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Port Harcourt Refinery Shutdown: 2 Months & Counting

25.06.2025
The shutdown of the Port Harcourt Refining Company for maintenance has entered its second month, as the plant has yet to resume operations. The PUNCH reports that the immediate past Chief Corporate Communications Officer of the Nigerian National Petroleum Company Limited, Olufemi Soneye, told our correspondent on May 23 that the refinery would be shut...
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New Gallery Opens in Nigeria

25.06.2025
In a significant development for Nigeria’s cultural heritage, Coronation Group has partnered with the National Commission for Museums and Monuments to establish a world-class gallery to showcase the Benin Bronzes. The partnership was announced in a statement on Tuesday, following the official signing and handover ceremony held on June 21, 2025, at the National Museum...
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Nigeria-China Trade Surge: Zero Tariffs Boost Exports

25.06.2025
President Bola Tinubu has said that Nigeria is positioned to become a net exporter to China within five years, following Beijing’s recent removal of tariffs on imports from 53 African countries, including Nigeria. Last week, China announced a zero-tariff policy for goods from 53 African countries, allowing duty-free access to a wide range of exports,...
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Firms Face Sanctions Over Fees

25.06.2025
The Nigerian Airspace Management Agency has issued a stern warning to oil and gas companies operating in the country over their ’persistent’ non-payment of the $300 helicopter landing levies, threatening to impose sanctions, including the denial of flight clearances and possible shutdown of non-compliant facilities. In line with its statutory mandate, the agency notified oil...
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103% Revenue Growth in 2024

25.06.2025
Neimeth International Pharmaceuticals Plc has announced a 103 per cent growth in revenue for the 2024 financial year, as shareholders expressed confidence in the company’s performance and future profitability during its 66th Annual General Meeting held on Monday in Lagos. The company’s Chairman, Christopher Oshiafi, disclosed this while presenting the audited financial results for the...
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BOI Unveils Sustainable Finance Framework

25.06.2025
The Bank of Industry has announced the launch of its Sustainable Finance Framework to drive inclusive and climate-resilient growth in Nigeria. In a statement on Saturday, BOI described the framework as a strategic blueprint that establishes a strong foundation for aligning the bank’s financing activities with global sustainability and leading environmental, social, and governance practices....
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N5m Youth Grants Awarded: Boosting Nigerian Entrepreneurs

25.06.2025
The Ishk Tolaram Foundation has awarded N5m in business grants to selected youth entrepreneurs under its Alumni Business Grant initiative. The Programme Director of the Foundation, Oje Ivagba, disclosed this at the Alumni Business Grant Awards held recently in Lagos. According to him, the grant is aimed at supporting alumni of the Foundation’s vocational training...
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Nigeria Studies China’s Project Execution Strategies

25.06.2025
Nigeria and other African countries are engaging China on strategies for capacity building, professional certification, and infrastructure delivery as part of a high-level visit led by the Project Management Institute Sub-Saharan Africa. The strategic delegation comprises government officials and corporate executives from across the continent and is touring China to study the systems and structures...
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Logistics Theft Costs Nigeria Billions – New Solution Found

25.06.2025
The Chief Executive Officer of SysServe Solutions Limited, Jerry Okogbue, says delivery delays and thefts cost Nigeria’s logistics sector billions annually due to poor visibility and lack of journey control systems. Okogbue made this observation during a media parley recently to push for the mitigation of losses in the Haulage and Logistics subsector, which is...
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Luxury Packages for Nigerian Travellers

25.06.2025
Parisi Tour, a France-based luxury travel curator, has introduced a range of new premium travel packages designed specifically for Nigerian travellers seeking bespoke experiences in Paris. According to a statement by the firm, the announcement was made during the exclusive Lagos edition of ‘The Paris Luxury Experience’, an immersive showcase that brought together elite travel...
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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
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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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