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Lasaco Assurance to boost competitiveness & customer experie

23.01.2026
Lasaco Assurance has established a clear strategic direction aimed at strengthening its market position, enhancing execution, and delivering increased value to customers. This was disclosed in a statement made available to The PUNCH on Thursday in Lagos as part of the outcomes of the company’s recent staff retreat, where management engaged employees on the organisation’s...
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Nigeria to Begin Urea and Fertiliser Exports by 2028

23.01.2026
The Nigeria Midstream and Downstream Petroleum Regulatory Authority has said that the country will begin exporting Urea in 2028. The authority also said Nigeria will soon begin large-scale export of fertilisers. The Chief Executive of NMDPRA, Saidu Mohammed, disclosed this while fielding questions from newsmen during a tour of facilities at Indorama Eleme Fertiliser and...
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CBN T-Bills auction sees massive N3.44tn oversubscription

23.01.2026
The Central Bank of Nigeria recorded an oversubscription rate of about 199 per cent at its Nigerian Treasury Bills primary market auction on Wednesday as investors aggressively positioned for high yields, with total subscriptions rising to N3.44tn against an offer of N1.15tn. The level of demand, roughly three times the amount on offer, marked the...
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Tinubu approves commercial oil drilling in Ogun State

23.01.2026
President Bola Tinubu has approved the commencement of commercial oil drilling at Tongeji Island in Ipokia Local Government Area of Ogun State. Governor Dapo Abiodun disclosed this on Thursday while receiving the Flag Officer Commanding, Western Naval Command, Rear Admiral Abubakar Abdullahi Mustapha, alongside senior officers of the command, during a courtesy visit to his...
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Norrenberger Equity Model Beats NGX with 82% Return

23.01.2026
Norrenberger’s Equity Portfolio Model recorded an 82 per cent return in 2025, outperforming key Nigerian stock market benchmarks for the second consecutive year, according to performance data released by the firm. The model exceeded the NGX All-Share Index, which returned 52 per cent, and the NGX 30 Index, which posted a 50 per cent gain...
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Nigeria to Save N3tn FX With Bioethanol Blending Program

23.01.2026
The Federal Government has projected annual foreign exchange savings of over N3tn from the blending of bioethanol with Premium Motor Spirit as it advances plans to deepen Nigeria’s cassava industrial value chain. This projection was contained in a press statement on Thursday by the Director of Information and Public Relations at the Federal Ministry of...
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Kaspersky Warns of a Surge in QR Code Phishing Emails

23.01.2026
Cybersecurity firm Kaspersky has reported a sharp rise in phishing emails that exploit malicious QR codes, with detections increasing more than fivefold between August and November 2025. According to a statement from the firm on Thursday, the number of detected emails containing harmful QR codes jumped from 46,969 in August 2025 to 249,723 in November...
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Nigeria’s new industrial policy: N105m for ailing sectors

23.01.2026
The 2026 Appropriation Bill has budgeted a sum of N105m to aid in completing ongoing projects, including an 80 per cent-completed Nigeria Industrial Revolution Plan of 2014, which ties to the cotton-textile-garment and other ailing sectors. This funding comes on the heels of the National Industrial Policy of 2026, ARINZE NWAFOR writes The Federal Government...
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Seplat appoints Tony Elumelu as a board member

23.01.2026
Seplat Energy Plc has announced the appointment of renowned entrepreneur and philanthropist Tony Elumelu as a Non-Executive Director on its Board, following his investment vehicle, Heirs Holdings, and its subsidiary, Heirs Energies Ltd, becoming the company’s largest shareholder with a 20.07 per cent equity stake. In a notice filed on the Nigerian Exchange Limited on...
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LCCI Urges FG to Settle N1.7tn Contractor Backlog

23.01.2026
The Lagos Chamber of Commerce and Industry has called on the Federal Government to settle verified 2024 capital project liabilities to ease the financial distress faced by indigenous contractors. President of LCCI, Leye Kupoluyi, on Thursday, during his address on the state of the economy, held in Lagos, noted that the N1.7tn earmarked for contractor...
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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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