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CPAAT to host retreat on smart oil and gas solutions

04.11.2025
The Chief Executive Officer of CPAAT Consulting, Folarin Banigbe, has announced the company’s strategic vision for transforming Nigeria’s oil and gas industry through smart technology, collaboration, and digital leadership. Speaking during a media briefing in Lagos to unveil the CPAAT CIO Retreat 2025, themed “Transforming the Oil and Gas Sector with Smart Technology,” Banigbe described...
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GenCos lose N2.3tn to stranded power in Nigeria

04.11.2025
Power-generating companies in Nigeria have lost a staggering N2.31tn over the last twelve years due to electricity that could have been generated but was left unused as a result of grid and operational constraints, The PUNCH reports. This is according to fresh data from the Association of Power Generation Companies, the umbrella body for all...
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Otedola hails Tinubu’s 15% petrol import tariff policy

04.11.2025
Billionaire businessman, Femi Otedola, has applauded President Bola Tinubu over the implementation of a 15 per cent import tariff on petrol and diesel, saying the move will protect investments in Nigeria’s refining and energy value chain. Otedola, in a post on X on Monday, described the tariff policy as “a crucial move” that would prevent...
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PIND, Okomu Oil sign N1.2bn Edo community development plan

04.11.2025
The Foundation for Partnership Initiatives in the Niger Delta has announced the signing of a N1.2bn partnership with Okomu Oil Palm Company Plc to promote peace, prosperity, and sustainable development in the company’s host communities in Edo State. The announcement was contained in a statement issued by PIND on Monday. “The Foundation for Partnership Initiatives...
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50 new tax exemptions for Nigerians starting in 2026

04.11.2025
From January 1, 2026, Nigerians on low income, small businesses and average taxpayers are expected to benefit from a wide range of tax waivers under the new tax reform laws. The breakdown, which lists 50 specific exemptions and relief categories, was released by the Chairman, Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, on...
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Wealth inequality threatens democracy, experts warn G20

04.11.2025
Wealth inequality is a global emergency that threatens democracy and social cohesion, experts warned on Tuesday, urging G20 leaders meeting in South Africa this month to establish a panel to tackle the crisis. The “inequality emergency” is leaving billions hungry and could worsen under the United States’ “law of the jungle” approach to trade under...
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Sterling HoldCo revenue hits N341.7bn in Q3 2025 report

04.11.2025
Sterling Financial Holdings Company Plc has posted a 44.1 per cent increase in gross earnings to N341.7bn at the end of September 2025, compared to N237.2bn in the previous year. According to Sterling Holdco in a statement on Sunday, the growth in gross earnings was driven by increases in both interest and non-interest income segments....
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ECOVIS OUC backs business recovery drive in Nigeria

04.11.2025
The Managing Partner of ECOVIS OUC Chartered Accountants, Mr. Andrew Uviase, has reaffirmed the firm’s commitment to supporting the Business Recovery and Insolvency Practitioners Association of Nigeria in advancing business recovery and ethical insolvency practice across the country. In a statement on Saturday, it was indicated that Uviase made this commitment while welcoming the President...
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Naira exchange rate hits 2025 peak as forex supply rises

04.11.2025
The naira recorded its highest appreciation this year at the close of October when it settled at 1,421.73/$ at the Nigerian Foreign Exchange Market, data from the Central Bank of Nigeria has revealed. The naira traded below the 1,500/$ threshold throughout October at the official market, indicating stability, and appreciated by 3.63 per cent from...
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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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