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Dangote refinery begins fuel export to W’African countries

The Dangote Petroleum Refinery has begun the export of refined petroleum products to neighbouring West African countries, a sign to traders that the mega-refinery’s operations could soon potentially shake up regional fuel markets. A report by Bloomberg on Tuesday, quoting data sourced from Vortexa, Kpler, Precise Intelligence, a port report, and ship-tracking platform, said a...
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Bauchi, Galaxy Backbone sign pact to deploy ICT infrastructure

The Federal Government-owned digital infrastructure company, Galaxy Backbone, and the Bauchi State Government have signed an agreement to deploy digital infrastructure and ICT services across the state. The company made this announcement in a statement issued by the Head of Corporate Communications at Galaxy Backbone, Chidi Okpala, on Wednesday. The pact was formalised during a...
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Why CNG engines are suitable to save cost

Take it or leave it, the country’s current economic situation is harsh for both the rich and the poor, and many are thinking of ways to cut costs and save more. In this piece, ANOZIE EGOLE looks at the benefits of Compressed Natural Gas engines to Nigerians, especially low-income earners. As the cost of Premium...
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Travel firm pledges ticket price slash

One of Nigeria’s travel agencies, Super International Travels, is bringing the holiday spirit to travel professionals with its upcoming event tagged ‘The Super International Travels Agency Hangout 2024’. The gathering will take place at the agency’s headquarters in Ikeja and provide an opportunity for expert networking, industry insights, and valuable training for travel agents. This...
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AG uncovers N4.6bn unapproved spending in Umahi’s ministry

An audit report has uncovered financial irregularities totalling over N4.64bn in the Federal Ministry of Works (Housing Sector), raising concerns about systemic non-compliance with financial regulations and procurement laws. The findings, contained in the Auditor-General for the Federation’s Annual Report, cover activities between 2020 and 2021 and reveal significant lapses in internal controls under Babatunde...
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Africa’s air safety rating has improved – IATA

The Director-General of the International Air Transport Association, Willie Walsh, had expressed satisfaction with the progress African airlines have made in safety, stressing that the continent has made significant safety improvements. This is coming as the IATA chief admitted that the continent’s carriers are faced with enormous challenges, including high costs and taxes, jet fuel...
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Vessel funds not missing – NIMASA

The Nigerian Maritime Administration and Safety Agency has said that the $350m accrued under the Cabotage Vessel Financing Fund is intact and currently with the Central Bank of Nigeria under the Single Treasury Account. The agency reacted to a recent media publication that alleged that funds had disappeared from the CVFF account. In a statement...
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Fast credit launches kiddies swag account

Fast Credit Limited has introduced a savings product, the KiddiesSwag account, designed for children and young adults aged 0-18 years. In a statement made available to our correspondent on Tuesday, the account aims to instill early saving habits while offering benefits, including a 15 per cent annual interest rate. According to the statement, the fully...
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I apologise for saying no heaven without tithe – Adeboye

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

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

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...