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CNG will reduce transportation costs – FG

27.02.2025
Despite the challenges facing the adoption of Compressed Natural Gas, the Minister of State Petroleum Resources (Gas), Ekperikpe Ekpo, has insisted that the use of CNG will reduce the high cost of transportation. Ekpo said Nigeria’s gas sector has witnessed significant transformation under the administration of President Bola Tinubu, expressing confidence that CNG will get...
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Tolling: FG to review highways concession agreements

27.02.2025
The Federal Government is thoroughly reviewing the eight road projects concessioned to private investors under the Highway Development Management Initiative. The projects assigned to the concessionaire in 2023 were strategically planned with the expectation of generating a substantial N11.54tn in revenue through toll collections throughout their execution. These projections, however, have been tampered with by...
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Customs intercept 2,433kg of cannabis on Lagos waterways

27.02.2025
The Nigeria Customs Service, Western Marine Command, on Wednesday, said it intercepted 2,433 kg of cannabis sativa and 195 bottles of codeine syrups (300 ml each) along the inland waterways in the South Western part of the country. Addressing journalists during the handing over ceremony of the seized contrabands to the duo of the National...
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NLNG decries attacks on gas pipelines

27.02.2025
The Managing Director of Nigeria LNG Limited, Dr Philip Mshelbila, has revealed that only two of the company’s six gas trains are currently operational, attributing the operational challenges to persistent attacks on its gas pipelines by vandals. Speaking at a panel session during the ongoing Nigeria International Energy Summit on Wednesday in Abuja, Mshelbila decried...
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NESG advocates AI adoption by town planners

27.02.2025
The Chairman of the Nigeria Economic Summit Group, Olaniyi Yusuf, has called for the adoption of Artificial Intelligence in the operations of town planning activities in Nigeria. The NESG boss stated this recently while speaking as a guest speaker at the 11th Waheed Kadiri Lecture series organised by the Nigeria Institute of Town Planners, Ogun...
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NIA trains 171 drivers, dispatch riders on eco-driving

27.02.2025
The Nigerian Insurers Association has trained about 171 drivers and dispatch riders of its member companies on sustainable driving practices, vehicle maintenance, and optimising fuel consumption. The training, facilitated by experts from the Lagos State Drivers Institute and the Vehicle Inspection Service, was held at the Insurers House, Victoria Island, Lagos, under the theme ‘Sustainable...
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Domestic transactions on NGX drop to N535bn

27.02.2025
Total transactions in equity trading on the Nigerian Exchange Limited declined by 9.89 per cent to N607.05bn in January 2025 from N673.66bn recorded in December 2024. In its Domestic & Foreign Portfolio Investment Report on Monday, the decline was driven by a drop in domestic transactions, which fell by 11.71 per cent from N606.91bn in...
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Investors lose N215bn as equity market slumps

27.02.2025
Investors at the Nigerian Exchange Limited lost N215bn at the close of trading on Tuesday as the equities market extended its losing streak. The market capitalisation declined to N67.2tn, while the benchmark All-Share Index shed 345.19 points, representing a 0.32 per cent drop to close at 107,781.78. The downturn was driven by sell-offs in key...
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I apologise for saying no heaven without tithe – Adeboye

04.10.2024
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

04.10.2024
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

04.10.2024
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...

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