wednesday, in Abuja, approved various contracts worth N281.73 billion to boost power generation and distribution in various parts of the country, including Daura, Katsina State, the hometown of the outgoing President, Major General Muhammadu Buhari (retd.). The projects to be implemented in Katsina, Kano, Benin, Enugu, amongst others, included foreign Read More source https://punchng.com/fg-approves-power-contracts-worth-n281bn-in-daura-others/

Ethiopian Haji set to defend Okpekpe title

Ethiopia’s Yasin Haji will be seeking to make history as the first man to successfully defend an Okpekpe International 10km Road Race title after the 27-year-old arrived Lagos for Saturday’s race in Okekpe, Edo State. Jaji became the third Ethiopian man to win the Okpekpe race 10km title after he ran 29:05, the third fastest Read More source https://punchng.com/ethiopian-haji-set-to-defend-okpekpe-title/

FG unveils UNIZIK teaching hospital

The Federal Government has officially inaugurated the permanent site of the Nnamdi Azikiwe University Teaching Hospital, Nnewi, Anambra. Speaking during the event in Nnewi, the Minister of State for Health, Joseph Ekumankama, emphasised that the National Health Act had made it mandatory for all Nigerians to receive free medical care up to the tune of Read More source https://punchng.com/fg-unveils-unizik-teaching-hospital/

Police invite Ogun ex-deputy Speaker for barricading Assembly gates

The Ogun State Police Command, on Tuesday, invited a former Deputy Speaker of the House of Assembly, Dare Kadiri, for barricading  the gates of the Assembly complex with his car. Kadiri, who was  impeached and suspended from the Assembly, stormed the premises of the Governor’s Office, which houses the legislative chambers and blocked the gates Read More source https://punchng.com/police-invite-ogun-ex-deputy-speaker-for-barricading-assembly-gates/

May 29: No vehicle exploded at Eagle’s Square, FCT police say

The Federal Capital Territory Police Command has debunked the rumour of an alleged car explosion close to Eagle’s Square, the proposed venue for the inauguration ceremony of the President-elect, Bola Tinubu, on May 29. The police said burning flames, suspected to be due to a mechanical fault, were noticed underneath a coaster bus heading towards Read More source https://punchng.com/may-29-no-vehicle-exploded-at-eagles-square-fct-police-say/

Psychologists advocate mental health policies

GreyHub Therapeutic Centre has called on the government to implement policies that will aid awareness and treatment of mental health diseases.  Speaking at the opening of its Ikoyi Centre, Consultant Psychiatrist and Forensic medical examiner, Dr Shola Olowookere, explained that the government was doing a lot at the federal level, saying efforts should be made Read More source https://punchng.com/psychologists-advocate-mental-health-policies/

CBN revokes 179 microfinance banks, others’ licences

The Central Bank of Nigeria has revoked the licences of 179 microfinance banks in the country, as well as four primary mortgage banks and three finance companies. This was disclosed in the official gazette of the Federal Government, which was published on the website of the CBN on Tuesday. The gazette said that the licences Read More source https://punchng.com/cbn-revokes-179-microfinance-banks-others-licences/

Why I pity Tinubu’s incoming administration – NLC president

The president of the Nigerian Labour Congress, Joe Ajaero, has expressed empathy for the incoming administration due to inconclusive industrial challenges left unattended to by the current regime. The labour president ,in his assessment of the Nigerian workers’ welfare under the regime of the President, Major General Muhammadu Buhari (retd.), stated, “There will be a Read More source https://punchng.com/why-i-pity-tinubus-incoming-administration-nlc-president/

We‘ll double efforts, Sanwo-Olu assures Lagos residents

Babajide Sanwo-Olu of Lagos State has reassured Lagos residents of his administration’s plan to double efforts in delivering on electoral promises. Sanwo-Olu gave this assurance during a public lecture titled topic: ”The Making of a Beacon: Lagos and the Consolidation of a Democracy that Works for All,” in commemoration of the inaugural week. The lecture Read More source https://punchng.com/well-double-efforts-sanwo-olu-assures-lagos-residents/

‘Davido requests $5m for endorsement’

The team of Afrobeat musician, Davido has revealed that $5 million is the cost of getting the artist for endorsement over a calendar year. According to a post by Billpoint CEO, Linus Williams, yesterday on Instagram, Davido’s team disclosed the cost of bringing the musician on board as an ambassador to his company. The post Read More source https://punchng.com/davido-requests-5m-for-endorsement/

NYSC@50: Sanwo-Olu bags sustainability award

The Lagos State Governor, Mr. Babajide Sanwo-Olu, on Sunday, was honoured with the Sustainability Award in recognition of the state government’s support for the National Youth Service Corps. Receiving the award on behalf of Sanwo-Olu at a ceremony organised by the Federal Government as part of activities to commemorate the scheme’s 50 years of existence Read More source https://punchng.com/nysc50-sanwo-olu-bags-sustainability-award/

Agoye downplays ‘easy’ Super 6 ticket

Sunshine Stars head coach, Edith Agoye, has waved off suggestions that his team made a light work of the 2022/23 Nigeria Professional Football League Super 6 ticket on the final match-day of the regular season, after seeing off Dakkada 3-0 in Akure, PUNCH Sports Extra reports. Thanks to goals from Michael Olalusi, Achi Nnaemeka and Read More source https://punchng.com/agoye-downplays-easy-super-6-ticket/

LBS, institute train operators

The Chartered Institute of Stockbrokers and the Lagos Business School have partnered to train operators and capital market stakeholders in key and emerging regulatory and compliance issues in the market. The CIS Academy, the training arm of the CIS and LBS had signed a Memorandum of Understanding for sustainable capacity building and development training in Read More source https://punchng.com/lbs-institute-train-operators/

Govs-elect protest as outgoing governors shun transition panels

There are strong indications that the transition process is not going smoothly in many states as the outgoing governors are allegedly not cooperating with their successors. Following the development, the panels set up by the incoming governors are asking questions on the financial conditions of the states, thus generating tension. In Zamfara State, Governor Bello Read More source https://punchng.com/govs-elect-protest-as-outgoing-governors-shun-transition-panels/

Presidential poll tribunal: Parties disagree as court rules on live broadcast today

