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Nigeria’s Energy Uncertainty Deters Investors

An energy expert, Chukwuma Atuanya, has said that despite Nigeria’s vast reserves and long history as a major oil producer, regulatory uncertainty, unstable fiscal regimes, and political instability are dampening investor confidence in the country’s energy sector.  Atuanya, a petroleum geologist and project manager with nearly two decades of experience, said these challenges must be...
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NOGICD Act Fuels Growth in Nigerian Cable Industry

The Nigerian Oil and Gas Industry Content Development Act has been instrumental in the growth and advancement of Nigeria’s cable manufacturing sector. According to the Chief Executive Officer of MicCom Cables and Wires Ltd and President of the Cable Manufacturers Association of Nigeria, Bukola Adubi, the legislation has created opportunities for indigenous cable manufacturers to...
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New ICSAN President Ukpanah Prioritizes Gen Z, Expansion

The newly inaugurated President/Chairman in council of the Institute of Chartered Secretaries and Administrators of Nigeria, Uto Ukpanah, has highlighted reaching younger Nigerians, northern expansion, and a name change as some of the agenda that would mark her tenure. Ukpanah announced her agenda in her acceptance speech on Wednesday after being sworn in as the...
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NMDPRA Faces Scrutiny Over Transparency Concerns in Oil Sect

The Nigerian Midstream and Downstream Petroleum Regulatory Authority has come under scrutiny over alleged opacity in its operations, but the regulator says its activities are transparent, reports DARE OLAWIN To many Nigerians, regulatory agencies like the Nigerian Midstream and Downstream Petroleum Regulatory Authority should make transparency one of their core values, updating the country about...
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Local Parts Target & Govt Patronage

A bill mandating government outfits to procure Nigerian-made vehicles appears to excite local carmakers, but they are wary of blind spots that could undermine the policy drive, ARINZE NWAFOR writes Nigerian auto manufacturers are confident that in less than a decade, they can manufacture up to 50 per cent of auto components locally. A piece...
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e-Barcs MFB Sees 49% Revenue Boost with Automated Lending

E-Barcs Microfinance Bank Limited says it has witnessed tremendous growth through its strategic adoption of Recova, a fully automated 360 lending automation solution powered by Qore. A statement from the firm on Thursday stated that the bank partnered with Qore to streamline and scale its lending operations, aiming to improve loan disbursement, reduce risks, and...
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Guinea Insurance Posts N114.7m H1 2025 Loss

Guinea Insurance Plc recorded a loss after tax of N114.7m for the first half of 2025, marking a reversal from the N116.1m profit posted in the same period of 2024. The unaudited financial statements of the insurance firm, filed with the Nigerian Exchange Limited recently, showed that despite a growth in top-line revenue, the firm’s...
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PalmPay Ranked Top 300 Fintech by CNBC & Statista

Digital bank PalmPay has once again secured global recognition, earning a place on CNBC and Statista’s 2025 Top 300 Fintech Companies in the World list. This marks the second consecutive year the fintech platform has been listed among the world’s most innovative and impactful financial technology firms, placing it alongside global giants such as Revolut,...
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Nigeria Aims to Export Made-in-Nigeria Vehicles

The Minister of State for Industry, John Enoh, has inaugurated the newly constituted Governing Board of the National Automotive Design and Development Council. He urged the 12-member board, chaired by Chief Emma Eneukwu to approach their duties with dedication, diligence, and a forward-thinking approach Speaking at the Inauguration of the Governing Board Council held on...
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I apologise for saying no heaven without tithe – Adeboye

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

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

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...