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Experts lament as crude shortage, funds ground seven refineries

29.03.2025
The persistent unavailability of crude oil has significantly hindered investments in the establishment and full capacity operations of seven new and existing refineries across the country, local refiners stated on Thursday. They also warned that without a steady and reliable supply of crude, the ambitious objective to attract investors and investments aimed at boosting local...
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2024 maritime exports exceeded imports by 39% – NBS

29.03.2025
Goods exported via maritime transport exceeded imports in the same category by 39.76 per cent in 2024, a sharp deviation from other modes of foreign trade transport. This highlights the fact that importers avoided delay during the period under review. According to the National Bureau of Statistics, the value of goods exported via maritime transport...
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Nigeria Food Summit advocates global appeal for local cuisine

28.03.2025
The Nigeria Food Summit 2025 has reinforced efforts to position Nigerian cuisine on the global stage, bringing together industry leaders, chefs, and policymakers to explore the nation’s culinary potential. Held at the Landmark Centre, Lagos, the summit was themed ‘Making Nigeria a Global Food Destination’. The second edition of the Nigeria Food Summit offered a...
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Fidelity Bank supports Kano community with food

28.03.2025
Over 1,500 residents have benefited from a Fidelity Food Bank outreach in the Kabuga community, Dala Local Government Area of Kano State. According to a statement from the bank on Wednesday, the initiative was a corporate social responsibility programme executed in partnership with the Misnoory Foundation. It saw the staff of the bank distribute essential...
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Access ARM backs mortgage provision for contributors

28.03.2025
Access ARM Pensions is implementing significant reforms aimed at streamlining its operations and actively supporting contributors in achieving home ownership in the evolving Nigerian pension industry. According to a statement available to The PUNCH on Thursday, some executives of the company said this at a recent Human Resources and Pension Desk Officers Forum in Lagos....
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FG to facilitate concessions of major highways

28.03.2025
The Federal Government has said that the Highways Management and Development Initiative will facilitate the concessions of major highways to improve road infrastructure. The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, made this announcement during a Zoom dialogue meeting in Abuja on Thursday. “The Highways Management and Development Initiative would...
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CITN introduces reforms in taxation education

28.03.2025
The Chartered Institute of Taxation of Nigeria has announced a significant reform in taxation education through its examination system. According to a statement, the new examination system is set to take effect from April 2025. “This groundbreaking development includes the introduction of a revised syllabus and the adoption of computer-based examinations for all candidates, marking...
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Unlocking wealth through financial education

28.03.2025
Financial literacy is the foundation of wealth creation, equipping individuals with the knowledge and skills to make informed financial decisions, JOSEPHINE OGUNDEJI writes Ever heard the saying, “It is not how much you make, but how much you keep”? That is where financial literacy comes in. You could earn a fortune, but without understanding how...
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Women constitute 35% of bank directors– Cardoso

28.03.2025
As part of activities marking International Women’s Month, the Central Bank of Nigeria has reaffirmed its commitment to gender inclusion in the financial sector, highlighting the increasing presence of female leaders in top positions across banks and regulatory bodies. Speaking at the grand finale of the International Women’s Day commemoration at the CBN headquarters in...
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Equity market extends losses as investors shed N31bn

28.03.2025
The Nigerian Exchange Limited extended its losing streak on Thursday, as investors recorded a N31bn decline in market capitalisation. At the close of trading, the All-Share Index dipped by 0.05 per cent to settle at 105,426.12 points, compared to the previous day’s 105,475.38 points. Consequently, the total market capitalisation declined to N66.11tn from N66.14tn. A...
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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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