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Dangote fertiliser demand rises amid global supply shortages

Demand for Dangote fertiliser has surged lately as the ongoing US–Israel conflict with Iran disrupts global fertiliser supplies, Bloomberg reports, quoting the Vice President of Dangote Industries Limited, Devakumar Edwin. According to Edwin, demand has increased significantly because of shortages in the international market. “Demand has gone up substantially due to the shortage in the...
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Pathway Advisors leads N11.45bn Lekki Gardens issuance

Pathway Advisors Limited announced on Monday that it acted as the lead issuing house, financial adviser, and transaction sponsor to the N11.45bn oversubscribed Series 2 Commercial Paper Issuance under the N25bn Commercial Paper Programme of Lekki Gardens Estate Limited, approved by the Securities and Exchange Commission, in November 2025. Originally offered at N10bn, the March...
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Customs Sensitisation for National Single Window Launch

Ahead of the Phase One launch of the National Single Window, scheduled for March 27, 2026, the NSW Secretariat commenced a major sensitisation drive for the Nigeria Customs Service in Lagos on Monday. The engagement brought together senior officers and operational personnel of the NCS to deepen understanding of the NSW initiative and its role...
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Bitget Stock Futures Volume Surpasses $1 Billion Mark

Global crypto exchange Bitget has officially announced that its US stock-linked futures trading volume surpassed the $1 bn milestone on Monday. The achievement reflects a significant shift in trading behaviour, as investors increasingly seek unified access to both traditional equity exposure and digital assets within a single platform. The growth, which doubled its momentum in...
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DisCos revenue hits N2.3tn despite erratic power supply

Nigeria’s electricity distribution companies recorded a combined revenue of about N2.33tn in 2025, despite persistent consumer complaints over poor service delivery, estimated billing, and frequent power outages across the country. An analysis of monthly revenue data from the Nigerian Electricity Regulatory Commission showed that the 12 power distribution companies generated N2.325tn from electricity customers during...
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FAAN Issues 100k Airport Access Cards After Tollgate Chaos

More than 100,000 airport access cards have been issued to motorists across the country as part of efforts to implement the Federal Government’s cashless policy at airport tollgates, the Managing Director of the Federal Airports Authority of Nigeria, Mrs Olubunmi Kuku, has disclosed. Kuku revealed on Monday that 62,000 of the cards were issued within...
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Nigerian Equities Market Gains Driven by Aradel & FTG

The Nigerian equities market kicked off the second week of March on a positive note as heavy-hitting trading activity drove the total value of transactions to N31.23bn on Monday. Amidst a broader market rally, Aradel Holdings and FTG Insurance emerged as the primary catalysts of liquidity, dominating both volume and value charts on the Nigerian...
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Why You Must File Your Annual Returns

The Special Adviser to the Executive Chairman of the Lagos State Internal Revenue Service, Abideen Akande, explains why Lagos residents must file annual tax returns, the benefits of the new regime, and penalties for non-compliance, in this interview with OKECHUKWU NNODIM Can you explain the purpose of the annual filing system? The annual filing system...
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Zedvance Targets N250bn in Commercial Lending by 2026

Zedvance Finance Limited, a leading subsidiary of the Zedcrest Group, has officially announced an ambitious strategic roadmap to disburse N250bn in commercial funding by the year 2026. This announcement, made in a Monday statement, follows a stellar performance by the firm’s Commercial Solutions business, which has already funnelled over N96bn into Nigeria’s real sector since...
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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...