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Nigeria’s oil reserves dip as gas reserves rise to 215TCF

02.04.2026
Nigeria’s oil reserves recorded a marginal decline in 2026, while gas resources expanded, reflecting a gradual shift in the country’s hydrocarbon profile amid sustained production and discoveries. The Nigerian Upstream Petroleum Regulatory Commission disclosed this on Wednesday in Abuja, as it released the nation’s official petroleum reserves position as of January 1, 2026. In a...
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CardinalStone Bags Top Honors at DealMakers Africa Awards

02.04.2026
CardinalStone Partners Limited, a leading African financial services group, has solidified its position as a powerhouse in the capital markets, securing top-tier recognition at the prestigious DealMakers Africa Awards 2025. The firm dominated the equity advisory rankings, claiming the top spot for Financial Adviser by Transaction Flow (Equity) while securing third place for Financial Adviser...
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Nigeria’s New Naira Remittance Policy Reshapes Landscape

02.04.2026
The Central Bank of Nigeria’s new naira settlement rule for diaspora remittances marks a notable shift in policy, with implications for recipients, foreign exchange flows, and market operations, JUSTICE OKAMGBA writes the Central Bank of Nigeria recently unveiled a sweeping policy that is set to reshape how diaspora remittances are received in the country, marking...
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Why Institutional Support is Crucial for Women Businesses

02.04.2026
Women Entrepreneurship & Leadership for Africa has stated that while resilience has driven the growth of women-led businesses in Nigeria, institutional capacity will ultimately determine their long-term survival and expansion. In a statement on Tuesday, WELA noted that Nigeria has one of the highest rates of female entrepreneurship globally, with women owning between 40 and...
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Early HPV Detection Is Key to Preventing Cervical Cancer

02.04.2026
Health experts have issued a renewed call for Nigerians, particularly women of reproductive age, to prioritise the early detection of the Human Papillomavirus as a critical strategy to combat the nation’s growing cervical cancer burden. The call was made by the Chief Executive Officer of Inocul8, Emmanuel Egbroko, during the launch of the company’s ‘Stay...
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Local Investors Provide 72% of Funds

02.04.2026
The Central Bank of Nigeria on Wednesday said domestic investors accounted for the bulk of funds raised under its banking sector recapitalisation programme, contributing 72.55 per cent of the N4.65tn total capital secured by lenders. The apex bank disclosed this in a statement marking the conclusion of the exercise, which began in March 2024 and...
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Early Childhood Investment: Key to Nigeria’s Productivity

02.04.2026
Nigeria’s ambition to grow into a $1tn economy by 2050 may rely less on oil prices, infrastructure expansion, or macroeconomic reforms than on a quieter and often overlooked investment: the wellbeing of its youngest citizens. SAMI TUNJI examines how the country’s long-term productivity path is being influenced long before children step into classrooms or the...
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Lagos cuts diesel cost with solar for radio stations

02.04.2026
The Lagos State Government has installed a solar power system at Radio Lagos and Eko FM in a move aimed at cutting diesel costs, reducing dependence on the national grid, and ensuring uninterrupted broadcasting. The 150KVA outdoor solar generator installed by Alternatio Navitas Limited was unveiled on Tuesday by the Lagos State Commissioner for Information...
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Nigeria begins new crude export with Cawthorne blend

02.04.2026
The Nigerian National Petroleum Company Limited has marked a major milestone with the lifting of 950,000 barrels of Cawthorne blend crude into the global market through the ultramodern FSO Cawthorne vessel, Nigeria’s first new crude oil terminal in 50 years. According to a statement by Sahara Group, the development confirms reports on the exportation of...
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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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