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Oil firms, Dangote sign deal for affordable petrol supply

05.01.2025
The Dangote Petroleum Refinery says Heyden Petroleum and Ardova Plc have joined it to ensure the supply of affordable Premium Motor Spirit (petro) in Nigeria. The Dangote refinery in a statement on Thursday, said the two companies, propelled by the economic relief provided by President Bola Tinubu’s crude-for-naira swap initiative, entered into a bulk purchase...
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FG votes N105bn for aviation, plans refund to Kebbi

05.01.2025
The Federal Government has appropriated N105,953,496,365 to the aviation industry in the 2025 budget before the National Assembly. The 2025 allocation is an increase from the total budget of N63,317,450,275 in 2024. In the budget, the Federal Government also plans to refund the sum of N4bn to the Kebbi State Government for the construc­tion of...
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MTN finalises sale of Guinea operations to government

05.01.2025
MTN Group, Africa’s largest network operator by subscriber base, has announced the completion of the sale of its operations in Guinea (also known as “MTN Guinea-Conakry”) to the State of Guinea. The mobile operator disclosed this information in a statement obtained from its website on Thursday. The deal, finalised on December 30, 2024, aligns with...
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Naira weakens to 1,541/$

05.01.2025
The Nigerian naira weakened to N1,541.36/$ on the first day of trading in the New Year. According to the NFEM rate data available on the website of the Central Bank of Nigeria, this is a 0.36 per cent depreciation compared to the closing rate of 2024 which was N1,535.82/$. Some authorised dealers quoted the dollar...
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Cross River $350m railway project gets topographical mapping

04.01.2025
The $350m Grand Litora Railway project in Cross River State has achieved another significant milestone with the presentation of the topographical mapping for the first 104 km Calabar-Ugep route. A statement from Rinehooke Investment Ltd, an investment company backing the project on New Year’s Day, indicated that the topographical mapping was presented at the Tinapa...
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Grand Oak sponsors Ilo-Ulo winners’ holiday trips

04.01.2025
Grand Oak Limited, the maker of Isiagu Café Liqueur, has sponsored holiday trips for 10 winners of its Ilo-Ulo (Homecoming) campaign. The liquor brand disclosed in a statement that the initiative, aimed at celebrating Igbo culture and addressing economic challenges, offered all-expenses-paid round-trip air tickets alongside other gifts to winners. Senior Brand Manager, Nnenna Uche-Onyenacho,...
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Seven-Up rewards schools with N5m

04.01.2025
Seven-Up Bottling Company has rewarded schools with N5m following its 2024 Sustainability Week, which promoted circular economy and environmental stewardship among students in Lagos State. According to a statement, the event culminated in the Green-Skill Schools Challenge held at SBC’s manufacturing plant in Ikeja, Lagos, with the theme ‘Championing Circular Economy in Our Business and...
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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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