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FG borrows N2.69tn from domestic bond market in Q1 2026

24.04.2026
The Federal Government borrowed N2.69tn from the domestic bond market in the first quarter of 2026, as strong investor demand continued to drive subscriptions above offer levels despite tighter allotments, an analysis of Debt Management Office auction results has shown. Data from the DMO for January, February, and March 2026 indicated that the total was...
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Troops kill 24 after Boko Haram attacks in Yobe & Borno

24.04.2026
Troops of Operation Hadin Kai have neutralised 24 terrorists during a midnight attack after insurgents attempted to overrun a military location in Kukareta, Yobe State. The attack, which lasted about three hours in the early hours of Thursday, was repelled following a fierce exchange of fire. The development as suspected Boko Haram terrorists, killed 19...
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Discos Install 130k Meters via Meter Acquisition Fund

24.04.2026
Not less than 130,209 meters were installed by electricity distribution companies under the Meter Acquisition Fund framework, even as the Federal Government invested N49bn in the MAF between 2024 and 2025. Reports and documents from the Nigerian Electricity Regulatory Commission showed that the Federal Government made efforts to address the persistent challenge of distribution companies...
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Dangote Plans 650,000bpd Refinery Expansion in East Africa

24.04.2026
Africa’s richest man, Aliko Dangote, has unveiled plans to build another 650,000 barrels-per-day refinery in East Africa, signalling an ambitious expansion of his refining footprint beyond Nigeria as the continent seeks to cut reliance on imported fuel. Dangote disclosed this during a presidential panel at the Africa We Build Summit, organised by Africa Finance Corporation,...
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NLNG’s Nigeria Prize for Literature Enters Adjudication

24.04.2026
The 2026 edition of NLNG’s Nigeria Prize for Literature has entered the adjudication stage following the formal handover of 223 entries to the Advisory Board and panel of judges in Lagos. The entries, received by NLNG, were presented on Monday, marking the commencement of the selection process for this year’s prize, which focuses on poetry....
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Nigerian Refiners Decry Crude Diversion, Warn of Low Capacit

24.04.2026
Local refiners under the umbrella of the Crude Oil Refinery Owners Association of Nigeria have raised concerns over the diversion of crude oil allocated for domestic refining, warning that inconsistent deliveries are undermining plant utilisation, financing, and Nigeria’s energy security. The CORAN Board of Trustees Chairman, Emmanuel Ihenacho, stated this during a courtesy visit to...
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Adelabu Proposes Coordinating Energy Minister on Exit

24.04.2026
The outgoing Minister of Power, Mr Adebayo Adelabu, has proposed the creation of a Coordinating Minister for Energy’s office to drive integrated reforms across Nigeria’s power, gas and related sectors as he formally tendered his resignation. The development was disclosed in a press statement signed by the Special Adviser to Adelabu on Strategic Communications and...
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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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