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Govt Warns Contractors Over Slow Lokoja-Abuja Road Work

The Federal Government has expressed dissatisfaction with the pace of construction work on the Lokoja–Abuja highway, warning contractors handling sections of the critical corridor to urgently improve performance or risk sanctions. The Presidency’s Senior Special Assistant on Community Engagement, North Central, Abiodun Essiet, gave the warning during an inspection tour of ongoing federal road projects...
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Nigeria mining sector gets boost with gold & lithium plants

The Federal Government has announced the commencement of operations at a high-purity gold refining plant in Lagos, with three additional gold refineries at different stages of development across the country and a $600m lithium processing plant in Nasarawa State ready for commissioning. The Minister of Solid Minerals Development, Dele Alake, disclosed this on Tuesday, saying...
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Omi Eko Project Appoints New Head of Communications

The Omi Eko Project has appointed Dr Segun Alabi as its Head of Communications and Media to drive public engagement for the €410m water transport initiative in Lagos. In a statement announcing the appointment, Special Adviser on Blue Economy to the Lagos State Governor and Project Coordinator Oluwadamilola Emmanuel expressed confidence in Alabi’s ability to...
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Cavista Hackathon Returns to Lagos for its Fourth Edition

Cavista Technologies, a portfolio company of Cavista Holdings, has announced the return of its annual hackathon in Lagos, as it prepares to host the fourth edition of the Cavista Technologies Hackathon aimed at identifying and nurturing Nigeria’s next generation of technology talent. The two-day event is scheduled for 21 to 22 February 2026, at the...
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Konga Kicks Off 2026 With Discounts & Free Delivery

Konga is offering customers discounts across multiple product categories, including a 25 per cent price cut on Starlink internet kits alongside free nationwide delivery, as Nigeria’s composite e-commerce platform launched its first shopping campaign of 2026. The campaign, tagged Konga Jara, is designed to help shoppers turn new year aspirations into practical outcomes through value-driven...
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15 Nigerian States Budget N10.7tn for Infrastructure

Fifteen states will spend more than N10tn on infrastructure this year, an ambitious fiscal push to upgrade roads, schools, hospitals, and public utilities, analysis of their budgets by The PUNCH has shown. Together, the sub-nationals, which include Lagos, Akwa Ibom, Enugu, Anambra, Kano, Imo, Yobe, Ebonyi, Oyo, Kaduna, Ekiti, Osun, Ondo, Edo, and Plateau, earmarked...
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NCS enforces global standards on courier DDP regime

The Nigeria Customs Service has announced the commencement of a new Standard Operating Procedure for regulating courier companies operating under the Delivered Duty Paid Incoterm. In a statement on Monday, the National Public Relations Officer of the service, Abdullahi Maiwada, a Deputy Comptroller of Customs, explained that the implementation provides a unified framework for registration,...
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NERC Reports N44bn Shortfall in October

Electricity distribution companies across the country billed customers a total of N255.19bn for power supplied in October 2025, but collected N210.92bn, leading to combined losses from unbilled energy and unpaid bills that continue to strain the liquidity of the power sector. This is according to the latest commercial performance factsheet released by the Nigerian Electricity...
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Oil prices surge following Trump’s Iran tariff threat

The price of oil surged around three per cent on Tuesday as US President Donald Trump announced steep tariffs on anyone trading with Iran, sparking expectations that the threat will restrict supplies of crude. “Supply concerns remained front and centre after President Trump announced new tariffs on US imports from any countries trading with Iran,...
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Equities Market Posts N1.7 Trillion Gain in Bullish Session

The equities market recorded a historic gain of N1.662 trillion on Tuesday at the close of trading, reflecting sustained bullish sentiment among investors. This marked the 22nd consecutive bullish session, underscoring renewed investor confidence driven by increased demand for blue-chip stocks and positive market momentum. Market capitalisation rose by 1.59 per cent, closing at N106.182...
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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...