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N30bn Sovereign Bond Unveiled: DLM Capital’s Innovation

20.06.2025
In a major financial innovation aimed at unlocking access to credit in underserved sectors of Nigeria’s economy, DLM Capital Group has unveiled a landmark instrument, the Sovereign Bond-Backed Composite Note, marking the first of its kind globally. The investment vehicle, which is structured as a public, tradable 10-year bond, seeks to raise N30bn with a...
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NERC Sets Deadline for Genco Grid Integration

20.06.2025
The Nigerian Electricity Regulatory Commission has issued a mandatory directive requiring all grid-connected power generation companies to fully integrate their operations with the national Supervisory Control and Data Acquisition/Energy Management System by December 31, 2025, or face stiff financial penalties and possible disconnection from the national grid. This directive is contained in a new regulatory...
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22 Oil Worker Deaths in Nigeria in 2024 – FG Report

20.06.2025
No fewer than 22 oil and gas workers died in the line of duty between January and December 2024, the Nigerian Upstream Petroleum Regulatory Commission, an agency of the Federal Government, has said. The NUPRC reported a total of 22 fatalities and 31 operational incidents in the country’s upstream oil and gas sector last year,...
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Nigeria’s CRR: Bank Liquidity Crunch Looms

20.06.2025
Ahead of next month’s Monetary Policy Committee meeting, a new research note by Renaissance Capital has revealed that Nigeria’s banking sector is facing a severe liquidity crunch following the Central Bank of Nigeria’s decision to impose a 50 per cent Cash Reserve Ratio, a move analysts say is at odds with the country’s ambition of...
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NDDC Denies Calabar Project Irregularities

20.06.2025
The Chairman of the Niger Delta Development Commission Governing Board, Chiedu Ebie, has expressed concern over the false narratives regarding the recently commissioned road projects in Calabar South and Calabar Municipality Local Government Areas of Cross River State. Speaking during the NDDC@25 celebration and commissioning of projects held in Bayelsa State, Ebie cautioned against politicising...
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Kaduna Has No Reason To Vote Anyone Except Tinubu — Abbas

20.06.2025
Speaker of the House of Representatives, Tajudeen Abbas, has declared that the people of Kaduna State have no justification to vote for any other candidate besides President Bola Ahmed Tinubu in the 2027 presidential election. According to Abbas, President Tinubu has demonstrated an unwavering commitment to Kaduna State “in very practical terms” by initiating a...
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Tinubu, AbdulRazaq, Others Strategise For Economic Growth

20.06.2025
The 65th Annual General Meeting, Conference, and Investiture of the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA) concluded on Thursday in Ilorin with a renewed commitment to drive Nigeria toward a $1 trillion economy by 2030. With the theme, “Harnessing Private Sector Potential to Achieve Nigeria’s $1 Trillion Economy by 2030,”...
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Tinubu Hails Gov Sani For Restoring Peace, Devt In Kaduna

19.06.2025
President Bola Tinubu, on Thursday, commended Governor Uba Sani of Kaduna State for his leadership in restoring peace, unity, and development to the state. The President, who was on an official visit to Kaduna, inaugurated several landmark projects, including the Institute of Vocational Training and Skills Development in Rigachikun, Igabi Local Government Area; the 300-bed...
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Court Fixes October 30 For Hearing

19.06.2025
Justice Peace Otti of the Anambra State High Court, Awka Judicial Division, has fixed October 30, 2025, for hearing a suit filed by activist and landowner, Dr. Ifeanyichukwu Okonkwo, challenging the ongoing land document recertification and revalidation exercise in Anambra State. Okonkwo dragged the Governor of Anambra State, Prof. Charles Soludo, and three others to...
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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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