DANGOTE Refinery has reduced the gantry price of Premium Motor Spirit (PMS) by N25 per litre. This means the ex-depot rate dropped from N799 to N774 per litre. The reduction was contained in a notice sent to News Point Nigeria by the Group Commercial Operations Department, Dangote Petroleum Refinery and Petrochemicals FZE, to marketers. It said the move is with immediate effect. “This is to notify you of a change in our PMS gantry price from N799 per litre to N774 per litre,” the notice read. The refinery told marketers that its PMS lifting incentive had ended. The adjustment is…
Author: Abimbola Daniels
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THE Group Managing Director/Chief Executive Officer, United Bank for Africa (UBA) Plc, Oliver Alawuba, has called on leaders and key stakeholders in the South-East to prioritise security and peace, infrastructure development and the delivery of bankable, investment-ready projects. This, according to him, is critical if the South Eastern region of the country is to unlock its long-term development agenda under the South-East Vision 2050 (S8V2050). Alawuba made the call while delivering a goodwill remark at the South-East Vision 2050 Regional Stakeholder Forum which was held at the International Conference Centre, Enugu on Wednesday. The multi-day forum was convened by the…
AFRICA’s Global Bank, United Bank for Africa (UBA), has announced the appointment of Loknath Mishra as Chief Executive Officer of UBA UK. The appointment which takes effect from February 2nd, 2026, reinforces the Group’s commitment to strengthening its international footprint and enhancing its role as a key financial bridge between Africa and the world. As CEO of UBA UK, Mishra will focus on positioning the UK subsidiary as a centre of excellence for regulatory compliance and customer service, strengthening financial resilience through diversified liquidity and income sources, as well as deepening UBA’s leadership in trade, transaction, and correspondent banking in…
OPERATIVES of the National Drug Law Enforcement Agency have arrested a Brazil-based Nigerian businessman at the Murtala Muhammed International Airport, Ikeja, Lagos, for allegedly concealing cocaine on his body and inside his footwear. NDLEA Director of Media and Advocacy, Femi Babafemi, disclosed this in a statement sent to News Point Nigeria on Sunday. He said the suspect was arrested on Thursday, January 29, 2026, at the arrival hall of the Lagos airport during the inward clearance of passengers on a South African Airways flight from Brazil via Johannesburg, following actionable intelligence. According to him, a body scan conducted on the…
Halima Ishak Of Jaiz Bank Elected Financial Secretary THE Association of Communication and Marketing Professionals in Banks (ACAMB) has ushered in a new executive council, with a strong representation from leading financial institutions, to steer its affairs for the 2026-2028 term. The election, held during the association’s Annual General Meeting in Lagos on Thursday, saw seasoned professionals from across the banking landscape elected to key positions. The newly constituted executive includes Babajide Sipe of the Bank of Industry as President; Chinwe Bode-Akinwande of FirstBank as First Vice President; Morolake Philip-Ladipo of Wema Bank as Second Vice President; Abiodun Coker of…
UNITED Bank for Africa (UBA) Plc, Africa’s Global Bank has launched a simplified instant account opening digital platform designed to make banking faster, more accessible, and truly borderless for customers across Africa and in the diaspora. The new platform enables prospective customers to begin and complete their account opening journey fully online, eliminating the traditional barriers of paperwork and initial branch visits. With this innovation, UBA continues to strengthen its leadership in digital banking and financial inclusion across the continent. Through the new platform, customers can start their onboarding journey via the web by simply selecting their preferred language and…
THE Lagos State Government has defended its decision to demolish structures in Makoko and other communities, saying the action is to protect lives and properties. According to government officials who featured on Ask Lagos monitored by News Point Nigeria, a weekly X-space discussion aimed at creating engagements between the Government and residents, the demolitions were for security reasons. At the session were Commissioner for Information and Strategy Gbenga Omotoso and Special Adviser to the Governor on e-GIS and Urban Development Olajide Abiodun Babatunde. The contentious demolitions in Makoko and other waterfront communities, they said, were essential steps toward a safer,…
THE Nigeria Civil Aviation Authority (NCAA) has launched an investigation into a viral video showing a heated confrontation between Nigerian passengers and cabin crew aboard an Air France flight, following widespread complaints over alleged poor in-flight service. News Point Nigeria reports that the footage, which circulated widely on social media over the weekend, shows visibly agitated passengers engaging airline staff in a shouting match, accusing them of denying passengers drinking water and addressing them in a disrespectful manner. Although the exact date, route and location of the incident could not be immediately confirmed, the altercation reportedly caused a significant disturbance…
UBA Foundation, the Corporate Social Responsibility Arm of United Bank for Africa (UBA) Plc, has distributed essential materials worth several millions of naira and dollars as sustenance to school students, orphanages, IDP camps, and vulnerable communities across Nigeria and 19 other African nations where the bank operates. As part of its Food Bank and Giving Back drive, the bank impacted over 100,000 individuals in the communities with essential items and cash gifts, between November 2025 and January 2026, with the aim of alleviating the financial strain associated with the end of the year and beginning of the new year, underscoringb…
A QATAR Airways flight conveying 248 passengers and 12 crew on Friday night was forced to make an emergency air return to the Murtala Muhammed International Airport (MMIA), Lagos, following a technical fault shortly after takeoff. Airport sources told our correspondent on Saturday that the pilot alerted Air Traffic Controllers (ATCs) of a mechanical problem a few minutes after departure and requested an emergency landing, which was promptly granted. Confirming the incident in a statement sent to News Point Nigeria by Permanent Secretary, Lagos State Emergency Management Agency (LASEMA), Dr. Olufemi Oke-Osanyintolu, stated that the aircraft suffered a technical fault…
