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CPPE Urges Realistic MTEF Budget for Nigerian Government

08.12.2025
The Centre for the Promotion of Private Enterprise has advised the Federal Government to adopt a realistic budget by using a more conservative crude oil production benchmark of 1.6 million barrels per day for the 2026–2028 Medium-Term Expenditure Framework, which will strengthen fiscal resilience and ensure timely budget presentation. Director/Chief Executive Officer Dr Muda Yusuf...
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Insurance Firm Profits to Hit N5.53bn in Q1 2026

08.12.2025
Two insurance firms, AXA Mansard and International Energy Insurance Plc, have projected about N5.53bn in profit before tax in the first quarter of 2026. This projection was disclosed in their financial forecast for the first quarter of 2026, which was filed with the Nigerian Exchange Group. The PUNCH reports that the forecast reports, addressed to...
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Abia power substation construction begins to boost supply

08.12.2025
In a move expected to strengthen electricity supply in the Abia State capital, the state government and the Niger Delta Power Holding Company have flagged off the construction of a 7.5 MVA, 33/11 kV injection substation in Umuahia. A statement by the NDPHC on Sunday disclosed that the substation construction started last Thursday. According to...
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Nigerian Data Analyst Wins Africa’s Edtech Hackathon

08.12.2025
A Nigerian data analyst, Somtochukwu Uzodufa, has emerged the winner of Africa’s Edtech hackathon — 10Alytics — taking home a $1,000 cash prize. According to a Sunday statement, Uzodufa’s exceptional time management, clarity, and compelling presentation style set her apart from top contenders across Ghana, Kenya, and Nigeria. “She secured 81.71 per cent from the...
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Chevron Nigeria production surges amid improved security

08.12.2025
The Chairman and Managing Director of Chevron Nigeria/Mid-Africa business unit, Mr Jim Swartz, has disclosed that Chevron recorded zero incidents of sabotage in the past year. Swartz made the disclosure during his recent visit to the corporate headquarters of the Nigerian Upstream Petroleum Regulatory Commission in Abuja. “Chevron has not recorded any oil theft or...
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Nigeria solar manufacturing surges as panel imports drop

08.12.2025
Nigeria has entered a new phase of clean-energy industrialisation, as the country imported fewer finished solar panels in October 2025, while local manufacturing capacity accelerated under recent policy reforms, the Rural Electrification Agency has said. In a statement on Sunday, the Managing Director of REA, Abba Aliyu, described the development as a “historic industrial shift,”...
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PENGASSAN Dangote dispute widens over salary suspension

08.12.2025
The Dangote Petroleum Refinery has stopped the monthly salaries of the engineers sacked in September during its face-off with the Petroleum and Natural Gas Senior Staff Association of Nigeria. In a bid to address this, PENGASSAN said it is engaging the Dangote Group to resolve the matter amicably instead of resorting to another industrial action....
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NSE Urges Govt to Harness Nigeria’s Coastline Potential

08.12.2025
The Nigerian Society of Engineers has called on the Federal Government to explore the economic opportunities provided by the nation’s 850km coastline to grow the non-oil sector. This was part of the observations issued in a communique at the 58th International Engineering Conference, Exhibition, and Annual General Meeting, held at the International Conference Centre, University...
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Advocates seek easier visa processes for intra-Africa travel

08.12.2025
Stakeholders at the inaugural Heirs Insurance Travel Festival have called for easier visa processes to strengthen travel within the African continent. The travel festival, which was held in Lagos, was a gathering of travel enthusiasts, diplomats, creatives, business owners, and young Nigerians who celebrated cultural diversity and made a bold call for equity in travel...
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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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