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Dangote Refinery Imports US Oil as India Buys Nigerian Crude

Refineries in India are buying Nigerian crude while the country’s Dangote Petroleum Refinery is largely running on American oil, The PUNCH reports. In a twist that underscores the complexities of global oil trade, India’s state refiners are snapping up Nigerian crude oil while Africa’s largest refinery, located in Nigeria, is increasingly importing crude from the...
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FirstBank Champions Inclusion at Canada-Africa Fintech Summi

FirstBank has championed inclusion amid innovation in the fintech space as it sponsored the Canada-Africa Fintech Summit. In a statement on Sunday, the financial institution said that its sponsorship highlights its commitment to fostering cross-border collaboration, financial inclusion, and forward-thinking innovation in the global fintech landscape. CAFS 2025, convened by the President of the African...
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Nigerian Furniture Rated Higher Than Imported – Lifemate

The Regional Manager of Lifemate Furniture, Howard Gao, has rated Nigerian materials, especially wood for furniture making, higher than imported ones. He made this observation during the grand opening of a showroom at ESMAK Building, on the Secretariat-Total Garden Road, Agodi, in Ibadan, the Oyo State capital, on Saturday. Gao, who also announced that Lifemate...
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AIICO, Leadway, NEM Nominated for 2025 Insurance Awards

Insurance firms AIICO, Leadway Assurance, NEM Insurance and others are some of the companies nominated for the 2025 Almond Insurance Industry Awards. The nominees were unveiled at a press conference in Lagos to announce the commencement of voting. The awards had received a record number of nominations of more than 900 before the panel of...
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Tosin Kadiri Elected NIESV Lagos Chairman

The Nigerian Institution of Estate Surveyors and Valuers, Lagos State Branch, has appointed a new chairman, Tosin Kadiri, to steer the affairs of the chapter. The event was held recently at Muson Centre in Victoria Island of the state. The Chairman of the occasion, who is the chairman of Adron Group, Adetola Emmanuelking, said Kadiri...
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Nigeria Partners with Kuwait Fund for Affordable Housing Pro

The Federal Ministry of Housing and Urban Development is exploring partnership opportunities with the Kuwait Fund for Arab Economic Development, focusing on infrastructure development to support affordable housing and sustainable urban growth in Nigeria. This was disclosed in a statement signed by the Ministry’s Director of Press and Public Relations, Badamasi Haiba. At a recent...
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Coastal Road Drainage Concerns Raised

An X handler, @omoelerinjare, has expressed concerns about a part of the coastal road being void of drainages. Lamenting on his X page, he wrote, “15 trillion naira for Lagos-Calabar, no drainage update. A concerned citizen stated, make una come to build drainage. “Your excellency, the Minister of Works, please sir, I am on the...
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SAHCO Posts Record N8.14bn Profit in H1 2025

Skyway Aviation Handling Company reported a profit after tax of N8.14bn for the half year ended June 30, 2025, representing a 155.4 per cent increase from N3.19bn in the corresponding period of 2024. The company’s unaudited financial statements, that was recently filed with the Nigerian Exchange Limited, showed that its revenue for the period rose...
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Nigeria Penalizes Tax Leaks with N5m Fine, Jail Time

The Federal Government has tightened its grip on the confidentiality of tax-related information by approving a clause in the new tax act that criminalises the unauthorised disclosure of internal documents, communication, and institutional data belonging to the Federal Inland Revenue Service, to be rechristened Nigeria Revenue Service by January 2026. According to provisions of the...
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Nigeria’s Non-Oil Exports Surge to $3.225bn in H1 2025

The Nigerian Export Promotion Council has announced that the country’s non-oil exports climbed to $3.225bn in the first half of 2025, marking a 19.59 per cent increase over the $2.696bn recorded in the same period last year. The Executive Director/Chief Executive Officer of the NEPC, Nonye Ayeni, disclosed this in Abuja on Sunday while presenting...
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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...