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NLNG decries attacks on gas pipelines

The Managing Director of Nigeria LNG Limited, Dr Philip Mshelbila, has revealed that only two of the company’s six gas trains are currently operational, attributing the operational challenges to persistent attacks on its gas pipelines by vandals. Speaking at a panel session during the ongoing Nigeria International Energy Summit on Wednesday in Abuja, Mshelbila decried...
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NESG advocates AI adoption by town planners

The Chairman of the Nigeria Economic Summit Group, Olaniyi Yusuf, has called for the adoption of Artificial Intelligence in the operations of town planning activities in Nigeria. The NESG boss stated this recently while speaking as a guest speaker at the 11th Waheed Kadiri Lecture series organised by the Nigeria Institute of Town Planners, Ogun...
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NIA trains 171 drivers, dispatch riders on eco-driving

The Nigerian Insurers Association has trained about 171 drivers and dispatch riders of its member companies on sustainable driving practices, vehicle maintenance, and optimising fuel consumption. The training, facilitated by experts from the Lagos State Drivers Institute and the Vehicle Inspection Service, was held at the Insurers House, Victoria Island, Lagos, under the theme ‘Sustainable...
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Domestic transactions on NGX drop to N535bn

Total transactions in equity trading on the Nigerian Exchange Limited declined by 9.89 per cent to N607.05bn in January 2025 from N673.66bn recorded in December 2024. In its Domestic & Foreign Portfolio Investment Report on Monday, the decline was driven by a drop in domestic transactions, which fell by 11.71 per cent from N606.91bn in...
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Investors lose N215bn as equity market slumps

Investors at the Nigerian Exchange Limited lost N215bn at the close of trading on Tuesday as the equities market extended its losing streak. The market capitalisation declined to N67.2tn, while the benchmark All-Share Index shed 345.19 points, representing a 0.32 per cent drop to close at 107,781.78. The downturn was driven by sell-offs in key...
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Alert MFB unveils new smart account

Alert Microfinance Bank has launched its new Smart Savings Account to empower women and enhance financial inclusion across Nigeria. In a statement made available to our correspondent by the bank on Monday, the Smart Savings Account is tailored to meet the needs of students, entrepreneurs, and retirees. According to the statement, the account offers competitive...
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NGX partners UN on women empowerment

Nigerian Exchange Group and Central Securities Clearing System are in a collaboration to promote women’s empowerment and are set to host an event on March 7 at NGX Group House, Lagos, to mark International Women’s Day 2025. The event, themed ‘Accelerate Action for All Women: Rights. Equality. Empowerment,’ is part of the global Ring the...
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GDP expands by 3.84%, OPS projects stronger economy

Nigeria’s Gross Domestic Product grew by 3.84 per cent in real terms in the fourth quarter of 2024, reflecting an improvement from the 3.46 per cent recorded in the same period of 2023. This also marked a slight increase from the previous quarter, which recorded an identical 3.46 per cent growth rate. Economists and members...
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I apologise for saying no heaven without tithe – Adeboye

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

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

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...