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Nigeria generated N8.6tn from gas in 2024 – Report

22.01.2025
Nigeria generated approximately N8.6tn from natural gas production in 2024, The PUNCH reports. Data from the Nigerian Upstream Petroleum Regulatory Commission indicated that the country produced 2.5 trillion cubic feet of gas last year. The NUPRC data indicated that the country produced 1.44TCF of associated gas. Associated gas is a form of natural gas found...
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Sanwo-Olu engages Fellows of Lateef Jakande Academy on leadership

22.01.2025
Lagos State Governor Babajide Sanwo-Olu has hosted an inspiring Fireside Chat with the second cohort of fellows from the Lateef Jakande Leadership Academy on the importance of visionary and solution-driven leadership. The session was held recently at the Lagos House, Ikeja. Addressing the Fellows at the State Executive Council Chamber, where critical decisions shaping Lagos...
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AfDB partners with IOM to strengthen Africa’s migration

22.01.2025
The African Development Bank and the International Organisation for Migration have announced their collaboration to strengthen Africa’s migration development. According to a statement, African Development Bank Group Senior Vice President, Marie-Laure Akin-Olugbade, met with the Director-General of the International Organisation for Migration, Amy Pope, to discuss closer collaboration between the two organisations on migration and...
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Aviation unions give Nimet 14-day ultimatum

22.01.2025
The Coalition of Aviation Unions, under the umbrella of the National Union of Air Transport Employees, Amalgamated Union Public Corporations, Civil Service Technical and Recreational Services Employees, and Association of Nigeria Aviation Professionals, among others, has issued a 14-day ultimatum to the Federal Government through the Director-General of the Nigerian Meteorological Agency, Prof. Charles Anosike,...
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MTN leads as investors gain N471.37bn

22.01.2025
Investors on the Nigerian Exchange recorded a gain of N471.37bn at the end of Tuesday’s trading session as the market capitalisation rose to N63.3tn. The All-Share Index advanced by 0.75 per cent, adding 767.63 points to close at 103,137.99. Overall, 127 equities participated in trading, with 29 gainers and 28 losers, reflecting mixed sentiments in...
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Oil & gas stocks rise as Trump launches energy agenda

22.01.2025
Oil and gas stocks rallied on Tuesday as the United States President Donald Trump unveiled an energy agenda at the start of his second term. The plan, which prioritises maximising US oil and gas production, includes declaring a national energy emergency, rolling back regulatory restrictions and withdrawing the U.S. from an international climate change agreement,...
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WTO explores trade as development tool

22.01.2025
World Trade Organisation members convened for a retreat aimed at addressing challenges faced by developing and least-developed countries in global trade. The members convened for the retreat recently in Geneva. In her opening remarks, WTO Director-General Ngozi Okonjo-Iweala emphasised the centrality of development in the organisation’s mission. “The development dimension remains central to furthering the...
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Rebased CPI to reflect current price volatility – NBS

22.01.2025
The National Bureau of Statistics has disclosed that its rebased Consumer Price Index will better reflect current price volatility and provide a clearer understanding of economic trends in Nigeria. According to a press statement on Monday by the agency’s Director of Communication and Public Relations, Sunday Ichedi, the rebased CPI, which will be unveiled at...
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Dismantle speed bumps on highways, minister orders controllers

22.01.2025
The Minister of Works, David Umahi, has directed all Federal Controllers of Works to dismantle all speed calming devices/measures (speed breakers or bumps) on federal highways in their respective states. The minister issued the directive during the opening of a two-day retreat organised for highways engineers and management staff of the works ministry. The retreat...
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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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