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Atiku: Transparency Crucial for PIA Amendments

17.09.2025
Former Vice President Atiku Abubakar has urged the Federal Government to ensure transparency and national interest in the proposed amendment of the Petroleum Industry Act, warning that non-transparent processes could erode investor confidence and weaken Nigeria’s sovereignty over its natural resources. His warning comes amid reports that the Office of the Attorney General of the...
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Nigeria Inflation Eases, But Small Businesses Struggle

17.09.2025
Nigeria’s headline inflation rate fell for the fifth consecutive month in August, easing to 20.12 per cent from 21.88 per cent in July. While the National Bureau of Statistics described the trend as a sign of moderating price growth, small businesses, households, and private sector leaders say the reality on the ground paints a different...
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Dangote Vows to Fight ‘Oil Mafia’ Sabotaging Refinery

17.09.2025
Africa’s richest man and President of Dangote Group, Alhaji Aliko Dangote, has raised alarm over what he described as deliberate attempts by “mafias” in the petroleum sector to frustrate the operations of his multibillion-dollar refinery. Dangote, speaking in Lagos on Monday after officially flagging off compressed natural gas (CNG)-powered trucks for direct fuel distribution, likened...
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5 Firms Project N24.34bn Profit in 20

17.09.2025
Five companies listed on the Nigerian Exchange have projected a combined profit after tax of N24.34bn for the 2025 financial year, according to their earnings forecasts filed with the Nigerian Exchange Limited recently. The firms include AIICO Insurance Plc, Red Star Express Plc, SUNU Assurances Nigeria Plc, Prestige Assurance Plc, and Eterna Plc. Their projections...
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Nigeria’s FDI Decline: MPC Urges Coordinated Approach

17.09.2025
Members of the Monetary Policy Committee of the Central Bank of Nigeria have called for a coordinated and whole-of-government approach to boost the nation’s Foreign Direct Investments. This call was made in the Personal Statements of the members, which were published on the website of the apex bank on Monday, ahead of this month’s MPC...
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E-Clearance Launched to Decongest Apapa Port

17.09.2025
The Nigeria Customs Service has launched Overtime E-Clearance System, an automated platform aimed at improving cargo management and reducing port congestion at Apapa Port. According to the Service, the platform, unveiled on Monday, will address a staggering 15-year backlog of abandoned cargo and tackle corruption in the system. Customs announced this in a statement on...
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Traders Cite Fuel, Transport Costs

17.09.2025
Prices of yams have surged in several Abuja markets, with traders attributing the increase to rising fuel prices and transportation costs affecting the movement of produce from farming regions. A market survey by the News Agency of Nigeria on Tuesday showed yam prices continue climbing, despite the arrival of new yams, which usually signals a...
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Nigeria Unlocks $18bn Oil & Gas Investment for 2025

17.09.2025
The Nigerian Upstream Petroleum Regulatory Commission has disclosed that its competitive reform agenda in the oil and gas sector has unlocked $18.2bn worth of Field Development Plans for 2025, a milestone that underlines renewed investor confidence in the country’s upstream industry. The Chief Executive of the Commission, Gbenga Komolafe, made the disclosure on Tuesday at...
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Dangote Targets Global Fertiliser Export Dominance by 2026

17.09.2025
President of Dangote Group, Aliko Dangote, has declared that Nigeria is on track to become a global powerhouse in fertiliser and petrochemicals, with his company targeting the position of world’s largest exporter of urea fertiliser by 2026. Dangote made the disclosure on Monday while briefing journalists at the Dangote Refinery complex in Lagos, during an...
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Durotoye, Awosika to Train Nigerian Youths in Leadership

16.09.2025
Former Chairman of First Bank of Nigeria, Ibukun Awosika, and entrepreneur and nation-builder Tara Fela-Durotoye, will be empowering youths with leadership skills at the maiden edition of the Building Beyond You Conference 2025 in Lagos, on Thursday, September 18. According to a statement released on Monday, the conference, themed ‘Building Beyond You’, is designed to...
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I apologise for saying no heaven without tithe – Adeboye

04.10.2024
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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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