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NCDMB urges IOCs to engage local companies

22.05.2025
The Executive Secretary of the Nigerian Content Development and Monitoring Board, Felix Ogbe, has called on international oil companies to engage local companies for their projects. Ogbe stated this yesterday at the ongoing Nigerian Oil and Gas Opportunity Fair organised by the NCDMB in Yenagoa, Bayelsa State. Themed ‘Driving Investment and Production Growth: Shaping a...
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FG tasks new AMCON board on bad loans

22.05.2025
The Federal Government has inaugurated a new board for the Asset Management Corporation of Nigeria, charging its members to adopt a firmer approach to the recovery of non-performing loans. Speaking during the inauguration ceremony held on Wednesday in Abuja, the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, called on the new...
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NASS workers demand return to contributory pension scheme

22.05.2025
Workers of the National Assembly Service Commission have called for their re-enrolment into the Contributory Pension Scheme, two years after a law removed them from the scheme. Their demand was made known on Tuesday at a stakeholder engagement session on the review of the Pension Reform Act 2014, organised by the House of Representatives Committee...
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NECA warns against overreliance on monetary tools

22.05.2025
The Nigeria Employers’ Consultative Association has expressed concern about the Central Bank of Nigeria’s continued reliance on monetary policy tightening. NECA stated this in a statement on Wednesday by its Director-General, Mr Adewale Oyerinde, following the Monetary Policy Committee’s decision to retain the Monetary Policy Rate at 27.50 per cent. According to Oyerinde, while the...
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Nigerian firm leads energy in FT Africa ranking

22.05.2025
Winock Solar has been ranked Africa’s fastest-growing energy company, following its inclusion in the 2025 Financial Times list of Africa’s Fastest-Growing Companies. The Nigerian renewable energy firm disclosed this in a statement on Wednesday, noting that it was ranked 15th overall in Africa, 6th in Nigeria, and 1st in the energy sector. The company said...
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Keyamo, stakeholders set for aviation book launch

22.05.2025
The Minister of Aviation and Aerospace Development, Festus Keyamo, has confirmed attendance for the launch of a book, ‘100 Years of Civil Aviation In Nigeria: History, Issues and Prospects’, taking place in Lagos on Friday, May 23, 2025. The author of the book and aviation editor with New Telegraph Newspaper, Wole Shadare, disclosed this in...
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UBA named strongest Nigerian brand

22.05.2025
United Bank for Africa Plc has emerged as the strongest Nigerian brand in the 2024 Brand Finance ranking, climbing from the ninth position last year to the top spot in the latest report. The ranking, compiled by Brand Finance, a global independent brand valuation consultancy, rated UBA with a score of 92.4 out of 100,...
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Petrol price war closes nearly 5,000 fuel stations

22.05.2025
Over 4,900 petrol retail outlet owners have shut down their businesses, as thousands of independent marketers are currently scaling down operations, oil dealers in the downstream sector have said. They attributed this to rising financial losses from unpredictable and volatile costs in the price of Premium Motor Spirit (petrol) sold by the Dangote Petroleum Refinery...
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Dangote supports Benue women entrepreneurs with cash grants

22.05.2025
In a boost for women entrepreneurship in Nigeria, Dangote Cement Plc has empowered businesswomen in host communities in Benue State with cash grants, thus deepening business activities in the state. The women empowerment programme came months after Dangote Cement in Gboko increased bursary payments to students of host communities by more than 100 per cent,...
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Luft Pay TV debuts in Lagos

22.05.2025
Luft Pay TV has launched in Lagos, officially making its entry into Nigeria’s competitive pay television market with the promise of accessible, affordable, and locally-relevant entertainment. The firm stated in a statement on Wednesday that the launch event brought together media executives, content creators, and industry stakeholders. Speaking at the unveiling, the Head of Corporate...
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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
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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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