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Key to Growth (UBA Series Insights)

Entrepreneurs have been urged to embrace value-driven partnerships to push growth for their businesses. This call was made at the quarterly Business Series hosted by the United Bank for Africa Plc, where entrepreneurs and business enthusiasts gathered to explore the core ingredients of building and sustaining successful business partnerships. The Business Series, held under the...
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Marketers Back Lower Fuel Prices

Oil marketers and industry stakeholders have thrown their weight behind the proposed sale of Nigeria’s refineries under the management of the Nigerian National Petroleum Company Limited, calling for transparency, inclusiveness, and accountability in the process. They noted that the sale or privatisation of the Port Harcourt, Warri, and Kaduna refineries, which have gulped trillions of...
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Spiro wins recognition for climate leadership – Punch Newspapers

Spiro, a pioneering Pan-African electric mobility company, has been selected for the prestigious 2025 Regional Platforms for Climate Projects Pipeline. This recognition highlights Spiro’s position as a leading climate leader, delivering cutting-edge solutions that accelerate Africa’s transition to a low-carbon, sustainable future. According to a statement from the company, “This distinguished recognition highlights Spiro’s position...
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LBS CEOs Tour Africa’s Largest Plant

The Lagos Business School has led members of its Global CEO Africa programme on a visit to the $20bn Dangote Petroleum Refinery in Lagos. The participants, drawn from across the continent, were received recently at the plant by the President of the Dangote Group, Alhaji Aliko Dangote, who used the occasion to urge indigenous investors...
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N1.5bn Creative Fund Unveiled for Nigerian SMEs

Woodhall Finance House has announced a N1.5bn Creative Sector Fund aimed at supporting export-ready creative enterprises and SMEs across fashion, film, music, beauty, and digital arts. In a statement on Friday from the British High Commission Communications Office, it was revealed that the fund was launched at the unveiling of The Creative Currency Podcast, held...
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Naira gains slightly to N1,550/$ in parallel market

The Naira appreciated slightly to N1,550 per dollar in the parallel market on Friday, gaining ₦5 from N1,555/$ recorded the previous day. Conversely, in the Nigerian Foreign Exchange Market, the local currency depreciated by ₦1, falling to N1,532 per dollar from N1,531/$, according to figures released by the Central Bank of Nigeria. This development narrowed...
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NNPC Mulls Refineries Sale: Dangote’s Verdict Fuels Debate

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Bayo Ojulari, appears to have confirmed a doubt by Alhaji Aliko Dangote that the Port Harcourt, Warri, and Kaduna refineries may never work again. He said the company is, among other options, considering selling the refineries because the rehabilitation works were not yielding...
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Customs Seizes N9.2bn Drugs, Hands Over to NAFDAC

The Nigeria Customs Service, Apapa Area Command, on Friday, handed over 25 seized containers laden with unregistered and prohibited products to officers of the National Agency for Food and Drug Administration and Control. Addressing journalists during the handover at Apapa command, the Comptroller-General of Customs, Adewale Adeniyi, said the products have a duty paid value...
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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...