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Tony Elumelu Foundation funds 3,200 African entrepreneurs

23.03.2026
The Tony Elumelu Foundation has committed $16m in seed funding to support 3,200 young entrepreneurs across Africa under its 2026 entrepreneurship programme. Announcing the development on Sunday in Abuja, the Chief Executive Officer of the Foundation, Somachi Chris-Asoluka, said that “the total for 2026 includes 3,200 entrepreneurs who will receive $16m from the Tony Elumelu...
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Cutix notifies NGX of executive shake-up, names successors

23.03.2026
Cutix Plc has officially notified the Nigerian Exchange Limited, its shareholders, and the investing public of a significant transition within its top-tier management, a strategic move aimed at ensuring organisational stability. The Nnewi-based cable manufacturing giant confirmed the departure of its Chief Executive Officer, Mrs Ijeoma Oduonye, and its Chief Financial Officer, Mr Chidi Onwudiwe,...
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REA Disburses N3.2bn for Bauchi Mini-Grid Project

23.03.2026
The Rural Electrification Agency has said it disbursed N3.2bn to Zanoplus for the deployment of solar mini-grid projects in Bauchi State. The agency disclosed this in a statement on Sunday, noting that the fund was targeted at accelerating electricity access in unserved and underserved communities through decentralised energy solutions. According to the REA, the disbursement...
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Dangote Cement Empowers 40 With Fish Farming Skills

23.03.2026
Dangote Cement Plc, Obajana, has graduated about 40 participants from its host communities following a comprehensive training programme in fish farming and entrepreneurship. The firm stated in a statement on Sunday that the ceremony was attended by representatives of the Federal Government, the Kogi State Government, the Industrial Training Fund, as well as traditional rulers...
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NLC Rejects N6tn Bailout Amid Nigeria’s Power Crisis

23.03.2026
The Nigeria Labour Congress has rejected the Federal Government’s proposed N6tn bailout for power generation companies, describing it as a short-term measure that fails to address Nigeria’s chronic energy crisis. The country’s biggest labour union President, Joe Ajaero, said the nation’s power sector has become a perpetual millstone around the necks of Nigerian workers, manufacturers,...
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Access Bank & King’s Trust Partner for Youth Empowerment

23.03.2026
Access Bank Plc and King’s Trust International have formalised a strategic partnership aimed at expanding opportunities, entrepreneurship and sustainable livelihoods for young people across Africa. The agreement was signed in London by the Managing Director/Chief Executive Officer of Access Bank, Mr Roosevelt Ogbonna, and the Chief Executive Officer of King’s Trust International, Mr Will Straw....
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Neglect of Nigerian food processors fuels food insecurity

23.03.2026
The Managing Director and Chief Executive Officer of Duro Kuteyi, Spectra Industries Limited, speaks with ARINZE NWAFOR about the need to industrialise agriculture and why indigenous food processors remain the critical missing link in Nigeria’s pursuit of food security What are the key lessons for manufacturers in the food processing industry? Managing electricity and raw...
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Six states still face over 20%

23.03.2026
Inflation remained above 20 per cent in six states and the Federal Capital Territory in February 2026, highlighting persistent price pressures at the subnational level despite a marginal easing in Nigeria’s headline rate. Data from the National Bureau of Statistics’ latest Consumer Price Index report showed that headline inflation slowed slightly to 15.06 per cent...
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Europe eyes Dangote jet fuel amid Mideast supply crisis

23.03.2026
Europe could increasingly turn to Nigeria’s Dangote refinery for jet fuel supplies following disruptions in the Middle East. According to a report by Kpler, the effective closure of the Strait of Hormuz has cut off nearly 21 per cent of global seaborne jet fuel supply, significantly tightening availability in Europe. The report noted that European...
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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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