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Retired low-income earners to get living wage – PenCom

28.02.2025
The National Pension Commission has announced plans to ensure a living wage for retired low-income earners, following the Federal Government’s approval of an N758bn pension bond to clear all outstanding liabilities under the Contributory Pension Scheme. The Director-General of PenCom, Omolola Oloworaran, disclosed this at a press conference in Abuja on Thursday after the Quarterly...
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Oando wins energy deal of the year award

28.02.2025
Oando Plc has been awarded the “Energy Deal of the Year 2024” at the Nigeria International Energy Summit 2025 in recognition of its transformative $783 million acquisition of the Nigerian Agip Oil Company from the Italian energy firm Eni. This landmark acquisition, a culmination of a decade-long strategic journey since Oando’s initial entry into the...
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Nigeria’s oil production potential now 2.24mbpd – NUPRC

28.02.2025
The Nigerian Upstream Petroleum Regulatory Commission has confirmed that Nigeria’s technical potential for crude oil production stands at 2.24 million barrels per day, as against the current production quota of 1.75mbpd. It also said the country’s crude oil production increased by 70 per cent from 2021 to date. This was disclosed by the Chief Executive...
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FG wants NNPCL, Dangote refinery listed on NGX

28.02.2025
The Federal Government has reiterated its commitment to deepening Nigeria’s capital market by encouraging major state-owned and private enterprises, including the Nigerian National Petroleum Company Limited and Dangote Petroleum Refinery, to list their stocks on the Nigerian Exchange. This move, aimed at boosting investor participation and fostering economic growth, was disclosed by Vice President Kashim...
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Plug revenue leakages, accountant-general urges states

28.02.2025
The Accountant-General of the Federation, Dr Oluwatoyin Madein, has called on states to halt financial leakages and embrace prudent financial management practices to enhance revenue generation. She made this appeal during a working visit to the Federal Pay Office in Kano, where she engaged with Federal Pay Officers as part of her nationwide tour. In...
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A’Ibom gov sets panel to resolve oil firm, host community crisis

27.02.2025
Akwa Ibom State Governor, Umo Eno, has inaugurated a tripartite committee comprising the State Government, Sterling Petrochemical and Fertilizer Limited, and Eastern Obolo communities to resolve lingering disputes between the company and its host communities. The committee has been mandated to submit its report within three months. The conflict between the communities and the company...
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US stock futures rally amid tax cut expectations

27.02.2025
United States stock futures rebounded on Wednesday as House Republicans advanced Donald Trump’s tax cut plans, boosting investor confidence, according to Reuters. The move follows the US House of Representatives’ narrow passage of a $4.5tn tax-cut plan late Tuesday, sending the budget resolution to the Senate, where Republicans are expected to take it up. According...
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Reduce cost of clearing goods, operators urge govt

27.02.2025
Maritime stakeholders have urged the Federal Government to benchmark the cost of clearing goods in Nigeria with what is obtained in other neighbouring ports in order to boost patronage and create more revenue. In an exclusive chat with The PUNCH on Sunday, the Apapa Vice Chairman of the Manufacturers Association of Nigeria, Mr. Cyprian Orakpo,...
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JA Nigeria, Microsoft to train 5,000 in Gen AI

27.02.2025
Junior Achievement Nigeria has partnered with Microsoft Philanthropies to launch the Career Essentials in Generative AI programme, a digital literacy initiative designed to equip young Nigerians with essential knowledge and practical skills. The firm made this disclosure in a statement to The PUNCH on Wednesday. Beginning in February 2024, the programme will provide structured, interactive...
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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
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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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