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Dangote Refinery Denies Shutdown Rumors

The Dangote Petroleum Refinery has denied a report that it could shut its petrol unit for two to three months. The spokesman of the Dangote Group, Anthony Chiejina, described the report as “fake”. Reuters had reported that the petrol unit at the 650,000 barrel-per-day Dangote refinery may be shut for two to three months for...
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Alfalfa Farming Breakthrough: Transforming Nigeria’s Livesto

The Alternative Bank and the Plateau State University have unveiled a discovery in the form of a high-protein forage crop, Alfalfa, projected to transform animal feed, boost productivity, and ease the long-standing farmer-herder conflict. According to a statement from the bank, the discovery was unveiled at the PLASU’s Green Field Day on Alfalfa Adaptability and...
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Meristem Launches Special Needs Trust in Nigeria

Meristem Trustees Limited, a subsidiary of Meristem Securities Limited and a leading provider of trustee and estate planning services in Nigeria, has officially launched its Special Needs Trust. The firm said that the pioneering solution is designed to provide long-term financial security and care for individuals living with physical and developmental differences. The Special Needs...
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Lagos Attracts Foreign Investors as Africa’s Innovation Hub

Foreign investors are reinforcing their confidence in Lagos as Nigeria’s fastest-growing innovation hub, following a strong showing at GITEX Nigeria, the region’s largest technology and startup showcase. “Lagos is a mega high-speed technology testbed that is dense, diverse, and demanding, where SMEs, startups, and entrepreneurs succeed not by conventional rules but by distinctiveness and necessity-driven...
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Afrinvest Marks 20 Years of Banking Sector Reports

Investment and financial advisory firm Afrinvest (West Africa) Limited is set to celebrate a dual milestone: its 30th anniversary and the unveiling of the 20th edition of its flagship Nigerian Banking Sector Report. In a statement on Sunday, the firm said that the celebration will commemorate Afrinvest’s three-decade journey of driving impact, shaping policy and...
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Nigeria Customs Approves $300 Duty-Free Imports Limit

The Nigeria Customs Service Board has approved a $300 De Minimis Threshold value for low-value consignments imported through express shipments or passenger baggage. This development aims to facilitate trade, ease import processes, and reduce business costs in Nigeria. The new policy, effective September 8, 2025, exempts goods valued at $300 or less from import duties...
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United Nigeria Airlines Acquires Six Boeing 737 Jets

The United Nigeria Airlines has signed an aircraft acquisition agreement with the United States-based Southwest Airlines for the purchase of six Boeing 737-800 aircraft, marking a milestone in the carrier’s fleet expansion move. The deal, announced at a formal signing ceremony held at Southwest Airlines’ corporate headquarters in Dallas, Texas, is to position United Nigeria...
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IATF 2027 to Boost Nigeria’s Trade and Investment

The Organised Private Sector in Nigeria has said the hosting of the Intra-African Trade Fair 2027 in Lagos will boost trade, strengthen local enterprises, and attract significant investment into the country. In separate statements, private sector groups, including the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture and the Lagos Chamber of Commerce...
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Heirs Insurance Group Earns ‘A’ Rating from Agusto & Co.

Credit rating agency Agusto & Co. has assigned ‘A’ ratings to the life and general businesses of Heirs Insurance Group. The latest rating revealed that Heirs Life Assurance, the group’s specialist life insurance business, was upgraded from “A-” to “A” (long-term), with a short-term rating of “A1”. Heirs General Insurance was rated “A-” (long-term) and...
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CCSLD Launches Fraud Prevention Training for Banks

CCSLD Consulting has launched its Banking Security and Fraud Prevention Training Programme in Lagos. With this launch, the firm has extended its culture reorientation expertise from the oil and gas sector into Nigeria’s financial services industry. CCSLD Consulting, which specialises in reducing compliance breaches and strengthening accountability in the energy sector, is now targeting fraud...
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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...