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Italian divers discover 2,000-year-old Roman shipwreck

Business

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Housing

NLC demands overhaul of Nigeria’s ‘failing’ energy sector model

Energy

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Business

Nigeria open for business with new deepwater incentives – Minister

The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has reaffirmed the federal government’s resolve to offer globally competitive incentives for deepwater oil projects. In a statement by his media adviser, Nneamaka Okafor, Lokpobiri said Nigeria is signaling to the global oil community that its energy sector has been transformed and is now […]

Shipping companies to add surcharges o Europe, American bound containers
featured Maritime

Customs end duties on imports under $300

Nigerian travellers and online shoppers will no longer pay customs duties on goods worth $300 or less, following a new policy approved by the Nigeria Customs Service Board. The “de minimis” threshold, which came into effect on 8th September, means that small imports through express shipments or passenger baggage will be cleared immediately without customs […]

Private sector laments loan repayment as interest rate hits 26.26%
featured

We’ll guard Nigeria’s financial system jealously – CBN

The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has reiterated the bank’s commitment to fostering economic stability and strengthening the resilience of Nigerian banks. He expressed confidence that renewed trust in monetary policy would help attract more investment inflows into the economy. Speaking at the European Business Chamber C-Level Forum in Lagos, in […]

NCAA suspends United Nigeria Airlines' wet-leased aircraft
Aviation

United Nigeria Airlines moves to boost operations with new Boeing jets

United Nigeria Airlines has entered into an aircraft acquisition agreement with United States-based Southwest Airlines for six Boeing 737-800 aircraft, marking a major step in its fleet expansion. The deal was unveiled at a formal signing ceremony at Southwest Airlines’ corporate headquarters in Dallas, Texas, and is aimed at strengthening United Nigeria Airlines’ capacity for […]

FG threatens to revoke oil block licenses over inactivity
Oil and Gas

FG seeks foreign firms’ return to Nigeria’s oil sector

The Federal Government has called on major Engineering, Procurement and Construction firms to return to Nigeria’s oil and gas industry, insisting that the challenges that once forced them out have been dismantled through reforms and fresh incentives. The call was contained in a statement by Nneamaka Okafor, the Special Adviser on Media and Communication to […]

No link between mobile phones and brain cancer - WHO
Helth

WHO DG calls for protection of US CDC’s global health work

The Director-General of the World Health Organisation, Dr. Tedros Ghebreyesus, on Sunday said the work and public health excellence of the United States Centres for Disease Control and Prevention must be protected. His remarks come in the wake of leadership changes at the U.S. CDC. The American Society of Tropical Medicine and Hygiene had also […]

NDLEA laments high rate of drug abuse in Abia
News

NDLEA seizes 653kg of cannabis in raids across Lagos, Abuja

The National Drug Law Enforcement Agency has recovered 653kg of Colorado and Loud, a strong strain of cannabis sativa, in Lagos and Abuja raids, respectively. The Director of Media and Advocacy at NDLEA, Mr. Femi Babafemi, said this in a press release on Sunday in Abuja. Providing a breakdown, Babafemi stated that in the Federal […]

Agribusiness

FG unveils NiPHaST to curb Nigeria’s ₦3.5trn crop losses

The Federal Government has unveiled the Nigeria Postharvest Systems Transformation Programme to ensure a resilient, efficient, and inclusive post-harvest handling and storage system that reduces losses of produce. This was disclosed in a statement by Ezeaja Ikemefuna, Head of the Information Department, Ministry of Agriculture and Food Security, on Sunday in Abuja. Ikemefuna stated that […]

Why FG should reveal names of subsidy beneficiaries - NLC
Oil and Gas

NLC issues ultimatum to Dangote over anti-union practices

The Nigeria Labour Congress has issued an ultimatum to the Federal Government and the Dangote Refinery and Petrochemical Company, calling for the immediate stoppage of “unfair labour practices within the Dangote Group.” The labour Union in a statement signed by Joe Ajaero, President of the NLC, called for “the immediate unionization of not just Dangote […]

Oil and Gas

Dangote refinery gets IPMAN’s full backing in distribution dispute

The national leadership of the Independent Petroleum Marketers Association of Nigeria has distanced itself from the strike notice issued by its Western Zone members, affirming that the association fully supports operations at the newly commissioned Dangote Refinery. The Western Zone of IPMAN had announced plans to down tools over Dangote Industries Limited’s decision to distribute […]

featured Scams

Lagos supermarkets accused of selling expired food as promos

Some supermarkets in Lagos are allegedly selling expired food items disguised as promotional offers, raising health concerns among consumers. Shoppers report being misled by discount tags, only to discover that the products had expired weeks earlier. In one case, Daniel Olanrewaju bought a bottle of ketchup from a promo shelf in Ikeja, only for his […]

ICPC criticizes procurement contracts over integrity gap
featured News

State commissioners partner ICPC to fight grassroots corruption

The Oyo State Commissioner for Information, Dotun Oyelade, and other state commissioners across the country have teamed up with the Independent Corrupt Practices and Other Related Offences Commission to tackle corruption. In a statement made available to The PUNCH, Oyelade, who participated in the ICPC roundtable Meeting in Abuja with his colleagues from other states, […]

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