Ahead of today’s ruling on the application for live transmission of the proceedings of the Presidential Election Petition Tribunal, the Peoples Democratic Party, Labour Party and the All Progressives Congress have disagreed over the need for the hearing to be broadcast by the media. The PDP and LP told The PUNCH on Sunday that the Read More source https://punchng.com/presidential-poll-tribunal-parties-disagree-as-court-rules-on-live-broadcast-today/

NIA woos retirees with annuity

The Nigerian Insurers Association has created awareness of the need for retirees under the Contributory Pension Scheme to take annuities. During the ‘Retirement readiness workshop’ organised by the association, the Director-General, NIA, Mrs Yetunde Ilori, assured that annuity would give retirees peace of mind. The workshop, which was largely attended by retirees and contributors under Read More source https://punchng.com/nia-woos-retirees-with-annuity/

Access Pensions promises better customer service

The management of Access Pensions Limited has expressed its commitment to continue to deliver improved services to its customers in the country. The Head, Business Development Division, South West of the company, Mr Peter Oliti, expressed the commitment at the Pension Fund Administrator’s customers forum at the School of Nursing, UCH, Ibadan. In a statement, Read More source https://punchng.com/access-pensions-promises-better-customer-service/

Seek debt forgiveness, Afe Babalola advises Tinubu

Legal luminary and founder of Afe Babalola University, Ado Ekiti, Aare Afe Babalola, and the Catholic Bishop of Ekiti Diocese, Most Rev. Felix Ajakaye, have charged the President-elect, Asiwaju Bola Tinubu, to take critical decisions immediately on assuming office to effect the desired changes Nigerians are yearning for. While Babalola advised that the  Tinubu administration Read More source https://punchng.com/seek-debt-forgiveness-afe-babalola-advises-tinubu/

10th NASS: G-7 will defeat Abass, boasts Agbese

Some members of the House of Representatives known as the G-7 have made a mockery of suggestions that the group has lost a chance in the race for Speaker of the House. Speaking to newsmen on Friday in Abuja, after the induction ceremony, the group’s spokesperson, Philip Agbese, said the G-7 is becoming more formidable Read More source https://punchng.com/10th-nass-g-7-will-defeat-abass-boasts-agbese/

Resident doctors call emergency NEC meeting, may suspend strike

The Nigerian Association of Resident Doctors has signed a Memorandum of Understanding with the Federal Government in an effort to end the ongoing strike. NARD commenced a five-day warning strike on May 17 to press home its demands after a 14-day ultimatum to the government lapsed. The doctors are demanding an immediate increment in the Read More source https://punchng.com/resident-doctors-call-emergency-nec-meeting-may-suspend-strike/

Arteta inconsolable, says Arsenal fell short

Arsenal manager Mikel Arteta graciously congratulated Manchester City for winning the Premier League on Saturday, but there was no concealing his agony. This was after his team had led the race for so long but lost form in the crucial run-in. Eight points clear two months ago, Arsenal won only two of their last eight Read More source https://punchng.com/arteta-inconsolable-says-arsenal-fell-short/

Speaker: Minority group denies endorsing Abbas

A coalition of members-elect of the 10th House of Representatives in minority parties, 10th Assembly – Greater Majority, has denied endorsing Tajudeen Abbas for the position of Speaker. The Secretary of the group, Ali Isa, made this known in a notice to members issued on Saturday and titled ‘Important Notice to All Members of the Read More source https://punchng.com/speaker-minority-group-denies-endorsing-abbas/

OMIS set to mark Maritime Day

To commemorate World Maritime Day on September 28, OMIS has announced the Maritime and Offshore Awards which will include a conference, exhibition, awards dinner. World Maritime Day is organised by the International Maritime Organisation to raise awareness on the importance of the shipping industry. A statement by the Chief Executive of OMIS, Femi Da-Silva, asked Read More source https://punchng.com/omis-set-to-mark-maritime-day/

Documentary on Buhari regime to air tomorrow, Monday 

A 55-minute documentary titled Muhammadu Buhari Was Here, will air live on Channels Television, NTA and TVC on Sunday, Monday and Tuesday, respectively. “With the conclusion of the eight-year, two-term tenure of the administration of President Muhammadu Buhari, the Media Department of the State House has produced a 55-minute documentary titled Muhammadu Buhari Was Here,” the President’s Read More source https://punchng.com/documentary-on-buhari-regime-to-air-tomorrow-monday/

AMVCA 2023: Kunle Afolayan’s ‘Anikulapo’ sweeps five awards

Nollywood thespian Kunle Afolayan has social media buzzing following his big win at the 2023 Africa Magic Viewers’ Choice Award. Kunle’s movie swooped 5 awards at this year’s event, emerging as the biggest winner of the night. The movie Anikulapo won 5 categories out of the 16 it was nominated for. it won in the Read More source https://punchng.com/amvca-2023-kunle-afolayans-anikulapo-sweeps-five-awards/

Kano judge denies nullifying Abia gov-elect election

A Federal High Court in Kano State has denied nullifying the candidature of the Abia State Governor-elect, Dr Alex Otti. The court, however, said it nullified the election of the candidates for the Kano Labour Party that contested during the 2023 elections. The News Agency of Nigeria reported that a plaintiff, Mr Ibrahim Haruna-Ibrahim, filed Read More source https://punchng.com/kano-judge-denies-nullifying-abia-gov-elect-election/

SAIL tech lab will boost youth development – Lagos gov

The Lagos State Governor, Babajide Sanwo-Olu, on Friday, applauded the establishment of an Innovation Lab in the Ikorodu area of the state by the senator representing Lagos East at the National Assembly, Adetokunbo Abiru. The governor said the initiative would further improve youth development in the state. The project, known as SAIL, an acronym for Read More source https://punchng.com/sail-tech-lab-will-boost-youth-development-lagos-gov/

Sign energy commission amendment bill, PENGASSAN urges Buhari

The Petroleum and Natural Gas Senior Staff Association of Nigeria, on Friday, appealed to the President, Major General Muhammadu Buhari (retd.), to as a matter of urgency, assent to the Energy Commission of Nigeria Amendment Bill, 2022, before handing over to the incoming administration on May 29, 2023. PENGASSAN made the appeal in a statement Read More source https://punchng.com/sign-energy-commission-amendment-bill-pengassan-urges-buhari/

