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New Figures, Investor Appeal, Fiscal Cla

Nigeria is preparing to release its rebased Gross Domestic Product figures in 2025 for the first time in more than a decade, which analysts say could catalyse investment and improve its attractiveness to investors, development partners, and global financial markets. The National Bureau of Statistics announced the plan in October 2024 and initially targeted the...
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N40m Investment in Nigerian Tech Skills Development

Start Innovation Hub, a leading force in Nigeria’s tech ecosystem, has announced a significant N40m commitment towards scholarships and discounts for digital skills training. This investment, according to a statement from the firm on Thursday, aims to bridge the nation’s tech skill gap and empower its youth. “The overwhelming response from our community regarding scholarships...
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Bello appointed chairman of tourism tribunal

Justice Ishaq Bello (retd) has been appointed as Chairman of the newly inaugurated Hospitality, Tourism & Travel Tribunal, established by the National Institute for Hospitality and Tourism to enforce standards and resolve disputes in Nigeria’s tourism sector. In a statement on Wednesday, the National Institute for Hospitality and Tourism announced the formal inauguration of the...
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Nigeria to Deport Foreign Cybercriminals

The Executive Chairman of the Economic and Financial Crimes Commission, Ola Olukoyede, has announced that foreign cybercriminals arrested in Nigeria will be deported to their home countries once they have served their jail sentences. Speaking at the opening of a two-day National Cybersecurity Conference in Abuja on Wednesday, Olukoyede emphasised the increasing threat of cybercrime...
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Dangote Refinery to End Crude Imports by 2025

The Dangote oil refinery is expected to lift 10 cargoes of crude oil from the Nigerian National Petroleum Company Limited between July and August, a report by Bloomberg has said. This is as the facility plans to end crude importation by December 2025. The refinery is willing to rely fully on Nigerian crude by the...
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IPPG Backs Tinubu, Names New Chairman

The Independent Petroleum Producers Group has applauded President Bola Tinubu’s administration for what it described as “unprecedented” reforms in Nigeria’s oil and gas industry, citing responsive governance and strategic leadership appointments as key milestones. Speaking at the just-concluded NOG Energy Week in Abuja, IPPG Chairman Abdulrazaq Isa praised the administration’s delivery on long-standing industry demands,...
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Dangote Plans 1.6m Barrel Fuel Storage in Namibia

The Dangote Petroleum Refinery has initiated plans to establish large-scale fuel storage facilities in Namibia, with a projected capacity of at least 1.6 million barrels of gasoline and diesel. According to two industry sources who spoke to Reuters on Wednesday, the project is part of the refinery’s broader strategy to expand its footprint beyond Nigeria...
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TotalEnergies Boosts Nigeria Gas Output by 70,000bpd

TotalEnergies has reaffirmed its commitment to Nigeria’s energy sector with the announcement of the Ubeta gas project, now in the execution phase. The onshore project, located in OML 58, is expected to deliver around 70,000 barrels of oil equivalent per day, including condensates, with first gas targeted by 2027. This was disclosed by the Country...
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Petroleum Award Honors Kenyon CEO for Energy Leadership

The Society of Petroleum Engineers International has presented its Africa Legacy Leadership Award to the Chief Executive Officer of Kenyon International, Victor Ekpenyong. The award was conferred during the Africa Technology Conference held in Tanzania recently, recognising individuals who have made notable contributions to the continent’s energy sector. A statement by the company stated that...
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FG Donates Life Jackets to Ogun Waterways

Determined to enhance waterways safety, the Federal Government, through the Minister of Marine and Blue Economy, Adegboyega Oyetola, has donated life jackets to the Ogun State Government for waterways operators in the state. In a statement on Tuesday, Oyetola, while handing over the life jackets, assured inland waterways users that the ministry will stop at...
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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...