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Untapped Potential Amid Policy Shift

With over 200 trillion cubic feet of untapped gas reserves, Nigeria stands at a crucial juncture in its energy journey. Industry leaders from the oil, gas, and power sectors have offered a frank diagnosis of Nigeria’s lingering energy crisis, charting a practical path forward, DARE OLAWIN reports Key players and experts in Nigeria’s oil, gas,...
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Lekki Port Celebrated for Transshipment Success in Nigeria

Maritime stakeholders have lauded Lekki Deep Seaport for the transshipment success and efficiency the port has recorded since it began operations in 2023, describing it as a beacon of progress in Nigeria’s maritime sector. The stakeholders made this observation recently during the Lagos Chamber of Commerce and Industry Freight Forwarders Group Conference, themed ‘From ports...
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Port Harcourt Refinery Not For Sale, NNPC Confirms

The Nigerian National Petroleum Company Limited has confirmed its intention to raise additional funding to complete the rehabilitation of the Port Harcourt Refining Company and the other two refineries it operates. The company also declared that the PHRC is not for sale. Within two decades, from 2002 to 2012, NNPC secured funding approval of over...
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Nigerians to Own Shares in $20 Billion Refinery

President of the Dangote Group, Alhaji Aliko Dangote, has said Nigerians will soon become shareholders in his $20bn refinery situated in Lekki, Lagos State. Dangote stated this recently at the Global Commodity Insights Conference on West African Refined Fuel Markets hosted by the Nigerian Midstream and Downstream Petroleum Regulatory Authority in partnership with S&P Global...
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NAICOM Sets New Regulations for Insurtech Firms in Nigeria

The National Insurance Commission has barred insurtech firms from participating in businesses in the oil & gas, marine, aviation sectors, among others, and engaging in cryptocurrency transactions without its approval. This was disclosed in the guidelines for insurtech operations in Nigeria, which the regulator issued on Wednesday via its website. Insurtech is derived from insurance...
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Sterling Bank Public Offer for Recapitalization

Sterling Financial Holdings Company Plc has announced that it will launch a public offer in a matter of weeks as it seeks to meet the new capital threshold set by the Central Bank of Nigeria. This was disclosed in a statement accompanying the release of its half-year financial report on Wednesday. The group had raised...
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Rotary Provides Vital Healthcare Aid to Underserved Communit

The Rotary Club of Lekki Golden has extended vital healthcare support to underserved communities in the Ikota area of Lekki, Lagos, through its flagship maternal and child health initiative, Project Safe Start. The initiative, executed in partnership with Orchid Road General Hospital and BioSci Health Care, provided critical interventions aimed at improving the well-being of...
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Agric Minister Wins World Agritourism Award 2025

Minister of State for Agriculture and Food Security, Senator Aliyu Abdullahi, has been honoured with the prestigious “National Agritourism Patron of the Year” award at the inaugural World Agritourism Festival 2025. The award, presented by Xtralarge Farms and Resources, the organiser of the festival, recognised the minister’s exceptional leadership in promoting agriculture as a tool...
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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...