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Okomu & PIND Partner for N1.2bn Edo Community Development

05.02.2026
Okomu Oil Palm Company Plc and the Foundation for Partnership Initiatives in the Niger Delta have held a training programme for community representatives in Edo State ahead of the rollout of a N1.2bn partnership focused on peacebuilding and livelihoods. According to a statement on Tuesday, the training was organised to acquaint committee members with the...
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Nigeria Moves to End Blanket Fertiliser Application for Farm

05.02.2026
The Federal Government has begun the process of validating a Harmonised Fertilizer Manual as part of efforts to boost crop productivity, improve farmers’ incomes, and strengthen national food and nutrition security. The Director, Farm Inputs Support Services, Abana Abba, stated this in a signed statement on Monday, describing the move as a critical step towards...
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Africa Energy Bank to Fund Nigeria, Others with $10bn

05.02.2026
Africa is poised for a leap in oil and gas investment, as $10bn in funding will be mobilised through the newly established African Energy Bank to support strategic energy projects across the continent. This announcement was made by the Secretary-General of the African Petroleum Producers’ Organisation, Farid Ghezali, on Tuesday in Abuja during the opening...
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Govt Securities Form 11% of Nigerian Banks’ Assets: S&P

05.02.2026
Government securities now account for about 11 per cent of Nigerian banks’ total assets, underscoring years of constrained credit extension and a sustained tilt towards lower-risk sovereign instruments, according to a new banking sector outlook by S&P Global. The ratings firm said the rising exposure has increased banks’ sensitivity to sovereign-related shocks, though this risk...
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FAAN to Shut Lagos Airport Terminal for Rehabilitation

04.02.2026
The Federal Airports Authority of Nigeria has announced plans to shut down Terminal 1 of the Murtala Muhammed International Airport, Lagos, in March as part of ongoing infrastructure rehabilitation and expansion works. The planned closure, expected to take effect in about one month, is aimed at addressing long-standing structural and operational deficiencies at the ageing...
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Banking Stocks Boost NGX Market Cap by N340bn

04.02.2026
The Nigerian Stock Exchange gained ground on Tuesday, as banking stocks and select industrial equities drove the market capitalisation higher by N340bn, closing at N106.5tn. A total of 736.1 million shares were exchanged in 45,994 deals, representing a total turnover of N24.37bn. Compared with Monday, trading volume fell by three per cent while the number...
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States fast-track urban transport reforms for World Bank fun

04.02.2026
State transport commissioners across the country have moved to fast-track urban mobility reforms, directing ministries to submit bankable infrastructure projects as Nigeria positions itself to unlock World Bank financing under the National Urban Mobility Programme. The push followed a NUMP stakeholders’ forum held in Abuja over the weekend, where federal and state actors, development partners,...
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TotalEnergies Nigeria Posts N12.50bn Pre-Tax Loss for 2025

04.02.2026
TotalEnergies Marketing Nigeria Plc reported a pre-tax loss of N12.50bn for the financial year ended 31 December 2025, reversing a pre-tax profit of N42.26bn recorded in 2024, following a sharp decline in revenue and weaker operating performance. According to the company’s audited financial statements released to the Nigerian Exchange, revenue fell 26 per cent to...
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Julius Berger revenue climbs to N760.61bn in 2025 report

04.02.2026
Julius Berger Nigeria Plc recorded a strong revenue performance in the 2025 financial year, with turnover rising to N760.61bn, reflecting sustained activity across its construction and infrastructure projects. The construction giant’s revenue for the year ended 31 December 2025 increased from N566.71bn recorded in 2024, according to its consolidated unaudited financial statements for the fourth...
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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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