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NNPC Fraud Warning: Investors Beware of Scammers

11.06.2025
The Nigerian National Petroleum Company Limited has raised an alarm that some individuals are impersonating it, demanding money from investors. A statement on Monday by the NNPC spokesman, Olufemi Soneye, stated that the individuals solicited fees for meetings with the NNPC board of directors, executives, and management staff, saying the actions were unauthorised and illegal....
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Construction Collaboration: CORBON & COREN Partner

11.06.2025
The Council of Registered Builders of Nigeria and the Council for the Regulation of Engineering in Nigeria have signed a Memorandum of Understanding aimed at bridging regulatory gaps in the construction sector, fostering collaboration, improving infrastructure quality, and strengthening professional standards in Nigeria’s construction sector. Speaking at the signing ceremony in Abuja recently, CORBON Chairman...
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Women Accountants Honored for Pioneering Legacy

11.06.2025
The Society of Women Accountants of Nigeria recently honoured two of its past leaders, Olutoyin Olakunrin and Bolajoko Kuforiji-Olubi, at its maiden memorial lecture. In a statement on Monday, the event was held in recognition of their contributions and lasting legacy in the accounting profession. The National Chairperson of SWAN, Hilda Ozoh, paid tributes to...
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Dangote Vows Refinery Overhaul: Oil Sector Shake-Up

11.06.2025
The President of the Dangote Group and founder of the Dangote Petroleum Refinery, Aliko Dangote, says there will be an announcement of what he calls a major ‘shakedown’ in the entire country soon. Dangote said this was not about price reduction, but the complete overhaul of the downstream sector. He stated this in an interview...
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SanlamAllianz Merger: Nigeria Targets $1tn Economy

11.06.2025
The Managing Director/Chief Executive Officer of SanlamAllianz General Insurance Nigeria, Yomi Onifade, has said that the formalisation of the merger between Sanlam and Allianz was timely as the country eyes a $1 tn economy by the end of the decade. Onifade disclosed this at the official unveiling of the merger, now branded as SanlamAllianz Nigeria...
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Plastic Recycling: STL Capital’s Oyingbo Initiative

10.06.2025
The STL Capital Group, in collaboration with the Lagos Waste Management Authority, has sensitised traders at the popular Oyingbo Market in Lagos to the dangers of plastic pollution and the importance of recycling. The sensitisation done in commemoration of World Environment Day 2025 was themed ‘Recycle and Revive’. The exercise was designed to raise awareness...
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New Regulations & Private Sector Growt

10.06.2025
The Environmental Health Council of Nigeria has called for a clear delineation of responsibilities among stakeholders in pest control regulation and emphasised the importance of private sector growth in the environmental health sector. According to a statement shared with The PUNCH on Sunday, the Registrar/Chief Executive Officer of EHCON, Dr Yakubu Baba, made this known...
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NIVEA Sunscreen Launched in Nigeria

10.06.2025
Beiersdorf Nigeria has launched its NIVEA UV Face Sunscreen at a beachfront event in Lagos that brought together skincare lovers, media personalities, health experts, and influencers. Participants at the event experienced the brand’s latest innovation, crafted specifically for African skin and lifestyles. The launch event offered guests a blend of education and entertainment, with sun-safe...
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Morison Industries Q1 Loss: N18.5bn Reported

10.06.2025
Morison Industries Plc has recorded a loss of N18.55bn for the first quarter ended March 31, 2025, marking an improvement from the N28.46bn loss posted in the same period last year. The company’s unaudited financial report showed that revenue for the period rose significantly to N91.5m from N32.6m in the first quarter of 2024. Despite...
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Lagos Power Boom: Off-Grid Exceeds National Grid

10.06.2025
Off-grid and self-generated electricity in Lagos State has surpassed Nigeria’s entire grid-connected capacity, a new report by the Africa Finance Corporation has revealed, raising concerns over the growing energy access crisis in the country. It also stated that if current trends persist, the number of Africans without electricity access could stay unchanged between now and...
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I apologise for saying no heaven without tithe – Adeboye

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