Latest news

Facebook-f X-twitter Telegram Instagram Whatsapp

Latest News

Lagos Free Zone & BOI Partner to Boost MSME Exports

07.01.2026
Lagos Free Zone Company (Tolaram) has welcomed the Bank of Industry as a strategic investor, a move expected to accelerate the development of a dedicated hub for Micro, Small, and Medium Enterprises within the zone and promote non-oil exports through its integrated Lekki Deep Sea Port. The investment is positioned to strengthen Nigeria’s industrial ecosystem...
Read more

LOTUS Bank appoints Ajani-Lawal as new MD/CEO

07.01.2026
The Board of LOTUS Bank has appointed Dr Isiaka Ajani-Lawal as its Managing Director/Chief Executive Officer, effective December 2025. This appointment was disclosed in a statement made available to The PUNCH on Monday. The PUNCH reports that LOTUS Bank is one of the non-interest banks in the country, with the latest appointment coming on the...
Read more

Transformer Fire Plunges Parts of Katsina into Darkness

07.01.2026
Parts of the Katsina metropolis were thrown into darkness following a fire incident involving a 15 MVA power transformer at the IBB Way Injection Substation, the Kano Electricity Distribution Company has said. In a public notice issued on Monday by the Head of Corporate Communication at KEDCO, Sani Bala Sani, the DisCo disclosed that the...
Read more

How local refining prevents N1,400/litre petrol in Nigeria

07.01.2026
Dangote Petroleum Refinery has warned that petrol pump prices could rise to as much as N1,400 per litre if Nigeria relies solely on fuel imports, stressing that large-scale domestic refining has become a critical stabilising force in the downstream petroleum market. The refinery gave the warning on Monday while dismissing reports that it was shutting...
Read more

Court Orders Status Quo in Nigerian Oil Fields Dispute

06.01.2026
The Federal High Court in Abuja on Monday ordered the Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, and other defendants in a suit over four oil fields to maintain the status quo pending the hearing and determination of the case. Justice Emeka Nwite gave the order after counsel to the plaintiffs, Ambrose Unaeze,...
Read more

Africa urged to support Venezuelan energy stability

06.01.2026
The African Energy Chamber has called on Nigeria and other Global South nations to support Venezuela at a critical moment, stressing that political stability and institutional continuity are essential for the country’s oil-led economic recovery. The call follows heightened uncertainty in Venezuela after the detention of the country’s president by the United States and the...
Read more

Business Confidence in Nigeria Rises Despite Challenges: Rep

06.01.2026
Nigerian businesses are entering 2026 with a surge of widespread optimism, according to the December 2025 Business Expectations Survey Report released by the Central Bank of Nigeria. According to the survey, the aggregate Confidence Index reached 37.5 index points in December, with a trajectory projected to peak at 52.5 points over the next six months....
Read more

RMB Nigeria Meets CBN Recapitalisation Threshold

06.01.2026
Rand Merchant Bank Nigeria Limited has announced meeting the new minimum capital requirement as set by the Central Bank of Nigeria. This was disclosed in a statement made available to our correspondent on Monday, indicating that the MCR was achieved on 30 December 2025. In March 2024, the CBN raised the operating minimum capital requirements...
Read more

IEI Converts N2bn Deposit to Equity from Norrenberger

06.01.2026
International Energy Insurance Plc has converted a N2bn deposit from Norrenberger Advisory Partners Limited into equity, creating 1.25 billion ordinary shares in the company, following the approval of shareholders at an Extraordinary General Meeting held virtually on 31 December 2025. In a notice filed on the Nigerian Exchange Limited on Monday, the new shares, valued...
Read more

Nigerian Fuel Imports: Refiners Clash with Marketers

06.01.2026
Local refinery operators, under the Crude Oil Refineries Association of Nigeria, have challenged fuel importers and have clashed with marketers over the continued importation of refined petroleum products. While local refiners called on the Federal Government to restrict fuel imports and prioritise domestic refining, retailers under the aegis of the Petroleum Products Retail Outlet Owners...
Read more
1 … 123 124 125 126 127 … 1,060

Must Read

Popular Posts

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...

You may have missed it

Follow Us on Social Media

Facebook-f Twitter Youtube Instagram

© Copyright 2024

Themes