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Nigeria’s Oil Theft Plunges to Lowest Since 2009

12.09.2025
Nigeria has achieved a significant breakthrough in curbing crude oil theft and losses, with figures from the Nigerian Upstream Petroleum Regulatory Commission showing a 50.2 per cent reduction in losses during the first seven months of 2025. According to a statement issued on Thursday by the Head of Media and Strategic Communications at the NUPRC,...
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Firms Boost Investment in Nigeria’s Urban Infrastructure

12.09.2025
Over 80 brands have explored investment opportunities in Nigeria’s growing urban infrastructure sector following the successful hosting of the inaugural Lift Expo Nigeria 2025 in Lagos. The exhibition, which was held between September 2 and 4, concluded as the largest elevator and escalator showcase in Africa, drawing more than 2,500 industry professionals, policymakers and investors...
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BUA Foods Declares N13 Dividend Per Share

12.09.2025
BUA Foods Plc has announced a dividend of N13 per share for its shareholders following the company’s 4th Annual General Meeting on Thursday in Abuja. According to a press statement issued after the AGM on Thursday by the Director of Marketing and Corporate Communications for BUA Foods, Adewunmi Desalu, this payout represents a significant 136...
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Agric Sector VAT Hits N18.3bn, Diversification Push Grows

12.09.2025
The agro-allied sector remitted N18.3bn in Value Added Tax over three years. Experts recognise the diversification potential as agribusiness expands, urging the Federal Government to pursue a policy to sustain the growth trend and ensure food security, ARINZE NWAFOR writes The Federal Government’s remittance from Value Added Tax on Agriculture, Forestry and Fishing has surged...
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Nigeria Scraps 5% Telecom Tax, Users Celebrate Relief

12.09.2025
The Federal Government has abolished the five per cent excise duty previously imposed on telecommunications services, including voice calls and data usage, in a move expected to ease cost pressures on millions of Nigerians. The National Orientation Agency announced the decision on Thursday in a post via its official X (formerly Twitter) handle. According to...
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Dangote Cement Invests $8.5Bn in Africa Over 15 Years

12.09.2025
Dangote Cement Plc has disclosed that it has invested more than $8.5bn in capital projects across Africa in the last 15 years. The company’s management and board, led by its new chairman, Emmanuel Ikazoboh, made this known on Wednesday during its ‘Facts Behind the Figure’ presentation on the floor of the Nigerian Exchange. Speaking at...
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Nigeria’s Economy Boosted by Stable Naira and FX Reforms

12.09.2025
Nigeria’s economic outlook is receiving a boost as recent reforms by the Central Bank of Nigeria gradually restore investor confidence and stabilise the naira. With the clearance of a long-standing $7bn foreign exchange backlog and a more transparent FX market, foreign capital is flowing back into the country, signalling renewed optimism about the economy, OLUWAKEMI...
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Fintech, Bank Complaints Soar in Nigeria

12.09.2025
Nigeria’s consumer protection agency has revealed that banks and fintech firms remain the biggest sources of customer grievances in the country, with over 4,600 complaints lodged against them between March and August 2025. The Federal Competition and Consumer Protection Commission disclosed this in a sectoral complaints report released on Thursday. The commission stated that it...
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I apologise for saying no heaven without tithe – Adeboye

04.10.2024
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

04.10.2024
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

04.10.2024
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...

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