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NNPCL is part of our business — Dangote

The President of the Dangote Group, Alhaji Aliko Dangote, has said that the Dangote Petroleum Refinery is not competing with the Nigerian National Petroleum Company Limited, stressing that NNPCL “is part and parcel of our business.” According to a statement by the NNPC spokesperson, Olufemi Soneye, on Friday, Dangote stated this when he visited the...
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Recycle, don’t ban plastics, manufacturers urge govt

The Pan-African Manufacturers Association has called on African governments to prioritise recycling and circular economy strategies over sweeping bans on single-use plastics, warning that the growing trend of outright prohibitions poses a major threat to the continent’s fragile manufacturing base. PAMA noted in a statement that the recent wave of plastic bans across Africa, including...
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Nigerian Bottling Company bags award

Nigerian Bottling Company Limited, the authorised bottling partner of the Coca-Cola Company in Nigeria, has been honoured with the Best Sustainability Project of the Year award at the 2024 edition of The Industry Awards. The recognition was for its recently commissioned Packaging Collection Hub in Apapa, Lagos, an initiative that exemplifies NBC’s commitment to environmental...
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Meta’s exit may devastate 20m MSMEs – IT firms

Meta Platforms’ threat to halt Facebook and Instagram operations in Nigeria could devastate 56 per cent of the nation’s 39.6 million micro, small, and medium enterprises, industry players in the information technology space have explained. They further noted that such an exit would erode tax revenues and force businesses to seek costly alternatives, as a...
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OPEC April oil output falls – Report

The Organisation of the Petroleum Exporting Countries’ oil output edged lower in April despite a scheduled output hike taking effect, a Reuters survey found. The decline was led by a cut in Venezuelan supply on renewed United States attempts to curb the flows and smaller drops in Iraq and Libya. The Organisation of the Petroleum...
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Airtel Africa rebounds with $661m pre-tax profit

Airtel Africa has released its full-year 2025 financial report for the period ending March 31, 2025, posting a pre-tax profit of $661m, a sharp turnaround from a pre-tax loss of $63 million in the 2024 financial year. This represents a remarkable 1,147.8 per cent year-on-year growth in reported currency. Profit after tax reached $328m, a...
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Dangote, NNPC pledge collaboration for national growth

The President/Chief Executive Officer of the Dangote Group, Aliko Dangote, on Thursday paid a courtesy visit to the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mr Bayo Ojulari, in Abuja. The high-level meeting, held at the NNPC Towers, focused on promoting mutually beneficial partnerships and fostering healthy competition between Dangote Petroleum...
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Customs target two-hour cargo clearance at Tincan Island

The Nigeria Customs Service, Tincan Island Command, said that the full implementation of the B’Odogwu System at the command will reduce cargo clearance to about two hours. Speaking with some journalists at the command on Thursday, the Customs Area Controller of the command, Frank Onyeka, said the application is glitch-free, hence would ease the difficulties...
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NCAA slams N3m fine on Kenya Airways

The Nigeria Civil Aviation Authority has sanctioned Kenya Airways with a N3m fine among other measures over the alleged maltreatment of Nigerian passengers. The NCAA gave the airline a seven-day ultimatum to refund and compensate the affected passengers. The NCAA spokesman, Michael Achimugu, disclosed the N3m fine to our correspondent on Thursday, after posting a...
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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...