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Lagos’ monthly rental scheme suffers three-year delay

In December 2021, the Lagos State government proposed a monthly rental scheme, which has suffered an inexplicable three-year delay despite a N5bn outlay, JOSEPHINE OGUNDEJI writes Three years and three months after announcing take-off plans, the Lagos State Government is yet to commence its proposed monthly rental scheme that was touted to reduce the burden...
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TCN unbundling not mere administrative step – Minister

The Minister of Power, Chief Adebayo Adelabu, has confirmed the unbundling of the Transmission Company of Nigeria into two distinct operational entities, which are the Nigeria Independent System and the Transmission Service Provider. He stated that the unbundling, which is in accordance with the Electricity Act 2023, is not simply an administrative measure but a...
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Tech innovator empowers youths with blockchain, Web3 skills

A leading Nigerian technology innovator, Hanu Fejiro, has launched a free training programme focused on cryptocurrency, blockchain and decentralised finance, with the aim of opening up financial independence opportunities for young Nigerians. Hosted on Telegram, the initiative is completely free and offers participants an opportunity to learn, engage, and earn while gaining hands-on experience in...
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Section 2 compensation begins April 26

The Minister of Works, David Umahi, says payment of compensation for Section 2 of the Lagos-Calabar Coastal Highway will start on April 26, 2025. He disclosed this at the stakeholders meeting held on Sunday at Eko Hotel, in Victoria Island, Lagos State. He said, “On section 2 of the Lagos-Calabar Coastal Highway, verification should start...
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NNPC workers threaten shutdown over management team

Workers of the Nigerian National Petroleum Company Limited have warned the new Group Chief Executive Officer of the NNPC, Bayo Ojulari, against appointing external persons into top management positions. The staff who are members of the NNPC Group Executive Council of the National Union of Petroleum and Natural Gas Workers and the Petroleum and Natural...
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Petrol can drop below N400/litre — Refiners

Crude Oil Refinery Owners Association of Nigeria has said that the price of Premium Motor Spirit (petrol) can drop below N400 per litre with the current crash in crude oil prices. CORAN argued that there is no reason petrol should not be sold at NN350 per litre if crude prices eventually fall to $50 per...
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Trade among yourselves, Ecobank advises Nigeria

Trade among yourselves to counter trump tariff, Ecobank tells  Nigeria, others The Chief Executive Officer of Ecobank Transnational Inc., Jeremy Awori, has urged African nations to deepen trade among themselves as a buffer against the potential economic impact of new tariffs imposed by United States President Donald Trump. Speaking in an interview with Bloomberg TV,...
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MTN tackles Netflix, Showmax, others in streaming battle

In a bold move to reshape Africa’s digital entertainment space, telecoms giant MTN Group has teamed up with UK-based video software powerhouse Synamedia to launch a next-gen streaming platform for mobile and broadband users across the continent. The partnership, aimed at delivering high-quality, relevant, and accessible content, marks MTN’s entry into direct competition with major...
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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...