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Nigeria Inflation Eases to 21.88% on Harvest, Stable Naira

18.08.2025
Analysts have projected a sustained deceleration in Nigeria’s inflation in the near term on the back of the ongoing harvest season, exchange rate stability, softer energy prices, and the base effect. The projections followed the release of the July 2025 Consumer Price Index, which saw the decline in inflation extended to the fourth month. According...
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New PPP Guidelines Issued for Nigerian MDAs by ICRC

18.08.2025
The Infrastructure Concession Regulatory Commission has issued guidelines to govern the development and implementation of all PPP projects in Nigeria, overhauling the country’s infrastructure delivery processes through Public-Private Partnerships. The commission formally unveiled the new framework, under the statutory powers conferred on it by the ICRC Act, 2005, and in compliance with the Presidential directive,...
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Nigeria’s Oil Production Surpasses OPEC Quota Again

18.08.2025
Nigeria’s average daily crude production rose to 1,507,000 barrels per day in July, according to a report by the Organisation of the Petroleum Exporting Countries. This is a 7,000-barrel-per-day increase above the quota approved for Nigeria by OPEC. The latest oil output figures indicate that the country has sustained its crude production above the OPEC...
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NSIA Insurance Champions Ethical Data Practices in Nigeria

18.08.2025
NSIA Insurance Limited has reaffirmed its commitment to ethical data practices and strengthening its partnership with the insurance broking community. The insurance firm expressed this assurance in a statement at the Professional Members Evening organised by the Nigerian Council of Registered Insurance Brokers, Abuja Area Committee, recently. The event focused on data protection and privacy...
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FG Backtracks on Deductions After NLC

18.08.2025
•NSITF moves to avert strike, says AGF will refund workers, NLC leaders meet The Federal Government has pledged to reverse deductions from the Employees’ Compensation Scheme managed by the Nigeria Social Insurance Trust Fund, to ease tensions with the Nigeria Labour Congress, following the threat of a nationwide strike by the union. Last week, the...
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Dangote’s 3,550 CNG Truck Delivery Delayed by Shipping Crisi

18.08.2025
The planned fuel distribution by the Dangote Petroleum Refinery with 4,000 Compressed Natural Gas-powered trucks could not start on Friday due to logistics challenges in China, The PUNCH reports. The $20bn Lekki-based firm had earlier announced plans to kick off the direct fuel distribution exercise with the 4,000 CNG-powered trucks. The trucks were ordered from...
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Kogi Gov Pledges Pension Reform, Welfare Priority

18.08.2025
The Governor of Kogi State, Ahmed Ododo, has reaffirmed his administration’s commitment to the welfare of pensioners, assuring that measures are in place to guarantee the regular disbursement of gratuities and the gradual clearance of outstanding pension liabilities. According to a statement from the National Pension Commission on Saturday, the governor pledged during a courtesy...
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Cornerstone Insurance Unveils AI Chatbot “Cici”

18.08.2025
Cornerstone Insurance has introduced a new AI-powered chatbot named Cici. At the unveiling at its headquarters in Lagos, the officials of the firm disclosed that the chatbot will improve customer experience and operational efficiency. The chatbot, which is available on multiple platforms, is able to help customers buy pre-priced insurance policies, assist with claims settlement...
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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
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Man who asked Tinubu to resign admitted in psychiatric hospital

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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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