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Why Domestic Refining Won’t Stop Fuel Price Volatility

Nigeria’s domestic refining cannot eliminate the impact of global oil price volatility on fuel prices, but it is crucial for reducing supply risks, conserving foreign exchange, and strengthening the country’s energy security, according to the Centre for the Promotion of Private Enterprise. In a policy brief on Monday, the Chief Executive Officer of the CPPE,...
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Sanwo-Olu, Akindele on Strategic Investment in Women

The First Lady of Lagos State, Dr Ibijoke Sanwo-Olu; filmmaker Funke Akindele; singer Waje; dancer Kaffy; drummer Ara; and vocalist Yinka Davies have called for strategic investment in women to boost the nation’s economy. As the world commemorates International Women’s Day 2026, Wema Bank hosted a high-profile gathering in Lagos that brought together leaders, professionals,...
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UBA Drives Female Economic Empowerment with Gen W Series

United Bank for Africa Plc has announced a special edition of its acclaimed quarterly Business Series in a significant initiative to commemorate Women’s Month and catalyse the potential of the modern woman. The upcoming event, themed ‘Gen W – The Evolved Woman’, is scheduled to take place on Wednesday, 12 March 2026, in Lagos. In...
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NLC Alleges N20bn Procurement Scandal in TCN

The Nigeria Labour Congress has petitioned the Federal Government over what it described as a planned N20bn “emergency refurbishment” contract within the Transmission Company of Nigeria, warning that the move could drain public funds and further weaken the country’s fragile electricity transmission infrastructure. In a letter sent Sunday to the Minister of Power, Adebayo Adelabu,...
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Champion Breweries Meets NGX Free Float Requirement

Champion Breweries Plc has announced that it has achieved full compliance with the minimum free float requirement for companies listed on the Main Board of the Nigerian Exchange Limited. The company disclosed in a statement that it received confirmation from NGX Regulation Limited that its free float has now risen above 20 per cent, meeting...
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Nigeria LNG cargo diverted to Asia amid price surge

A cargo of liquefied natural gas from Nigeria has been diverted to Asia after a surge in regional prices created an arbitrage opportunity for traders, according to a report by Reuters. Data from analytics firm Kpler showed that the LNG tanker BW Brussels, which loaded a shipment at the Nigeria LNG Bonny Island Terminal on...
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Why Biometric Verification is Replacing Passwords & SMS Toke

The Chief Executive Officer and Co-founder of Identy.io, Jesús Aragón, explains why passwords and SMS tokens are failing, and why biometrics is emerging as the most reliable identity verification method in this interview with OKECHUKWU NNODIM Briefly tell us about Identy.io Identy.io is a US-based company, but we operate globally. Our teams are deployed across...
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Sterling Bank offers 20-year affordable housing loans

Sterling Bank has formally entered into a partnership with the Ministry of Finance Incorporated Real Estate Investment Fund to launch a new, long-term mortgage initiative. This is a move aimed at reducing the nation’s significant housing deficit. The agreement, sealed at Sterling Bank’s headquarters in Lagos, promises to expand homeownership opportunities for a wide range...
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Minister on Women in Leadership and Strategy

The Minister of Industry, Trade, and Investment, Dr Jumoke Oduwole, has called on Nigerian women to approach leadership, influence, and economic participation with deliberate strategy and long-term thinking. She made the call during a fireside conversation at the #VioletsForHer International Women’s Day event, hosted by i-Invest in Lagos, where leaders from finance, media, law, and...
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FAAC Gets N11.5bn for 2026 Budget Planning Operations

The Federation Account Allocation Committee has approved the transfer of N11.5bn from the 0.5 per cent Stabilisation Fund to finance the operations of its sub-committees working on preparations for the 2026 national budget framework, according to official documents obtained by The PUNCH. According to a document on the 0.5 per cent Stabilisation Fund Account as...
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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...