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Banking stocks drive 0.28% NGX growth in equities market

10.04.2026
The Nigerian equities market closed on a positive note during Thursday’s trading session as a late-session rally in the banking sector pushed the market capitalisation up by N370bn. The All-Share Index grew by 0.28 per cent, gaining 576.27 points to settle at 203,161.81 points, while the total market value of listed equities rose to N130.774tn....
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Extended Power Outages in Nigeria Due to Grid Upgrade

10.04.2026
Electricity consumers in Plateau, Gombe, Bauchi, Borno, Adamawa, Taraba, and Yobe states are set to experience weeks of disrupted power supply as the Nigerian Independent System Operator announces a scheduled outage on the Jos–Gombe 330kV transmission line. In a public notice issued on Thursday, the Nigerian Independent System Operator said the outage would run from...
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Nigeria’s airspace at risk from weakening radar systems

10.04.2026
There are growing fears within Nigeria’s aviation sector as the Nigerian Airspace Management Agency warns that the country could soon lose its ability to effectively monitor aircraft within its airspace due to ageing radar infrastructure. For air traffic controllers who rely daily on the Total Radar Coverage of Nigeria system, the complaints are becoming more...
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ExxonMobil Plans $16bn Nigeria Oil Investment Expansion

10.04.2026
ExxonMobil has unveiled plans to invest billions of dollars in deepwater oil projects in Nigeria, signalling renewed confidence in the country’s upstream sector. The oil major disclosed this during a visit to the headquarters of the Nigerian Upstream Petroleum Regulatory Commission in Abuja as part of activities marking 20 years of the Erha deepwater project,...
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Nigeria Healthcare Market to Reach $161.7m by 2027

10.04.2026
Nigeria’s healthcare sector is witnessing sustained growth, with projections indicating a 7.1 per cent expansion rate and an estimated market value of $161.7m by 2027. According to a statement issued on Thursday by the organisers of the World Health Expo Lagos 2026, Informa Markets, recent public and private sector investments are helping to strengthen infrastructure,...
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Reforms boost Nigeria oil production with $24bn investment

10.04.2026
The Nigerian National Petroleum Company Limited has said recent reforms in the oil and gas sector have unlocked over $24bn in fresh investments, with an additional $10bn currently in the pipeline, as the country intensifies efforts to achieve its three million barrels per day production target. The Group Chief Executive Officer of NNPC Ltd, Bayo...
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Nigeria maritime sector revenue surges to N1.83tn in 2 years

10.04.2026
The Minister of Marine and Blue Economy, Adegboyega Oyetola, on Thursday said Nigeria’s maritime sector had recorded significant improvements under this administration, citing the elimination of piracy, clearance of Apapa port gridlock, rising revenue and renewed investor confidence. Oyetola disclosed this on Thursday at the Blue Economy Investment Summit in Abuja, organised by the Maritime...
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ExxonMobil Plans Major Deepwater Investments in Nigeria

10.04.2026
Fresh indications have emerged that Nigeria’s deepwater oil sector may be on the cusp of a major investment rebound as ExxonMobil unveiled plans for multi-billion dollar projects, including a potential Final Investment Decision as early as 2027. The oil giant disclosed this during a high-level visit to the Nigerian Upstream Petroleum Regulatory Commission in Abuja,...
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Guinness drives youth empowerment with cultural initiatives

10.04.2026
Guinness Nigeria Plc has reaffirmed its commitment to empowering young Nigerians and shaping contemporary culture through the unveiling of the Malta Guinness “Every Side of You” Mosaic, a large-scale cultural installation launched in Surulere, Lagos. Developed under the “Every Side of You” campaign from Malta Guinness, the installation stands as a bold expression of creativity,...
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Upstream oil sector rebounds with $10bn new investments

10.04.2026
Nigeria’s upstream oil and gas sector is witnessing a resurgence in investor confidence, with over $10bn in new investments unlocked through recent regulatory reforms, the Nigerian Upstream Petroleum Regulatory Commission has said. The Commission Chief Executive of the NUPRC, Oritsemeyiwa Eyesan, disclosed this on Thursday at the 2026 Oloibiri Lecture and Energy Forum in Abuja,...
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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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