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GenCos get gas price slash amid N2tn debt

14.04.2025
The Nigerian Midstream and Downstream Petroleum Regulatory Authority has slashed the price of natural gas for power generation companies. This is coming amid about N2tn debt owed to gas companies by the power generation companies as a result of illiquidity. GenCos are now expected to pay $2.13 per million British thermal units, according to a...
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Aso Rock Disowns Tinubu’s 2027 Campaign Billboards

14.04.2025
The Presidency has disowned billboards advertising President Bola Tinubu’s presidential ambition and that of his Vice, Kshim Shettima in 2027. Special Adviser to the President on Information and Strategy, Bayo Onanuga, in a release on campaign billboards sprouting in Abuja, Kano and other locations wrote: “The Presidency has observed, with dismay, the increasing number of...
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$700m ports rehabilitation project suffers delay

14.04.2025
The $700m port rehabilitation project billed to commence in the second quarter of 2025 has been delayed by a few months, The PUNCH understands. In April, The PUNCH reported that the Nigerian Ports Authority secured a $700m loan from Citibank for the rehabilitation of the Apapa and Tincan Island Ports in Lagos. The loan was...
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NLNG Insurance team explores opportunities with NIA

14.04.2025
The insurance team of the Nigeria Liquefied Natural Gas seeks an understanding of energy and special risk insurance policies, according to a statement from the NIA. To this end, the team led by the Managing Director of First Standard Insurance Brokers Limited, Dr Adetayo John-Fishers, recently paid a strategic familiarisation visit to the Director-General of...
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AGF Defends Tinubu As PDP Govs Mobilise 11 SANs

14.04.2025
Lateef Fagbemi (SAN), Attorney General of the Federation and Minister of Justice, on Sunday commenced drafting the response of President Bola Tinubu to the People’s Democratic Party’s governors’ suit challenging the declaration of emergency rule in Rivers State. New  Telegraph gathered that the Governors on the platform of the PDP have engaged seven Senior Advocates of...
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PCC to help PTAD educate pensioners on complaints

14.04.2025
In a bid to streamline the resolution of pension-related complaints, the Public Complaints Commission has pledged its support to the Pension Transitional Arrangement Directorate in sensitising pensioners under the Defined Benefit Scheme. This development emerged during a courtesy visit by the Executive Secretary of PTAD, Tolulope Odunaiya, to the Chief Commissioner of the PCC, Bashir...
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Presidency Reacts To US Court Order On Tinubu

14.04.2025
Following the court order directing the Federal Bureau of Investigation (FBI) and the Drug Enforcement Administration (DEA) to release files on President Bola Tinubu’s past investigation, the Presidency has debunked any speculations of fresh revelations. New Telegraph had earlier reported that Judge Beryl Howell of the United States (US) District Court in Washington, DC, instructed...
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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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