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UNDP & REA Partner to Accelerate Nigeria’s Clean Energy Tran

18.08.2025
The United Nations Development Programme and the Rural Electrification Agency have signed an agreement aimed at accelerating Nigeria’s clean energy transition, boosting innovation, and equipping a new generation of professionals for a future-ready energy sector. The electrification agency announced the development in a statement on Friday. The collaboration, formalised at a signing ceremony in Abuja,...
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Nigeria Deductes N256.5bn for Gas Infrastructure Fund in H1

18.08.2025
The Federal Government, through the Federal Accounts Allocation Committee, has deducted a total of N256.52bn from revenue allocations to fund gas infrastructure projects in the first half of 2025, official figures seen by Sunday PUNCH have shown. This comes amidst the government’s latest plan to review deductions and revenue retention practices. The deductions, which are...
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NCC Boosts Telecom Infrastructure Protection in Nigeria

18.08.2025
The Nigerian Communications Commission has announced fresh measures to strengthen the protection of the nation’s critical digital infrastructure, in line with a presidential directive to secure assets vital to the country’s economy and security. Telecommunications companies have experienced a sharp rise in vandalism targeting critical infrastructure in recent months, particularly since May 2025. This wave...
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Blue Economy Key to Nigeria’s Economic Diversification

18.08.2025
Former Director-General of the Nigerian Maritime Administration and Safety Agency, Dr Ade Dosunmu, has emphasised the importance of strategic reforms and stronger collaboration among agencies and stakeholders in unlocking the vast potential of Nigeria’s blue economy. Delivering a lecture titled “Blue Economy and Economic Diversification: Opportunities and Challenges” at the National Institute for Policy and...
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JMG Saves N40M with Solar Power Installation

18.08.2025
In a move that reinforces its adoption of renewable energy, JMG Limited has installed a 129-kilowatt hybrid solar system at its head office in Lagos, using premium solar technology from Longi and Deye. The move is saving the company up to N40m in annual diesel spending. In a statement, the company said the hybrid installation...
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Nigeria’s IDA Debt Hits $18.2 Billion

18.08.2025
Nigeria has retained its position as the third-largest debtor to the World Bank’s International Development Association, with outstanding obligations of $18.2bn as of June 30, 2025. This marks a rise from $16.5bn in June 2024, representing a $1.7bn—or roughly 10.3 per cent—increase within one year. The latest figures from the IDA’s financial statements show that...
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Customs Kirikiri Terminal Revenue Hits N89.2bn in H1 2025

18.08.2025
The Kirikiri Lighter Terminal of the Nigeria Customs Service has announced that the command collected N89.2bn as revenue from January to June 2025. In a statement on Saturday, the Customs Area Controller of KLT, Eghosa Edelduok, explained that the figure shows a 63 per cent increase when compared with N54.8bn collected by the command within...
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NAICOM’s Recapitalization Deadline: Liquidation Threat for I

18.08.2025
The National Insurance Commission has warned that insurance companies that fail to meet the July 2026 recapitalisation deadline will face strict regulatory action, including liquidation or merger. In a circular directed to all insurance and reinsurance companies in Nigeria, the Deputy Commissioner (Technical), Dr Usman Jankara, stated that the commission would not hesitate to take...
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Auctioneers Nigeria Institute Unveils Growth Plan for Abuja

18.08.2025
The Certified Institute of Auctioneers Nigeria, Abuja Chapter, has unveiled a two-year plan to build a vibrant, inclusive, and progressive community of auctioneers in the Federal Capital Territory. The newly inaugurated Chairman of CIAN, Ajayi Franklin, described the occasion as “a new beginning in the history of the institute,” noting that the Abuja Chapter was...
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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...

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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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