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NMDPRA grants Falcon 25-year gas distribution licence

17.02.2025
The Nigerian Midstream Downstream Petroleum Regulatory Agency has granted Falcon Corporation Limited a 25-year Gas Distribution Licence. A statement by the firm’s Managing Director, Prof Joe Ezigbo, said the licence confers Falcon Corporation with the exclusivity right to gas distribution within the Ikorodu Industrial Zone. Ezigbo added that the GDL marks a significant regulatory approval...
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WACT-APMT begins direct shipping from Asia to Onne Port

17.02.2025
The West Africa Container Terminal-APM Terminals Nigeria has received the Europe Afrique 4 service, providing weekly direct shipping to Onne Port in Rivers State from Asia and European markets. Announcing the development in a statement on Sunday, the terminal operator stated that the service was inaugurated at Onne Port last week with the arrival of...
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NIMC gets FG’s nod for overhaul of national identity system

17.02.2025
The Nigerian government has reiterated its commitment to strengthening the national identity system, urging full support for the National Identity Management Commission to accelerate digital identity enrolment and reforms. Secretary to the Government of the Federation, Senator George Akume, said Nigerians would be required to use the National Identification Number to access social services, including...
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FG partners Zipline on rural healthcare, drone tech

17.02.2025
The Federal Government and the Bayelsa State government have partnered with Zipline, a global leader in instant logistics and drone technology, to enhance the state’s medical supply chain. The was disclosed in a statement to The PUNCH on Sunday. Minister of Health and Social Welfare, Professor Muhammad Pate, and Governor Douye Diri of Bayelsa State...
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OPEC forsees lower Dangote refinery petrol price

17.02.2025
The Organisation of the Petroleum Exporting Countries has expressed optimism that the Dangote Petroleum Refinery can lower petrol prices in Nigeria. This is even as the refinery is asking the Federal Government to fully implement the naira-for-crude deal by supplying it with enough feedstock for its ramp-up plan. Officials of the $20bn Lekki-based plant who...
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Firm begins EIA survey for infrastructural development

17.02.2025
Ace Gas & FLNG Company Ltd has commenced the Environmental Impact Assessment study for its Floating Liquefied Natural Gas project in Nigeria. The Group Managing Director/Chief Executive Officer of the company, Christopher Nwokolo, who disclosed this recently, noted that the commencement follows the signing of a contract with Quaternary International Co. Limited, a leading environmental...
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NNPCL takes 15% stake in Starzs CNG station

17.02.2025
The Nigerian National Petroleum Company Limited through its subsidiary, NNPC Gas Marketing Limited has agreed to take a 15 per cent equity shareholding in Starzs Gas Limited’s 2 million standard cubic feet per day Compressed Natural Gas mother station in Iwhrekan, Ugheli South Local Government Area of Delta State. As part of the equity partnership,...
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Personal loans rose to N3.3tn in November – CBN

17.02.2025
Nigeria’s personal loan portfolio rose by 37.76 per cent to N3.32tn in November 2024, according to the latest monthly report by the Central Bank of Nigeria. The sharp increase in consumer borrowing reflects the impact of rising inflation and high living costs, which have forced many Nigerians to rely more on credit to meet their...
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Reduce inflation by improving petrol export, LCCI urges FG

17.02.2025
The Lagos Chamber of Commerce and Industry has called on the Federal Government to boost crude oil refining and petrol export to meet its inflation reduction target and strengthen the naira. President of the LCCI, Gabriel Idahosa, told Saturday PUNCH in a telephone interview, that the 2025 budget of N54.99tn is insufficient to achieve Nigeria’s...
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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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