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STOAN CEO Vicky Haastrup Wins Entrepreneur of the Year Award

The Chairman of the Seaport Terminal Operators of Nigeria and Executive Vice Chairman/Chief Executive Officer of ENL Consortium Limited, Olori Vicky Haastrup, has been named Vanguard Woman Entrepreneur of the Year. According to a statement on Monday, the award was in recognition of her outstanding contributions to Nigeria’s maritime and business landscape. The statement explained...
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Champion Breweries grows revenue by 69% after expansion

Champion Breweries Plc has released its unaudited financial results for the three months ended March 31, 2026, presenting its first consolidated Group financial results following its recent expansion. The Group reported revenue of N14.36bn, a 69 per cent increase compared to the prior year, driven by the consolidation of its newly acquired subsidiary. Operating profit...
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West Africa Advances Toward a Unified Electricity Grid

Nigeria and other West African countries have stepped up efforts to achieve a fully synchronised regional electricity grid, as operators intensify technical coordination ahead of a major June 2026 milestone. This followed a high-level working visit by the West African Power Pool to the National Control Centre in Osogbo, where critical system studies, operational protocols,...
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NRS Recovers N80bn from Illicit Financial Flows in Nigeria

The Nigeria Revenue Service has stated that it recovered over N80bn from illicit financial flows within a three- to five-year window. It urged private sector operators to strengthen due diligence and help curb capital flight. The Head of Anti-Graft and Law Enforcement Liaison at the NRS, Idris Abdullahi, warned of economic losses from illicit financial...
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Tinubu Commends Cardoso as Banking Reforms Lift Confidence

President Bola Tinubu has commended the Governor of the Central Bank of Nigeria, Olayemi Cardoso, citing ongoing reforms at the apex bank as part of efforts to stabilise the economy and support long-term growth. Speaking after the March 31, 2026, deadline for bank recapitalisation, in a recent video clip, Tinubu described Cardoso as committed and...
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Media’s key role in driving Nigeria’s maritime growth

Maritime stakeholders have highlighted the strategic role of media in the growth of the nation’s maritime sector. The stakeholders made this assertion in Lagos last week during a reception organised by the Maritime Reporters Association of Nigeria in honour of its past presidents. Speaking at the event, a former Minister of Interior, Capt. Emmanuel Iheanacho,...
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Power Retirees Ask Tinubu to Intervene on Withheld Pensions

Retired workers in Nigeria’s electricity sector on Wednesday appealed to President Bola Tinubu to intervene in what they described as years of withheld pension benefits, unpaid arrears, and discriminatory treatment against pensioners of the defunct National Electric Power Authority and Power Holding Company of Nigeria. Speaking at a press conference in Lagos, the South-West zone...
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Ingentia Energies Targets 30,000bpd Oil Production by 2030

Ingentia Energies has unveiled plans to raise its oil production to 30,000 barrels per day by 2030. This was as the Nigerian Upstream Petroleum Regulatory Commission reaffirmed its commitment to strengthening indigenous participation in Nigeria’s oil and gas industry while insisting on strict regulatory compliance, corporate responsibility, and investment in human capital development. Speaking during...
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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...