Lagos unveils programme for Sanwo-Olu’s inauguration

The Lagos State Government on Friday unveiled an 11-day programme for the inauguration of the Lagos State Governor, Babajide Sanwo-Olu, and his deputy, Obafemi Hamzat. The event is to hold from May 21 to June 4. The programme, which would mark the end of their first term and beginning of second term in office, was Read More source https://punchng.com/lagos-unveils-programme-for-sanwo-olus-inauguration/

Relationship with God protects me from men — Paschaline Alex

An actress, Paschaline Alex, is undoubtedly a pretty woman with a nice body. It also stands to reason that she would have a lot of male admirers. When asked how she copes with the advances that come from her male adorers, colleagues and fans, she told Saturday Beats, “It is God, God, God! I pray, Read More source https://punchng.com/relationship-with-god-protects-me-from-men-paschaline-alex/

Music industry gets boost with ‘People’s Hero Initiative’

Hero Lager, a product of International Breweries Plc, has launched ‘The People’s Hero Initiative’ to support creatives on their journey to relevance. ‘The People’s Hero Initiative’, which is an offshoot of the brand’s Uru Dia Campaign, ‘seeks to recognise and reward the worth within its consumers, and is expected to give fast-rising artistes the much-needed Read More source https://punchng.com/music-industry-gets-boost-with-peoples-hero-initiative/

Inflation driving 64 million Nigerians into food crisis – World Bank

At least 64 million Nigerians are at risk of emergency food and nutritional assistance due to the attendant effects of rising inflation, climate change, among others, according to the World Bank. There are currently 24.8 million Nigerians who suffer from acute hunger, according to the United Nations World Food Programme, indicating worsening food insecurity and Read More source https://punchng.com/inflation-driving-64-million-nigerians-into-food-crisis-world-bank/

I have been unable to sleep – Hilda Baci

The contender for the Guinness World Record for longest cooking hours by an individual, Hilda Baci, has revealed that she has been unable to sleep since she completed the 100 hours cooking challenge she had set out to achieve on Monday. On a live Instagram session, she held on her verified Instagram page, Friday night, Read More source https://punchng.com/i-have-been-unable-to-sleep-hilda-baci/

Osun workers protest as Adeleke begins payroll audit

The leadership of the Joint Labour Movement in Osun State has rejected the staff audit proposed by the state government, demanding proper briefing on the excercise. The position of the labour leaders was sequel to circulation of forms among workers by a consulting firm hired by the state government for the purpose of counting the Read More source https://punchng.com/osun-workers-protest-as-adeleke-begins-payroll-audit/

FG rolls out programme for Tinubu, Shettima swearing-in

The programme of events for the inauguration of President-Elect, Asiwaju Bola Ahmed Tinubu, as the 16th President of the Federal Republic of Nigeria on May 29, has been released by the Federal Government. The event, expected to be graced by top dignitaries, foreign Leaders, and Heads of Govts, will be celebrating the 7th consecutive democratic Read More source https://punchng.com/fg-rolls-out-programme-for-tinubu-shettima-swearing-in/

Tinubu may return Sunday for Dangote refinery launch

The President-elect, Asiwaju Bola Tinubu, is scheduled to return to the country from his working visit to France on Sunday, The PUNCH gathered. The development is coming one week after the two-term governor of Lagos State departed Nigeria to avoid “unnecessary pressures and distractions” while he continues to finetune his transition programmes and policy options Read More source https://punchng.com/tinubu-may-return-sunday-for-dangote-refinery-launch/

Alake of Egbaland demands establishment of more vocational schools

The Alake and paramount ruler of Egbaland, Oba Adedotun Gbadebo, has tasked governments at different levels and individuals to establish more vocational institutions. The traditional ruler said this would serve as a solution to the unemployment challenges in the country, The monarch made this request while speaking at the presentation of training tools to 69 Read More source https://punchng.com/alake-of-egbaland-demands-establishment-of-more-vocational-schools/

Enugu governor-elect sues NYSC for N20bn

The Enugu State Governor-elect, Peter Mbah, has demanded N20bn as exemplary damages against the National Youth Service Corps and its Director, Corps Certification, Ibrahim Muhammed, for “conspiracy, deceit and misrepresentation of facts.” It could be recalled that Justice Inyang Ekwo of the Federal High Court had on Monday, upon a motion ex parte by Mbah’s Read More source https://punchng.com/enugu-governor-elect-sues-nysc-for-n20bn/

Retirees, others lured into Ponzi schemes with tempting rewards, lose millions

Nigerian retirees, middle-aged workers and youths are losing their hard-earned money to Ponzi schemes, robbing them of blissful rest, shattering dreams and forcing many back into the labour market, STEPHEN ANGBULU writes Months after losing his N7m investment in a business, Anozie Ugwu, 55, has yet to come to terms with the incident which he Read More source https://punchng.com/retirees-others-lured-into-ponzi-schemes-with-tempting-rewards-lose-millions/

World’s oldest Hebrew Bible sells for $38 million

A Hebrew Bible more than 1,000 years old sold for $38.1 million in New York on Wednesday, setting a record for the most valuable manuscript ever sold at auction. The Codex Sassoon – which dates to the late ninth to early 10th century – is the earliest near-complete Hebrew Bible known to still exist. It Read More source https://punchng.com/worlds-oldest-hebrew-bible-sells-for-38-million/

Prepare for challenges, Sanwo-Olu tells incoming governors

The Governor of Lagos State, Babajide Sanwo-Olu, has shared perspectives and practical ideas on governance at a three-day induction for new and returning governors, held at the Presidential Banquet Hall, State House, Abuja. According to a statement signed by his Chief Press Secretary, the governor pointed out that the quality of transition determines the extent Read More source https://punchng.com/prepare-for-challenges-sanwo-olu-tells-incoming-governors/

‘Eastern ports abandoned due to poor facilities’

The Nigerian Indigenous Shipowners Association has attributed the abandonment of eastern ports by its members to poor facilities. The President of NISA, Mr Sola Adewumi, in a chat with the PUNCH in Lagos recently, said shipowners would only take their vessels to ports that have the needed facilities. According to him, it is the responsibility Read More source https://punchng.com/eastern-ports-abandoned-due-to-poor-facilities/

