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Tinubu tackles electricity crisis amid mounting hurdles

06.06.2025
President Bola Tinubu’s administration is grappling with mounting challenges in its quest to revamp Nigeria’s crippling power sector as vandalism, poor distribution infrastructure, and other issues threaten to derail progress despite efforts to boost supply and increase generation, DARE OLAWIN reports When President Bola Tinubu was campaigning for his election, he promised to provide Nigerians...
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Xpress Payments appoints Wale Olayisade as acting MD

06.06.2025
The Board of Xpress Payment Solutions Limited has appointed Mr. Wale Olayisade as the acting Managing Director of the company, with effect from June 1, 2025. The fintech company said this in a statement on Wednesday, noting that the appointment is subject to regulatory approval by the Central Bank of Nigeria. The board also confirmed...
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Axxela expands domestic gas supply network in Lagos

06.06.2025
Axxela Limited says it has connected new customers to its “expansive” natural gas pipeline network. In a statement, the company said the move further underscored its commitment to driving domestic gas utilisation in Nigeria and the region. “Currently serving over 200 commercial and industrial customers in the West African subregion, Axxela continues to power industries...
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Presidency spends N23bn forex on foreign trips

06.06.2025
The Presidency spent over N23bn in 2024 to purchase foreign currencies for the international trips of top executive government officials, including President Bola Tinubu, Vice President Kashim Shettima, and the First Lady, Oluremi Tinubu. This figure, compiled from data provided by GovSpend, a government spending tracker managed by BudgIT, reflects a significant increase from the...
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Nsia Insurance marks Africa Day with cultural showcase

06.06.2025
Insurance provider in Nigeria, NSIA Insurance, celebrated the 2025 Africa Day with a vibrant cultural showcase across its Head Office and regional branches. In a statement made available to The PUNCH on Wednesday, it was revealed that the event was a colourful display of unity, creativity, and pride in African heritage. Africa Day is marked...
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Ecobank, Qatar Airways reward exhibitors at major fair

05.06.2025
Ecobank Nigeria has partnered with Qatar Airways to reward the outstanding exhibitors at the recently concluded ‘Oja Oge by Ecobank’ fair. According to a statement from the bank on Sunday, the top-performing vendors won flight tickets and cash at the event where the awards were presented to them. ‘Oja Oge’ Fair was a three-day fashion,...
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PE Energy audit to boost Nigeria’s oil revenue – NUPRC

05.06.2025
The Nigerian Upstream Petroleum Regulatory Commission says PE Energy Limited’s report will boost revenue generation. The body made this observation upon receiving the Engineering Audit Report on Upstream Measurement Equipment and Facilities in the Nigerian oil and gas sector. The report was presented by the Chairman, PANA Holdings/Group Chief Executive Officer, PE Energy Limited, Daere...
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Mastercard celebrates UEFA final with exclusive events

05.06.2025
Payment platform Mastercard brought the thrill of Europe’s club football tournament to Nigeria with an exclusive live screening of the UEFA Champions League Final between Inter Milan and PSG at The Palms Mall, Lekki. In a statement on Wednesday, Mastercard said the screening was part of its 2025 Africa Football Passion campaign and offered a...
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CITN expands presence nationwide to boost accounting

05.06.2025
The Chartered Institute of Taxation of Nigeria has revealed that it has expanded its footprint across the country as the number of its Joint Districts hit 49. This was disclosed by the CITN President, Samuel Agbeluyi, at the 33rd Annual General Meeting of the institute held at the Tax Professionals’ House, Alausa-Ikeja, Lagos, on Wednesday....
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FG powers Lagos community with solar energy project

05.06.2025
The Federal Government has launched a solar power initiative to bring clean and steady electricity to homes and small businesses in the Ibeju-Lekki area of Lagos State. The project, known as ‘Light-Up Ibeju-Lekki’, was unveiled by the Presidential Community Engagement Office, South-West in collaboration with the National Agency for Science and Engineering Infrastructure and 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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