Efforts are underway to increase investment in Nigeria's oil and gas sector. A plan to attract Chinese investors is being implemented. This initiative aims to boost revenue for the Federation Account.
Details of the plan include a proposed investment summit, which will be held in China. The event is scheduled to take place later this year.
Further information about this initiative can be found through official channels, including statements from relevant authorities.
News
A cosmetic clinic in Bangkok, Thailand, has claimed that Nigerian influencer, Igho “Tiny” Ubiribo, insisted on undergoing a penis enlargement procedure in a single session despite medical advice to split the treatment into two stages. The revelation emerged as Thai authorities la...
News
…It is understated, consumers at high risk – AAPN …Safe use impossible in Nigeria – Prof Irtwange …Calls for ban, saying it contributes to rise in cancer, other health risks By Gabriel Ewepu and Cynthia Alo A new study has shown that about 69 per cent of farmers and farm workers ...
business
By Obas Esiedesa, Abuja The Transmission Company of Nigeria (TCN) has declared force majeure on the 330kV Kainji-BirninKebbi transmission line following the collapse of a transmission tower along the corridor. TCN, in a statement on Tuesday, said the line tripped at 10:44 p.m. on...
News
Minister of Aviation and Senior Advocate of Nigeria (SAN) Festus Keyamo has joined the list of those who lend their voices against the blockade of the National Democratic Congress (NDC) Presidential candidate, Peter Obi, by angry youths in Benue State on Tuesday. Obi was in the s...
business
By UdemeAkpan Elektron Energy, a developer and operator of embedded power infrastructure, has unveiled its Victoria Island Power (VIPL) project, a 40-megawatt embedded power network designed to provide dedicated and more reliable electricity to businesses in one of Lagos’ upscale...
News
Nigerian manufacturers spent N1.3tn on alternative power in 2025 due to the worsening Nigeria power crisis, forcing factory shutdowns and high costs. Read More: https://punchng.com/blackouts-factories-spend-n1-3tn-on-alternative-power/...
News
An Abuja Appeal Court has upheld the 490-year jail term for former NEXIM Bank MD, Robert Orya, over a N2.4bn fraud conviction by the EFCC. Read More: https://punchng.com/acourt-upholds-490-year-jail-term-for-ex-nexim-bank-md/...
business
Thai authorities reveal Nigerian businessman Igho Ubiribo had five penis enlargement injections before his death from a fatal pulmonary embolism in Bangkok Read More: https://punchng.com/nigerian-businessesman-had-five-penis-enlargement-injections-before-death-clinic/...
safety
The Lagos State Police Command has warned residents against resorting to jungle justice following the mob killing of a man identified as Basit in Lagos Island, barely two weeks before his wedding. DAILY POST reports that the deceased was reportedly beaten to death by a mob in the...
News
By Omeiza Ajayi ABUJA — Minister of Aviation and Aerospace Development, Festus Keyamo, SAN, has condemned the blockade of the Nigeria Democratic Congress (NDC) presidential candidate, Peter Obi, by protesters in Benue State, describing the incident as unacceptable in a democracy....
News
By Udeme Akpan, Energy Editor Petrol prices remain elevated at filling stations across Nigeria despite a significant drop in depot prices raising fresh questions over profiteering between wholesale loading and retail prices. The latest mid-day depot price report for Tuesday, Sept...
News
The Social Democratic Party (SDP) presidential candidate, Adewole Adebayo, has promised to put solar panels on every Nigerian’s roof within 11 months of his presidency if elected in the forthcoming 2027 polls. Adebayo made the pledge on Tuesday while fielding questions in an inte...
