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Raising economic growth with MPC decisions

25.05.2025
The Monetary Policy Committee’s decision to retain the benchmark interest rate at 27.5 per cent, as expected, has triggered various reactions, FELIX OLOYEDE reports The Monetary Policy Committee tightening measures have constituted significant levers pulling inflation down. By retaining the benchmark interest rate at 27.5 per cent, leaving other parameters unchanged and instituting tough liquidity...
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GIZ drives renewable energy transition in Nigeria

25.05.2025
The German Agency for International Cooperation has reiterated its commitment to enhancing the energy transition in Nigeria, boosting seamless importation of clean energy components. Speaking at a just-concluded stakeholders’ consultative forum in Lagos, the Country Director of GIZ Nigeria and ECOWAS, Dr Markus Wagner, represented by Duke Benjamin, underscored the vital role the Nigeria Customs...
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Dangote slashes petrol price again amid import glut

25.05.2025
The Dangote Petroleum Refinery has announced a fresh reduction in the pump prices of Premium Motor Spirit (petrol) across the country, as the competition in the downstream oil sector heightens. The plant announced that the new rates now range from N875 to N905 per litre, depending on location. The new price regime, which marks a...
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Keyamo appointed chairman of West African ministers

24.05.2025
The Minister of Aviation and Aerospace Development, Festus Keyamo, has been appointed as the Chairman of the Council of Ministers of the Banjul Accord Group, states. The BAG Council of Ministers comprises ministers of transport and aviation from seven West African member states, namely Nigeria, Cabo Verde, The Gambia, Ghana, Guinea, Liberia, and Sierra Leone....
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Enugu inaugurates council to drive $30bn economy

24.05.2025
Governor of Enugu State, Dr Peter Mbah, on Thursday inaugurated the Enugu State Ease-of-Doing-Business Council, aligning the move with his administration’s commitment to transform the state’s economy from $4.4bn to $30bn by positioning it as a leading hub for business, investment, tourism, and quality living. Speaking at the inauguration of the 25-member council at the...
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NMDPRA still owing bridging claims, IPMAN tells DSS

24.05.2025
The National President of the Independent Petroleum Marketers Association of Nigeria, Abubakar Shettima, has told the FCT Director of the Department of State Services, Usman Dauda, that the Nigerian National Midstream and Downstream Petroleum Regulatory Authority has yet to pay all its fuel bridging claims. According to a release by IPMAN, Shettima led a delegation...
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Tinubu inaugurates NNPCL board

24.05.2025
President Bola Tinubu has sworn in the board and management of the Nigerian National Petroleum Company Limited, seven weeks after its appointment on April 2, 2025. The board’s non-executive chairman, Ahmadu Kida, and NNPCL’s group chief executive officer, Bashir Ojulari, were sworn in at a brief ceremony held at the Aso Rock Villa, Abuja, Thursday...
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500 polytechnic students begin CNG conversion training

23.05.2025
The Lagos state government has announced the commencement of a one-month intensive training programme on Compressed Natural Gas conversion for 500 polytechnic students across the South-West region. The training, held in Lagos, was made known through a statement signed by the Deputy Director of Public Affairs at the Ministry of Transport, Bolanle Ogunlola, on Thursday....
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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
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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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