Customs seize unregistered, expired drugs worth N27.8m

The Nigeria Customs Service, NCS Seme Area Command today seized unregistered pharmaceutical products worth N27.8 million on the Abidjan-Lagos corridor. The Controller in charge of the Command, Mr. Dera Nandi, disclosed this on Wednesday during a news conference in Semé. Speaking to newsmen, he said; “On May 9, my men while conducting stop and search Read More source https://punchng.com/customs-seize-unregistered-expired-drugs-worth-n27-8m/

Crime prevention measures

Sometimes we tend to think of crime as only criminal and horrendous offences like murder and robbery. But it is not! Anti-social behaviours such as theft, stealing, gossip, bribery, corruption, cheating, dishonesty, arson, assault, battery, oppression, deceit, etc. are crimes as well. The sentencing of Senator Ike Ekweremmadu in the United Kingdom has shown us Read More source https://punchng.com/crime-prevention-measures/

Bargain hunting lifts equity market by N102bn

Bargain hunting activities on the Nigerian Exchange Limited drove up the market capitalisation by N102bn to close at N28.542tn at the end of trading on Tuesday. The All-Share Index of the local bourse which had opened on a positive note this week, gained 0.36 per cent or 188.04 base points to close at 52419.33 points Read More source https://punchng.com/bargain-hunting-lifts-equity-market-by-n102bn/

Strike: Doctors shun talks, medical tourism gulps $3bn in three years

Nigerians spent about $3bn on foreign healthcare-related services from 2020 to 2022, according to findings by The PUNCH. The total spending for the period under review was obtained from the Balance of Payments database of the Central Bank of Nigeria. This came to the fore on Tuesday as the Nigerian Association of Resident Doctors insisted Read More source https://punchng.com/strike-doctors-shun-talks-medical-tourism-gulps-3bn-in-three-years/

Weakened naira pushing up Nigeria’s public debt – IMF

The International Monetary Fund has said that weaker currencies in Nigeria and other Sub-Saharan African countries are pushing up public debts. This was disclosed in a blog post published on the IMF’s website on Monday. The fund noted that with an average depreciation of nine per cent since January 2022, sub-Saharan African currencies have weakened Read More source https://punchng.com/weakened-naira-pushing-up-nigerias-public-debt-imf/

DSS arrests five suspected terrorists, warns against anti-handover plans

The Department of State Services has pledged to work with other security agencies to ensure the country is safe during the power transition period. The agency said this was necessary as some elements were desperate to truncate the process. The alarm by the DSS came after a joint operation by the operatives of the DSS,Nigerian Read More source https://punchng.com/dss-arrests-five-suspected-terrorists-warns-against-anti-handover-plans/

FG rejects bill to halt doctors’ migration

The Federal Government, on Monday, described as “unworkable”, a bill currently being considered by the National Assembly seeking to restrict the migration of Nigerian doctors to climes perceived to be greener pastures. The Minister of Labour and Employment, Senator Chris Ngige, revealed this while fielding questions from journalists after the extraordinary Federal Executive Council meeting Read More source https://punchng.com/fg-rejects-bill-to-halt-doctors-migration/

UI, UNN, others shine in global varsity ranking

The University of Ibadan, the University of Nigeria, the University of Lagos and the Ahmadu Bello University have been ranked among the best universities in the world, according to the Centre for World University Rankings, The PUNCH reports. A total of 20,531 universities were ranked with 2,000 making the global list, according to the list Read More source https://punchng.com/ui-unn-others-shine-in-global-varsity-ranking/

NFF may not retain Peseiro – Source

The PUNCH has learnt that the Nigeria Football Federation will not open contract talks with Super Eagles head coach Jose Peseiro, following the expiration of his one-year contract with the federation on Monday. The NFF announced the appointment of Peseiro as the new coach of the Eagles May 15, 2022, replacing Austin Eguavoen, who returned Read More source https://punchng.com/nff-may-not-retain-peseiro-source/

Dolphin Swimming League enters final stage

The race to determine the top schools in season four of the Dolphin Swimming League enters the grand finale May 20 at the Children International School, Lekki, Lagos. The four leg, being the finale of the first private schools swimming tournament, will have more schools joining to compete for the top spot as Grange School Read More source https://punchng.com/dolphin-swimming-league-enters-final-stage/

Whitney: Witness says Chrisland pupil not electrocuted

A cotton candy vendor, Ademoye Adewale, who sold snacks to pupils of Chrisland Schools Opebi, at Agege Stadium, Lagos during the school’s recent sports activities on Monday told the coroner set up to unravel the cause of death of Whitney Adeniran that the autopsy conducted by the Lagos State Government was erroneous. He said Whitney Read More source https://punchng.com/whitney-witness-says-chrisland-pupil-not-electrocuted/

You risk removal for non-performance, Buhari warns govs-elect

Ahead of the May 29 inauguration of new governments at the central and state levels, the President, Major General Muhammadu Buhari (retd), has warned newly-elected and returning governors that failure to deliver on their campaign promises would affect their chances anytime they seek the support of the electorate to return to elective office. Buhari stated Read More source https://punchng.com/you-risk-removal-for-non-performance-buhari-warns-govs-elect/

Suspend $800m loan disbursement, SERAP urges W’Bank

The Socio-Economic Rights and Accountability Project has urged the World Bank “to suspend any disbursement of the $800m loan to the Federal Government and to request the incoming administration to provide satisfactory explanations for the loan.” Noting that the regime of the President, Major General Muhammadu Buhari (retd.), will wind down by May ending, SERAP Read More source https://punchng.com/suspend-800m-loan-disbursement-serap-urges-wbank/

Rivers understudies Lagos procurement system

The Lagos State Government has stressed the need for more effective collaboration and partnership among all regulatory public procurement agencies in the country. This is expected to assist in ensuring efficient resource management at all levels of government and enhance compliance with international best practices in procurement in the country. The Director-General, Lagos State Public Read More source https://punchng.com/rivers-understudies-lagos-procurement-system/

How Barca won 2022-23 season La Liga

Barcelona secured the Spanish La Liga title for the first time since 2019 on Sunday. The Catalan giants invested heavily last summer, sacrificing future income in order to bolster the squad and earn major silverware quickly. Xavi Hernandez’s side beat Real Madrid to win the Spanish Super Cup in January and clinched the league title Read More source https://punchng.com/how-barca-won-2022-23-season-la-liga/

