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Nigerians pay N1.13tn electricity bill amid blackouts

07.01.2026
Electricity distribution companies in Nigeria collected a total of N1.13tn in revenue from their customers over the six months spanning the second and third quarters of 2025 (April to September), according to detailed monthly performance data from the Nigerian Electricity Regulatory Commission. This is despite repeated complaints of low power supply among electricity consumers and...
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Edgebase Technologies marks 20 years of innovation in Nigeri

07.01.2026
Nigerian technology firm Edgebase Technologies is celebrating 20 years of innovation, local impact and community building, marking two decades of contributions to Nigeria’s and West Africa’s rapidly evolving digital ecosystem. Founded in 2005 as a small start-up focused on hardware supply, Edgebase has grown into a trusted partner for IT enterprise infrastructure, engineering services, cybersecurity...
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AA Rano Unveils Nigeria’s First Unmanned Fuel Stations

07.01.2026
AA Rano Nigeria, one of the country’s leading downstream petroleum marketing companies, has unveiled Nigeria’s first fully automated and unmanned fuel stations, marking a major step in the digital transformation of the fuel retail sector. The initiative follows a business partnership between AA Rano and Petrosoft Limited, a Nigerian technology firm specialising in downstream oil...
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Why Africa Must Embed Technology in Its Governance Systems

07.01.2026
Africa has been urged to move beyond short-term digital projects and embed technology in governance systems that can endure political transitions and funding cycles. Founder and chief executive officer of Nnnew Network, Adeniyi David Adebote, said Africa was not short of ideas, talent or reform initiatives, but lacked institutions designed to work together over the...
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CMUL Class of 2004 Renovates Lecture Room with N10m

07.01.2026
Alumni of the College of Medicine, University of Lagos, Class of 2004, have invested over N10m in renovating a lecture room at the institution as part of activities marking their 20th anniversary. The project was unveiled during a reunion themed “20 Years Strong: Our Journey So Far”, held at CMUL, Idi-Araba, Lagos. Speaking at the...
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Addme Engages Shoppers with Smart Cooking Mates in Lagos

07.01.2026
As the new year begins, Addme, an innovative brand offering smart cooking mates, is encouraging Nigerians to let go of stress and embrace a lighter, more joyful way of living. A statement from the firm on Tuesday stated that the brand delivered this message through a community-focused activation tagged “A Stress-Free Start with Addme,” held...
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CBN Warns of Bank Recapitalization Risks to the Market

07.01.2026
The Central Bank of Nigeria has cautioned that the ongoing banking sector recapitalisation could increase concentration risk in Nigeria’s capital market, potentially crowding out non-bank issuers, despite the current bullish momentum in equities. The warning is contained in the Macroeconomic Outlook for Nigeria, 2026: Consolidating Macroeconomic Stability Amid Global Uncertainty, where the apex bank highlighted...
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UBA closes rights issue, successfully raises N157.84bn

07.01.2026
United Bank for Africa has successfully closed its rights issue, raising N157.84bn after the exercise was fully subscribed, the bank announced on Wednesday. The rights issue offered 3,156,869,665 ordinary shares at N50 per share, on the basis of one new share for every thirteen existing shares held by shareholders on the register as of 16...
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Mouka Celebrates 71 New Year Babies Nationwide in 2026

07.01.2026
Mouka, the country’s leading manufacturer of mattresses, pillows and bedding products, marked the start of 2026 with its annual tradition of celebrating babies born on New Year’s Day across the nation. At midnight on 1 January, Mouka celebrated families welcoming newborns, highlighting its dedication to promoting healthy sleep and wellbeing from the very start of...
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NGX Gains N468bn as New Year Stock Rally Continues

07.01.2026
The Nigerian Exchange extended its positive momentum in the new trading year on Tuesday, as sustained buying interest across key stocks lifted total market capitalisation by about N468bn, reinforcing investor optimism and consolidating the market’s position above the N100tn milestone. At the close of trading, total equities market capitalisation rose to N102.28tn from N101.81tn recorded...
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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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