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Nigeria Oil Production Rises to 1.8mbpd Amid Local Demands

06.04.2026
Local refiners and organised labour have renewed calls for increased crude supply and lower fuel prices following confirmation that Nigeria’s oil production has risen to about 1.8 million barrels per day, saying higher output should translate into improved feedstock availability for domestic refineries and relief for consumers. The spokesperson for the Crude Oil Refiners Association...
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Startup leverages AI to bridge maternal healthcare gap

06.04.2026
Solayo Africa, a health-tech company, is leveraging WhatsApp technology to build a scalable maternal healthcare ecosystem across Africa, targeting gaps in access, affordability, and service delivery. In a statement on Friday, the firm noted that through its AI-powered chatbot, Moma, it delivers personalised maternal care support from pregnancy through postpartum and into a child’s first...
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Nigeria’s Economic Reforms Yielding Positive Results

06.04.2026
The Director of Expenditure (Social) at the Budget Office of the Federation, Yusuf Kurawa, has said Nigeria is currently grappling with fiscal challenges but assured that ongoing economic reforms by the Federal Government are beginning to yield positive results. Kurawa stated this while speaking with journalists on Friday in Kano, noting that the country’s economic...
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Coronation Insurance Revenue Grows 51% in 2025 Financials

06.04.2026
Coronation Insurance Plc has released its audited financial results for the year ended 31 December 2025, revealing a significant expansion in its top-line performance despite a volatile macroeconomic environment. The Group’s insurance revenue grew by 51 per cent compared to the 2024 fiscal year, a surge driven by robust underwriting activities in its Nigeria and...
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Experts Urge Govt Support for Nigerian Tech Sector Growth

06.04.2026
Tech experts have called on the Federal Government to strengthen power supply and support indigenous technology firms following the acquisition of ZuumHost by HoganHost, a web hosting platform. The call comes amid growing concerns over the sustainability of Nigeria’s digital infrastructure as local firms continue to expand operations in a challenging business environment. The acquisition,...
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NSIA profits plunge 91% as FX windfall disappears in 2025

06.04.2026
The Nigeria Sovereign Investment Authority recorded a sharp contraction in its bottom-line performance for the 2025 fiscal year, as the massive foreign exchange gains that bolstered its previous year’s results failed to repeat. According to the 2025 Special Purpose US Dollar Consolidated and Separate Financial Statements, the Authority’s profit for the year plummeted to $107m,...
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MTN separates mobile money into standalone fintech in Ghana

06.04.2026
Africa’s largest telecom operator, MTN Group Ltd., has completed the structural separation of its mobile money business in Ghana, creating a standalone fintech entity as part of regulatory compliance and a broader push to expand digital financial services. The Johannesburg Stock Exchange-listed company said Thursday that Scancom PLC, its Ghanaian unit, had finalised the transaction...
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FG Cracks Down on Adulterated Fuel at Filling Stations

06.04.2026
The Federal Government, through its Nigerian Midstream and Downstream Petroleum Regulatory Authority, has vowed to clamp down on filling stations selling adulterated and substandard petroleum products across the country. The regulator disclosed that it had commenced routine random sampling inspections as part of a systematic quality certification process aimed at ensuring petroleum products sold in...
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Nigeria Secures Aircraft Financing Deals at Aviation Summit

06.04.2026
The Minister of Aviation and Aerospace Development, Festus Keyamo, has outlined four major deals and achievements recorded at the just-concluded Nigerian Aircraft Acquisition and Investment Summit 2026, describing the outcomes as a significant breakthrough for Nigeria’s aviation sector. Keyamo, who spoke through a statement signed by his media aide, Tunde Moshood, on Friday, said 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
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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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