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Dangote Refinery to Reinstate N5 Fuel Discount Scheme

20.07.2025
The Dangote Petroleum Refinery has disclosed plans to reintroduce its suspended N5 per-litre fuel discount scheme for its strategic partners, after temporarily halting the initiative due to reported infractions by some participating marketers. PUNCH Online had exclusively revealed earlier on Friday that the refinery uncovered a fresh racket involving some of its affiliate marketers and...
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Terminal Operator Disputes NIMASA ISPS Shutdown, Seeks Reass

20.07.2025
A terminal operator, TMDK Terminals, has refuted reports linking the recent shutdown of its operations to alleged “persistent non-compliance” with the International Ship and Port Facility Security Code. In a statement issued on Friday, the operator insisted that it remains committed to maritime security and operational standards. The firm described the action by the Nigerian...
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Telecom Vandalism Threatens Nationwide Network Collapse in N

20.07.2025
The Association of Licensed Telecommunications Operators of Nigeria has issued an urgent call for government and security intervention as a wave of vandalism and theft targeting critical infrastructure threatens to disrupt services nationwide. The Chairman of ALTON, Gbenga Adebayo, said in a statement on Thursday that the surge in attacks on telecommunications facilities could lead...
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Electricity Subsidy Soars 220% to Nearly N2tn in Nigeria

19.07.2025
•Economic strain blamed for unsustainable power subsidy levels •36 governors reject amendment to Electricity Act The Federal Government’s electricity tariff subsidy jumped from N610bn in 2023 to N1.94tn in 2024, The PUNCH reports. This represents a 219.67 per cent increase in yearly subsidy funding, despite the Band A tariff hike of April 2024. The Nigerian...
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Nigerian Motorcycle Makers Decry Govt Neglect, Seek Local Pa

19.07.2025
The Motorcycle Manufacturers Association of Nigeria has accused government officials of neglecting local motorcycle makers, hinting at plans to write a formal appeal to the National Assembly urging lawmakers to adhere to the Nigeria First procurement policy by patronising locally assembled motorcycles for constituency projects. In a phone interview with The PUNCH, Chairman of MOMAN,...
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Nigeria Targets N23tn GDP Growth with Value-Addition Law

19.07.2025
The Federal Government is concerned that Nigeria is losing money through excessive unprocessed raw material exports, considering that its GDP in 2024 averaged N19.83tn. In 2025, it mulls a value-addition law that will help to plug the leakages and increase real output to N23.2tn and beyond, ARINZE NWAFOR writes The Federal Government is eyeing a...
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NGX Gains N833bn as Cement Stocks Surge

19.07.2025
The Nigerian Exchange Limited gained momentum on Thursday as cement stocks pushed the market capitalisation higher by N833bn, buoyed by strong investor interest. The benchmark All-Share Index rose by 1.02 per cent or 1,316.76 points, closing at 130,283.84, while the market capitalisation climbed to N82.4tn from N81.57tn the previous day. The year-to-date return for the...
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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
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

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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