Napoli aim to break salary structure to retain Osimhen

In an attempt order to ward off interests from European clubs and retain one of their most prized assets for at least another season, Napoli are ready to break the club salary structure to keep Nigeria international, Victor Osimhen, PUNCH Sports Extra reports. According to Sunday’s edition of La Repubblica (as per Tutto Napoli), the Read More source https://punchng.com/napoli-aim-to-break-salary-structure-to-retain-osimhen/

Son kills Rivers mother with hoe

A 30-year-old man identified as Owate Bode has allegedly clubbed his mother to death for refusing his request of N20,000. The incident was said to have occurred in the Aleto community, the Eleme Local Government Area of Rivers State on Saturday. PUNCH Metro gathered that the boy asked his mother to withdraw N20,000 with his Read More source https://punchng.com/son-kills-rivers-mother-with-hoe/

How I’ll lead 10th Senate – Akpabio

The All Progressives Congress anointed candidate for 10th Senate President, Senator Goodswill Akpabio, has said the incoming administration required the support of dynamic legislative leadership to work together in order to achieve promises made to Nigerians. The former Akwa Ibom governor also pledged he would deploy multi-faceted, multi-dimensional and national approach to lawmaking if he Read More source https://punchng.com/how-ill-lead-10th-senate-akpabio/

American man breaks record for living underwater

An American professor has broken the record for the longest time living underwater without depressurisation at the Florida Keys Lodge for scuba divers. Joseph Dituri spent 74 days living in Jules’ Undersea Lodge which is situated at the bottom of a 30-foot-deep lagoon. He broke the record for the longest time living underwater while residing Read More source https://punchng.com/american-man-breaks-record-for-living-underwater/

Kemi Ashiru celebrated by friends, family at 60

Olukemi, the wife of the Ogun State Commissioner for Commerce and Industry and the Board Chairman of Odu’a Group, Bimbo Ashiru, celebrated her 60th birthday during the week, and it was indeed a memorable one. The event started with a thanksgiving service at the All Souls’ Church, Lekki, Lagos. Filled with praise and thanksgiving to Read More source https://punchng.com/kemi-ashiru-celebrated-by-friends-family-at-60/

Global spending on telecom to hit $1.54tn – Report

Worldwide spending on telecom services and Pay TV services is estimated to rise by two per cent, reaching a total of $1.54tn in 2024, according to International Data Corporation Worldwide Semiannual Telecom Services Tracker. The report revealed that globally, a total of $1.48tn was spent on telecom and Pay TV services in 2022, indicating 2.2 Read More source https://punchng.com/global-spending-on-telecom-to-hit-1-54tn-report/

Nigeria’s high production costs make imported goods cheaper – MAN DG

The Director-General, Manufacturers Association of Nigeria, Segun Ajayi-Kadir, tells TUNDE AJAJA and DANIEL AYANTOYE about the challenges facing manufacturers and what the incoming government can do differently to improve the business environment Business owners, whether small or large scale, have for years lamented the harsh business environment, would you say things have improved or not Read More source https://punchng.com/nigerias-high-production-costs-make-imported-goods-cheaper-man-dg/

Oke-Igbo monarch died as king despite removal – Daughter

Princess Toyosi Osungbade, a retired nurse and the first child of the late Oluoke of Oke-Igbo Kingdom in Ile-Oluji/Oke-Igbo Local Government Area of Ondo State, Oba Lawrence Babajide, who died shortly after he was sacked as a monarch by the Ondo State High Court, tells PETER DADA about her father’s reign How will you describe Read More source https://punchng.com/oke-igbo-monarch-died-as-king-despite-removal-daughter/

Hope for the deaf: The mechano-electric device that restores hearing

By 2050, the World Health Organisation says nearly 2.5 billion people globally will be living with some degree of hearing loss. Currently, nearly 1.5 billion people are affected. Data from the WHO further show that one billion young people are at risk of hearing loss due to recreational exposure to loud sounds. This implies a Read More source https://punchng.com/hope-for-the-deaf-the-mechano-electric-device-that-restores-hearing/

Buhari changes residence, aides move out belongings from Villa

We won’t wait for security officials harassment before packing – President’s aide Villa clinic relocated to N21bn presidential suite, Tinubu to decide new furniture With 17 days to the end of his regime, the President, Major General Muhammadu Buhari (retd.), has moved out of his official residence inside the Aso Rock Presidential Villa to the Read More source https://punchng.com/buhari-changes-residence-aides-move-out-belongings-from-villa/

Retired ACP seeks IG’s help to feed family

A retired Assistant Commissioner of Police, Simeon Ajisafe, has appealed to the Inspector General of Police, Alikali Baba, to expedite action on the payment of his entitlements. Ajisafe, who visited The PUNCH’s office in Ilorin, Kwara State, to drop the open letter which he addressed to the IG, lamented the non-payment of his entitlements for Read More source https://punchng.com/retired-acp-seeks-igs-help-to-feed-family/

CSO wants NPC to determine census date, not FG

The Executive Director, Civil Society Legislative Advocacy Centre, Auwal Rafsanjani, has said that the inability of the National Population Commission to determine when to conduct census is an indication of a lack of institutional strength and independence of the commission. Rafsanjani, who made this remark in a telephone interview with Saturday PUNCH on Thursday, criticised Read More source https://punchng.com/cso-wants-npc-to-determine-census-date-not-fg/

Before Stardom With… XBLAZE

How is life being a music producer? I started my career as a music producer in 2004. That is 19 years of creating great music in Nigeria and internationally. I am also a recording artist and it has been great, collaborating and working with different artists and producers from different parts of the world while Read More source https://punchng.com/before-stardom-with-xblaze/

GTCO shareholders approve N91bn dividend

Shareholders of Guaranty Trust Holding Company Plc, have endorsed payment of a total dividend of N91.24Bn, representing N3.10 per share for the financial year ended December 31, 2022. A statement said the endorsement was made at the holding company’s second annual general meeting on Thursday, virtually. The Group proposed a final dividend of N2.80 per Read More source https://punchng.com/gtco-shareholders-approve-n91bn-dividend/

Govt constitutes offences tribunal on illegal advertising

The Federal Government has constituted the Advertising Offences Tribunal and appointed a chairman and four other members to adjudicate over offences created under the Advertising Regulatory Council of Nigeria Act No.23 of 2022, Code of Advertising Practice, Standard of Practice, Proclamation, and other relevant enactments made pursuant to the Act. According to a statement by Read More source https://punchng.com/govt-constitutes-offences-tribunal-on-illegal-advertising/

