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Nigeria Unveils New Export Guidelines

The Nigerian Upstream Petroleum Regulatory Commission has announced that exporters must now obtain an export permit, vessel clearance, and a Unique Identification Number before any crude shipment can leave the country. In the first quarter of 2025, oil producers exported crude oil and other petroleum products worth N12.96tn, even as domestic refineries continue to suffer...
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Fidelity Bank Rewards N30m in Savings Promo

Fidelity Bank Plc has rewarded 29 customers with a total of N30m in the latest rounds of its Get Alert in Millions Season 6 savings promo, reaffirming its commitment to promoting financial literacy, encouraging savings, and rewarding customer loyalty. The announcement was made during the 4th, 5th, and 6th monthly draws of the GAIM 6...
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EY Attracts Private Capital for Africa’s Growth

EY Nigeria is set to explore how private capital can be deployed to accelerate Africa’s development goals. This is in addition to spotlighting the role of multilateral development banks in the growth of the continent. These key issues are the agenda for a high-level roundtable scheduled for next Tuesday with the theme ‘Enabling Private Capital...
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UK, Alitheia Back Green Growth in Nigeria

The British Deputy High Commissioner, Jonny Baxter, has reaffirmed the United Kingdom’s commitment to supporting inclusive green growth and sustainable development across key economic sectors in Nigeria. According to a statement from the British High Commission Communications Office on Wednesday, this was disclosed by Baxter at the second edition of W.O.M.A.N by Alitheia, a high-level...
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Nestlé Central & West Africa Names New CEO

Food and beverage company Nestlé has announced the appointment of Samer Chedid as the new Chief Executive Officer for Central and West Africa. According to a statement from the company, Chedid was the CEO of Nestlé Indonesia before his appointment. He replaces Mauricio Alarcón, who has taken on a new role within the Nestlé group....
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Ekiti Agro-Industrial Hub Launched, Trains 100 Youths

Odu’a Investment Company Limited has launched the Odu’a Agro Industrial Hub in Oke Ako Ekiti, Ikole Local Government Area of Ekiti State to boost agro production, unlock job opportunities, and stimulate local economic development. The Group Managing Director of Odu’a Investment, Mr Abdulraham Yinusa, said the project is to “affirm our shared vision for inclusive...
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14-Man Team Tackles Nigeria Building Collapse Crisis

The Federal Government has inaugurated a 14-man task team to address the growing crisis of building collapses nationwide. Speaking during the inauguration ceremony in Abuja on Wednesday, the Minister of Housing and Urban Development, Ahmed Dangiwa, described the frequent incidents of collapsed buildings as a national embarrassment. He lamented that the situation had resulted in...
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Cheap Fuel: Marketers Seek Foreign Imports

Oil marketers say they have commenced negotiations with international traders to import cheaper Premium Motor Spirit (petrol) into Nigeria to remain competitive in the business. This is even as the Independent Petroleum Marketers Association of Nigeria and oil workers insisted that the price of petrol from the Dangote Petroleum Refinery should be cheaper than N825...
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Slow Digital Adoption by Electricity Firms — NESG

The Chief Executive Officer of the Nigerian Economic Summit Group, Tayo Aduloju, says electricity distribution companies and the public sector are still lagging behind in terms of digital adoption. Aduloju stated this in Lagos on Tuesday at a biennial lecture organised by the Chartered Institute of Directors in honour of its President and Chairman of...
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Tinubu Addresses African Energy Experts

President Bola Tinubu will address delegates at the 2025 African Energy Week in South Africa in September. Themed ’Invest in African Energies’, the AEC announced in a statement that Tinubu would address delegates at the energy event in Cape Town. Tinubu’s participation comes as Nigeria undergoes one of the most ambitious reform drives in its...
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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...