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Cheap Fuel: Marketers Seek Foreign Imports

Oil marketers say they have commenced negotiations with international traders to import cheaper Premium Motor Spirit (petrol) into Nigeria to remain competitive in the business. This is even as the Independent Petroleum Marketers Association of Nigeria and oil workers insisted that the price of petrol from the Dangote Petroleum Refinery should be cheaper than N825...
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Slow Digital Adoption by Electricity Firms — NESG

The Chief Executive Officer of the Nigerian Economic Summit Group, Tayo Aduloju, says electricity distribution companies and the public sector are still lagging behind in terms of digital adoption. Aduloju stated this in Lagos on Tuesday at a biennial lecture organised by the Chartered Institute of Directors in honour of its President and Chairman of...
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Tinubu Addresses African Energy Experts

President Bola Tinubu will address delegates at the 2025 African Energy Week in South Africa in September. Themed ’Invest in African Energies’, the AEC announced in a statement that Tinubu would address delegates at the energy event in Cape Town. Tinubu’s participation comes as Nigeria undergoes one of the most ambitious reform drives in its...
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Obi Criticises Tinubu’s Benue Visit

Presidential candidate of the Labour Party (LP) and former Anambra state governor, Peter Obi criticized President Bola Tinubu’s recent visit to Benue State, describing it as lacking compassion and failing to reflect the gravity of the tragic loss of lives. In a post on his official X handle on Thursday, Obi expressed disappointment over the...
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N1.18tn Market Surge on Oil, Insurance Boost

The Nigerian Exchange closed on a positive note on Wednesday, as buying interest in insurance and oil and gas stocks drove a broad-based rally, resulting in a market capitalisation gain of N1.18tn, the largest single-day rise recorded so far this week. At the close of trading, the All-Share Index surged by 2,246.00 points, representing a...
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Tinubu Set To Inaugurate Key Projects In Kaduna

President Bola Tinubu is expected in Kaduna State on Thursday, June 19 for the inauguration of several key developmental projects executed by the administration of Governor Uba Sani. Tinubu’s visit to Kaduna State was rescheduled from Wednesday to Thursday, due to the recent attacks in Benue, he shifted his trip. The visit forms part of...
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Firm Inaugurates Housing Scheme For Residents In Rivers

The IM Properties, a real estate trademark of IM INTERCONTINENTAL LTD, has launched its “Affordable Housing Project”, signaling a transformative step towards closing the region’s housing gap. The project was inaugurated yesterday during a stakeholders meeting in Port-Harcourt, with the theme “A Paradigm Shift,” an initiative aimed at repositioning access to decent housing as a...
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I apologise for saying no heaven without tithe – Adeboye

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

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

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...