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Dangote Refinery Petrol Price Cut Boosts Daily Truck Loads

22.12.2025
The Dangote Refinery says over 1,000 fuel trucks now troop to the facility daily to load petrol. A statement issued on Friday night said the refinery has emerged as a hub of fuel distribution in Nigeria, following “bold strategic adjustments aimed at making energy more affordable and accessible.” This, it said, followed the significant reduction...
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Wema Bank Empowers Innovators at Hackaholics Finale

22.12.2025
Wema Bank, an innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has announced Chao and VOC AI as the first-place winners of Hackaholics 6.0. The announcement was made at the Grand Finale of Hackaholics 6.0 held in Lagos, Nigeria, on Friday, Chao, an engine designed to help food vendors work smarter and...
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FCMB Pensions targets N1.2tn assets, informal workers

22.12.2025
FCMB Pensions, a subsidiary of FCMB Group Plc, has set its sights on informal sector workers as it pushes to expand its asset base beyond N1tn, targeting N1.2tn in assets under management by the end of December 2025. The Managing Director of FCMB Pensions, Christopher Bajowa, disclosed this on the sidelines of the firm’s 20th...
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NEITI Urges Five-Year Review of New Nigeria Tax Act

22.12.2025
The Nigeria Extractive Industries Transparency Initiative has recommended that the yet-to-commence Nigeria Tax Act 2025 should be reviewed after five years or more to reflect evolving fiscal realities and strengthen institutional oversight of extractive revenues. In its long-term recommendations on the implementation of the tax reforms, NEITI said a future review of the law would...
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World Bank okays $500m for MSME finance in Nigeria

21.12.2025
The World Bank has approved a $500 million financing package to expand access to finance for micro, small, and medium enterprises in Nigeria under the Fostering Inclusive Finance for MSMEs in Nigeria project. In a press release issued by the World Bank in Nigeria on Saturday, the global lender announced that the approval encompasses a...
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Oando holds legal seminar for Nigerian law students

21.12.2025
Oando Plc has convened law students from six Nigerian universities for its 2025 Legal Seminar, a 14-year initiative it described as one of its most consistent capacity-building platforms for emerging legal talent. In a statement on Friday, Oando said the mentorship-driven forum brought together students from the University of Lagos, Obafemi Awolowo University, Lagos State...
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CBN Earns N192m From New BDC Licence Fees

21.12.2025
The Central Bank of Nigeria may have earned at least N192m in non-refundable fees from the 82 Bureau De Change operators who have just secured final licences under the revised regulatory framework, according to an analysis by Saturday PUNCH. The amount is based on the fee schedule in the May 2024 Regulatory and Supervisory Guidelines...
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FCMB Group gets shareholder approval for N400bn capital rais

21.12.2025
The shareholders of FCMB Group Plc have approved the plan to increase the company’s fresh capital raise of up to N400bn. The approval was given during an Extraordinary General Meeting recently. Saturday PUNCH reports that FCMB Group, in its third-quarter report filed with the Nigerian Exchange Limited, affirmed that its banking subsidiary will be recapitalised...
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Revenue Shortfalls & Rising Debt

21.12.2025
Nigeria is heading toward a difficult 2026 as widening revenue shortfalls, rising public debt, new taxes and delayed capital spending threaten to deepen economic strain, economists have said, following confirmation by Finance Minister Wale Edun that government revenues are far below target. Edun told lawmakers this week that federal revenues for 2025 are now projected...
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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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