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MTN, CardCentre Launch Biodegradable SIM Cards in Nigeria

MTN Nigeria has partnered with CardCentre Nigeria Limited, a subsidiary of Chams HoldCo, to introduce eco-friendly SIM cards made entirely from biodegradable materials. The launch, which took place in Lagos, targets the reduction of plastic waste across Nigeria and the wider West African region. In a statement made available to our correspondent on Monday, the...
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NGX Suspends Three Insurance Firms Over Audit Failures

The Nigerian Exchange Limited has suspended trading in the shares of three listed insurance companies for failing to file their audited financial statements for the year ended December 31, 2024. The suspension, effective September 1, 2025, affects Regency Alliance Insurance Plc, International Energy Insurance Plc, and Universal Insurance Plc. The action follows the Default Filing...
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FGN Savings Bonds Offer High Returns for Investors

The Federal Government of Nigeria, through the Debt Management Office, has opened a new offer for subscription of its Savings Bonds, providing banks, institutional investors, and individuals an opportunity to earn attractive returns while boosting liquidity. According to the document filed on its website on Monday, the two-year FGN Savings Bonds, due September 10, 2027,...
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CATO & BATNF Empower Osun Farmers

A new initiative is transforming small-scale cassava farming in Osun State into a profitable, thriving enterprise. The Micro Cassava Enterprise Support Programme, a collaboration between CATO Foods & Agroallied Global Concepts and the British American Tobacco Nigeria Foundation, is empowering 100 smallholder farmers by providing them with a comprehensive suite of resources, training, and guaranteed...
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Nigeria Signs Offshore Oil Block Deal with TotalEnergies

The Federal Government, through the Nigerian Upstream Petroleum Regulatory Commission, has signed a production sharing contract with TotalEnergies and South Atlantic Petroleum for Petroleum Prospecting Licences 2000 and 2001. The blocks, awarded in the 2024 licensing round, cover about 2,000 square kilometres in the Niger Delta Basin. TotalEnergies will hold an 80 per cent interest...
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Nigeria’s Electricity Tariff Debate: NERC Meets Regulators,

The Nigerian Electricity Regulatory Commission met with state regulators, power distributors, and other stakeholders on Monday to address transition challenges in the sector, following concerns around the tariffs payable by consumers. The two-day meeting ongoing in Lagos is the commission’s quarterly meeting for the power sector, and it is the third for the year. The...
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Dangote Cement Expands Scholarship to 51 Kogi Communities

Dangote Cement Plc has expanded its scholarship programme to cover 51 communities within the Oworo District of Kogi State. The Plant Director, Azad Nawabuddin, announced this at the scholarship award ceremony in Obajana on Monday. Although the Oworo communities do not fall directly within the company’s catchment areas, Dangote Cement has chosen to extend its...
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NIGCOMSAT Connects 200 Rural Areas to Internet in Nigeria

The Nigerian Communications Satellite Limited says it has connected about 200 rural communities to the internet in the past eight months as part of efforts to bridge the country’s digital divide. The Managing Director/Chief Executive Officer of NIGCOMSAT, Mrs Jane Egerton-Idehen, disclosed this on Monday in Abuja during her keynote address at a one-day media...
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Gencos Dare FG to Disconnect Plants From Power Grid

It appears power generation companies are not pleased with the threat from the Federal Government, through the Nigerian Electricity Regulatory Commission, to disconnect the Gencos from the national grid if they fail to implement the Free Governor Control across their generating units. Responding to the threat on Monday, the generation companies told the regulator to...
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I apologise for saying no heaven without tithe – Adeboye

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

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

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...