North round-table session canvasses NASS leadership, says demand non-negotiable

…threatens to withdraw support for APC A round-table session which hosted a large section of Northerners, on Friday, threatened to withdraw support for the All Progressives Congress, if the region is not given the leadership of the National Assembly. This position, canvassed by the region was the outcome of a one-day round table with the Read More source https://punchng.com/north-round-table-session-canvasses-nass-leadership-says-demand-non-negotiable/

Emefiele urges institute to train risk management professionals

The Governor, Central Bank of Nigeria, Godwin Emefiele, has urged the Chartered Risk Management Institute of Nigeria to use its position to develop risk management professionals who will help to develop and implement effective risk management strategies in the economy. Emefiele spoke on Thursday in Lagos at the inauguration of the CRMI, which was formally Read More source https://punchng.com/emefiele-urges-institute-to-train-risk-management-professionals/

Manufacturers urge Lagos to address logistic, infrastructural challenges

The Apapa Branch of the Manufacturers Association of Nigeria has urged the Lagos State Government to come to the aid of its members by addressing issues bordering on logistics and infrastructure. The Chairman of MAN, Apapa Branch, Frank Onyebu, made the appeal on Tuesday during the 12th edition of the association’s business luncheon in Lagos. Read More source https://punchng.com/manufacturers-urge-lagos-to-address-logistic-infrastructural-challenges/

Who ate the fattest kidney: Buhari or Ekweremadu?

They call him a prophet. Bob Marley. In one of his timeless songs entitled WAR, he preaches, “Until the philosophy which holds one race superior and another inferior, is finally, and permanently discredited, and abandoned, everywhere is war, me say war…” The wailing Jamaican philosopher goes on to list other conditions for peace within the Read More source https://punchng.com/who-ate-the-fattest-kidney-buhari-or-ekweremadu/

Court decides FG’s suit against ASUU May 30

The National Industrial Court of Nigeria has reserved judgment for May 30 on the substantive application brought by the Federal Government challenging the eight-month strike of the Academic Staff Union of Universities. The presiding judge, Justice Benedict Kanyip, announced the date for judgment on Thursday after the parties in the matter adopted their written addresses Read More source https://punchng.com/court-decides-fgs-suit-against-asuu-may-30/

Ekweremadu: The law, the powerful and the weak

The conviction of Nigeria’s former Deputy Senate President, Ike Ekweremadu, his wife Beatrice Ekweremadu and a doctor, Obinna Obeta in London over conspiracy to commit an offence of human trafficking (organ trafficking)has elicited reactions from individuals, social-political groups and religious organisations. But there is nothing that they have said that Mr Justice Johnson of the Read More source https://punchng.com/ekweremadu-the-law-the-powerful-and-the-weak/

FG adopts new automotive industry development plan

The Federal Government has approved for implementation, the first-ever Nigeria investment policy, while adopting a new National Automotive Industry Development Plan that will span through 2023 to 2033. The Minister of Industry, Trade and Investment, Otunba Adeniyi Adebayo, said this in a statement by Mrs Oluwakemi Ogunmakinwa, Deputy Director of Information at the ministry. Adebayo Read More source https://punchng.com/fg-adopts-new-automotive-industry-development-plan/

Turkish presidential candidate withdraws from race

Third-party candidate, Muharrem Ince, on Thursday, withdrew from Turkey’s tight presidential election in a shock move that raised the chances of an opposition first-round victory. The 59-year-old announced his decision after being targeted by an online smear campaign that included doctored images of him meeting women and riding around in fancy cars. The secular nationalist Read More source https://punchng.com/turkish-presidential-candidate-withdraws-from-race/

Coy unveils recruitment portal for immigrants

Iquolify has unveiled a recruitment portal for skilled immigrants aiming to secure job opportunities in highly sought-after destinations like Canada, Europe and America. The portal was unveiled at a virtual event attended by On-Nigeria Director for MacArthur Foundation, Dr Kole Shettima, African award-winning actress, Kate Henshaw, Canadian Immigration Resettlement Expert, Tracy Docheff, IT experts, and Read More source https://punchng.com/coy-unveils-recruitment-portal-for-immigrants/

Tackling widespread hunger in Nigeria

EVIDENCE of hunger across the land is mounting in daily lived experiences, and increasingly confirmed by expert reports. The latest indication of the worsening food insecurity and pervasive privation in the country comes from the United Nations World Food Programme that issued an alarming report that 24.8 million Nigerians currently face acute hunger. In response, Read More source https://punchng.com/tackling-widespread-hunger-in-nigeria/

Fed Cup: 3SC, Enyimba, Akwa crash out

Enyimba of Aba, Akwa United and Shooting Stars Sports Club of Ibadan are the four Nigeria Professional Football League sides that crashed out of the Federations in the round of 32, The PUNCH reports. Four-time winners Enyimba were beaten by Plateau United 3-2 on penalties after regulation time ended 2-2 at the Samuel Ogbemudia stadium Read More source https://punchng.com/fed-cup-3sc-enyimba-akwa-crash-out/

FG approves N2.4bn for high-performance centre at Abiola stadium

The Federal Government, on Wednesday, in Abuja, approved the sum of N2.4bn for the construction of a new National Sports Medicine and High-Performance Centre at the Moshood Abiola Stadium in Lagos to be completed in 2026. The Minister of Youth and Sports Development, Sunday Dare, revealed this to journalists after the Council’s nearly eight-hour meeting Read More source https://punchng.com/fg-approves-n2-4bn-for-high-performance-centre-at-abiola-stadium/

Anambra police kill IPOB, ESN members, recover Ak47 rifles, charms

The Anambra State Police Command said it has neutralised five criminal suspects said to be members of the Indigenous People of Biafra and Eastern Security Network. The Commissioner of Police in Anambra State, Echeng Echeng, disclosed this at a press conference on Wednesday night. Echeng restated that the battle against insurgents in Anambra State is Read More source https://punchng.com/anambra-police-kill-ipob-esn-members-recover-ak47-rifles-charms/

