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IPMAN Backs Dangote Refinery, Rejects Western Zone Strike

The national leadership of the Independent Petroleum Marketers Association of Nigeria, on Sunday, distanced itself from the strike announced by its Western Zone, which is protesting against Dangote Industries Limited’s decision to deploy its own trucks for fuel distribution. The disagreement within IPMAN comes at a time when the downstream oil sector is undergoing significant...
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FG Intervenes in Dangote Refinery Strike Threat

The Federal Government has intervened in the brewing industrial dispute between the National Union of Petroleum and Natural Gas Workers and the Dangote Refinery, urging the union to shelve its planned nationwide strike slated for Monday, September 8. Minister of Labour and Employment, Muhammad Dingyadi, announced on Sunday that he has summoned all parties to...
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Nigeria Customs Approves $300 Duty-Free Imports Threshold

The Nigeria Customs Service Board has approved a formal de-minimis threshold of $300 for low-value consignments imported via express shipments and passenger baggage. The board said the move is intended to simplify clearance, boost e-commerce and reduce delays at ports and entry points. According to a statement issued on Sunday by the National Public Relations...
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Bitget Adds Apple, Google to RWA Futures Lineup

Bitget has expanded its Real-World Asset Index Perpetual Futures to include Apple, Alphabet/Google, Amazon, Meta and McDonald’s perpetual contracts, thus strengthening its offerings of tokenised equities. In a statement, it was disclosed that the offering has become effective immediately. This latest expansion builds on the success of Bitget’s initial RWA futures launch, which featured Tesla,...
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Meristem Launches Special Needs Trust in Nigeria

Meristem Trustees Limited, a subsidiary of Meristem Securities Limited and a leading provider of trustee and estate planning services in Nigeria, has officially launched its Special Needs Trust. The firm said that the pioneering solution is designed to provide long-term financial security and care for individuals living with physical and developmental differences. The Special Needs...
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FirstBank Unveils Merchant Solution for Seamless Digital Pay

FirstBank has officially launched its FirstMonie Merchant Solution, which is designed to enable merchants and businesses across Nigeria to seamlessly accept digital payments with efficiency and ease. In a statement made available to The PUNCH, FirstMonie Merchant Solution is the bank’s response to the increasing need for dependable digital payment systems by offering a streamlined...
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Afrinvest Marks 20 Years of Banking Sector Reports

Investment and financial advisory firm Afrinvest (West Africa) Limited is set to celebrate a dual milestone: its 30th anniversary and the unveiling of the 20th edition of its flagship Nigerian Banking Sector Report. In a statement on Sunday, the firm said that the celebration will commemorate Afrinvest’s three-decade journey of driving impact, shaping policy and...
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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...