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Nigeria Saves N6tn Through Downstream Oil Reforms

Nigeria is moving towards ending its dependence on imported petroleum products as part of a sweeping overhaul of the downstream supply chain, the Authority Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, Saidu Mohammed, has said. Mohammed disclosed this on Wednesday in Abuja while delivering a keynote address at the 2026 Nigerian...
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Okomu & PIND Partner for N1.2bn Edo Community Development

Okomu Oil Palm Company Plc and the Foundation for Partnership Initiatives in the Niger Delta have held a training programme for community representatives in Edo State ahead of the rollout of a N1.2bn partnership focused on peacebuilding and livelihoods. According to a statement on Tuesday, the training was organised to acquaint committee members with the...
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Nigeria Moves to End Blanket Fertiliser Application for Farm

The Federal Government has begun the process of validating a Harmonised Fertilizer Manual as part of efforts to boost crop productivity, improve farmers’ incomes, and strengthen national food and nutrition security. The Director, Farm Inputs Support Services, Abana Abba, stated this in a signed statement on Monday, describing the move as a critical step towards...
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Africa Energy Bank to Fund Nigeria, Others with $10bn

Africa is poised for a leap in oil and gas investment, as $10bn in funding will be mobilised through the newly established African Energy Bank to support strategic energy projects across the continent. This announcement was made by the Secretary-General of the African Petroleum Producers’ Organisation, Farid Ghezali, on Tuesday in Abuja during the opening...
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Govt Securities Form 11% of Nigerian Banks’ Assets: S&P

Government securities now account for about 11 per cent of Nigerian banks’ total assets, underscoring years of constrained credit extension and a sustained tilt towards lower-risk sovereign instruments, according to a new banking sector outlook by S&P Global. The ratings firm said the rising exposure has increased banks’ sensitivity to sovereign-related shocks, though this risk...
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Senate Declines Electronic Transmission Of Election

On Wednesday, the Senate c bydeclined the proposed amendment to Clause 60, Subsection 3, of the Electoral Amendment Bill that was introduced to make electronic transmission of election results mandatory. The provision, if accepted, would have compelled presiding officers of the Independent National Electoral Commission (INEC) to upload results from each Polling Unit to the...
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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...