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NNPC, Chevron oil discovery to boost production to 146,000bp

27.01.2026
The Nigerian National Petroleum Company Limited and Chevron Nigeria Limited are planning to increase oil production at their joint venture to 146,000 barrels per day, aiming to boost government revenue. This was as the NNPC congratulated Chevron, operator of the NNPC Ltd/CNL Joint Venture, on the successful completion of the Awodi-07 appraisal and exploration well...
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Aviation Unions Reject Nigeria’s Airport Concession Plan

27.01.2026
A crisis is currently brewing within the aviation industry over the Federal Government’s airport concession plans through the Ministry of Aviation and Aerospace Development. For more effective management, the government had agreed to concession at least four airports controlled by the Federal Airports Authority of Nigeria to private investors. The moves did not receive the...
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Nigeria Customs Revenue Surges to N7.28tn Amid New Reforms

27.01.2026
The Nigeria Customs Service recorded one of its strongest performances in recent history in 2025, generating N7.281tn in revenue, surpassing its annual target and intensifying enforcement against illicit trade, even as the agency warned that Nigeria loses about N3tn annually to port inefficiencies and prolonged cargo dwell times. The Comptroller-General of Customs, Bashir Adewale Adeniyi,...
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Metal Tops $5,000 on Global Unrest

27.01.2026
The price of gold hit fresh records Monday after reaching $5,000 an ounce for the first time on rising global uncertainty and turmoil set off by US President Donald Trump’s policies. Gold reached $5,111.07 an ounce, having topped the key landmark in Asian trading hours. “It vaulted over the psychologically important 5,000 mark on a...
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Nigeria Customs Revenue Hits Record ₦7.28tn in 2025

27.01.2026
The Nigeria Customs Service has recorded a major revenue milestone in 2025, generating a total of N7.281tn, marking one of its strongest financial performances in recent years. The Comptroller-General of Customs, Bashir Adeniyi, disclosed this on Monday in Abuja while delivering an address at the 2026 World Customs Day celebration, where he highlighted the impact...
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N17.3bn Value as Investors Gain N3bn

27.01.2026
Stock market investors traded 601.65 million shares worth N17.3 billion in 58,429 transactions on the Nigerian Exchange Limited on Monday. This compares with 731.7 million shares valued at N19.05 billion exchanged in 44,005 deals in the previous trading session. The figures represent an 18 per cent decline in trading volume and a nine per cent...
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NGX Gains N3.45bn Amid Selective Buying by Investors

27.01.2026
Selective buying in a handful of stocks lifted the Nigerian Exchange Limited slightly on Monday, despite weaker trading activity, as market capitalisation rose by N3.45bn to N105.96tn. NGX daily market report on Monday noted that at the close of the first trading day of the week, the All-Share Index inched up by 5.38 points, representing...
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Sterling Honored for Responsible Workplace Practices

27.01.2026
Sterling Financial Holdings Company Plc has been recognised by the Institute for Work and Family Integration as one of the standout organisations demonstrating leadership in responsible workplace practices at the Corporate Family Responsibility Index Awards. According to a statement from the HoldCo, the recognition, which was done by IWFI in collaboration with Lagos Business School,...
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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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