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11Plc MD Oyebanji Retires After 45-Year Service

07.03.2026
The Managing Director of 11Plc, Mr Adetunji Oyebanji, will retire from the company after 45 years of service. The development was contained in a notice signed by the Company Secretary and addressed to NASD Plc and the investing public, dated March 3, 2026. The retirement will take effect from March 31, 2026, after over 45...
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Unlocking Nigeria’s gas potential with finance & technology

07.03.2026
The Managing Director of Zamam Offshore Services Limited, Mr Oluwole Asalu, has called for stronger financing frameworks, deliberate infrastructure investment, and accelerated technology adoption to unlock Nigeria’s domestic gas potential. According to a statement, Asalu made the call during a panel session at the recently held Lagos Energy Week, where he joined industry leaders to...
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NAICOM & BPP Partner on Public Procurement Compliance

07.03.2026
The National Insurance Commission has signed a Memorandum of Understanding with the Bureau of Public Procurement to strengthen the insurance industry, particularly in relation to public procurement processes. According to a statement from the insurance regulator, the Commissioner for Insurance, Olusegun Omosehin, on Monday welcomed the Director-General of BPP, Adebowale Adedokun, and his delegation to...
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Impact on Nigeria’s Oil & Inflation

07.03.2026
Nigeria’s financial markets may face a mixed outlook if tensions in the Middle East escalate into a wider conflict, according to recent macroeconomic analyses by investment firms, which say the impact will largely come through global oil prices. A macro report by Comercio Partners on Wednesday titled ‘Hormuz Shock, Nigerian Oil: Price Spike Offers Limited...
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Tinubu’s Policies Spur Nigeria’s Economic Growth

07.03.2026
A senior analyst at S&P Global Ratings said that Nigeria’s reform drive has been encouraging, adding that the reforms introduced by Bola Tinubu are expected to sustain the country’s economic growth this year. The analyst among others made this observation at a webinar hosted by S&P Global Ratings and themed ‘Africa’s 2026 Credit Cycle Dynamics’....
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Leaders Push Reforms to Unlock Insurance Growth in Nigeria

07.03.2026
Senior policymakers, regulators, and industry leaders convened at the Insurance Sector Transformation Consultative Forum 2026, a landmark industry gathering aimed at accelerating reforms, rebuilding consumer trust, and unlocking the full potential of Nigeria’s insurance industry. The high-level forum, held on March 5, 2026, brought together key stakeholders from government, regulatory institutions, financial services, and the...
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Agents and NSC Clash Over Rising Nigerian Shipping Charges

06.03.2026
There seems to be a growing controversy between licensed agents operating at the nation’s seaports and the Nigerian Shippers’ Council, which is the ports’ economic regulator. While licensed agents have accused the management of the Nigerian Shippers’ Council of fueling the increase in shipping charges by some foreign shipping companies, the NSC has insisted that...
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FAAN insists cashless policy to continue despite airport cha

06.03.2026
The Federal Airports Authority of Nigeria has insisted that the cashless payment policy at Nigerian airports will remain in place, despite the confusion and complaints that trailed its recent rollout. Speaking to journalists on Thursday at the airport, the Managing Director of FAAN, Olubunmi Kuku, said the directive remains a key government policy but assured...
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Manufacturers Eye Credit Boost as Bank Lending Drops

06.03.2026
Manufacturers are anticipating improved access to bank credit following recent monetary policy easing, after lending by Nigerian deposit money banks to the sector dropped to N7.09tn in September 2025, reflecting the tight credit conditions under which the industry operated during the year. An analysis of the Central Bank of Nigeria’s third-quarter 2025 statistical bulletin showed...
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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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