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Dangote Refinery Crude Oil Sales Hit N219bn

The Federal Government sold crude oil valued at N219.38bn to the Dangote Petroleum Refinery in the first four months of 2025, The PUNCH reports. The government also earned $1.59m from crude oil exports in April 2025, during the period it suspended sales of domestic crude allocations to the Dangote refinery and local refiners. These details...
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Govt to Clear Contractor Payments

The Federal Government has announced plans to clear outstanding payments owed to contractors who have duly completed verified projects across Ministries, Departments, and Agencies, while also continuing the phased payment of the N35,000 wage award arrears to civil servants. In a statement on Tuesday by the Director of Press and Public Relations, Office of the...
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Intra-African Trade to Double: AfCFTA’s Impact

President and Chairman of the Board of Directors of African Export-Import Bank, Prof. Benedict Oramah, has projected a rise in intra-African trade, stating that the current 15 to 17 per cent share is expected to double within the next decade, driven largely by the implementation of the African Continental Free Trade Area. He made this...
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Cyber Attacks Surge 115%: SMEs Under Siege

Small and Medium-scale Enterprises have recorded a 115 per cent increase in cyber attacks from fake productivity tools and artificial intelligence platforms. This was disclosed by a global cybersecurity and antivirus company, Kaspersky, on Thursday, indicating that these attacks took place in the first four months of 2025. The new report indicated that in 2025,...
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Substandard Roofing Sheets: SON Decries Fake Products

The Standards Organisation of Nigeria has raised the alarm over the rising influx of substandard roofing sheets in the Nigerian market, warning that poor-quality products and faulty installation practices threaten lives, property, and the integrity of the building industry. The organisation issued the warning during a stakeholders’ forum themed ‘Boosting the Building Industry Value Chain...
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Oyo Windstorm: 20 Communities in Darkness

No fewer than 20 communities in Ibadan, the Oyo State capital have been plunged into darkness following a windstorm that damaged electricity infrastructure along the Gbagi-Olubadan Estate axis on New Ife Express Road. The Ibadan Electricity Distribution Company, in a statement on Wednesday, said the incident affected several critical feeders, including the Alakia 33 kV,...
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Oil Licence Extension: NUPRC Demands $5,000 Fee

The Nigerian Upstream Petroleum Regulatory Commission has written to holders of over 40 Petroleum Prospecting Licences, informing them of their PPL tenure expiration and the conditions for extension. According to the NUPRC, any holder who wishes to apply for an extension must pay $5,000 as an application fee. The PUNCH had reported earlier that the...
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Tranos Expands Manufacturing with New Facility in Nigeria

Engineering and manufacturing firm Tranos has commenced the construction of a production facility in Mowe, Ogun State, which it says reinforces its commitment to Africa’s industrial growth and Nigeria’s energy and infrastructure ambitions. Chief Executive Officer, Jude Abalaka, described the groundbreaking as a major step towards industrial innovation on the continent. In a statement, he...
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Lubricant Import Policy Sparks Clash in Nigeria

A fresh row has erupted between the Federal Government and lubricant manufacturers over the issuance of import permits to bridge the country’s 60 per cent supply shortfall in the lubricant market. At the centre of the dispute is a new policy direction championed by the Nigerian Midstream and Downstream Petroleum Regulatory Authority, which industry operators...
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1,346 Women Rewarded at Grooming Splash 2

Grooming People for Better Livelihood Centre says it rewarded 1,346 of its members with business support items during the 14th edition of its annual Grooming Splash event held in Lagos recently. The Chief Executive Officer, Dr Godwin Nwabunka, said in a statement that the initiative reflected the centre’s ongoing commitment to rewarding hard work 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...