Dangote Petroleum Refinery has dismissed reports claiming it imported finished petrol with high sulphur content into Nigeria, describing the allegations as false and misleading. An online publication, Sahara Reporters, had alleged that the refinery was bringing in high-sulphur petrol from the United Kingdom aboard the vessel MT ...
Read More »FRC, SEC push ethical governance at SCGN’s 20th anniversary
The Financial Reporting Council of Nigeria, the Securities and Exchange Commission, and other stakeholders have called for ethical governance at board levels as the nation faces multiple disruptions. The call was made at the 20th anniversary corporate governance conference of the Society for Corporate Governance Nigeria on ...
Read More »CBN promotes adoption of alternative payment systems in C’River
The Central Bank of Nigeria has reaffirmed its commitment to expanding financial inclusion and driving economic growth by promoting the adoption of alternative payment systems. The apex bank expressed this commitment at a sensitisation exercise known as the ‘CBN Fair,’ held at the Dome Event Centre in ...
Read More »CBN reaffirms commitment to monetary stability
The Central Bank of Nigeria has assured Nigerians that its ongoing policies and reforms are targeted at restoring price and monetary stability amid rising inflation and economic hardship. Speaking at the CBN Fair in Uyo, Akwa Ibom State, on Tuesday, the CBN governor, Olayemi Cardoso, said some ...
Read More »Passenger surge drives N1.95bn NRC revenue jump in Q1
The Nigerian Railway Corporation generated N1.95 billion from transporting 929,553 passengers through the rail system in the first quarter of 2025, the National Bureau of Statistics has reported. The figure is disclosed in the Rail Transportation Data Q1 2025, published by NBS on October 5 and ...
Read More »2026 Hajj: NAHCON hails Tinubu, Shettima’s directive to cut fares
The Chairman, Board, management and entire staff of the National Hajj Commission of Nigeria have commended President Bola Tinubu and Vice President Kashim Shettima for their recent directive to reduce the cost of the 2026 Hajj, describing the gesture as a thoughtful and timely move that brings great ...
Read More »Ogun seals energy deal with Chinese investors
Ogun State Governor, Dapo Abiodun, has announced a new partnership with Chinese investors aimed at strengthening the state’s energy infrastructure and industrial capacity. In a statement shared on X on Saturday, according to the governor, discussions with the Jiangsu-based company Cteec focused on funding availability, technical capacity, ...
Read More »Fire guts Oyo solar firm
A blaze has ravaged a Solar and Electrical Company in the Iwo Road Area of Ibadan, the Oyo state capital. The incident was said to have occurred on Thursday. PUNCH Online learnt that the fire destroyed the Training Office of Sun Watt’s Solar and Electrical Company located ...
Read More »Lagos defends Trade Fair demolition, denies ethnic targeting
The Lagos State Government has defended the ongoing demolition of illegal structures at the Trade Fair Complex in Ojo, insisting that the exercise is a technical enforcement of planning laws and not targeted at any ethnic group. Commissioner for Physical Planning and Urban Development, Olumide Oluyinka, made ...
Read More »No agreement signed with Dangote Refinery, strike may resume – PENGASSAN
The Petroleum and Natural Gas Senior Staff Association of Nigeria has clarified that it did not sign the communiqué that ended its nationwide strike against the Dangote refinery. The union suspended its strike, which began on Sunday, on Wednesday after the intervention of the Federal Government, but ...
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