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Tony Elumelu Foundation Selects 3,200 Entrepreneurs for 2026

The Tony Elumelu Foundation has set a new benchmark for philanthropic impact across the continent with the selection of 3,200 young African entrepreneurs for its 2026 cohort, a move described by the Foundation’s Chief Executive Officer, Somachi Chris-Asoluka, as a decisive step toward future-proofing the African economy. Speaking during a high-level virtual media parley on...
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Dangote Hikes Petrol Price to N1,275/Litre in March

Barely hours after increasing its gantry price for the fourth time in the month of March, the Dangote Petroleum Refinery has again raised its ex-depot price of Premium Motor Spirit (petrol) to N1,275 per litre, signalling deepening volatility in Nigeria’s deregulated downstream sector. The latest adjustment represents a N100 increase from the N1,175 per litre...
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Nigeria Eyes Aviation Hub Status to Boost National Economy

Key players in Nigeria’s aviation industry are set to gather in Lagos to deliberate on strategies for positioning the country as a major aviation hub, with stakeholders expected to speak extensively on how the sector can significantly boost the nation’s Gross Domestic Product. The meeting, convened by the Aviation Safety Round Table Initiative, will be...
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Lagos Short-Let Market Generates N281bn Amid Competition

Lagos’ short-let market generated an estimated N281.03bn in revenue in 2025, holding steady despite high inflation and intensifying competition, according to a report from Edala Development. The Lagos Shortlet Market Report 2025 notes that while the sector’s phase of rapid, unregulated growth is ending, it remains a key contributor to the city’s real estate economy,...
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African Nations Turn to Dangote for Reliable Fuel Supply

Dangote Petroleum Refinery and Petrochemicals has rapidly transformed from a massive industrial project into a critical ‘fuel lifeline’ for nations scrambling to keep their economies moving. According to a report by Bloomberg on Friday, several African governments, most notably South Africa, have begun aggressive outreach to the 650,000-barrel-per-day facility. The refinery is seeing a significant...
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Apapa Port Conflict: Barge Operators Allege Exclusion

The Barge Operators Association of Nigeria has decried what it described as a systematic and deliberate plot to push its members out of business at the Apapa Port by some terminal operators. In a statement on Friday, the National President of BOAN, Olubunmi Olumekun, alleged that the terminal operators have effectively cornered barge operations at...
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Nigeria steps up talks on $20bn gas pipeline to Europe

The Federal Government has stepped up high-level discussions on a proposed $20bn transcontinental gas pipeline aimed at delivering Nigeria’s vast natural gas resources to European markets. The move, which formed the focus of engagements in London, United Kingdom, is expected to strengthen energy security while unlocking long-term economic value for the country. A statement by...
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Shippers Council Suspends Shipping Tariff Hike in Nigeria

The Nigerian Shippers Council has directed all shipping lines and their respective agencies to immediately suspend the implementation of the recently approved tariffs. The council announced this in a statement on Friday obtained by PUNCH Online. According to the statement, the directive is in pursuant to the ongoing engagements with critical stakeholders and in response...
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DAW pushes inclusion, skills access for women

The Founder of Belgium-based social enterprise, Digital African Women, Khadijat Abdulkadir, has called for increased access to skills, resources, and opportunities for women to enable their full participation in the global economy. Abdulkadir, in a statement on Saturday, said the task requires collaboration, commitment, and a shared understanding that the progress of women is inseparable...
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FG Moves to Resolve Gas Supply Issues

The Minister of Power, Adebayo Adelabu, has said Nigerians will soon begin to enjoy improved electricity supply as the Federal Government moves to resolve ongoing gas constraints affecting generation. Adelabu made this known in his Eid-el-Fitr message on Thursday, where he noted that recent interventions by the government are beginning to address persistent gas supply...
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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...