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NSIA Records N525.3bn Operating Income In 2025

Despite the headwinds both in local and international operating environments, Nigeria Sovereign Investment Authority (NSIA) on Thursday reported Core Operating Income of ₦525.3 billion and Core Total Comprehensive Income (TCI) of ₦478.8 billion for the full year ended 2025. Presenting 2025 Finance and Accounts in Abuja, NSIA Managing Director/ CEO, Mr Aminu Umar Sadiq, attributed...
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FG Calls On ALGON For Support Against Insecurity

The Federal Government has called on the Association of Local Governments of Nigeria (ALGON) to support efforts in combating insecurity in the country. This came as it commended the association for its “Light Up the Nation” initiative, describing it as a commendable effort that will enhance security, improve community aesthetics, and stimulate socio-economic development at...
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Oando Signs PSC For Angola’s Oil Block

Oando Plc has announced that it has executed a Production Sharing Contract (PSC) for Block KON 13 in Angola. A statement by the Company Secretary, Oando Plc, Folasade Ibidapo-Obe, seen by New Telegraph yesterday, explained that the agreement was signed between the group and the Angolan National Agency for Petroleum, Gas and Biofuels (ANPG) further...
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Reps Begin Probe Of Concessioned Ports

The House of Representatives Ad Hoc Committee to investigate and appraise the performance and benefits accrued to the Federal Government from concessionaries operating air and sea port terminals, Tuesday commenced a comprehensive probe of the ports. At the commencement of the investigation, Chairman of the committee, Hon. Kolawole Akinlayo, said the probe would assess the...
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Wema Bank Emerges Double Winner At Global SME Awards

Wema Bank has won the SME Financier of the Year and Best SME Lending Product-Digital Bank awards at the Global SME Banking Innovation Awards 2026, in recognition of its contributions to expanding access to finance for small and medium-sized enterprises. The awards, presented on March 12, 2026, celebrate financial institutions demonstrating innovation, institutional excellence, and...
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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...