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FG Plans N3trn Recapitalization For Boi

19.02.2026
The Federal Government has unveiled plans to recapitalise the Bank of Industry (BOI) to N3trillion by 2026 as part of a broader strategy to stimulate industrial growth, deepen access to long-term financing, and strengthen Nigeria’s productive base. The recapitalisation forms a key pillar of the National Industrial Policy 2025, launched on Tuesday by the Federal...
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FG Suspends Payment Of 30% On Profit To NNPC Ltd

19.02.2026
The Federal Government has suspended the payment to the Nigerian National Petroleum Company Limited (NNPC Ltd) of the 30% on profit oil and profit gas revenue due to the federation for the management of Production Sharing, profit sharing and Risk Service Contracts. This is contained in an official gazette made on February 13, 2026 and...
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El-Rufai Re-Arrested By DSS After EFCC Release

19.02.2026
The Department of State Services (DSS) has arrested former Kaduna State Governor, Nasir el-Rufai, shortly after he was released on bail by the Economic and Financial Crimes Commission (EFCC). New Telegraph reports that El-Rufai was granted bail on Wednesday evening, February 18, but was picked up outside the EFCC premises by the DSS operatives over...
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Kano Govt Orders Closure Of Entertainment Centres

19.02.2026
The Kano State Censorship Board has directed the immediate suspension of all entertainment centres across the state, including event venues (gala houses) and disc jockey (DJ) operations with effect from yesterday. Announcing the directive on Tuesday, the board’s Public Relations Officer, Abdullahi Sani Sulaiman. According to the statement, the measure was intended to allow residents...
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Nigeria Faces More Risks Over Unpaid N6trn Invoices

19.02.2026
Despite incessant assurance by the Federal Government and stakeholders in the power sector, indications have emerged that the country could face more electricity crisis following unpaid invoices exceeding N6 trillion to power generation companies. The situation, according to the generation companies, has placed them at the greatest risk in the electricity value chain as the...
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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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