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Tinubu Celebrates Hadiza Bala-Usman at 50

08.01.2026
President Bola Tinubu has felicitated the former Managing Director of the Nigerian Ports Authority and current Special Adviser on Policy Coordination and Head of the Central Results Delivery Coordination Unit, Hadiza Bala-Usman, on her 50th birthday, marked on 2 January 2026. This was contained in a statement recently  by the Special Adviser to the President...
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Stable Crude Supply Key to Lowering Fuel Prices in Nigeria

08.01.2026
The Petroleum Products Retail Outlets Owners Association of Nigeria has urged the Federal Government and regulators to ensure a steady crude supply to domestic refineries and consistent pricing mechanisms to stabilise fuel prices in 2026. In its 2026 outlook signed by the National President, Billy Gillis-Harry, and the spokesman, Joseph Obele, PETROAN said irregular crude...
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GenCos Invoices Fall N80.56bn on Weak Electricity Demand

08.01.2026
The total invoice issued by power generation companies fell by N80.56bn in the third quarter of 2025, following a reduction in energy offtake by electricity distribution companies, according to industry data. Figures released by the Nigerian Electricity Regulatory Commission in its Q3 2025 report indicate that GenCos billed N782.46bn in 2025/Q3, down from N863.02bn in...
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Cooking gas price stabilises in Nigeria as supply improves

08.01.2026
There is cautious optimism among retailers of liquefied petroleum gas (cooking gas) as the product becomes more available, currently selling between N1,000 and N1,400 per kilogramme, depending on location and seller. A market survey by our correspondent showed that cooking gas became more accessible towards the end of 2025, unlike the severe scarcity experienced in...
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Oyebamiji to get Media-Friendly CEO Award from journalists

08.01.2026
A coalition of maritime journalists has announced plans to recognise the immediate past Managing Director of the National Inland Waterways Authority, Mr Bola Oyebamiji, with the award of Most Media-Friendly CEO. In a statement on Wednesday, signed by the spokesperson of the coalition, Mr Joshua Yousouph, the group explained that the award was in recognition...
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AEC Backs Venezuela Oil Recovery as US Targets 50M Barrels

08.01.2026
The African Energy Chamber has backed Venezuela’s oil recovery efforts following the detention of the country’s president, Nicolás Maduro, by United States President Donald Trump, stressing that stability remains critical to restoring investor confidence and driving long-term growth in the energy sector. This came as Trump said on Tuesday night that Venezuela would hand over...
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Trump Seeks Ban on Dividends for Defense Firms

08.01.2026
United States President Donald Trump said on Wednesday that he would not permit defence companies to pay dividends or carry out share buybacks until they address persistent problems in the production and maintenance of military equipment, according to a Reuters report. In a post on Truth Social, Trump accused defence contractors of failing to deliver...
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YMR Awards N24m Business Grants to Young Entrepreneurs

08.01.2026
In a move signalling a broadened focus beyond spiritual formation, the Young Ministers Retreat has partnered with Premium Trust Bank to provide N24m in business grants to young entrepreneurs. In a statement, it was noted that the 2025 Young Ministers Retreat concluded at Redemption City with a landmark shift in its mission, awarding N24m (approx....
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M&P Exits Seplat Energy; Heirs Group Increases Stake

07.01.2026
Seplat Energy Plc has announced that founding shareholder Etablissements Maurel & Prom S.A. has completely exited its shareholding in the company. The sale involved 120,400,000 ordinary shares, acquired by Heirs Energies Limited (86,639,377 shares) and Heirs Holdings Limited (33,760,623 shares). Following the transaction, M&P no longer holds any stake in Seplat Energy, while the Heirs...
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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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