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Nigeria Crude Oil Export Reached 485M Barrels in 2025

12.05.2026
No fewer than 485.44 million barrels of the 592 million barrels of oil produced in 2025 were exported, The PUNCH reports. A latest industry report by the Nigerian Upstream Petroleum Regulatory Commission showed that the country exported 82 per cent of its oil output in 2025, leaving local refineries with 106.56 million barrels, which is...
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Nigeria’s New Remittance Policy: Impact on FX Liquidity

12.05.2026
The Chief Executive Officer of 91 Payments, Pelumi Esho, a licensed International Money Transfer Operator, spoke with FELIX OLOYEDE about the Central Bank of Nigeria’s recent directive requiring IMTOs to settle remittance transactions in naira It is widely expected that the Central Bank of Nigeria’s directive mandating IMTOs to settle remittances in naira will enhance...
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JAMB To Allow Candidates Use Personal Computers

12.05.2026
The Joint Admissions and Matriculation Board (JAMB) yesterday said it would introduce a “bring your own device” option for the Unified Tertiary Matriculation Examination (UTME) from 2027. Registrar Ishaq Oloyede said this yesterday during the 2026 policy meeting on admissions into tertiary institutions in Abuja. The professor said candidates would be allowed to use their...
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Bayelsa Declares Power Sector Open For Business As 60MW

12.05.2026
With residents still waiting for the 60-megawatt gas turbine installed by the Prosperity Government to be powered and lit up, the Bayelsa State Government has thrown open its electricity market to both foreign and Nigerian investors, promising a competitive, transparent, and predictable regulatory environment. The Director General of the Bayelsa Electricity Regulations Agency (BYERA), Dr...
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Over 70 Civilians Killed By NAF Strikes In Zamfara

12.05.2026
…DHQ dismisses claims Over 70 civilians were reportedly killed by Nigerian Air Force strikes on a weekly market in Tumfa in the Zurmi Local Government Area in Zamfara State on Sunday. But the Defence Headquarters (DHQ) dismissed reports alleging that civilians were killed during the operation, insisting that they successfully targeted terrorists and neutralised about...
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NDIC & Judiciary Partner on Failed Banks Dispute Resolution

12.05.2026
The National Judicial Institute and the Nigeria Deposit Insurance Corporation on Monday convened a sensitisation seminar for Justices of the Court of Appeal in Lagos, aimed at strengthening judicial capacity in bank liquidation matters and enhancing depositor protection within Nigeria’s financial system. The seminar, held in Lekki, Lagos, focused on how the judiciary can better...
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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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