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Vitamin D May Help Prevent Diabetes –Study

A new study has revealed a promising twist in the prevention of type 2 diabetes: vitamin D may reduce risk—but not for everyone. Researchers found that its protective effect depends on a person’s genetic makeup, opening the door to more personalised approaches in public health and medicine. Results of the study are published in ‘JAMA...
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Nigeria & Ghana lead African small-cap rally in 2026

African equities markets have entered a transformative phase in 2026, with small-cap stocks emerging as the primary engine of growth across the continent’s frontier bourses. Data obtained by The PUNCH from Kenya Wall Street on Sunday reveals a historic rally characterised by triple-digit gains, particularly within the Nigerian and Ghanaian financial sectors. This surge highlights...
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NUPRC board resumes, pledges key Nigerian oil reforms

The newly inaugurated board of the Nigerian Upstream Petroleum Regulatory Commission on Tuesday formally resumed duties, pledging to strengthen the agency’s capacity to deliver on its statutory mandate at a time of heightened global oil market uncertainty. This was contained in a statement issued by the Commission’s Head of Media and Corporate Communications, Eniola Akinkuotu....
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Inefficient refineries should be closed, says Dangote CEO

The Managing Director/Chief Executive Officer of the Dangote Petroleum Refinery, David Bird, has said the global oil and gas industry is undergoing a structural shift that will increasingly favour modern, highly efficient refining systems, arguing that older and less efficient refineries need to close down to help the planet. He made the submission in Lagos...
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Foreign Currency Taxes in Nigeria Hit N6.33tn Amid Volatilit

Nigeria’s foreign currency-denominated tax receipts rose sharply to N6.33tn in 2025, reflecting increased contributions from multinational firms and exchange rate effects, an analysis of data released by the National Bureau of Statistics has shown. The figure represents a 27.3 per cent increase from N4.97tn recorded in 2024, highlighting a growing reliance on foreign-currency-linked tax inflows...
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What It Means for Global Oil Markets

The United Arab Emirates has formally announced its decision to withdraw from the Organisation of the Petroleum Exporting Countries and the broader OPEC+ alliance, marking a significant shift in global oil politics amid heightened tensions in the Middle East. The decision, which will take effect from May 1, 2026, was disclosed in a statement issued...
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Nigerian Exchange Posts 61.7% Growth In Turnover To N3.607trn

…transactions largely driven by domestic investors Trading activity on the Nigerian Exchange Limited in the first quarter of 2026 signals a clear transition in market structure, with a more stable and domestically anchored investor base replacing the sharp, foreign-driven volatility that characterised the same period in 2025. Latest data on domestic and foreign portfolio investment...
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Court stops telcos from suspending airtime credit services

Millions of Nigerian telecom subscribers may soon regain access to airtime and data credit services after separate Federal High Court orders in Abuja and Lagos restrained enforcement actions tied to digital lending regulations. The Federal High Court in Abuja, in a ruling delivered on April 24, 2026, restrained the respondents—telecommunications firms, MTN Nigeria Communications Plc...
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UAE Announces Exit From OPEC, OPEC+

The United Arab Emirates (UAE) yesterday announced its withdrawal from the Organisation of Petroleum Exporting Countries (OPEC) starting May 1. It made the announcement to leave the oil cartel via the state-run WAM news agency, citing “nearterm volatility” in the market and a desire to ramp up investment in domestic energy production. According to Forbes,...
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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...