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Nigeria Targets 8,500MW Electricity Output in 18 Months

18.07.2025
The Federal Government has unveiled an ambitious target to ramp up national electricity supply from the current output of about 5,500 megawatts to 8,500 megawatts within the next 12 to 18 months, as part of efforts to stabilise and expand Nigeria’s power infrastructure. The Director-General of the Bureau of Public Enterprises, Ayodeji Gbeleyi, gave the...
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IDIPR Lauded for Grassroots Empowerment and Record Income

18.07.2025
Stakeholders have commended the Ijebu Development Initiative on Poverty Reduction for its financial performance in 2024 and grassroots empowerment programmes. The commendation came during its 25th Annual General Meeting held recently in Ijebu-Ode, the Ogun State capital. IDIPR is a community-based non-governmental organisation. The initiative’s core objective is poverty reduction and improving livelihoods. Since its...
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Arunma Oteh’s Book Wins Top Business Award 2025

18.07.2025
A book written by former Director-General of the Securities and Exchange Commission, Arunma Oteh has been named the winner of the BCA Business Book of the Year Award 2025. The book titled ‘All Hands on Deck: Unleash prosperity through world-class capital markets’ espoused the critical role of capital markets and the need for integrated, well-functioning...
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Nigeria’s China Import Reliance Sparks Economic Concerns

18.07.2025
Nigeria’s reliance on China as a primary source of imports has sparked fresh concern among economists and trade analysts, who warn that the country’s current import structure exposes it to serious vulnerabilities. This call was made by the Group Managing Director of GMD, Cowry Asset Management, Johnson Chukwu, at the Cowry Quarterly Economic Discourse on...
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PTML Customs Generates N204.7bn Revenue in H1 2025

18.07.2025
The Nigeria Customs Service, Ports & Terminal Multiservices Limited Command, has announced collecting the sum of N204.7bn as revenue for the first half of 2025. This was contained in a statement on Wednesday by the Public Relations Officer of the Command, Abdullahi Abubakar. Abubakar added that the figure increased by N52bn when compared to N152.6bn...
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$263.8m Abia Infrastructure Project Unveiled by AfDB

17.07.2025
The African Development Bank has announced the launch of a $263.8m integrated infrastructure development project in Abia State, aimed at modernising urban infrastructure and rehabilitating over 248 kilometres of roads across the cities of Umuahia and Aba. According to a press statement issued by the bank on Wednesday, the project, which was officially launched on...
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Nigeria Energy Conference to Spotlight Tech & Local Content

17.07.2025
The Society of Petroleum Engineers Nigeria Council is set to host the 48th edition of its flagship Nigeria Annual International Conference and Exhibition, with a focus on technology, local capacity, and sustainable energy development. Themed ‘Building a Sustainable Energy Future: Leveraging Technology, Supply Chain, Human Resources, and Policy,’ organisers said NAICE 2025 would take place...
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Boost Retail Sector for Economic Growth, CEO Urges Govt

17.07.2025
The Chief Executive Officer of FoodCo Nigeria, Ade Sun-Basorun, has called on the Federal Government to give greater policy support to the modern retail sector, which he described as a critical engine for job creation, inflation control, and increased tax revenue. According to a statement, Sun-Basorun urged improved government support following recent data from the...
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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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