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Dangote Sets Petrol Price at N739/Litre, Urges Reporting

23.12.2025
Dangote Petroleum Refinery has announced the launch of a dedicated hotline for Nigerians to report any MRS Oil Nigeria Plc filling station selling Premium Motor Spirit (petrol) above the approved pump price of N739 per litre. The firm also warned marketers against creating artificial scarcity, saying the refinery is supplying up to 50 million litres...
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Dangote urges local production in Nigeria for growth

23.12.2025
The Chairman of Dangote Group, Aliko Dangote, has called for increased local production and stronger backward integration as critical steps toward positioning Nigeria as Africa’s leading manufacturing hub, stressing that the country must reduce its dependence on imports to achieve sustainable industrial growth. Dangote made this observation during a fireside chat at the Lagos Business...
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Foreign agencies’ dominance in Nigerian research sector decr

23.12.2025
Industry experts have criticised the preference for foreign research agencies in Nigeria, warning that the trend undermines local capacity development and weakens the credibility and growth of the country’s research industry. This reservation was made at the 2025 Annual General Meeting and the investiture of fellows of the Nigerian Marketing Research Association held recently. The...
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SME Financing in Nigeria: A CEO’s Economic Outlook

23.12.2025
As Nigeria’s economy begins to show tentative signs of improvement, with inflation easing and the naira gaining stability, many Nigerians are yet to feel any real relief. In this interview, the Chief Executive Officer of Lukefield Finance Company, Omotayo Asupoto, explains why she believes the economy is gradually recovering, the ways her firm is assisting...
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NGX rallies as investors gain N257bn

23.12.2025
The Nigerian Exchange closed the first trading session of the week on a positive note, with investors gaining N257bn as buying interest in select stocks lifted key market indices. At the close of trading, total market capitalisation rose to N97.2tn, reflecting renewed optimism despite a slowdown in trading activities. The benchmark NGX All-Share Index advanced...
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Chappal Energies Secures $430M in Reserve Lending Funding

23.12.2025
Chappal Energies, through its subsidiary Chappal Investments Limited, has completed a $340m Senior Secured Reserve Based Lending facility and a $90m Junior Secured RBL facility. The company, in a statement on Monday signed by its Chief of Corporate Services and Human Resources, Nonyelum Barrow, announced that “Chappal Energies, through its subsidiary Chappal Investments Limited, has...
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JEX Markets appoints Blessing Ayemhere as new MD/CEO

23.12.2025
JEX Markets Limited, Nigeria’s energy commodities exchange and market infrastructure company, has appointed Blessing Ayemhere as Managing Director/Chief Executive Officer, subject to the approval of the Securities and Exchange Commission. Ayemhere, who is expected to formally assume office on 3 January 2026, will lead the company’s efforts to build a transparent, liquid, and globally competitive...
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Peak Milk hosts AFCON watch parties for Super Eagles fans

23.12.2025
Peak Milk, a leading dairy brand and the official milk of the Super Eagles, has announced a series of premium watch parties and bar activations across major cities for the Africa Cup of Nations. The company said the initiative is designed to bring football fans together in vibrant, high-energy environments, reinforcing Peak’s role as both...
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Nigeria partners with tech firm on AI tools for filmmakers

23.12.2025
The Federal Government, through the Nigerian Film Corporation, has signed a memorandum of understanding with PlotWeaver, an artificial intelligence-powered storytelling platform, to deploy AI-driven tools aimed at transforming the cinema industry. In a statement, the corporation said the partnership was “strategic, timely, innovative, and will transform the storytelling capabilities of Nigerian filmmakers, marking “a new...
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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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