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Telcos Recover N170bn From Banks

21.06.2025
The long-term dispute between telecommunications operators and commercial banks over unpaid Unstructured Supplementary Service Data fees appears to be drawing to a close, as telecom companies confirm the recovery of 95 per cent of the N180 billion owed. Chairman of the Association of Licensed Telecommunications Operators of Nigeria, Gbenga Adebayo, announced the progress on Thursday,...
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Dangote Fuel Distribution Plan: Marketers to Engage

21.06.2025
Members of the Major Energies Marketers Association of Nigeria say they will discuss with the Dangote Petroleum Refinery to fully understand the implementation of its plan to supply directly to filling stations nationwide. The Executive Secretary of MEMAN, Clement Isong, stated this during a webinar organised by the association on Thursday. Isong noted that the...
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Dangote Refinery Imports US Crude Oil Amid Shortage

21.06.2025
The President of the Dangote Group, Aliko Dangote, says his 650,000-barrel capacity refinery is “increasingly” relying on the United States for crude oil. This came as findings showed that the Dangote Petroleum Refinery is projected to import a total of 17.65 million barrels of crude oil between April and July 2025, beginning with about 3.65...
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Summit to Halt Investment Flight

21.06.2025
The Cocoa Farmers Alliance Association of Africa is set to boost regional cooperation and address what it described as growing risks of global investments shifting away from the continent’s cocoa sector efforts at an upcoming summit. The President of COFAAA, Adeola Adegoke, said in a statement that the Africa Cocoa Summit and Awards 2025, which...
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Credit Schemes Urged (60 characters)

21.06.2025
Organised private sector groups have called on the Federal Government to urgently implement earlier announced credit schemes to tackle soaring costs of production and reduce inflation, which stood at 22.97 per cent in May 2025. Inflation eased to 22.97 per cent from the April 2025 rate of 23.71 per cent, according to the National Bureau...
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PZ Cussons Wins the Germ War

20.06.2025
PZ Cussons Nigeria has relaunched its hygiene brand, Carex, under its “win the war against germs” campaign to promote safe hygiene practices in Nigerian households. PZ Cussons Nigeria unveiled Carex’s new Masterbrand identity and an expanded line of antibacterial products, including handwash, bar soaps, and antiseptic liquids, during the unveiling on Wednesday in Lagos. Managing...
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African Business Leaders Celebrated in New Publication

20.06.2025
Entrepreneurship platform Under 40 CEOs has launched How We Made It in Africa: Volume 2, a publication spotlighting 52 accomplished African business leaders, including singer-turned-entrepreneur Banky Wellington, rapper Jude ‘M.I’ Abaga, and makeup mogul Banke Meshida-Lawal. According to a statement, the unveiling of the publication was part of the activities to mark Under 40 CEOs’...
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iCentra Boss Unveils N5m Students’ Endowment Fund

20.06.2025
The Chief Executive Officer of iCentra and recipient of the PMI Eric Jenett Person of the Year Award, recently delivered a keynote address at the Lagos State University, encouraging students to pursue purpose, passion, and excellence in their academic and professional journeys. A statement from the firm also stated that Babayeju, a LASU alumnus, announced...
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Bank Charges: Customers Petition CBN

20.06.2025
The Bank Customers Association of Nigeria has revealed that it has written to the Central Bank of Nigeria about the charges being deducted from customers’ accounts. This was disclosed by the president of BCAN, Uju Ogubunka, on Thursday at the 2025 Artificial Intelligence conference organised by SuperNews under the theme ‘Power of AI: Enhancing Efficiency...
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Nigeria Raises N91bn from Green Bond Offer

20.06.2025
The Debt Management Office has announced the successful conclusion of the Federal Government of Nigeria’s third Sovereign Green Bond offer, which raised a total of N91.42bn from investors. The offer, which was initially set at N50bn, closed on Wednesday, with an oversubscription of 183 per cent, reflecting strong investor confidence in Nigeria’s sustainable finance initiatives...
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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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