Ogun communities petition IG over land grabbers’ activities

Traditional rulers in the Ewekoro Local Government Areas of Ogun State have raised the alarm over the activities of suspected land grabbers operating in their communities. While identifying the communities as Elere, Akorogbo and Onigbedu, the monarchs alleged that their livelihood has come under threat following the invasion of non-indigenes who have been laying claim Read More source https://punchng.com/ogun-communities-petition-ig-over-land-grabbers-activities/

Aggrieved Benue lawmakers shun Ortom’s pension bill

The controversial executive pension bill sent to the Benue State House of Assembly for consideration has suffered a setback  as members have suspended sitting due to non-payment of six months’ salary arrears and other allowances. Recall that the outgoing government of Governor Samuel Ortom had initiated an executive pension bill seeking to place ex-governors and Read More source https://punchng.com/aggrieved-benue-lawmakers-shun-ortoms-pension-bill/

Carragher compares Awoniyi to Drogba

Former Liverpool defender has likened Nigeria international, Taiwo Awoniyi, to former Chelsea and Ivory Coast striker Didier Drogba, following his impressive performance against Southampton on Monday, PUNCH Sports Extra reports. Awoniyi scored two goals to hand Nottingham Forest all three points in a pulsating 4-3 victory against their fellow relegation strugglers at the City Ground. Read More source https://punchng.com/carragher-compares-awoniyi-to-drogba/

Group canvasses oral hygiene

The KB KLUB of the College of Medicine, University of Lagos, has said poor oral hygiene can lead to chronic diseases, including hypertension and diabetes. Speaking at the General medical and dental outreach held by  KB KLUB and Alliance for Oral Health Across Borders at the Akerele Primary Health Center, Akerele, Surulere, General Secretary, KB Read More source https://punchng.com/group-canvasses-oral-hygiene/

Expert advocates more clinical trials in Africa

A multinational biotechnology healthcare company, Roche, has lamented the low inclusion of Africa in global pharma studies, revealing that only 2.4 per cent of patients from the continent are enrolled in annual global clinical trials. According to the company, African patients make up only about two per cent of genomic data for clinical trials despite Read More source https://punchng.com/expert-advocates-more-clinical-trials-in-africa/

King Charles III coronation: Buhari to stay one extra week in London

… for dental treatment The President, Major General Muhammadu Buhari (retd.), will spend one extra week in London, the United Kingdom, where he is undergoing dental treatment. Buhari “will remain in London, the United Kingdom, for an additional week, based on the advice of his dentist, who has started attending to him,” a statement signed Read More source https://punchng.com/king-charles-iii-coronation-buhari-to-stay-one-extra-week-in-london/

UN Director tells schoolgirls to compete with boys in sciences

The Director of the United Nations Information Centre, Ronald Kayanja, has implored girls and young women to aspire and acquire skills for careers in Science, Technology, Engineering and Mathematics as these are not exclusive professions for boys. Kayanja made this observation at the 2023 International Girls in ICT Day, organised by UNIC in collaboration with Read More source https://punchng.com/un-director-tells-schoolgirls-to-compete-with-boys-in-sciences/

Cop hospitalised as Ogun cultists, policemen clash

A police officer, SP Morakinyo Adejumo, has been hospitalised after suspected cultists clashed with men of the Ogun State Police Command in the Sagamu area of the state. The officer, who is the deputy officer-in-charge of the command’s Anti-Cultists Unit, was seriously injured by the cultists before they were subdued by policemen. No fewer than Read More source https://punchng.com/cop-hospitalised-as-ogun-cultists-policemen-clash/

Nigeria, others need $7.5bn to deepen LPG usage – Refiners

To displace charcoal with clean cooking gas, also known as Liquefied Petroleum Gas, would cost Nigeria and other countries in Africa about $7.5bn for downstream infrastructure and stoves, the African Refiners and Distributors Association has said. It also stated that the continent remained the lowest in per capita consumption despite its huge abundance of gas, Read More source https://punchng.com/nigeria-others-need-7-5bn-to-deepen-lpg-usage-refiners/

Tribunal: Tinubu, Atiku, Obi’s legal battle commences

The legal battle to overturn the election victory of the President-elect, Bola Tinubu, commenced on Monday with the Presidential Election Petitions Court promising to deliver justice ‘’for those deserving it.’’ The long-awaited pre-hearing proceeding, which was held at the Court of Appeal, Abuja, was presided over by Justice Haruna Tsammani, who gave the assurance that Read More source https://punchng.com/tribunal-tinubu-atiku-obis-legal-battle-commences/

Titan Trust to buy Union Bank minority shares

Titan Trust Bank Limited, the core investor in Union Bank, has announced its plans to acquire the shares of minority shareholders in the bank. This was disclosed in a corporate filing on the Nigerian Exchange Limited on Monday. The notice signed by the Company Secretary, Somuyiwa Sonubi, said “The transaction will be implemented by way Read More source https://punchng.com/titan-trust-to-buy-union-bank-minority-shares/

National Assembly: APC picks Akpabio, Abbas

The All Progressives Congress on Monday announced the immediate past Minister of Niger Delta Affairs, Senator Godwin Akpabio, as its consensus candidate for Senate presidency in the 10th Assembly. The ruling party also adopted the Chairman of the Senate Committee on Appropriation, Senator Jibrin Barau, as the next Deputy Senate President. The APC zoned the Read More source https://punchng.com/national-assembly-apc-picks-akpabio-abbas/

Reports Obi visited me for reconciliation inappropriate, diversionary — Soyinka

Playwright, Prof. Wole Soyinka, has termed as inappropriate and diversionary media reports that the presidential candidate of the Labour Party in the February 25, 2023 poll, Peter Obi’s visit to his Abeokuta, Ogun State residence on Sunday was for reconciliation. Soyinka spoke in a statement on Monday titled, “A visitation, and the allure of “reconciliation. Read More source https://punchng.com/reports-obi-visited-me-for-reconciliation-inappropriate-diversionary-soyinka/

Asset declaration: CCB tells Tinubu, others to submit forms before May 29

•Asset declaration ongoing in 36 states, no swearing-in without form submission – CCB •Bureau says defaulters risk removal from office, 40 Ogun politicians obtain forms Twenty-two days before the presidential inauguration, the Code of Conduct Bureau has said the President-elect, Asiwaju Bola Tinubu; the Vice President-elect, Kashim Shettima and 28 incoming governors must declare their Read More source https://punchng.com/asset-declaration-ccb-tells-tinubu-others-to-submit-forms-before-may-29/

