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Afreximbank leads $4bn funding for Dangote refinery

The African Export-Import Bank has underwritten $2.5bn out of a $4bn senior syndicated term loan for Dangote Petroleum Refinery and Petrochemicals, in a move aimed at strengthening the refinery’s financial position and supporting its long-term growth. In a statement issued on Tuesday and posted on its website, the bank said it acted as a co-Mandated...
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ipNX supports women in tech through STEM outreach

Nigerian ICT company ipNX has reaffirmed its commitment to advancing gender inclusion in the technology sector through a series of initiatives aimed at empowering women and inspiring young girls to pursue careers in science and technology. The programmes, organised to commemorate the recent International Women’s Day 2026, align with the global theme, ‘Give to Gain’,...
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Leaders urge deep seaport development in Nigeria

Former Nigerian President, Dr Goodluck Jonathan, and former Board of Trustees Chairman of the Nigerian Ports Authority, Bode George, among other stakeholders, have called for the establishment of an international seaport in Nigeria to prevent further diversion. They warned that until appropriate steps are taken, Nigeria risks a future where its goods will have to...
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N1.84tn Credit Drop Hits Nigeria ICT Funding & Digital Goals

Nigeria’s Information and Communication Technology sector has seen a contraction in bank credit, with total exposure falling to N1.84tn as of September 2025. Analysts contend that expanding financial access for the sector is essential to foster a competitive digital economy, writes ARINZE NWAFOR Observers of Nigeria’s technology sector maintain a strong belief in its vast...
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Firm launches new AI system to counter cyber threats

An AI security research and products company, Glemad, has launched a new artificial intelligence model designed to autonomously detect and respond to cyber threats, as organisations seek faster and more efficient ways to secure digital infrastructure. The company disclosed this in a press statement on Sunday, introducing the system known as Autonomous Defence Transformers. The...
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Transcorp Power School produces Delta maths champion

The Transcorp Power School has solidified its reputation as a hub for academic excellence after one of its pupils, Etagbedavwe Amwarha, emerged as the overall winner of the 2025 Delta State Primary School Mathematics Competition. The victory marks a significant milestone in Transcorp Power Plc’s ongoing efforts to foster intellectual growth and community development within...
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Banks Recapitalisation: ACAMB Hails Industry Resilience

The Association of Corporate Affairs Managers of Banks has formally commended the Nigerian banking sector for its robust performance in meeting the Central Bank of Nigeria’s stringent new capital requirements ahead of the 31 March 2026 deadline. With over 96 per cent compliance recorded across the industry, the umbrella body for corporate communications professionals in...
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Cornerstone Insurance Wins 2025 Company of the Year Award

The Group Managing Director of Cornerstone Insurance, Stephen Alangbo, has dedicated the announcement of Cornerstone Insurance Plc as the 2025 Insurance Company of the Year to his team, crediting the achievement entirely to the dedication of the workforce. The prestigious honour was conferred by Champion Newspapers during an elite ceremony held in Lagos, attended by...
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Business Club Ikeja Thrives Despite Economic Volatility

The Business Club Ikeja has successfully navigated a period of intense economic volatility, reporting significant progress in governance, infrastructure, and financial health during its 32nd Annual General Meeting held in Lagos. Addressing members at the assembly, the Business Club Ikeja President, Adesola Falaye, credited the organisation’s recent successes to a culture of resilience and collective...
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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...