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NMDPRA, FCCPC urged to protect fuel importers

24.04.2025
A call has been made to the Nigerian Midstream and Downstream Petroleum Regulatory Authority and the Federal Competition and Consumer Protection Commission to protect traders’ rights to import petroleum products into the country. This comes amid concerns that depot owners and importers may go out of business due to the country’s growing local refining capacity....
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NCDMB pledges to support Renaissance Energy

24.04.2025
The Executive Secretary of the Nigerian Content Development and Monitoring Board, Felix Ogbe, has expressed total support for the vision and long-term plan of Renaissance Africa Energy Company Limited following the consortium’s acquisition of the onshore oil assets of the Shell Petroleum Development Company. Addressing a delegation of the company during a recent visit to...
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Nigeria’s revenue at risk amid global tension – IMF

24.04.2025
•Forensic audit of NNPCL underway, says minister The International Monetary Fund has warned the Federal Government to remain vigilant in the face of mounting global trade tensions and tightening financial conditions, cautioning that Nigeria’s earnings from commodity exports could decline significantly if global demand weakens. The warning was issued during the Global Financial Stability Report...
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MOJEC boss bags energy award

24.04.2025
The Group Managing Director of MOJEC International and Chief Executive Officer of Virtuitus Solaris, Chantelle Abdul, has been honoured for her contributions to the power sector. Abdul recently bagged the Most Influential Personality of the Year 2024 at the Energy Times Awards in recognition of her leadership and contributions to energy security in Nigeria. In...
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Terminal operators decry weak enforcement of waterways safety

24.04.2025
The Association of Bonded Terminal Operators of Nigeria has said that despite the government’s efforts to tackle waterway accidents, poor enforcement of safety regulations may still put so many lives at risk. The General Secretary of ABTON, Haruna Omolajomo, stated this in a recent chat with journalists in Lagos. Omolajomo maintained that as a regulatory...
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FG warns refineries, others against poor waste disposal

24.04.2025
The Nigerian Midstream and Downstream Petroleum Regulatory Authority has warned refineries, depot owners, and other players in the downstream and midstream sectors against poor waste management. This information was contained in an April 3, 2025, memo with Ref no: NMDPRA/HQ/HSEC.02/2025/181, sent to all midstream and downstream waste management service providers and licensees. The memo, signed...
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Influence fiscal policy, CITN urges new tax professionals

24.04.2025
The President of the Chartered Institute of Taxation of Nigeria, Mr Samuel Agbeluyi, has charged incoming tax professionals to see their roles as critical to shaping Nigeria’s fiscal policies and building a more efficient tax system. Agbeluyi gave the charge on Tuesday at the opening of the April 2025 Pre-Induction Orientation Programme held in Abuja....
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E-hailing drivers plan strike over anti-labour practices

24.04.2025
E-hailing drivers comprising Bolt, Uber, Indrive, among other app-based drivers in Lagos, have threatened to halt operations by May 1, 2025, in protest against what they described as poor working conditions and anti-labour practices. This was made known through a statement signed by the Public Relations Officer of the Amalgamated Union of App-Based Transporters of...
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Enugu airport concession 70% completed – Govt

24.04.2025
The Enugu State Government has announced that the concession process for the Akanu Ibiam International Airport is over 70 per cent completed and should be concluded by the second quarter of 2025. This was revealed by the State Commissioner for Transportation, Dr Obi Ozor, during a television interview on Enugu Kwenu, a programme aired on...
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Currency in circulation drops to N5tn – Report

24.04.2025
The total amount of naira in circulation decreased to N5tn as of March 2025, marking a decline from N5.04tn recorded in February 2025. This represents a further reduction from N5.24tn in January 2025, according to the latest money and credit statistics on the website of the Central Bank of Nigeria. Naira in circulation is the...
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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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