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Nigeria to add 288MW with 40 new interconnected mini-grids

23.04.2026
The Managing Director and Chief Executive Officer of the Rural Electrification Agency has said that about 40 interconnected mini-grids are being developed to inject 288 megawatts of additional capacity into the national grid, following recent regulatory reforms in the renewable energy space. Speaking with journalists on the sidelines of the 2026 Energy Times Awards, where...
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Nigeria Handles Just 25% of West Africa’s Cargo Traffic

23.04.2026
The Managing Director of the Nigerian Ports Authority, Dr Abubakar Dantsoho, has stated that despite Nigeria’s vast advantages in the region, including strategic location, market size, and economic strength, among others, the country currently handles only about 25 per cent of cargo traffic in the region, even though it accounts for over 60 per cent...
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Dangote Inducted by Nigerian Academy of Engineering

23.04.2026
Africa’s foremost industrialist, Aliko Dangote, will on April 25, 2026, be inducted as an Honorary Fellow of the Nigerian Academy of Engineering, in recognition of his contributions to engineering-driven industrial development. A statement from the NAE on Wednesday stated that the induction, scheduled as a high-profile event, is being organised by the President and Council...
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Nigeria Woos UK Investors, Hosts Key Trade Mission

23.04.2026
The Nigerian Investment Promotion Commission has said Nigeria is positioning itself as a reform-driven and competitive destination for global capital, as it hosted a United Kingdom trade and investment delegation in Abuja. The position was contained in a statement issued on Wednesday following the UK–Nigeria Trade and Investment Mission held from April 20 to 21,...
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Standard Chartered Named Top M&A Financial Adviser in Africa

23.04.2026
Standard Chartered has been ranked as the number one Mergers and Acquisitions financial adviser by deal value in West Africa, underscoring its strong execution capabilities and growing influence in the region’s dealmaking landscape. The ranking was announced at the DealMakers Africa Annual Gala Awards held in Lagos, where the bank emerged ahead of other leading...
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Mangal Industries secures triple ISO certifications

23.04.2026
Mangal Industries Limited, a player in the cement production industry, has announced the successful attainment of three internationally recognised ISO certifications, further strengthening its commitment to operational excellence, environmental responsibility, and workplace safety. The company said in a statement that it has been certified for ISO 9001:2015 (Quality Management System), ISO 14001:2015 (Environmental Management System),...
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UACN lists N54.03bn bond on the Nigerian Exchange (NGX)

23.04.2026
UAC of Nigeria Plc has listed its N54.03bn Series 1 bond on Nigerian Exchange Limited, underscoring the Exchange’s growing profile as a multi-asset platform and providing the company with access to long-term capital. The seven-year senior unsecured instrument, admitted to trading on 17 April 2026, carries a fixed coupon of 17.35 per cent and was...
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World Bank Warns Nigeria on Use of Concessional Loans

23.04.2026
The National Coordinator of the World Bank-backed HOPE Governance Programme, Assad Hassan, has challenged federal and state governments to fully leverage concessional loans to build robust institutions and sustain governance reforms beyond the scope of external funding cycles. Hassan gave the charge on Tuesday in Enugu during the South-East Implementation Support Mission of the programme...
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Ibom Air appoints new flight operations director

23.04.2026
Ibom Air has announced the appointment of Capt. Banjana Bailor as its new Director of Flight Operations. A statement by the group manager, Marketing and Communication, Aniekan Essienette in Uyo on Tuesday, said Bailor brings over 40 years of aviation experience and more than 20,000 flying hours to his new role. According to the statement,...
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BIC expands Nigerian operations and local partnerships

22.04.2026
BIC, the global manufacturer of stationery, is stepping up its investment in Nigeria as it expands its distribution network and strengthens local supply chain partnerships in a bid to deepen market penetration and support long-term growth in Africa’s most populous nation. The company said it is reinforcing its commitment to Nigeria through increased operational focus...
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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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