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Why fuel smuggling thrives despite subsidy removal

24.04.2025
The Nigeria Customs Service has shed light on the continued smuggling of petrol across the country’s borders, despite the elimination of fuel subsidies. According to the Comptroller General of Customs, Adewale Adeniyi, the practice remains attractive to smugglers due to the stark difference in fuel prices between Nigeria and its neighbouring countries. Speaking during the...
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Nigeria to host first AfCFTA Hackathon

24.04.2025
In its bid to deepen the implementation and unlock the full potential of the African Continental Free Trade Area in Nigeria, the country’s AfCFTA Coordination Office, under the leadership of the National Coordinator, Mr Olusegun Awolowo, has endorsed the launch of the first-ever AfCFTA Hackathon in Nigeria with a N20m grand prize. The initiative, led...
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OECD decries drop in international aid

24.04.2025
The Organisation for Economic Co-operation and Development has revealed that its preliminary data indicated that International aid from official donors fell in 2024 by 7.1 per cent in real terms compared to 2023, the first drop after five years of consecutive growth. The fall in Official Development Assistance was due to a reduction in contributions...
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Flight disruptions likely over NiMet workers’ strike

24.04.2025
Passengers at the Murtala Muhammed Airport, Lagos, and the Nnamdi Azikiwe International Airport, Abuja, have expressed worry as workers of the Nigeria Meteorology Agency vowed to embark on a nationwide indefinite strike from midnight on Tuesday. The development, according to operators and experts in the sector, could lead to flight disruption across the country should...
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Automobile firm expands to Nigeria

24.04.2025
Flamingo Car Care Tech Limited, manufacturer of automotive care products, has announced its expansion into Nigeria, bringing high-quality car maintenance solutions to vehicle owners, mechanics, and businesses across the country. The company, known for its advanced research and development in car care technology, has built a strong reputation in North America, Europe, and Asia. With...
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Nigeria’s rebased inflation to hit 37% in 2026 – IMF

24.04.2025
Nigeria’s headline inflation is projected to rise sharply to 37 per cent in 2026, according to the International Monetary Fund, which issued the forecast in its April 2025 World Economic Outlook report released on Tuesday. The IMF said the new projection follows the rebasing of Nigeria’s Consumer Price Index by the National Bureau of Statistics...
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Customs earn N1.75tn revenue from N36tn worth of trade

24.04.2025
The Nigeria Customs Service has said that the total trade value handled by the service in the first quarter of 2025 amounted to N36tn. The Comptroller-General of Customs, Adewale Adeniyi, stated this in Abuja while briefing journalists on the service’s activities in the first quarter of the year, where he also revealed that the agency...
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My Prophecy Has Come To Pass – Ossai

24.04.2025
A former Chairman of the House of Representatives Committee on Ethics and Privileges, Ossai Ossai, has said that his earlier prophecy that Delta State would be taken over by the ruling All Progressives Congress (APC) has finally come to pass. Ossai, who also chaired the House Committee on Treaties, Protocols and Agreements, made the remark...
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NLC Slams Power Minister Over Electricity Claims

24.04.2025
The Nigeria Labour Congress (NLC) has strongly criticized Minister of Power, Adebayo Adelabu, for his recent claim that 150 million Nigerians currently enjoy adequate electricity with a generation capacity of 5,500 megawatts. NLC President, Joe Ajaero, in a sharply worded statement on Tuesday, condemned the Minister’s assertion as “outrageous and misleading,” accusing the government of...
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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...

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Man who asked Tinubu to resign admitted in psychiatric hospital

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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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