Author: News Room
The Lagos Chamber of Commerce and Industry has warned that the country cannot industrialise or expand manufacturing without solving its electricity challenges. It called on the Federal Government to refocus Nigeria’s development strategy on engineering, technical skills and a reliable power supply. The President of the LCCI, Leye Kupoluyi, said Nigeria’s failure to prioritise engineering capacity and technical competence continues to weaken the manufacturing sector and slow industrial growth. In an interview with The PUNCH, Kupoluyi stated that countries classified as developed earned that status through their engineering strength, manufacturing capacity and skilled human capital, despite mineral resources. He said,…
On-loan AC Milan winger Samuel Chukwueze has admitted that a lack of game time and continuity hampered his progress in Serie A before his move to Fulham, where he has since rediscovered his form, PUNCH Sports Extra reports. Chukwueze joined Fulham on a season-long loan from AC Milan in the summer, with the Premier League side holding an option to buy. According to Italian transfer expert Fabrizio Romano, the total package could rise to over €25m. The move followed a difficult two-season spell at Milan after the Nigerian international joined the Rossoneri from Spanish side Villarreal in the 2023 summer…
Crypto market sentiment remained in “extreme fear” on Friday, marking the 14th straight day that market sentiment has remained in the zone. The sentiment-tracking Crypto Fear & Greed Index fell three points to a score of 20 out of 100 on Dec. 26, hitting a two-week stretch of “extreme fear” that started on Dec. 13, making it one of the longest periods in the zone since the index launched in February 2018.Market sentiment has been trending down since early October after renewed US-China tariff fears wiped nearly $500 billion from the crypto market on Oct. 10. Source: Crypto Fear & Greed…
Several stars are taking the next step in their relationship in 2025 by making things official with their significant other. Former Good Morning America cohosts Amy Robach and T.J. Holmes announced their engagement on October 14. That same month, Rudy Mancuso proposed to Riverdale alum Camila Mendes after three years of dating. Thank You! You have successfully subscribed. In November, The Real Housewives of New Jersey star Dolores Catania also got engaged to boyfriend Paulie Connell that month. In December, news broke that Miley Cyrus and Maxx Morando got engaged after four years of dating. That same month, Jordyn Woods and NBA…
Nigerian government, through the Ministry of Foreign Affairs, has confirmed the military air strikes carried out by the US government on terrorists in north west Nigeria on Thursday. In a press release, the government confirmed its structured security cooperation and intelligence collaboration with the United States. It said the air strikes on terrorists in the north west was precise, targeting the hideouts of the criminals. The government warned that there will no longer be a place for violent extremists and terrorists in any region of the country, as their activities remain an affront to the country’s values. “Cooperation between Nigeria…
The former Minister of Information and Culture, Lai Mohammed, has donated copies of his book, “Headlines and Sound Bites: Media Moments That Defined an Administration,” to the library of Yaba College of Technology, Lagos. Speaking during the presentation to the Rector and management of the institution, Mohammed said the donation was part of his contribution to academic development. He disclosed that the gesture was also part of a broader initiative to donate the book to at least 20 institutions of higher learning across Nigeria. According to him, the book was written out of a strong conviction that Africans must tell…
The Presidency on Thursday dismissed as false claims suggesting that President Bola Tinubu has replaced his Chief of Staff, Femi Gbajabiamila, with his Principal Private Secretary, Hakeem Muri-Okunola. The Special Adviser to the President on Information and Strategy, Bayo Onanuga, in a statement, described the claim as “a fabrication by mischievous purveyors of fake news whose sole aim is to create disharmony within the government.” “There is absolutely no truth to this story. We advise Nigerians to disregard it entirely,” Onanuga stated. The presidential spokesman emphasised that both officials remain in their respective positions. “The Chief of Staff remains in…
A China-based clothier, identified simply as Obum, and about three other traders are still trapped under rubble following a fire that gutted a plaza popularly known as the Great Nigeria Insurance House, located in the Balogun Market area of Lagos Island. The plaza is renowned for the sale of clothing and shoes for both children and adults. PUNCH Metro reported on Wednesday that the fire started on the fourth floor and spread to the sixth floor of the 22-storey building. It later spread to other floors and adjoining structures. During a visit to the scene on Thursday, our correspondent observed…
In the ever-evolving landscape of artificial intelligence and technological innovation, few figures loom as large as Elon Musk. As the CEO of Neuralink, Tesla, SpaceX, and xAI, Musk has consistently pushed the boundaries of what’s possible, from electric vehicles to space travel. One of his most audacious ideas revolves around the preservation of human consciousness through advanced brain-computer interfaces. This concept, often dubbed “mind uploading”, envisions transferring the essence of a person’s mind, memories, thoughts, and personality into digital chips or robotic bodies, potentially granting perpetual existence. While Neuralink’s immediate goals focus on medical applications like treating paralysis and neurological…
The Managing Director of Coleman Technical Industries Limited, George Onafowokan, has projected that the relative macroeconomic stability will lead to sustained growth in the manufacturing sector in 2026. According to a statement, Onafowokan, also the chairman of the Ogun State Manufacturers Association of Nigeria, based this optimistic outlook on the economy, characterised by a steadier naira and a downward trend in inflation. He noted that the current economic growth rate, hovering between 3.4 and 3.9 per cent, provides a solid foundation for manufacturers to scale their operations in the coming year. While assessing the transition from the current year to…
