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Local refineries importing substandard crude, PETROAN alleges

05.04.2025
The Petroleum Products Retail Outlet Owners Association of Nigeria says some local refineries are importing substandard crude into Nigeria to cut costs. Speaking with our correspondent on Thursday, PETROAN National Publicity Secretary Joseph Obele said the refineries have been importing crude oil with high sulphur content into Nigeria. Asked to mention some of the refineries,...
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Pelican Valley, POWA collaborate on women empowerment

05.04.2025
Pelican Valley Nigeria Limited has announced plans to collaborate with the Police Officers Wives Association to support women and families through empowerment initiatives. The Chief Executive Officer of Pelican Valley, Dr Babatunde Adeyemo, made this known on Tuesday during a visit by a 13-member delegation of the Ogun State chapter of POWA, led by the...
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United Capital pays N9bn dividend

05.04.2025
Pan-African investment bank and financial services group United Capital is set to pay a dividend worth N9 bn to shareholders on Friday (today) for the 2024 financial year. According to its corporate filings with the Nigerian Exchange Limited, the shareholders will receive the dividend payout after its approval at its Annual General Meeting scheduled for...
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Manufacturers need bailout to survive – Operator

05.04.2025
Chief Executive Officer of Olatunde Prestige Limited and Bezaleel Manufacturing Company, Babatunde Ebidero, discusses with BANKOLE TAIWO some factors hampering the growth of small and medium-scale enterprises in the country, among other issues How are manufacturers coping with the present economic realities? The truth is that the current economic reality is a global challenge, but...
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Manufacturers regaining confidence as forex stabilises – MAN

04.04.2025
Manufacturers are optimistic about the stability of the sector following a challenging period of unsold inventory and economic uncertainty, according to the Chairman of the Manufacturers Association of Nigeria, Ogun State Chapter, George Onafowokan. The PUNCH reported in 2024 that the MAN Ogun State chairman lamented the unsold inventory of members rising to N350bn due...
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ITUC condemns Trump’s trade war

04.04.2025
The International Trade Union Confederation has condemned the Trump administration’s new trade tariffs, warning that the policies could spark a global trade war, lead to job losses, and increase consumer prices. The tariffs, unveiled on April 2, mark an aggressive shift in United States trade policy, which ITUC argued prioritised national competition over international solidarity....
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Lagos to host energy summit for sustainable power solutions

04.04.2025
The Lagos State Ministry of Energy and Mineral Resources has announced the maiden edition of the Lagos Energy Summit, targeted at driving sustainable power solutions. The summit tagged ’Journey to Energy for Al’l’ is aimed at fostering robust discussions through stakeholder engagements while proffering innovative solutions for the state’s energy sector. The summit will take...
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Foundation trains 30,000 students in environmental sustainability

04.04.2025
The Foundation for a Better Environment has trained over 30,000 schoolchildren in environmental sustainability through its EcoSchoolsNG project, which began in 2016. Founder of the FABE Foundation and convener of the EcoSchoolsNG project, Temitope Okunnu, made this known at the project’s 2024 closeout ceremony held recently in Lagos. “The EcoSchoolsNG initiative was borne out of...
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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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