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National Grid Collapse Causes Nationwide Power Outage

The national electricity grid collapsed on Monday after major power plants lost generation, as the Federal Government intensified efforts to restore the system. Checks by our correspondent confirmed that the grid went down around 2 pm, plunging many Nigerians into darkness. Power generation had peaked at about 4,800 megawatts earlier on Monday before crashing to...
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Amani & Kreston empower 1,000 Lagos children with skills

Amani Health, a health-tech company focused on mental wellness for individuals and organisations, has empowered over 1,000 children in Lagos through vision-building, goal-setting, and skill-development programmes aimed at helping young people define their goals and build confidence, competence, and capacity for the future. Recently, Amani Health, in partnership with Kreston Pedabo, a professional financial services...
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Nigeria power grid shows improved stability, NISO reports

Despite operating within long-standing system constraints in the power sector, Nigeria’s national grid recorded a noticeable improvement in stability in 2025, the Nigerian Independent System Operator has said. The Managing Director and Chief Executive Officer of NISO, Abdu Bello Mohammed, in his end-of-year message obtained by our correspondent on Sunday, said that compared with previous...
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NIRSAL Hits N100bn in Agric Credit Guarantees

The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending says it is ending 2025 with more than N100bn in approved credit guarantees for agriculture loans and investments across the country, enabling banks to expand lending to agribusinesses that would otherwise be considered too risky. The organisation disclosed this in a statement issued on Sunday, which...
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How NIIRA legislation is reforming Nigeria’s insurance secto

While President Bola Tinubu has signed several significant laws in 2025, none has resonated with such broad-based acceptance as the Nigerian Insurance Industry Reform Act. OLUWAKEMI ABIMBOLA examines how this landmark legislation has shaped the insurance sector in the outgoing year When President Bola Tinubu signed the Nigerian Insurance Industry Reform Bill into law in...
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Financial tips to help young adults beat inflation

As inflation climbs, currencies remain under pressure and the labour market grows more uncertain, many young adults are realising that financial planning has shifted from being a choice to a necessity. With economic conditions squeezing disposable income, those without a clear plan are usually the first to experience the impact. Beginning early provides a vital...
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Edun Assures Investors of Nigerian Economy’s Stability

The Minister of Finance and Coordinating Minister for the Economy, Wale Edun, has assured investors that the country’s recent joint security operation with the United States in Sokoto will not destabilise markets, but rather reinforce economic confidence. Speaking in a statement on Sunday, Edun emphasised that the operation, conducted on Christmas Day, was intelligence-led and...
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NGX Gains N542bn as Ecobank Leads Post-Holiday Rally

The Nigerian Exchange recorded a positive start to trading on Monday, gaining N542bn in market value as investors returned from the holiday break. The market capitalisation of the exchange now stands at N98.4tn, reflecting renewed investor confidence ahead of the year-end. A total of 1,468,187,076 shares were traded in 47,873 deals, corresponding to a turnover...
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I apologise for saying no heaven without tithe – Adeboye

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

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

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...