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BOI & EIB ink €50m deal for Nigeria’s healthcare manufacturi

The Bank of Industry and EIB Global, the development arm of the European Investment Bank, have signed a landmark €50m financial agreement aimed at strengthening Nigeria’s healthcare sector by boosting local manufacturing of vaccines, pharmaceuticals, and diagnostic tools. Announced on the sidelines of the Nigeria-EU Ministerial Summit in Abuja on Monday, the deal provides critical...
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Dangote Hike Fuels Increase in Cooking Gas Cost in Nigeria

Fresh pressure is mounting on household energy costs as marketers on Monday warned that the price of Liquefied Petroleum Gas, popularly known as cooking gas, could rise further following a new price adjustment by the Dangote Petroleum Refinery and worsening global crude oil dynamics. The Nigerian Association of Liquefied Petroleum Gas Marketers said retail prices...
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FG Inaugurates PenCom Board to Oversee N28tn Pension Assets

The Federal Government on Monday inaugurated the Governing Board of the National Pension Commission, directing members to uphold corporate governance and safeguard over N28tn in pension assets under the Contributory Pension Scheme. This was contained in a statement issued by PenCom on Monday. Speaking during the inauguration ceremony in Abuja, the Secretary to the Government...
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FG & Cross River Partner to Sanitise Mining Activities

The Federal Government, through the Nigerian Nuclear Regulatory Authority, has announced its readiness to collaborate with the Cross River State Government to standardise and sanitise mining activities across communities in the state. The Operational Head of the NNRA, Ememobong Essien, disclosed the agency’s position during a courtesy visit to the Commissioner for Mineral Resources, Ntufam...
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NIPR decorates Nasarawa Gov. Abdullahi Sule as patron

The House of Representatives and officials of the Ugandan government on Monday commended Nasarawa State Governor, Abdullahi Sule, following his investiture as Patron of the Nigerian Institute of Public Relations in Abuja. The event drew political leaders, communication professionals and dignitaries from within and outside Nigeria, highlighting the growing relevance of public relations in governance...
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Dangote Refinery Boosts Africa’s Fuel Supply With Exports

The Dangote Petroleum Refinery has ramped up its regional footprint with the export of 12 cargoes of refined petroleum products totalling 456,000 tonnes to five African countries, amid a growing fuel supply crisis triggered by geopolitical tensions in the Middle East. The PUNCH gathered on Sunday that the cargoes, sold through international traders on a...
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Nigeria Power Sector Debt: GenCos Await N501bn Payment

Three months after the Federal Government issued a N501bn bond to kick-start the settlement of longstanding electricity debts, power generation companies have yet to receive any payment, raising fresh concerns over liquidity in Nigeria’s fragile power sector. The development comes despite the government’s announcement of the Presidential Power Sector Debt Reduction Programme aimed at clearing...
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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...