January 2026 – Page 101

Aid Cuts Worsen Nigeria’s Hunger Emergency, UN Warns

21.01.2026

Humanitarian aid cuts are pushing Nigeria deeper into a hunger emergency, with food assistance plummeting from 1.3 million people reached during the 2025 lean season to just 72,000 expected to be assisted in February, the UN World Food Programme has warned. According to the WFP, Nigeria is at the centre of a widening West and...

Geregu Power Posts N27.25bn Profit in 2025 Financials

21.01.2026

Geregu Power Plc has reported a profit after tax of N27.25bn for the year ended 31 December 2025, underscoring the power generation company’s ability to sustain earnings growth amid rising operating costs and a challenging macroeconomic environment. According to its audited financial statements, Geregu Power recorded revenue of N184.94bn in 2025, up from N137.13bn in...

NGX Trading Starts Week in Red, Sheds N10.9bn

21.01.2026

The Nigerian Exchange started the week on a bearish note as the market capitalisation fell by N10.9bn at the close of trading on Monday. Data released by the exchange showed that a total of 629.57 million shares were traded in 57,840 deals, valued at N14.75bn. This represents a 17 per cent increase in trading volume,...

SEC capital hike to spur mergers, squeeze smaller operators

21.01.2026

The SEC’s updated minimum capital requirements for market operators are set to drive mergers and acquisitions, potentially forcing smaller firms out of the industry. While the higher thresholds aim to enhance market stability and protect investors, analysts caution that they may not be appropriate for every operator, especially fund and asset managers who primarily oversee...

Nigeria’s Non-Oil Exports Hit Record High of $6.1 Billion

21.01.2026

Nigeria’s non-oil exports rose to an all-time high of $6.1bn in 2025, marking the strongest performance recorded in the sector since the establishment of the Nigerian Export Promotion Council nearly five decades ago. The figure represents an 11.5 per cent year-on-year increase over the $5.4bn recorded in 2024, reinforcing signs of growing momentum in the...

GenCos Slam N1.1tn Power Budget Lacking Subsidies

21.01.2026

The Federal Government has allocated over N1.1tn to the power sector in the 2026 Appropriation Bill, an amount higher than the N900bn budgeted for the sector in 2025. However, stakeholders have raised concerns as a detailed examination of the budget shows that no part of the allocation is explicitly earmarked for electricity tariff support or...

Arsenal Beat Inter 3–1 At San Siro To Extend Perfect UCL Run

21.01.2026

Arsenal continued their outstanding UEFA Champions League campaign with a convincing 3–1 victory over Inter Milan in the Group Stage at the iconic San Siro in Milan on Tuesday evening. The win not only secured the Gunners a perfect record in the group but also moved them closer to topping the section and earning home...

Bodo/Glimt Shock Manchester City With 3–1 Champions League

21.01.2026

Manchester City’s struggles in 2026 deepened on Tuesday night as they were comprehensively beaten 3–1 by Bodo/Glimt in the UEFA Champions League, with the Norwegian side delivering a ruthless attacking display. Pep Guardiola’s team arrived in Norway hoping to bounce back from their recent derby defeat, but instead suffered another setback that has cast doubt...

I’ll Champion Oborevwori’s Re-Election In 2027

21.01.2026

The Principal Secretary to the immediate past Governor of Delta State, Dr. Hilary Obi Ibegbulem, has pledged to actively champion the re-election of Governor Sheriff Oborevwori in 2027, citing the governor’s outstanding performance since assuming office. Dr. Ibegbulem made the pledge at the Agbor venue of the groundbreaking ceremony for the Uromi Junction Flyover project,...

Oborevwori ‘Unbeatable’ In 2027, Says Delta APC Chairman

20.01.2026

The Delta State Chairman of the All Progressives Congress (APC), Chief Omeni Sobotie, has declared that Governor Sheriff Oborevwori is unbeatable ahead of the 2027 general election, insisting there is no credible challenger in sight. Chief Sobotie made the remark on Tuesday while receiving the executive committee of the College of Executive Assistants (EAs) 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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Aid Cuts Worsen Nigeria’s Hunger Emergency, UN Warns

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NGX Trading Starts Week in Red, Sheds N10.9bn

SEC capital hike to spur mergers, squeeze smaller operators

Nigeria’s Non-Oil Exports Hit Record High of $6.1 Billion

GenCos Slam N1.1tn Power Budget Lacking Subsidies

Arsenal Beat Inter 3–1 At San Siro To Extend Perfect UCL Run

Bodo/Glimt Shock Manchester City With 3–1 Champions League

I’ll Champion Oborevwori’s Re-Election In 2027

Oborevwori ‘Unbeatable’ In 2027, Says Delta APC Chairman

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