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NNPC refineries will never work again – Obasanjo

As the Nigerian National Petroleum Company Limited continues its search for technical partners to operate the Port Harcourt, Warri, and Kaduna refineries, former President Olusegun Obasanjo has once again insisted that the facilities will never work. Obasanjo spoke during a television interview aired on Saturday night by Sony Irabor Live, which was monitored by our...
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Dangote refinery expansion to create 95,000 jobs

The President of the Dangote Group, Aliko Dangote, has announced that the expansion of the Dangote Petroleum Refinery to a production capacity of 1.4 million barrels per day will generate employment for no fewer than 95,000 skilled workers at peak construction. According to a statement by the firm, Dangote disclosed this on Saturday in Lagos...
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Party Conventions, Democracy And Rule Of Law

The dust may not have fully settled on the conventions of what is gradually emerging as the three main political parties in the country, the All Progressives Congress (APC), African Democratic Congress (ADC) and Peoples Democratic Party (PDP), gearing up for the fast-approaching 2027 elections. Yet, somehow, the unfolding fallouts of those conventions remind me...
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NGX Extends Trading Hours, Market Now Closes at 4pm

The Nigerian Exchange Limited has officially commenced its expanded trading session, extending daily market hours from the previous 9:30 a.m.–2:30 p.m. window to a new 9:00 a.m.–4:00 p.m. schedule. The change, which adds more than three hours of trading time, took effect on Monday, April 27, 2026. NGX confirmed this in a statement on its...
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Transcorp Power announces N41.2bn dividend for investors

Transcorp Power Plc has announcing N41.2bn total dividend payout to its shareholders, solidifying its position as a cornerstone of Nigeria’s energy sector. The announcement was made during the company’s 13th Annual General Meeting held in Abuja. The dividend package reflects the company’s robust performance throughout the 2025 financial year. Shareholders are set to receive a...
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FCMB & BOI Loans Power Pharma Plant Expansion in Nigeria

Sam Pharmaceutical Limited has inaugurated a new manufacturing facility in southwestern Nigeria, significantly expanding local drug production capacity as the country intensifies efforts to reduce dependence on imported medicines. The plant, situated in Ota, Ogun State, complies with World Health Organisation Good Manufacturing Practice standards and was financed with support from First City Monument Bank...
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Afreximbank funds three new Nigerian refineries

The Senior Executive Vice President of African Export-Import Bank, Mr Denys Denya, has said the bank is financing three additional refineries in Nigeria as part of efforts to cut the country’s dependence on imported petroleum products. Speaking during a virtual media briefing on Monday, Denya said the intervention forms part of a broader strategy to...
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NRS Debunks Viral Infographic on New Vehicle Tax

The Nigeria Revenue Service has described as false and misleading a viral infographic claiming that a new vehicle tax has been imposed by the Federal Government, effective July 1. The NRS made this known in a statement by Mr Dare Adekambi, Special Adviser to the NRS Chairman, Dr Zach Adedeji, and spokesperson for the service....
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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...