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Nigeria’s imports from Malta hits N766bn – NBS

12.12.2024
Nigeria’s imports from Malta reached a record high of N766.81bn in the third quarter of 2024, according to the latest foreign trade statistics from the National Bureau of Statistics. The figure marked a sharp rise, placing Malta as Nigeria’s fifth-largest import partner for the period, accounting for 5.23 per cent of the country’s total imports,...
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Operators blame forex crisis for high petrol price

12.12.2024
Crude oil refiners and other players in the downstream sector have stated that the dollar charges on locally refined Premium Motor Spirit, popularly called petrol, coupled with the cost of importing crude are major reasons for the high cost of the product when compared to imported PMS. Data obtained from the Major Energies Marketers Association...
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Senate to stop enforcement of electrical standards by states

12.12.2024
The National Assembly has hinted at its plans to amend the 2023 Electricity Act. It said the amended act will seek to recognise the Nigerian Electricity Management Services Agency as the sole regulatory agency to enforce technical standards and regulations in the power sector. The Chairman, Senate Committee on Power, Eyinnaya Abaribe, disclosed this plan...
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Dangote refinery begins PMS exports to Cameroon

12.12.2024
Dangote Refinery has commenced the export of Premium Motor Spirit to Cameroon. This marks the first-ever export of petroleum products from Africa’s largest oil refinery and signals a new era of economic collaboration between Nigeria and Cameroon. The export, according to a statement signed by Dangote Refinery on Wednesday, is the result of a strategic...
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Nigerdock rewards long-service employees

12.12.2024
Determined to encourage employees, Nigerdock has recognised and honoured several employees for their meritorious and diligent service to the company. In a statement on Tuesday, the company said the employees were recognised during the company’s recent long service award ceremony. “The awardees are attached to Nigerdock’s shipyard, free zone, and corporate divisions,” the statement read...
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Coast Guard Bill will enhance ports security — Stakeholders

12.12.2024
Stakeholders in Nigeria’s maritime sector have expressed strong support for the Coast Guard Bill currently before the National Assembly, describing it as a crucial step in enhancing the federal government’s efforts to secure the nation’s maritime domain. In a recent statement, the Nigerian Maritime Administration and Safety Agency stated that the remarks came during a...
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Ajaero commends maritime workers

12.12.2024
The President of the Nigerian Labour Congress, Joe Ajaero, has praised the transformation of the union under the leadership of Adewale Adeyanju, with just months remaining until the general election of the Maritime Workers Union of Nigeria. Ajaero made the commendation on Tuesday during the plenary session of the MWUN National Executive Council in Lagos....
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Nuhu seeks NCAA exit amid battle for DG position

12.12.2024
Director-General of the Nigeria Civil Aviation Authority, Musa Nuhu, has submitted his terminal leave letter to the Ministry of Aviation and Aerospace Development, being a new twist in the battle for the exalted position. The PUNCH had reported the horse race involving the acting DG of the NCAA, Capt. Chris Najomo, and a few industry...
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Mikano Motors launches Changan X7 Plus, CS 95

12.12.2024
Head of African Sales at Changan, Stephanie Wang, has said the company has sold over 2.5 million vehicles globally in the first 11 months of 2024, with new energy vehicle sales exceeding 640,000 units. She added that the company’s overseas sales amounted to 340,000 units, marking a year-on-year growth of 53 per cent. Wang made...
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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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