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NNPC Completes OB3 Pipeline Crossing River Niger

01.05.2026
The Nigerian National Petroleum Company Limited has completed the long-anticipated River Niger crossing of the Obiafu-Obrikom-Oben gas pipeline, unlocking a key segment of the country’s gas transmission network and paving the way for increased supply to power plants and industries. The feat, delivered by the NNPC Gas Infrastructure Company, a subsidiary of NNPC Ltd, involved...
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Reduce Workers’ Living Costs for Better Welfare in Nigeria

01.05.2026
Nigerian workers would benefit from the Federal Government prioritising policies that reduce the cost of living and have more sustainable welfare gains than periodic wage increases, the Centre for the Promotion of Private Enterprise has stated. The Chief Executive Officer of CPPE, Dr Muda Yusuf, in a policy brief on Thursday titled ‘Beyond Wage Increases:...
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Allgreen invests $10bn in Nigerian clean cookstove project

01.05.2026
Allgreen Energy NV has pledged $10bn to support the rollout of an 80 million clean cookstove project in Nigeria, marking one of the largest household energy transition investments on the African continent. Allgreen announced its contribution to the rollout on Wednesday in Lagos during a media briefing and project unveiling hosted by GreenPlinth Africa, where...
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10 Nigerian Startups Secure Funding to Tackle Extreme Heat

01.05.2026
Ten early-stage ventures are accelerating solutions to extreme heat in Nigeria after being selected for the inaugural cohort of the TECA Heat Action Wave  programme. The initiative, backed by BFA Global, FSD Africa, ClimateWorks Foundation, and the United Kingdom’s Foreign, Commonwealth & Development Office in Nigeria, targets climate adaptation innovations addressing rising temperatures and their...
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Illicit Financial Flows Weaken Nigerian Investment, MAN Warn

01.05.2026
The Manufacturers Association of Nigeria and the Nigeria Revenue Service on Wednesday cautioned that illicit financial flows were weakening investment inflows, putting pressure on exchange rates, raising production costs, and undermining confidence among domestic and foreign investors. Both institutions also urged corporate entities to strengthen due diligence, improve transparency, and tighten internal controls to prevent...
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SUNU Assurances Targets N9.34bn With New Rights Issue

01.05.2026
SUNU Assurances Nigeria Plc has commenced a bid to raise N9.34bn through a rights issue to existing shareholders. The non-life insurer is offering 2,075,285,715 ordinary shares of 50 kobo each at a price of N4.50 per share. Company Secretary Taiwo Kuku stated that the offer applies to investors whose names appeared in the Register of...
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Egbin Shutdown & Grid Fault Disrupt Lagos Power Supply

01.05.2026
A prolonged blackout may be imminent in Lagos State following a sudden shutdown of the Egbin Power Station and a simultaneous transmission line outage, the Nigerian Independent System Operator has said. The system operator disclosed in a statement on Thursday that the Egbin Power Station suffered a major operational disturbance, leading to a complete loss...
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CITN urges members to support new Nigerian tax reforms

01.05.2026
The Chartered Institute of Taxation of Nigeria has said the ongoing tax reforms in the country have increased demand for competent and ethical professionals, warning that practitioners must meet stricter standards under the new regime. Speaking in Abuja on Thursday at the institute’s 54th induction ceremony, the President and Chairman of Council, Innocent Ohagwa, said...
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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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