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FG to Boost Power Supply in Northern Nigeria Soon

29.05.2025
The Federal Government has declared its intention to boost electricity supply in the northern part of the country. The power minister, Adebayo Adelabu, disclosed this while speaking at a two-day retreat recently organised by the Senate Committee on Power. Adelabu revealed plans to boost power supply in the northern part of the country with the...
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Savannah Energy increases output after SIPEC acquisition

29.05.2025
Savannah Energy has increased its hydrocarbon production following the acquisition of the Sinopec International Petroleum Exploration and Production Company Nigeria Limited. The company stated this while announcing its trading update for the first quarter of the year. According to the statement, the Q1 2025 unaudited results showed a strong financial performance, with the company’s total...
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Kwale Gas honoured in China

29.05.2025
The Kwale Gas Gathering Hub, located in Kwale, Delta State, won the Regional Gas Award for Africa from the International Gas Union at the recent World Gas Conference held in Beijing, China. KGG Hub was honoured for offering a commercial solution in eliminating flare gas at oil production hubs in the OML 56 cluster area...
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Local meter firms decry Chinese preference

29.05.2025
The Association of Meter Manufacturers of Nigeria has kicked against the award of meter contracts to Chinese firms despite in-country production capacity. The association said it supports President Bola Tinubu’s ‘Nigeria First Policy’, which bans the importation of goods that can be produced locally. According to AMMON, a group of 40 certified local meter manufacturers...
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Trade Finance Issues Slowing Logistics Growth — Expert

29.05.2025
Co-founder of Cargoplug, Kikelomo Fola-Ogunniya, tells FELIX OLOYEDE how cutting-edge shipping APIs and user-friendly dashboards are enabling seamless and trackable deliveries in the logistics industry What is the story behind the establishment of Cargoplug? Cargoplug began its journey in 2013, originally known as Jand2Gidi—a nod to Nigerian slang meaning “UK to Nigeria.” The company was...
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FG’s Sukuk Hits Record 735% Oversubscription

29.05.2025
The Series VII of the Sovereign Sukuk of the Federal Government has recorded an unprecedented subscription level of over N2.21 tn, representing an oversubscription of 735 per cent. This was revealed by the Debt Management Office on Wednesday, indicating that it offered N300bn on behalf of the Federal Government of Nigeria and recorded the feat....
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Nigerian Vessels Rise to 212, Report Shows Growth

29.05.2025
The number of Nigerian flagged vessels registered increased from 182 in 2023 to 212 in 2024, which is a 16.48 per cent increase, the PUNCH has learnt. This was contained in a document from the Office of the Special Adviser to the President on Policy and Coordination exclusively obtained by our correspondent, which reviewed the...
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Aviation Sector Struggles with High Costs, FX Woes

29.05.2025
PRINCESS ETUK spotlights Nigeria’s aviation crisis, pointing out the need for government to stabilise forex, support local airlines, and reduce the industry’s heavy dollar dependence The Nigerian aviation industry is currently grappling with significant financial challenges, primarily due to the depreciation of the naira and escalating operational costs. These issues have led to increased airfares,...
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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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