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Applicants can access $25m from cabotage fund – Oyetola

24.04.2025
The Minister of Marine and Blue Economy, Adegboyega Oyetola has stated that qualified applicants can access up to $25m each at competitive interest rates from the Cabotage Vessel Financing Fund. The Special Adviser to the Minister on Media & Communications, Dr Bolaji Akinola, announced this in a statement recently. The minister also directed the Nigerian...
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Bellazir Energy promises to transform fuel supply

24.04.2025
Bellazir Energy Ltd, a new entrant in Nigeria’s energy sector, is set to revolutionise fuel supply and distribution across the country. In a statement, the company said it will officially unveil operations on April 29 in Lagos. “Specialising in the supply and distribution of petroleum products, the company aims to provide efficient, reliable, and sustainable...
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Ax Gas offers affordable car conversion

24.04.2025
The Chief Executive Officer of Ax Gas, Andre Bassey, says Nigerians can now convert their petrol-powered cars to run on Compressed Natural Gas at affordable rates. Contrary to the widespread belief that the cost of CNG auto conversion is beyond the power of an average Nigerian, Bassey said people can convert their cars without spending...
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Dangote, Mikano, 103 others get FG’s tax waivers

24.04.2025
The total number of local and foreign companies exempted from remitting tax revenue to government coffers increased to 105 as of December 2024, The PUNCH reports. Dangote Fertilisers, Mikano International Limited, and 103 others are included in this list. This came amid uncertainties over the programme’s effectiveness and the government’s announced plan to discontinue the...
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Business leaders to participate in DBNC conference

24.04.2025
Some of Nigeria’s most influential business figures, as well as those outside the country, including Tonye Cole, Paul Onwuainibe, JoEllen Gorg, and Fola Aiyesimoju, will headline the 2025 edition of the Doing Business in Nigeria Conference. The conference is scheduled for this month under the theme “Navigating the Storm: Thriving in a Transforming Nigeria.” According...
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NLC refutes Adelabu’s claim of adequate power supply

24.04.2025
The Nigeria Labour Congress has issued a scathing response to the recent claim by Minister of Power, Adebayo Adelabu, that 150 million Nigerians now enjoy “adequate electricity” with just 5,500 megawatts of power. The NLC described the statement as delusional and deeply insensitive, stating that it had sparked a nationwide backlash from workers, energy experts,...
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CIIN seeks collaboration with diaspora insurance professionals

24.04.2025
The President/Chairman of the Council of the Chartered Insurance Institute of Nigeria, Yetunde Ilori, has called for stronger collaboration with Nigerian insurance professionals based in the United Kingdom. In a statement on Tuesday, the President emphasized the importance of engaging diaspora members in shaping the future of the Nigerian insurance industry in a recent virtual...
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Union Bank empowers young footballers

24.04.2025
Union Bank of Nigeria has reaffirmed its commitment to youth development and education through its sponsorship of the 11th edition of the Greensprings Football Academy. In a statement on Wednesday, the five-day football training camp, which took place recently in Lagos, catered to children aged between 5 and 17 years. The event brought together a...
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NMDPRA, FCCPC urged to protect fuel importers

24.04.2025
A call has been made to the Nigerian Midstream and Downstream Petroleum Regulatory Authority and the Federal Competition and Consumer Protection Commission to protect traders’ rights to import petroleum products into the country. This comes amid concerns that depot owners and importers may go out of business due to the country’s growing local refining capacity....
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NCDMB pledges to support Renaissance Energy

24.04.2025
The Executive Secretary of the Nigerian Content Development and Monitoring Board, Felix Ogbe, has expressed total support for the vision and long-term plan of Renaissance Africa Energy Company Limited following the consortium’s acquisition of the onshore oil assets of the Shell Petroleum Development Company. Addressing a delegation of the company during a recent visit to...
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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
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

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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