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Dangote refinery exports jet fuel to Saudi Aramco

06.02.2025
The Dangote refinery says it has sold two cargoes of aviation fuel to Saudi Aramco, the national oil company of Saudi Arabia. A statement from the Lekki-based firm on Wednesday stated that the President of the Dangote Group, Alhaji Aliko Dangote disclosed this on Tuesday when the Nigerian Economic Summit Group visited the Dangote Fertiliser...
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CBN to sell $25,000 to BDCs weekly

06.02.2025
The Central Bank of Nigeria has issued new guidelines restricting Bureau de Change operators to purchasing a maximum of $25,000 per week from a single authorised dealer bank as part of efforts to regulate the retail foreign exchange market and enhance transparency. The directive, outlined in a circular on Wednesday from the Trade and Exchange...
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Another Oil Spill Reported In Niger Delta

06.02.2025
An oil spill was reported in Port Harcourt Rivers State on Tuesday, February 4, New Telegraph reports. According to Reuters, Shell Nigeria reported the oil spill from its facility in Ogale, close to Port Harcourt. It was said that the spill occurred, following the overflow of a saver pit during flushing operations in the Niger...
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Tourism firm advocates policy support for sector

06.02.2025
The Chairman of the Board of Directors of Dees Travels, Professor Sunday Adebisi, is drumming up support for tourism policies to unlock the sector’s potential. Speaking at the sideline of the company’s get-together party, organised for its management, staff, stakeholders, and shareholders in Lagos recently, Adebisi observed that Nigeria has what it takes to conveniently...
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Experts Demand Realistic Economic Future for A’Ibom

06.02.2025
Concerned Akwa Ibom Professionals in Lagos (CAKPIL) has called for urgent economic diversification to shield the state from the uncertainties of global economic shifts, including fluctuating oil prices and the potential resurgence of Trump-era policies in the United States. The group made this call during its Policy Discussion Webinar yesterday which focused on Nigeria’s economic...
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Govt releases power tariff hike guidelines for Discos

06.02.2025
As controversies trailed the purported electricity tariff hike by the Federal Government, the Nigerian Electricity Regulatory Commission has issued regulations on the procedure for tariff reviews. The latest order, signed by NERC Chairman, Sanusi Garba, stated that pursuant to the provisions of the Electricity Act 2023, the commission is obligated to review and approve a...
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Excess liquidity hurts push for lower inflation

06.02.2025
SAMI TUNJI examines Nigeria’s rising inflation crisis, the impact of excess liquidity, among other factors, further spotlighting efforts by the Central Bank of Nigeria to curb it through monetary tightening, stressing the need for fiscal-monetary coordination, structural reforms, and enhanced financial discipline to stabilise Nigeria’s economy Nigeria’s battle with inflation remains one of the most...
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Skepta Reacts As Portable Calls Out Olamide, Asake, Davido

06.02.2025
United Kingdom (UK) based Nigerian rapper, Joseph Olaitan Adenuga popularly known as Skepta has reacted to the ongoing drama surrounding controversial Afrobeat singer, Habeeb Okikiola Badmus, better known as Portable, who recently called out industry heavyweights Olamide, Asake, and Davido in a series of viral posts. Portable’s latest tirade stems from allegations against Olamide favouring Asake...
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I apologise for saying no heaven without tithe – Adeboye

04.10.2024
The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has apologised for saying that Christians who don’t pay tithe might not make it to heaven. Adeboye who had previously said that paying tithe was one of the prerequisites for going to heaven, apologised for the comment while addressing his congregation Thursday...

Protesters storm Rivers electoral commission, insist election must hold

04.10.2024
Angry protesters on Friday stormed the office of the Rivers State Independent Electoral Commission, singing and chanting ‘Election must hold’. They defied the heavy rainfall spreading canopies, while singing and drumming, with one side of the road blocked. The protest came after the Rivers State governor stormed the RSIEC in the early hours of Friday...

Man who asked Tinubu to resign admitted in psychiatric hospital

04.10.2024
The Adamawa State Police Command has disclosed that the 30-year-old Abdullahi Mohammed who climbed a 33 kv high tension electricity pole in Mayo-Belwa last Friday has been admitted at the Yola Psychiatric hospital for mental examination. The Police Public Relations Officer of the command SP Suleiman Nguroje, told Arewa PUNCH on Friday in an exclusive...

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