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Jumia Nigeria Targets Spending Rebound with Growth Campaign

27.02.2026
Jumia is eyeing a spending rebound in Nigeria as it unveils a growth drive campaign to capture renewed consumer spending and embed e-commerce in the country as macroeconomic conditions stabilise. The company said its new campaign, themed ‘Just Jumia It’, underscores its shift from navigating economic headwinds to scaling operations and accelerating digital retail adoption...
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FCCPC Probes Nigerian Airlines for Fare Fixing Allegations

27.02.2026
The Federal Competition and Consumer Protection Commission has uncovered patterns of price manipulation by some domestic airlines during the December 2025 festive season, raising fresh concerns about consumer exploitation and competition in Nigeria’s aviation sector, according to an interim review released by the agency on Thursday. It said the development raised fresh concerns over consumer...
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Nigeria Targets $1tn Economy with 12% Annual Growth

27.02.2026
The Minister of State for Finance, Dr Doris Uzoka-Anite, on Wednesday said Nigeria must sustain annual economic growth of between 10 and 12 per cent over the next decade to achieve the $1tn economy target set by President Bola Tinubu. Uzoka-Anite, who was represented at the event by the Assistant Director of Information and Public...
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IBEDC targets 200MW electricity boost, revives hydro plants

27.02.2026
The Chairman of the Board of Directors of the Ibadan Electricity Distribution Company, Chief Tunde Afolabi, has disclosed that the company will explore embedded generation opportunities through the rehabilitation of redundant hydro plants in Oyo and Osun states. “We have identified redundant hydro plants around Osun and Oyo. We will put funds into them and...
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REA Confirms Progress on $750m DARES Solar Projects

26.02.2026
The Managing Director and Chief Executive Officer of the Rural Electrification Agency, Abba Aliyu, has said steady progress is being recorded under the Distributed Access through Renewable Energy Scale-up Project, with key construction milestones already achieved across several project sites. The DARES project is a $750m World Bank initiative in Nigeria designed to provide new...
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Nigeria Commits to Maritime Decarbonisation for Green Future

26.02.2026
The Minister of Marine and Blue Economy, Dr Adegboyega Oyetola, has reaffirmed Nigeria’s commitment to achieving net-zero shipping emissions in line with the International Maritime Organization 2023 GHG Strategy. He added that the country has taken a decisive step toward maritime decarbonisation. Speaking at the IMO/GreenVoyage2050 National Stakeholder Workshop in Lagos on Tuesday, Oyetola said...
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Lafarge Africa rewards top partners at 2025 awards

26.02.2026
Lafarge Africa Plc has celebrated its outstanding trade partners at the 2025 Customer & Transporter Awards, rewarding top performers with brand-new vehicles and other high-value prizes. The ceremony, held in Lagos recently, brought together customers, transporters, and key stakeholders, including the Lagos State Commissioner for Housing, Moruf Akinderu-Fatai; the Cross River State Commissioner for Women...
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TotalEnergies to Launch 5MW Solar Plant at OML 58

26.02.2026
The Managing Director of TotalEnergies EP Nigeria Limited, Mathieu Bouyer, has announced plans to inaugurate a five-megawatt solar power plant at OML 58 to supply electricity to the Ubeta Gas Project, in a move that underscores the company’s push to cut emissions while expanding Nigeria’s energy output. Bouyer disclosed this during a panel session titled...
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NGX Bearish Trading Continues as Market Cap Drops N73bn

26.02.2026
Trading on the Nigerian Exchange Limited closed on a mildly negative note on Wednesday, as profit-taking in bellwether banking and insurance stocks offset pockets of bargain hunting across consumer and select Oil & Gas counters. The All-Share Index declined 0.06 per cent to 194,370.20 points from 194,484.61 points, reflecting a modest contraction in equities valuation....
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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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