Firm urges govt to subsidise mortgage

The Founding Partner of Diya Fatimilehin & Co, Gboyega Fatimilehin & Co, Gboyega Fatimilehin, has advised the government to subsidise mortgages in the country in order to address its housing gap. According to Fatimilehin, who spoke with our correspondent on the sideline of the firm’s 40th anniversary, in other countries mortgages are subsidised, adding Nigeria Read More source https://punchng.com/firm-urges-govt-to-subsidise-mortgage/

Nasarawa United relegated after Kwara defeat

Nasarawa United have been relegated to the Nigeria National League after a 1-0 defeat against Kwara United in Akure on match-day 17 of the abridged 2022/23 Nigeria Professional Football League on Sunday. Yahaya Ibrahim’s 82nd-minute goal condemned the Solid Miners to the second tier football for next season, after they had frantically tried to force Read More source https://punchng.com/nasarawa-united-relegated-after-kwara-defeat/

Enyimba, Wikki win big in NPFL run-in

Eight time champions, Enyimba, made a bold statement in their quest to seal a top-three finish in the abridged 2022/23 Nigeria Professional Football League with a 5-0 win over Gombe United in Aba on Sunday. The early match-day 17 kick off saw the current league top scorer, Emeka Obioma, bag a hat trick to take Read More source https://punchng.com/enyimba-wikki-win-big-in-npfl-run-in/

NDLEA intercepts 21,800 tramadol tablets, others

The National Drug Law Enforcement Agency says it has intercepted 21,800 tablets of tramadol in Adamawa and Edo. This is contained in a statement by the spokesperson of the agency, Mr Femi Babafemi and made available to newsmen in Abuja on Sunday. Babafemi said that a suspect, Sahabi Mohammed, 39, was arrested in connection with 8,800 Read More source https://punchng.com/ndlea-intercepts-21800-tramadol-tablets-others/

Coronation: Ositelu congratulates King Charles

The Primate of The Church of the Lord Worldwide (formerly Church of the Lord Aladura) and the President, World Council of Churches Africa, Archbishop Rufus Ositelu, has congratulated the newly coronated king of the United Kingdom and the 14 other Commonwealth Realms, King Charles III. In a letter addressed to the monarch, Ositelu also promised Read More source https://punchng.com/coronation-ositelu-congratulates-king-charles/

Castration will deter rapists – Ogun FIDA chairperson

Ogun State Chairperson of the Internationa Federation of Women Lawyers, Dr Oluwakemi Ayanleye, talks to DAUD OLATUNJI about the prevalence of sexual violence against women and girls in the state There have been several cases of gender-based violence against women and girls, including rape, defilement, and incest, in Ogun State. What is your take on Read More source https://punchng.com/castration-will-deter-rapists-ogun-fida-chairperson/

Nigerians be warned, avoid bleaching creams

THE recent warning on the alarming rate at which Nigerians use bleaching and other skin-lightening products by the Director-General of the National Agency for Food and Drug Administration Control, Mojisola Adeyeye, is timely. It confirms how deeply and widespread the menace has become in Nigeria and how ignorance of its deadly negative effects is extensive Read More source https://punchng.com/nigerians-be-warned-avoid-bleaching-creams/

Odd jobs funded my music career — Chibuike Obi

A budding singer, content creator and entrepreneur, Chibuike Obi, aka Buike, has recalled how he had to do many odd jobs in order to feed and fund his music career. He told Sunday Scoop, “I started off as an indigenous rapper in 2017 in Anambra State. My first freestyle on Facebook went viral, but I Read More source https://punchng.com/odd-jobs-funded-my-music-career-chibuike-obi/

Deloitte embraces blockchain tech

Deloitte is embracing blockchain tech with the integration of KILT blockchain technology for issuing reusable digital credentials to support KYC and KYB processes, a report by NewsNow has said. Off the back of the deal, the credentials have multiple use cases, including regulatory compliance for banking and Decentralized Finance, age verification for e-commerce, private logins Read More source https://punchng.com/deloitte-embraces-blockchain-tech/

Lens beat Marseille 2-1, pile pressure on champions PSG

Lens defeated Marseille 2-1 on Saturday to move to second place in Ligue 1 and pile pressure on crisis-hit leaders Paris Saint-Germain whose lead was cut to three points. The victory was Lens’ 15th at home this season in the league against just one defeat and one draw. Marseille slipped back to third in the Read More source https://punchng.com/lens-beat-marseille-2-1-pile-pressure-on-champions-psg/

Tinubu’s promise to fight corruption laughable – PDP

The Peoples Democratic Party has chided the President-elect, Bola Tinubu, over his remark in Port Harcourt, Rivers State, that his administration will be tough on corruption particularly in the public sector. Tinubu made the pledge in Port Harcourt on the invitation of the Rivers State Governor, Nyesom Wike, to inaugurate some projects. Reacting to the Read More source https://punchng.com/tinubus-promise-to-fight-corruption-laughable-pdp/

EP showcases my artistry — Kashcoming

A budding singer, Okekayode Ashiru, aka Kashcoming, has said that his recently released Extended Play album will showcase his ‘elegant artistry’. The artiste stated that the EP, which is his debut, will ‘establish his identity as a hit maker’. He told Saturday Beats, “I cannot wait to share this album with my fans. The seven-track Read More source https://punchng.com/ep-showcases-my-artistry-kashcoming/

Saying ‘No’ for healthy marriage, wellbeing

One of the greatest pleasures of marriage is the joy of fulfilling each other’s physical and emotional needs. However, marriage also brings changes and sometimes unpleasant surprises that may require that you stand firm and say no to your spouse. The word ‘No’ can be very difficult to communicate in some relationships if disagreeing with Read More source https://punchng.com/saying-no-for-healthy-marriage-wellbeing/

My marriage…with Akuidolo Orevaoghene (Forever)

How did you meet your wife? I met my wife on December 6, 2014, in front of the toilet after I had finished performing at an event organised by House on the Rock, Enugu. I went to use the restroom after my performance and on my way back, I saw this beautiful woman who caught Read More source https://punchng.com/my-marriage-with-akuidolo-orevaoghene-forever/