PUBLIC outrage has erupted in Lagos following the death of nine-month-old identical twins less than 24 hours after they were administered routine immunisation at a government-owned primary healthcare facility in Ojo Local Government Area of the state. News Point Nigeria reports that the twins, identified as Testimony and Timothy, reportedly received their vaccines at the Ajangbadi Primary Health Centre on the morning of December 24, 2025, but died the following day, Christmas morning, under circumstances that have sparked intense public scrutiny and demands for accountability. Their father, Samuel Alozie, popularly known on social media as Promise Samuel, alleged that the…
ON Tuesday, Jan. 13, 2026, Wola Joseph-Condotti stepped into a leadership role as interim Chief Executive of Eko Electricity Distribution Plc (Eko Disco). News Point Nigeria reports that before her appointment, the seasoned corporate lawyer and energy executive was the Group Managing Director and Chief Executive of the parent company of Eko Disco, West Power & Gas Limited, and has spent much of her professional life shaping the governance and operational framework of the utility. She was Eko Disco’s pioneer Chief Legal and Company Secretary, a role that placed her at the center of the company’s post-privatisation evolution. Her career…
THE Nigeria Customs Service (NCS) has released a new Standard Operating Procedure (SOP), aimed at regulating courier companies operating under the Delivered Duty Paid (DDP) Incoterm. Disclosing this in a statement sent to News Point Nigeria, NCS Spokesman Abdullahi Maiwada, said the initiative was designed to establish a unified framework for various operational aspects, including registration, manifest submission, declaration, valuation, clearance, delivery, and compliance monitoring, aligning with global best practices. He said the DDP initiative is grounded in international legal standards and in line with global best practices. “This procedure draws its legal foundation from the International Chamber of Commerce…
THE Federal Government has inaugurated a ₦40 billion closed-circuit television (CCTV) control centre for the Third Mainland Bridge in Lagos. News Point Nigeria reports that speaking at the inauguration on Sunday, Minister of Works David Umahi said the project followed extensive rehabilitation works carried out on the bridge after the current administration took office in 2023. Umahi said the CCTV system, first announced in 2025, was designed to curb dangerous driving, prevent suicide attempts, and strengthen security. He added that security personnel would monitor live footage from the control centre and enforce speed limits on the bridge. “When we came…
SOLICITORS representing globally acclaimed Nigerian author, Chimamanda Ngozi Adichie, and her partner, Dr Ivara Esege, have written a formal legal notice to Euracare Multi-Specialist Hospital, Lagos, over the death of their 21-month-old son, Nkanu Nnamdi, as the Lagos State Government confirmed the suspension of the doctor involved in the child’s care. The development comes amid mounting public outrage and an ongoing investigation by state health authorities into the circumstances surrounding the toddler’s death in the early hours of Wednesday, January 7, 2026. In a legal notice dated January 10, 2026 sighted by News Point Nigeria, the family’s solicitors, PINHEIRO LP,…
THE Lagos State Government has ordered an investigation into the alleged medical negligence that led to the death of Nkanu Nnamdi, the 21-month-old son of renowned Nigerian author, Chimamanda Adichie, at a private hospital in Lagos. The toddler, one of Adichie’s twin sons, died last Thursday after a brief illness. In a statement sent to News Point Nigeria, the Special Adviser to Governor Babajide Sanwo-Olu on Health, Dr Kemi Ogunyemi, described the death of a child as a profound tragedy. Ogunyemi said that Governor Sanwo-Olu had directed the Health Facility Monitoring and Accreditation Agency to immediately commence a thorough, independent…
RENOWNED Nigerian author, Chimamanda Ngozi Adichie, has alleged medical negligence in the circumstances surrounding the death of her 21-month-old son, Nkanu Nnamdi, who died on Wednesday, January 7, 2026. News Point Nigeria reached out to Adichie’s media team, who confirmed she authored the statement detailing the incident. According to her representatives, the message was originally sent privately to family members and a few close friends. In the statement, Adichie said her son was taken to Euracare Hospital for an MRI scan and the insertion of a central line, during which he was sedated but was not properly monitored after being…
THE Oxford English Dictionary has updated its glossary with some Nigerian-originated words, including “mammy market,” “nyash,” and “amala.” News Point Nigeria reports that the December 2025 update, released on the OED website on Wednesday, features more than 500 new words, phrases, and tenses. The latest update reflects the growing global influence of the nation’s language, culture, and cuisine. Other Nigerian-originated words added to its wordbook include “moi moi,” “abeg,” “biko,” and “Ghana Must Go.” Internet slang such as “DM”, “brainfart” and “chug” were also included. Over 1,000 existing entries were also revised, while editors explored the histories of words such…
HEIRS Energies Limited has acquired the 20.07% equity stake in Seplat Energy Plc previously held by Maurel & Prom (M&P), a transaction valued at approximately $500 million. News Point Nigeria reports that the stake, comprising 120.4 million ordinary shares, was purchased at GBP3.05 per share. Tony Elumelu, Chairman of Heirs Energies, said the acquisition “reflects our strong belief in Africa’s ability to own, develop, and responsibly manage its strategic resources. It is a long-term investment in Nigeria’s and Africa’s energy future and aligns with our mission to drive energy security, industrialisation, and shared prosperity. “Seplat Energy has built a resilient,…
PRESIDENT Bola Ahmed Tinubu on Saturday attended the Grand Finale of the week-long 2025 Eyo Festival, in a white robe, a damask sash slung over his shoulder, and a distinctive hat emblazoned with bold, decorative stars. Like other revellers, the President also carried a long staff called an opambata. The colourful event, held at Tafawa Balewa Square in Lagos, began with paying homage and presenting the festival staff to the President at his Lagos residence on Sunday, December 21. The Eyo Festival, which dates back to 1854, was held this year for the first time in eight years. The 2025…