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Regulatory Gaps Scare African Energy Investors, Says NUPRC

03.02.2026
The Commission Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission, Oritsemeyiwa Eyesan, has warned that inconsistent regulatory frameworks across African countries remain one of the biggest obstacles to cross-border energy investments, calling for the strengthening of the African Petroleum Regulators’ Forum as a continent-wide platform for regulatory alignment. Eyesan made the call in a...
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Nigeria food prices eased in November 2025, says NBS

03.02.2026
The National Bureau of Statistics says prices of major food items, including rice, beans, garri, tomatoes and onions, fell slightly in November 2025. The NBS disclosed this in its Selected Food Prices Watch report for November 2025, released in Abuja on Monday. According to the report, the average price of 1kg of local rice dropped...
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FG, States, LGs Share N1.969trn December 2025 Revenue

03.02.2026
A total sum of N1.969 trillion, being the December 2025 Federation Account revenue, has been shared among the Federal Government, states and local government councils. This was disclosed in a communiqué from the Federation Account Allocation Committee, made available on Monday by Director Press and Public Relations, Office of the Accountant-General of the Federation, Mr...
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Access Bank appoints Ifeyinwa Osime as new board chairman

03.02.2026
Access Bank Plc has appointed Ifeyinwa Osime as Chairman of its Board, following the retirement of Paul Usoro on January 29, 2026, upon the completion of his regulatory tenure. The appointment was disclosed to the Nigerian Exchange Limited in a notice on Monday by the company secretary, Sunday Ekwochi. “Access Holdings Plc (‘the Company’) is...
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Zest & Huawei Cloud Boost Nigeria’s Digital Payments Infrast

03.02.2026
Zest Payments Limited, a fintech subsidiary of Stanbic IBTC and part of the Standard Bank Group, has partnered Huawei Cloud to strengthen Nigeria’s digital payments infrastructure and deliver stable, scalable and compliant payment services nationwide. According to a joint statement by Zest and Huawei Cloud made available to PUNCH Online on Monday, the rapid growth...
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FG Disburses N2.45tn to States for Infrastructure Projects

03.02.2026
The total amount disbursed to state governments and the Federal Capital Territory as financial support for infrastructure and security projects has increased to N2.45tn, official records from the Office of the Accountant-General of the Federation have revealed. The amount disbursed between March 2024 and August 2025, which spanned over 17 months, was aimed at bolstering...
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Shell begins key maintenance on Bonga FPSO vessel

03.02.2026
Shell Nigeria Exploration and Production Company Limited says it has commenced a turnaround maintenance activity at the Bonga Floating Production Storage and Offloading vessel. In a statement on Sunday, the oil giant said the exercise is a statutory and integrity assurance programme aimed at extending the life of the facility. The FSPO is expected to...
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NGF & NSDC partner to expand Nigeria’s sugar industry

03.02.2026
The Nigeria Governors’ Forum has agreed to prioritise sugar as a key product to accelerate industrial development across states in the country. The Forum also accepted proposals to include sugar projects as priority beneficiaries in engagements with development partners both within and outside Nigeria. These decisions followed requests by the National Sugar Development Council, which...
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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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