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NNPC Crude Supply to Dangote Refinery Surges in April

22.04.2026
Crude oil supply from the Nigerian National Petroleum Company Limited’s trading arm surged in April 2026, with shipment records indicating that more than 1.03 million metric tonnes, equivalent to about 6.8 million barrels or over 1.08 billion litres, were delivered to the Dangote Oil and Gas Company Limited within the month. An analysis of tanker...
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Bombardier & Vista Sign $300M Fleet Services Agreement

22.04.2026
Aircraft manufacturer Bombardier and private jet charter operator Vista have signed a $300m services agreement covering the operator’s existing aircraft and incoming Challenger 3500 fleets. According to AeroTime, the companies announced on 20 April 2026, that the deal would be anchored on Bombardier’s Smart Parts programme, designed to provide Vista with a cost-per-flight-hour framework to...
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Nigeria Tops Global Sickle Cell Cases in Children: Study

22.04.2026
A landmark international study has revealed a sobering public health milestone: Nigeria now carries the highest burden of sickle cell disease globally, with more than 1.5 million children under the age of 15 living with the condition. The comprehensive analysis, published in The Lancet Child & Adolescent Health, which examined data across 22 African nations,...
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NUPRC Warns Skills Gap Threatens Nigeria’s Oil Sector

22.04.2026
Nigeria’s oil and gas industry may be heading toward a critical turning point, not due to declining reserves or asset divestments, but because of a growing shortage of skilled professionals needed to sustain the sector’s future growth. This warning came from the Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission, Oritsemeyewa Eyesan, who urged...
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MOFI Real Estate Fund Posts N7.3bn Q1 2026 Net Profit

22.04.2026
The MOFI Real Estate Investment Fund has reported a robust financial performance for the first quarter of 2026, posting a profit after tax of N7.34bn. In a regulatory filing submitted to the Nigerian Exchange on Tuesday, the Fund revealed that its total income reached N9.26bn for the period ended 31 March 2026. This growth was...
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ICAN & NGX Award Top Firms for Corporate Reporting Excellenc

22.04.2026
The Institute of Chartered Accountants of Nigeria and NGX Regulation Limited recognised listed companies on NGX for excellence in financial reporting, corporate governance, and sustainability disclosures for the 2024 financial year at the 3rd edition of the Corporate Reporting Awards. The awards, which cover companies on the NGX 30 Index, assess performance across three pillars,...
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AI adoption struggles increase costs for manufacturers

22.04.2026
Consumer-packaged goods manufacturers are facing a sharp rise in production inefficiencies over the next decade, even as expectations for artificial intelligence-driven transformation accelerate, according to a new global study by Schneider Electric. The survey of 1,453 senior executives across food, beverage and life sciences companies highlights a widening gap between the sector’s ambition to deploy...
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Nigeria’s domestic debt servicing jumps 46% to N8.6tn

22.04.2026
Nigeria’s total debt servicing rose by N2.98tn year-on-year to N15.81tn in 2025, driven largely by a sharp increase in domestic interest payments and sustained external obligations, data from the Debt Management Office has shown. An analysis of the DMO’s actual debt service reports showed that total payments increased from N12.83tn in 2024 to N15.81tn in...
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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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