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Zenith Bank wins FT’s Bank of the Year award

Zenith Bank Plc has been named the ‘Bank of the Year, Nigeria’ at The Banker’s Bank of the Year Awards 2024 held in London on Wednesday. In a statement on Wednesday, the lender stated that the award, which was announced by The Banker Magazine, Financial Times Group, United Kingdom, was in recognition of its strong...
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Senate summons Keyamo over flight delays, others

The Senate on Wednesday summoned the Minister of Aviation and Aerospace, Festus Keyamo; Director-General of the Nigerian Civil Aviation Authority, Capt. Chris Najomo; airline operators and other relevant stakeholders over the incessant flight delays and cancellations by airlines. Adopting a motion to that effect, sponsored by Senator AbdulFatai Buhari (APC Oyo North) during plenary, the...
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Unilever achieved plastic neutrality in November – Official

Unilever Nigeria announced its achievement of plastic neutrality in November 2024, highlighting it reached a milestone in its efforts to tackle the country’s plastic waste crisis. In a statement, Unilever explained the accomplishment means it has collected and processed more plastic than it introduced into the environment through the sale and distribution of its products....
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FG plans special end-of-year train services

The Nigerian Railway Corporation is to run an end-of-the-year special train service on all its routes across the country. The train service complies with the Federal Government’s directive through the Federal Ministry of Transportation. The NRC in a statement by its Deputy Director, Public Relations, Yakub Mahmood, on Wednesday, said the modality for the special...
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Analysts warn FG of renewable energy variability risks

Energy experts have warned that the country’s sustainable energy future hinges on making the right power flexibility choices as soon as possible. At a recent Energy Transition Forum Organised by Wärtsilä, stakeholders discussed strategies for achieving Nigeria’s long-term sustainable energy vision. They noted that today’s power flexibility choices must match the country’s long-term sustainable energy...
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NCDMB earmarks N15bn for local contractors

The Executive Secretary of the Nigerian Content Development and Monitoring Board, Felix Ogbe, has disclosed that N15bn had been earmarked for the revised Community Contractors Financing Scheme. It was learnt that this initiative will address a critical challenge faced by local contractors: their limited access to funding for contracts awarded by oil and gas companies....
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NNPC plans five LNG plants in Kogi

The Chairman Senate Committee on Local Content, Senator Natasha Akpoti-Uduaghan, has disclosed that the Nigerian National Petroleum Company Limited is set to establish five mini-liquefied natural gas plants in Ajaokuta Local Government Area of Kogi State. The senator made the revelation on Tuesday at the Practical Nigerian Content Forum organised by the Nigerian Content Development...
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NNPC plans five cooking gas plants in Kogi

The Chairman Senate Committee on Local Content, Senator Natasha Akpoti-Uduaghan, has disclosed that the Nigerian National Petroleum Company Limited is set to establish five mini-liquefied natural gas plants in Ajaokuta Local Government Area of Kogi State. The senator made the revelation on Tuesday at the Practical Nigerian Content Forum organised by the Nigerian Content Development...
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Firm, Afreximbank sign steel pipe imports financing deal

The African Export-Import Bank has agreed to provide a $10m revolving trade finance facility to Dorman Long Engineering Limited to facilitate the importation of steel pipes for threading. A statement by the firm on Wednesday disclosed that under the terms of the agreement signed on the sidelines of the just-ended African Energy Week in South...
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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...