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Nigeria Approves N6.4tn PPP Projects for Ports & Power

The Federal Executive Council has approved three major Public-Private Partnership projects valued at over N6.43tn, signaling another significant wave of private-sector investment into Nigeria’s infrastructure landscape. The projects — two deep seaports and a 460-megawatt hydropower plant — form the second batch of PPP initiatives cleared by the Council within one month, underscoring President Bola...
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Bird Strike Grounds United Nigeria Flights, Strands Passenge

Passengers across several United Nigeria Airlines routes outbound Abuja were on Thursday left stranded and visibly angry following multiple flight cancellations triggered by a bird strike on one of the airline’s aircraft. In a video sighted by our correspondents, a crowd of passengers was seen protesting at the domestic wing of the Nnamdi Azikiwe International...
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Insurance stocks soar as investors favour cheaper equities

The Nigerian Exchange witnessed a quiet but notable shift in investor activity on Thursday, as insurance stocks outperformed banking equities, reflecting growing interest from retail investors in low-priced securities. Trading data showed that the banking sector remained subdued, with United Bank for Africa Plc and Zenith Bank Plc losing 0.62 per cent and 0.08 per...
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SSDC advocates protection of Nigeria’s infrastructure

The Security Skills Development Company has released a new policy report calling for a coordinated national approach to protecting Nigeria’s Critical National Infrastructure. In a statement on Thursday, SSDC made the call at its inaugural Thought Leadership Roundtable held in Lagos. The report, titled ‘A New Strategy for Protecting Nigeria’s Critical National Infrastructure’, draws on...
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CEO Champions Transgenerational Business Growth Strategies

The Managing Director and CEO of Spectrum Holdings, Dr (Mrs) Catherine Adesomoju, emphasised that entrepreneurs are creators who must intentionally start with value and foster others for succession. Speaking during the recently concluded 2025 edition of Time-Out With Kate, an entrepreneur and business-growth support conference held in Lagos, she stressed the need for business owners...
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Nigeria trade surplus hits N6.69tn amid FX reforms

Nigeria recorded a trade surplus of N6.69tn in the third quarter of 2025, at a 27.29 per cent growth rate, continuing a trend of trade surpluses. Stakeholders attribute the consistent positive performance to the economic reforms in the foreign exchange market. Latest data from the National Bureau of Statistics on foreign trade in goods showed...
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UN & WIFT Push Skills to Grow Fashion Exports in Nigeria

The United Nations and Women in Fashion Tech have called for increased investment to bridge the fashion sector’s knowledge gap and support local fashion businesses to enter foreign markets, following the graduation of 30 women from the Scaling Nigerian Fashion Products for Export Across Global Markets programme. The event, held on Monday at the Garment...
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AI is Critical to Unlocking AfCFTA’s $3.4tn Market

Artificial intelligence will determine the success of the African Continental Free Trade Area and reshape the future of cross-border commerce across the continent, a Senior Lecturer in International Economics and Development, the University of Kigali, Rwanda,  Dr Luqman Afolabi, has said. Delivering a lead paper at the International Conference on Artificial Intelligence and Education in...
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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...