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FG set to receive first batch of 3.2 million meters

Federal Government says it is set to receive the first batch of 3,205,101 meters procured to bridge the metering gap in the country. A statement by the Special Adviser, Strategic Communications and Media Relations to the Minister of Power (Adebayo Adelabu), Bolaji Tunji, said 75,000 meters under the International Competitive Bid 1 are expected this...
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SMEs urged to embrace innovation to compete smartly

The Chief Executive Officer and Lead Innovator at Lalaa Consulting, Demola Aderibigbe, have warned that small and medium-sized enterprises in Nigeria must harness creativity and innovation if they are to thrive and compete with dominant industry players. Aderibigbe made the call during the maiden edition of the Academy of Creativity, Innovation & Disruption, which was...
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RMB promotes investment opportunities in Nigeria via roadshows

Corporate and investment bank in Africa, Rand Merchant Bank, conducted a series of high-level meetings in Abuja as part of its West Africa investor roadshow. According to a statement from the investment bank, these meetings involved institutional investors, asset managers, and senior government officials, focusing on Nigeria’s macroeconomic landscape and investment prospects. Investment roadshows are...
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Crude prices slump to $65 first time since 2021

Oil prices plunged this week to $65 per barrel as the United States import tariffs and an unexpected OPEC+ supply hike erased $10 per barrel from global benchmarks. The price appreciated last week when US President Donald Trump imposed tariffs on any country that buys crude from Venezuela. However, oil prices turned around the corner...
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CBN injects $197.71m to stabilise FX market

The Central Bank of Nigeria has injected $197.71m into the foreign exchange market on Friday, April 4, 2025, as part of its commitment to ensuring adequate liquidity and maintaining orderly market functioning. This was disclosed in a statement on Saturday by the Director of the Financial Markets Department, Dr Omolara Omotunde-Duke, reiterating the bank’s stance...
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SMEs must embrace innovation to compete smartly, expert warns

The Chief Executive Officer and Lead Innovator at Lalaa Consulting, Demola Aderibigbe, has warned that small and medium-sized enterprises in Nigeria must harness creativity and innovation if they are to thrive and compete with dominant industry players. Aderibigbe made the call during the maiden edition of the Academy of Creativity, Innovation & Disruption (ACID), which...
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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...