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Geregu power plant begins four-week maintenance

27.10.2025
The Niger Delta Power Holding Company has announced the commencement of a four-week routine maintenance exercise at its 430-megawatt Geregu Power Plant in Kogi State. The scheduled inspection, being handled by the plant’s Original Equipment Manufacturer, Siemens Energy, began this week and is expected to last for about a month. According to a statement signed...
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Cyber insurance now essential for firms – Cornerstone CEO

27.10.2025
The Managing Director and Chief Executive Officer of Cornerstone Insurance Plc, Stephen Alangbo, discusses the state of the insurance industry following the signing of the Nigerian Insurance Industry Reform Act 2025, the rising relevance of cyber insurance amid increasing digital transformation among businesses, and other key developments with OLUWAKEMI ABIMBOLA Excerpts: Insurance penetration in Nigeria...
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NDLEA commends customs’ war on drug trafficking in Nigeria

27.10.2025
The National Drug Law Enforcement Agency has commended the collaborative efforts of the Nigeria Customs Service in the fight on drug trafficking. This was contained in a weekend statement by the Public Relations Officer of the NCS, Federal Operations Unit, Zone A, Ikeja, Hussaini Abdullahi. According to the statement, the Chairman and Chief Executive of...
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a new milestone for Nigeria

27.10.2025
A former member of the House of Representatives Aviation Committee, Chidi Nwogu, has described Air Peace’s inaugural flight from Abuja to London Heathrow Airport as a milestone for Nigeria’s aviation sector. Speaking ahead of the airline’s maiden Abuja–London flight scheduled for Sunday, October 26 (today), Nwogu, in a statement, said the development represented a new...
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Access Holdings posts N2.5tn half-year gross earnings

27.10.2025
Access Holdings Plc has posted N2.5tn as gross earnings for the half-year period ended June 30, 2025, about 13.8 per cent higher than N2.2tn in the corresponding period of last year. This was disclosed in the group’s half-year audited financials filed with the Nigerian Exchange Limited. The Company Secretary, Sunday Ekwochi, in a statement accompanying...
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Rice price crashes in Lagos markets due to supply surge

27.10.2025
Rice prices have dropped drastically in several Lagos markets due to a surge in imports through the borders, easing the burden on consumers. The development, however, has raised concern among traders over reduced profits and business sustainability. The News Agency of Nigeria reports that 50 kg of rice in Lagos currently sells for between N55,000...
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Afreximbank grows to $44bn during Oramah’s tenure

26.10.2025
The outgoing President of the African Export-Import Bank, Prof. Benedict Oramah, has said that the bank expanded its balance sheet and guarantees nearly eightfold during his decade-long leadership, growing from $6 billion in 2015 to almost $44 billion in 2025. He said this achievement reflected the institution’s resilience and its central role in advancing Africa’s...
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MDAs get N5.81tn for capital projects in 2024 budget report

26.10.2025
Ministries, Departments and Agencies of the Federal Government received a total of N5.81tn for capital projects in the 2024 fiscal year, according to the latest Budget Implementation Report released by the Budget Office of the Federation. The report obtained on Thursday showed that 81.91 per cent of the amount was utilised, reflecting improved budget performance...
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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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