March 2025 – Page 121

Dangote refinery imports crude from Equatorial Guinea – Report

17.03.2025

The 650,000 barrels per day capacity Dangote Petroleum Refinery has bought its first cargo of Equatorial Guinea’s medium sweet, Ceiba crude. This is coming amid reports that the Nigerian National Petroleum Company Limited has supplied fresh cargoes of crude to the Dangote refinery. According to Argus Media, sources with knowledge of the matter said Dangote...

Nigeria’s $1.1bn loan request may be granted soon – W’Bank

17.03.2025

The World Bank may approve a total of $1.13bn in loans for Nigeria before the end of March 2025 as part of ongoing efforts to support the country’s economic resilience, health security, and education reforms. According to information published on the World Bank’s website, three key projects for Nigeria are at the stage of negotiation,...

PenCom fast-tracks retirement benefits payment process

17.03.2025

The National Pension Commission has sped up the payment of retirement benefits as indicated in a new policy directive to licensed pension fund administrators. According to the circular on Approval of Benefits to Holders of Retirement Savings Accounts by Licensed Pension Fund Operators, the changes were part of ongoing efforts to enhance operational efficiency and...

inDrive seeks specialised insurance for ride-hailing drivers

17.03.2025

Urban mobility platform inDrive has called for specialised motor insurance products that would take care of the needs of e-ride-hailing drivers. This position forms part of the submission made by the Government Relations Specialist, inDrive, Mary-Anne Momoh-Ige, at a webinar titled ‘Beyond Compliance: Demystifying Third-Party Motor Insurance—Legal Requirements, Coverage & Benefits, and Claims Administration,’ which...

Emuwa, others advocate women collaboration at UBA Business Series

17.03.2025

The Chairman of the Board of Directors of PUNCH Nigeria Limited, Mrs. Angela Emuwa, and panellists at the first Business Series of 2025 of the United Bank for Africa Plc on Thursday called on women to support themselves to break barriers and end pay inequality. The event, which doubles as the commemoration of the 2025...

Towers’ collapse plunges Rivers, Bayelsa into darkness

17.03.2025

The Transmission Company of Nigeria on Thursday announced that four towers along the Owerri-Ahoada 132kV Double Circuit line have been vandalised. The affected towers, T171 to T174, were compromised, which led to their collapse at approximately 6:23 pm on Tuesday, March 11, 2025. The development indicates that the power supply to the Ahoda, Gbarain, and...

Finance minister, NNPCL, others review naira-for-crude policy

17.03.2025

The Technical Sub-Committee on the Naira-for-Crude Policy met on Thursday at the Ministry of Finance Headquarters in Abuja to assess developments and reaffirm commitments to the policy framework, a senior government official told The PUNCH. The source, who spoke on condition of anonymity as he was not authorised to speak publicly on the matter, said...

Customs intercept undeclared $1.1m, SR135,900 at Kano airport

17.03.2025

The Nigeria Customs Service has intercepted $1.154m and 135,900 Saudi Riyals as undeclared foreign currency at the Mallam Aminu Kano International Airport. It announced this on Thursday in a statement issued by the Customs National Public Relations Officer, Abdullahi Maiwada. Maiwada said the seizure was made recently during a routine baggage check on an inbound...

Clark, Adebanjo: Two legends death could not kill (1)

17.03.2025

Tyranny of death and the indomitable spirit of mankind Death, shame on you. You have always killed the body, not the soul; never the legacy. Such is the fate of the last two men standing, Chief Edwin Kiagbodo Clark and Chief Ayo Adebanjo, who died few days from each other. Death and mankindLet us now...

SEC Cracks Down On Market Offenders

17.03.2025

In a decisive regulatory clampdown, the Securities and Exchange Commission (SEC) has revoked the registration of Mainland Trust Limited and imposed an immediate suspension on Centurion Registrars Limited, citing repeated non-compliance with regulatory directives. SEC, in separate circulars, reaffirmed its commitment to enforcing market discipline, stating that both firms had failed to resolve multiple complaints...

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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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Latest News

Dangote refinery imports crude from Equatorial Guinea – Report

Nigeria’s $1.1bn loan request may be granted soon – W’Bank

PenCom fast-tracks retirement benefits payment process

inDrive seeks specialised insurance for ride-hailing drivers

Emuwa, others advocate women collaboration at UBA Business Series

Towers’ collapse plunges Rivers, Bayelsa into darkness

Finance minister, NNPCL, others review naira-for-crude policy

Customs intercept undeclared $1.1m, SR135,900 at Kano airport

Clark, Adebanjo: Two legends death could not kill (1)

SEC Cracks Down On Market Offenders

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I apologise for saying no heaven without tithe – Adeboye

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