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Opinion

China slams US Hormuz blockade as ‘dangerous, irresponsible’

China accused the United States on Tuesday of “dangerous and irresponsible” behaviour over its blockade of Iranian ports, with President Xi Jinping vowing Beijing would play a “constructive role” in promoting peace in the Middle East. US President Donald Trump has threatened to sink ships entering or leaving Iranian ports and coastal areas in the […]

Electricity

FG pays ₦418.79bn power subsidy as sector losses exceed ₦300bn

The Nigerian Electricity Regulatory Commission has disclosed that the Federal Government incurred a subsidy obligation of N418.79bn in the fourth quarter of 2025, even as inefficiencies across the electricity value chain led to losses exceeding N300bn during the period. The PUNCH reported that this was contained in the commission’s 2025 fourth-quarter report, which also highlighted […]

Oil and Gas

Dangote plans historic Pan-African IPO for oil refinery

President of Dangote Industries Limited, Aliko Dangote, is planning a landmark cross-border public offering of his $20bn oil refinery in a move that could reshape capital markets across Africa and deepen regional investor participation, a new report by Bloomberg revealed on Monday. The proposed listing, which will see shares of the Dangote Petroleum Refinery and […]

Conferences featured

France, UK to convene global talks to reopen Hormuz

France and Britain will co-host a video conference on Friday with countries ready to contribute to a “purely defensive mission” to secure the Strait of Hormuz, the French president’s office said. President Emmanuel Macron and British Prime Minister Keir Starmer will co-chair the meeting to discuss a plan to “restore freedom of navigation in the […]

Business

IEA warns of global fallout as Middle East tensions rises

The Executive Director of the International Energy Agency, Fatih Birol,has cautioned that prolonged conflict in the Middle East and any closure of the Strait of Hormuz could have severe consequences for countries worldwide. He warned that no nation would be shielded from the effects of the war, urging governments to brace for “difficult times in […]

featured Helth

FG begins payment of CONMESS arrears to resident doctors

The Federal Government has commenced the payment of long-standing salary arrears owed to resident doctors under the Consolidated Medical Salary Structure, the Nigerian Association of Resident Doctors has confirmed. In a statement issued by its Publicity and Social Secretary, Dr. Abdulmajid Ibrahim, the association disclosed that disbursement of the arrears has already begun, with several […]

Helth

Introduce stamps to fight forged medical reports, experts urge NMA

Experts have called for the urgent adoption of stronger verification measures, including uniquely numbered security stamps and digital authentication systems, to curb the rising falsification of medical reports in the country. They also stressed the need for a centralised database and verification technology linking doctors, patients and medical records, noting that combining physical stamps with […]

featured Opinion

Millions of workers globally lack social protection, ILO warns

The International Labour Organisation has warned on the state of global social protection systems, declaring that millions of workers remain exposed due to inadequate coverage, weak benefits, and unsustainable financing structures. In its latest report titled “Universal Social Protection in Changing Labour Markets: Protecting Workers in All Types of Employment,” the ILO called for sweeping […]

Business

Customs deploy AI to boost revenue, curb audit gaps

The Nigeria Customs Service on Monday unveiled plans to deploy artificial intelligence to boost revenue generation, enhance remittances, and curb audit queries. The move comes as the agency intensifies engagement with lawmakers and fiscal authorities, redefining its long-standing oversight relationship with the National Assembly. Speaking at the opening of a three-day training on AI-driven revenue […]

Access Bank nears final stages of National Bank of Kenya acquisition
Banking

Access Bank retains Nigeria’s most valuable brand title for fifth year

Access Bank Plc has retained its position as Nigeria’s Most Valuable Brand for the fifth consecutive year, reinforcing its dominance in the corporate sector. The recognition is contained in the Brand Finance Nigeria 25 2026 report, which ranks leading brands in the country based on brand value, strength, and overall performance. According to the report, […]

News

Insecurity: Bauchi gov suspends cattle markets

Bauchi State Governor Bala Mohammed has approved the immediate suspension of all commercial activities in selected cattle markets across Alkaleri, Bauchi, Kirfi and Tafawa Balewa local government areas of the state. According to The PUNCH, the directive was disclosed in a statement issued on Thursday by the governor’s Special Adviser on Media and Publicity, Mukhtar […]