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Nigeria Needs $22bn for Gas Pipeline Projects, NNPC Says

09.02.2026
Nigeria may require up to $22bn in fresh investments to deliver planned gas pipeline infrastructure under the Nigerian National Petroleum Company Limited’s Gas Master Plan 2026, as the Federal Government intensifies efforts to unlock the country’s vast but underutilised gas resources. The NNPC Limited Gas Master Plan 2026, a copy of which was analysed by...
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Yemi Kale to Headline Ecobank Nigeria’s Customer Forum

09.02.2026
The Group Chief Economist & Managing Director, Research and Trade Intelligence, African Export-Import Bank, Dr Yemi Kale, is set to deliver the keynote address at the second edition of the Customer Forum hosted by Ecobank Nigeria. In a statement on Monday, the bank said that the forum organised by its Fixed Income, Currencies and Commodities...
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Oil sector surge boosts NGX market cap to a record high

09.02.2026
The Nigerian Exchange Limited reached a historic high as a surge in the Oil & Gas sector drove the All-Share Index to an unprecedented 171,727.49 points. The total market capitalisation rose to N110.23tn over the past week, representing a robust 3.8 per cent weekly appreciation. This bullish performance was primarily fuelled by renewed investor confidence...
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Nigerian Banks Face Rising Loan Losses & Impairment Charges

09.02.2026
The impairment charges recorded by six financial holding companies rose sharply to N1.49tn in 2025, compared with N1.06tn in 2024, representing a year-on-year increase of N430.39bn, or 40.66 per cent. This was indicated in the unaudited financial reports of the financial institutions for the year ended December 2025, which were filed with the Nigerian Exchange...
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Nigeria Risks $2tn Loss From Neglecting Blockchain: Expert

09.02.2026
The immediate past president of the Stakeholders in Blockchain Technology Association of Nigeria, Obinna Iwuno, warns that Nigeria could lose about $2tn over its failure to harness the opportunities in the blockchain sector of the economy. Iwuno said this in an exclusive interview with The PUNCH following his exit from the leadership of the premier...
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Lagos understudies NERC to strengthen power regulation

09.02.2026
The Lagos State Electricity Regulatory Commission has begun a process of understudying the Nigerian Electricity Regulatory Commission as part of efforts to strengthen electricity market regulation in the state. This was disclosed in a statement released by the NERC on Friday following a courtesy visit by board members of LASERC and the Lagos State Independent...
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Keyamo Backs Baze University’s Aviation School Proposal

09.02.2026
The Minister of Aviation and Aerospace Development, Festus Keyamo, has met with the Chancellor of Baze University, Yusuf Datti Baba-Ahmed, to discuss plans for the establishment of a School of Aviation in Abuja, a move aimed at boosting Nigeria’s aviation manpower and reducing dependence on foreign training. Baba-Ahmed, who was the running mate to Labour...
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Sanwo-Olu Pledges Infrastructure-Led Growth for Lagos

09.02.2026
The Lagos State Government has pledged to remain focused on deepening infrastructure delivery, strengthening institutions, expanding climate-adaptive investments in drainage and resilience, and ensuring that urban growth translates into measurable improvements in quality of life. The Lagos State Governor, Babajide Sanwo-Olu, stated this while speaking at the 2026 Nigeria Construction and Real Estate Outlook organised...
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CBN Flags Risks in Nigeria Fintech’s Foreign Reliance

09.02.2026
Nigeria’s fintech sector, one of Africa’s fastest-growing, remains heavily dependent on foreign investment, exposing it to swings in global markets, the Central Bank of Nigeria said in its 2025 Fintech Policy Insight Report. Startups in the country raised $520m in equity funding in 2024, down from about $747m in 2019, when Nigeria captured roughly 37...
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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
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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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