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Indian Firm to Lead $350m Dangote Refinery Expansion

Engineers India Limited has announced that it will lead the expansion of the Dangote refinery, a project that will increase the facility’s capacity from 650,000 barrels per day to 1.4 million barrels per day. In a statement, EIL said it had signed a contract agreement valued at more than $350m with the Dangote Group to...
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Standard Chartered Nigeria appoints new acting CEO

Standard Chartered Nigeria has announced the appointment of Ayodeji Adelagun as the Acting Chief Executive Officer of Standard Chartered Bank Nigeria Limited. Adelagun, who has been with the bank for over 19 years and has more than 26 years’ experience in the financial services sector, brings extensive expertise spanning financial markets, banking operations, securities trading,...
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Nigeria’s Non-Oil Exports Hit All-Time High of $6.1bn

Nigeria’s non-oil exports rose to an all-time high of $6.1bn in 2025, marking the strongest performance recorded in the sector since the establishment of the Nigerian Export Promotion Council nearly five decades ago. The figure represents an 11.5 per cent year-on-year increase over the $5.4bn recorded in 2024, reinforcing signs of growing momentum in the...
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Ikeja Customs Intercepts Four Live Pangolins in Ogun State

The Nigeria Customs Service, Federal Operations Unit Zone A, Ikeja, said it intercepted four live pangolins during a targeted patrol at Alapa Creek, Ajilete community, in Ogun State. Announcing this in a statement on Monday, the command’s Public Relations Officer, Hussaini Abdullahi, a Chief Superintendent of Customs, described the feat as a significant victory in...
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Oyetola Inaugurates Nigerian Shippers’ Council Board

The Minister of Marine and Blue Economy, Adegboyega Oyetola, on Monday formally inaugurated the Governing Board of the Nigerian Shippers’ Council. According to a statement by the Special Adviser to the Minister, Dr Bolaji Akinola, the inauguration ceremony was held in Abuja. Speaking during the event, Oyetola described the inauguration as a significant milestone in...
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FG budgets N10m for Abuja second runway after N532bn bid

Confusion continues to surround the construction of the second runway at the Nnamdi Azikiwe International Airport, Abuja, with uncertainty over the actualisation of the project. Discussions around the project peaked in 2025 when its estimated cost reached N532bn. However, the seriousness of the government’s commitment came under scrutiny after the Ministry of Aviation and Aerospace...
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HR executive Azeez gets IFTDO board appointment

The President and Chairman of the Governing Council of the Institute of Leadership Coaching and Strategy, Dr Olasunkade Azeez, has been appointed a member of the International Federation of Training and Development Organisations Board’s Committee on International Conference and Certification, effective January 2026. The appointment was confirmed in a statement signed on Monday by IFTDO...
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Mutual Benefits Chairman Sells 850,000 Shares

The Chairman of Mutual Benefits Assurance Plc, Akinade Ogunbiyi, has reduced his shareholding in the company following the sale of 850,000 ordinary shares, according to an insider trading disclosure filed with the Nigerian Exchange Limited. The disclosure indicated that Ogunbiyi, a substantial shareholder, trimmed his stake while remaining one of the company’s key shareholders. The...
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FG Raises NALDA’s Budget Allocation to N25bn for 2026

The National Agricultural Land Development Authority, an agency of the Federal Government, has received a significant boost in the 2026 Appropriation Bill, with a total allocation of N25bn, up from N7.43bn in 2025. In 2025, NALDA’s allocation was entirely for capital expenditure, primarily for land acquisition, land clearing, and the purchase of agricultural equipment, aimed...
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Nigeria’s 2026 Poverty Alleviation Budget is Below 1%

The Federal Government plans to spend about N206.50bn on poverty alleviation-related projects in the 2026 budget, an amount that represents far below one per cent of the total N58.47tn spending proposal submitted to the National Assembly. A review of project-level data from the 2026 Appropriation Bill shows that all items directly tagged to poverty alleviation...
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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...