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Cooking gas scarcity looms in Nigeria as retailers warn

05.11.2025
Nigerians may be facing another wave of cooking gas scarcity as retailers warn that supplies of Liquefied Petroleum Gas are thinning once again. The alarm comes barely weeks after consumers began recovering from the last round of shortages that sent gas prices skyrocketing. Retailers told The PUNCH that the Dangote Petroleum Refinery had become the...
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FATF delisting lifts naira and boosts economic confidence

05.11.2025
Nigeria’s financial markets have surged with renewed optimism following the country’s removal from the Financial Action Task Force grey list, TEMITOPE AINA reports The delisting of Nigeria from the Financial Action Task Force grey list—a global index of jurisdictions with strategic deficiencies in combating money laundering and terrorist financing, has impacted positively on the local...
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Unilever Nigeria profit doubles to N22bn in Q3 2025

05.11.2025
Unilever Nigeria Plc has reported a significant increase in its financial performance for the nine months ended September 30, 2025, posting a turnover of N155bn, up 50 per cent from N104bn recorded in the same period last year. The company’s gross profit rose 49 per cent to N64bn, while net profit after tax doubled to...
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Govt-backed Visit Nigeria Initiative aims to attract investo

05.11.2025
Nigeria has taken a significant step toward redefining its image and global positioning with the official launch of the Visit Nigeria Initiative, a national project designed to reshape perceptions, attract investment, and promote tourism. The initiative was unveiled at a private launch event where organisers outlined its strategic framework and announced Charmaine Hayden as the...
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BASL assures a safe passenger experience

05.11.2025
Bi-Courtney Aviation Services Limited, operators of the Murtala Muhammed Airport Terminal Two, has reiterated its unwavering commitment to the safety and security of all passengers and their belongings. The Acting Chief Operating Officer, Remi Jibodu, made this assertion at the maiden transport summit organised by JustAlive Communications Ltd. in Lagos, where he was a panellist....
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ACCI targets food security with mechanised farming drive

05.11.2025
The President of the Abuja Chamber of Commerce and Industry, Emeka Obegolu, has reaffirmed the chamber’s commitment to advancing Nigeria’s food security agenda through sustained agricultural mechanisation and innovation. Obegolu, who made the remark in Abuja at a press briefing to announce the second edition of the Farm, Food and Allied Technologies Expo 2025, said...
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Firm secures $50bn funding for new Ondo refinery project

05.11.2025
A major milestone has been recorded in Ondo State’s industrialisation drive as Backbone Infrastructure Ltd has secured funding commitments exceeding $50bn for the development of a 500,000 barrels-per-day refinery and the Sunshine Free Trade Zone in Ilaje Local Government Area of the state. The funding was facilitated through a joint venture agreement between BINL and...
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New Nigeria travel tax sparks protest among operators

04.11.2025
The Nigeria Civil Aviation Authority has concluded plans to introduce a new $11.50 levy on all international air tickets for inbound and outbound passengers, a move that could yield over $1bn in revenue over the next two decades, and has sparked concerns among operators. The new charge, classified as a security fee, is tagged the...
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Lagos-Calabar Coastal Highway hailed as an economic lifeline

04.11.2025
The Minister of Marine and Blue Economy, Adegboyega Oyetola, has described the Lagos–Calabar Coastal Highway as a transformative national project that will serve as an “economic artery connecting opportunity, innovation, and prosperity” across Nigeria’s coastline. Oyetola made the remarks at the South-West Citizen-Government Engagement Summit held in Akure, Ondo State, last week, according to a...
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The Alternative Bank partners Oyo on infrastructural develop

04.11.2025
The Alternative Bank will be collaborating with the Oyo State Signage and Advertisement Agency to boost infrastructural and environmental development in the state. This was the fallout of a recent meeting between a delegation from The Alternative Bank and the Director-General of the Oyo State Signage and Advertisement Agency, Mr Oludolapo Eso-Ajanaku. The delegation was...
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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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