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Dangote Refinery Buys N11bn Crude Oil from NNPC in July

05.09.2025
The Nigerian National Petroleum Company Limited has disclosed that the Dangote Petroleum Refinery accounted for 32.33 per cent of its total crude oil sales in July, worth N34.64bn This was contained in an internal document submitted at the Federation Account Allocation Committee meeting in August and obtained by The PUNCH on Wednesday. According to the...
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Marketers Urge NNPC to Pay N25bn Equalisation Funds

05.09.2025
The Independent Petroleum Marketers Association of Nigeria has asked the Nigerian National Petroleum Company Limited to pay the long-held petroleum equalisation funds owed to its members. The marketers also urged the NNPC Group Chief Executive Officer, Bayo Ojulari, to clear the loading tickets of its members by supplying them with the petroleum products they paid...
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Naira Stability Boosted by FX Reforms, Experts Say

05.09.2025
The recent foreign exchange reforms of the Central Bank of Nigeria have been highlighted as being key to the stability of the naira, a development which analysts said has been helping in the exchange of naira for the Chinese yuan. This assertion followed claims by some FX traders that recent stability recorded in the FX...
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NNPC Appoints New Leadership Team: Daris Tele Pledges Suppor

05.09.2025
Daris Tele Limited has extended heartfelt congratulations to the Nigerian National Petroleum Company Limited on the strategic appointments of Mr Andy Odeh as Chief Corporate Communications Officer and Mrs Morenike Adewunmi as Chief Relations Officer under the leadership of Bayo Ojulari. These appointments come at a pivotal moment as NNPC spearheads Nigeria’s energy transformation agenda,...
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BII Invests $7.5M in Babban Gona for Nigerian Farmers

05.09.2025
British International Investment, the United Kingdom’s development finance institution and impact investor, has announced a $7.5 m debt investment in Nigerian agri-tech platform Babban Gona to enhance food security and strengthen climate resilience for smallholder farmers in northern Nigeria. Announcing the commitment in Lagos during a media parley on Tuesday, BII said the funding is...
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T2 Mobile Partners Knot Solutions for Telecom System Revamp

05.09.2025
T2 Mobile, formerly 9mobile, has reached an agreement with India’s Knot Solutions to revamp its core business and operations systems in a bid to reassert itself in Nigeria’s fiercely competitive telecoms market. The multi-million-dollar partnership deal, announced Wednesday at the Gitex Nigeria conference in Lagos, is central to T2’s four-stage revival plan: stabilisation, modernisation, transformation,...
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Nigeria’s $200 Billion Energy Gap: A Massive Investment Oppo

05.09.2025
Shell Nigeria Exploration and Production Company Ltd’s Managing Director and Chairman of Shell’s off-grid impact investment firm, All On, Ronald Adams, has said Nigeria’s huge energy shortfall should be seen as a $200bn investment opportunity for both local and international investors. He said Nigeria needs bold investments to address the energy deficit that affects millions...
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CBN Tightens POS Regulations to Combat Fraud

05.09.2025
The Central Bank of Nigeria is clamping down on PoS fraud with geo-tagging and global payment standards, aiming to make every digital transaction traceable and trustworthy, JUSTICE OKAMGBA reports Digital payments are reshaping commerce across Nigeria, from Lagos, Onitsha, and Abuja’s busy streets to the country’s growing online marketplaces. Cash is slowly losing ground to...
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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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