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Rural Infrastructure Boost: FG, World Bank Partner

20.06.2025
The Federal Government, in partnership with the World Bank and other development agencies, has reaffirmed its commitment to improving rural infrastructure and access through the scale-up of the Rural Access and Agricultural Marketing Project. At the Early Market Engagement Event held in Abuja on Thursday, stakeholders from across the public and private sectors gathered to...
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N30bn Sovereign Bond Unveiled: DLM Capital’s Innovation

20.06.2025
In a major financial innovation aimed at unlocking access to credit in underserved sectors of Nigeria’s economy, DLM Capital Group has unveiled a landmark instrument, the Sovereign Bond-Backed Composite Note, marking the first of its kind globally. The investment vehicle, which is structured as a public, tradable 10-year bond, seeks to raise N30bn with a...
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NERC Sets Deadline for Genco Grid Integration

20.06.2025
The Nigerian Electricity Regulatory Commission has issued a mandatory directive requiring all grid-connected power generation companies to fully integrate their operations with the national Supervisory Control and Data Acquisition/Energy Management System by December 31, 2025, or face stiff financial penalties and possible disconnection from the national grid. This directive is contained in a new regulatory...
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22 Oil Worker Deaths in Nigeria in 2024 – FG Report

20.06.2025
No fewer than 22 oil and gas workers died in the line of duty between January and December 2024, the Nigerian Upstream Petroleum Regulatory Commission, an agency of the Federal Government, has said. The NUPRC reported a total of 22 fatalities and 31 operational incidents in the country’s upstream oil and gas sector last year,...
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Nigeria’s CRR: Bank Liquidity Crunch Looms

20.06.2025
Ahead of next month’s Monetary Policy Committee meeting, a new research note by Renaissance Capital has revealed that Nigeria’s banking sector is facing a severe liquidity crunch following the Central Bank of Nigeria’s decision to impose a 50 per cent Cash Reserve Ratio, a move analysts say is at odds with the country’s ambition of...
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NDDC Denies Calabar Project Irregularities

20.06.2025
The Chairman of the Niger Delta Development Commission Governing Board, Chiedu Ebie, has expressed concern over the false narratives regarding the recently commissioned road projects in Calabar South and Calabar Municipality Local Government Areas of Cross River State. Speaking during the NDDC@25 celebration and commissioning of projects held in Bayelsa State, Ebie cautioned against politicising...
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Nigeria Unveils New Export Guidelines

19.06.2025
The Nigerian Upstream Petroleum Regulatory Commission has announced that exporters must now obtain an export permit, vessel clearance, and a Unique Identification Number before any crude shipment can leave the country. In the first quarter of 2025, oil producers exported crude oil and other petroleum products worth N12.96tn, even as domestic refineries continue to suffer...
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Fidelity Bank Rewards N30m in Savings Promo

19.06.2025
Fidelity Bank Plc has rewarded 29 customers with a total of N30m in the latest rounds of its Get Alert in Millions Season 6 savings promo, reaffirming its commitment to promoting financial literacy, encouraging savings, and rewarding customer loyalty. The announcement was made during the 4th, 5th, and 6th monthly draws of the GAIM 6...
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EY Attracts Private Capital for Africa’s Growth

19.06.2025
EY Nigeria is set to explore how private capital can be deployed to accelerate Africa’s development goals. This is in addition to spotlighting the role of multilateral development banks in the growth of the continent. These key issues are the agenda for a high-level roundtable scheduled for next Tuesday with the theme ‘Enabling Private Capital...
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UK, Alitheia Back Green Growth in Nigeria

19.06.2025
The British Deputy High Commissioner, Jonny Baxter, has reaffirmed the United Kingdom’s commitment to supporting inclusive green growth and sustainable development across key economic sectors in Nigeria. According to a statement from the British High Commission Communications Office on Wednesday, this was disclosed by Baxter at the second edition of W.O.M.A.N by Alitheia, a high-level...
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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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