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Govt disburses $68m to 28 states for business reforms

20.02.2025
The Federal Government has disbursed a total of $68.36m to 28 states under the States Action on Business Enabling Reforms Programme, a $750m loan initiative supported by the World Bank to improve the ease of doing business across Nigeria. The Permanent Secretary of the Federal Ministry of Finance, Mrs Lydia Jafiya, disclosed this in Abuja...
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NNPCL refutes 2025 petrol importation claim

20.02.2025
The Nigerian National Petroleum Company Limited has denied reports claiming it recently imported 200 million litres of Premium Motor Spirit, commonly known as petrol. The company also clarified that it had not imported any volume of the product in 2025. This was stated in a rejoinder issued by NNPCL’s Chief Corporate Communications Officer, Olufemi Soneye,...
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Police drags unruly air passengers to court

20.02.2025
The Nigerian police have dragged three Air Peace passengers before a magistrate court sitting in Ikeja, Lagos State after being accused of unruly behaviours on the airline’s London-Lagos flight. The defendants were last week handed over to the police by airport security. The airline’s spokesman, Dr Ejike Ndiulo, stressed in a statement on Monday that...
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NRC pledges to make rail preferred transport option

20.02.2025
The Managing Director of the Nigerian Railway Corporation, Kayode Opeifa, has reaffirmed its commitment to making rail transport the preferred mobility option in the country, stating that the corporation is focused on improving passenger experience by increasing the number of coaches and enhancing train frequency. Opeifa hosted reggae artist John Odafe Asimoh, popularly known as...
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‘Aviation fuel stable but still expensive’

20.02.2025
The Chief Operating Officer of United Nigeria Airlines, Osita Okonkwo, has stated that while aviation fuel remains stable and readily available, it is still expensive. He attributed the stability to increased supply from the Dangote refinery but emphasised the need for lower prices, hoping that improvements in the exchange rate would help reduce costs for...
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Equity market sheds N166bn amid inflation drop

20.02.2025
The Nigerian Stock Exchange on Tuesday recorded a significant dip as investors lost N166bn in market value, following the drop in Nigeria’s headline inflation to 24.48 per cent in January 2025. The latest inflation figure, announced by the National Bureau of Statistics, marked a decline from the 34.80 per cent recorded in December 2024, attributed...
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Rotary earmarks N500m for humanitarian services in 2025

20.02.2025
Rotary District 9112 has revealed plans to allocate more than N500m for humanitarian services in 2025. Rotary International District 9112 Governor, Rotarian Femi Adenekan, shared the announcement during a week-long celebration marking the organisation’s 120th anniversary. Speaking at a recent press conference held in Lagos, Adenekan also said that the district has already invested over...
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Senate Begins Public Hearing Monday

20.02.2025
The Senate Committee on Finance will on Monday and Tuesday, hold a public hearing on the tax reform bill forwarded to the two Chambers of the National Assembly on October 3rd, 2024 by President Bola Tinubu. The tax reform bills are (i) The Nigeria Tax Bill (NTB) 2024, (ii)The Nigeria Tax Administration Bill (NTAB) 2024,...
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I apologise for saying no heaven without tithe – Adeboye

04.10.2024
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

04.10.2024
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

04.10.2024
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...

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