March 2026 – Page 22

Lafarge Africa empowers 100 women in construction skills

30.03.2026

Lafarge Africa Plc, a building solutions provider, has announced the successful graduation of 100 women through its BuildHer by Lafarge 2025 Female Tilers and Block Laying Training initiative across Nigeria. A statement from the firm on Sunday stated that the training initiative is part of Lafarge Africa’s broader corporate social responsibility efforts aimed at equipping...

Nigeria Urges Businesses to Accelerate E-invoicing Adoption

30.03.2026

The Federal Government has urged businesses to accelerate preparations for mandatory electronic invoicing, as authorities push ahead with an ambitious overhaul of the country’s tax administration system aimed at improving compliance and modernising revenue collection. The appeal was made at the recent Nigeria Revenue Summit in Lagos, organised by Interswitch Group under the theme “Winning...

FG, GenCos Disagree Over Electricity Debt Reconciliation

30.03.2026

The Federal Government and power generation companies have disagreed over the reconciliation of debts in Nigeria’s electricity market, with both sides offering differing accounts of the actual liabilities owed to the GenCos. The Minister of Power, Adebayo Adelabu, said the actual debt owed to generation companies may be significantly lower than widely reported, as ongoing...

Dangote Refinery Denies IPO Listing, Cautions Public

30.03.2026

Dangote Petroleum Refinery and Petrochemicals has clarified that it has not announced any Initial Public Offering for its listing, warning the public against relying on speculative reports circulating across media and social platforms. In a statement issued by its management, the company said it had observed the “recent circulation of unauthorised information across various media...

Why Nigeria’s Petrol Prices Aren’t as Cheap as They Seem

30.03.2026

An economist and former Senior Special Adviser to the President of the African Development Bank on Industrialisation, Banji Oyelaran-Oyeyinka, has said comparisons suggesting that petrol is cheap in Nigeria are misleading, describing them as a “fallacy of one price petrol comparison.” Oyelaran-Oyeyinka said the global economy was currently facing a major shock, noting that “the...

Business

Nigeria urged to prioritise policy stability for growth

30.03.2026

Stakeholders in Nigeria’s economy have called for sustained policy consistency to anchor investor confidence and drive growth, warning that credibility and predictability remain critical to achieving sustainable prosperity. Speaking at the recent public presentation of the WorldStage Nigeria’s Macroeconomic Outlook 2026, titled ‘Turning the Corner’, in Lagos, the President of the Nigerian Association of Chambers...

SME Energy Costs Gulp 60% of Profits, Union Warns

30.03.2026

Small and Medium Enterprises across the country are struggling to survive as rising energy costs continue to eat deep into their profits, the President of the Association of Small Business Owners, Femi Egbesola, has said. He warned that many businesses are already shutting down, while others operate below capacity due to soaring fuel and electricity...

Business

Mideast Tensions Threaten Nigeria’s Pharma Export Earnings

30.03.2026

Nigeria’s chemical and pharmaceutical manufacturers face the highest risk from the ongoing US–Israel–Iran conflict, the Manufacturers Association of Nigeria has warned, citing their heavy exposure to global oil price shocks and export dependence on the United States market. In a position paper made available to Saturday PUNCH on Friday on the implications of the crisis,...

Plateau Imposes 48-Hour Curfew On Jos North After Deadly Attack

30.03.2026

…Many killed, others injured The Plateau State Government has imposed a 48-hour curfew on Jos North Local Government Area following a deadly security breach that claimed lives and left several others injured in the Angwan Rukuba community. The tragic incident, which occurred on Sunday at Gari Ya Waye, has heightened tension across the area, prompting...

Umahi Urges Continuity for Completion

30.03.2026

The Minister of Works, David Umahi, on Friday urged stakeholders and host communities along the Bodo-Bonny corridor to support the re-election of President Bola Tinubu, saying continuity would be critical to the completion of the second phase of the strategic road project. Umahi made the call at the Medallion Award Ceremony organised by the Bodo-Bonny...