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Guinness Nigeria celebrates 75 years of operations

30.04.2025
Guinness Nigeria Plc has announced that it is marking a monumental 75 years of operation, celebrating a legacy steeped in heritage, innovation, and its deep-rooted bond with the Nigerian people. Founded in 1950, the company opened its first brewery in Lagos in 1962, making it the first Guinness brewery outside of Ireland and the UK....
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Customs 4% FOB levy will weaken industries – MAN

30.04.2025
The Manufacturers Association of Nigeria has warned that the country risks weakening its industries if the Nigeria Customs Service reintroduces the suspended four per cent Free-on-Board levy. Director-General of MAN, Segun Ajayi-Kadir, in a statement on Monday, said the levy would “inflict catastrophic consequences” on the already fragile manufacturing sector and undermine national industrial goals....
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Public sector deficit, threat to $1tn economy goal – OPS

30.04.2025
The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture, and the Organized Private Sector of Nigeria have said that Nigeria’s massive public sector deficit is the biggest threat to the Federal Government’s goal of transforming the country into a $1tn economy by 2030. In a statement, NACCIMA President, Dele Oye, charged the Federal...
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FIRS commits to gender-responsive planning, budgeting

30.04.2025
The Federal Inland Revenue Service has pledged to integrate gender-responsive planning, budgeting, and data reporting across its operations as part of efforts to strengthen inclusive governance in Nigeria’s tax system. Speaking at the official launch of the FIRS Gender Desk and Women Network on Tuesday in Abuja, the Executive Chairman of the FIRS, Dr Zacch...
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Telcos order $1bn network equipment from China – NCC

30.04.2025
Telecom operators have ordered over $1bn in network infrastructure from original equipment manufacturers in China to overhaul and upgrade the quality of service, the Nigerian Communications Commission said on Tuesday. While the telecom equipment has yet to arrive, be cleared, or be deployed in-country, the move signals a return to capital investment in the sector...
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Non-oil export records 24.7% surge, hits $1.7bn

30.04.2025
Nigeria’s non-oil export sector recorded significant growth in the first quarter of 2025, with the total value hitting $1.791bn, the Nigerian Export Promotion Council disclosed on Monday. This marks a 24.7 per cent increase compared to the $1.436bn recorded in the same period of 2024, according to the Executive Director of the council, Nonye Ayeni....
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PenCom to recover N1.3bn pension debt from newspapers

30.04.2025
The National Pension Commission has commenced moves to recover over N1.3bn in unpaid pension contributions owed to journalists by newspaper organisations across the country. This was disclosed by the Director-General of PenCom, Ms Omolola Oloworaran, during a high-level visit to the Nigerian Press Council in Abuja. Oloworaran decried the widespread non-compliance with the Pension Reform...
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No plan to ban solar panel imports now – FG

30.04.2025
The Federal Government has said that the plan to ban the importation of photovoltaic solar panels into Nigeria will not take effect immediately. The Managing Director/Chief Executive Officer of the Rural Electrification Agency, Abba Aliyu, told The PUNCH exclusively that the government is not contemplating banning solar panel imports now. According to Aliyu, though Nigeria...
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Debt servicing gulped N696bn in January – CBN

30.04.2025
The Federal Government’s precarious fiscal position worsened in January 2025 as debt servicing obligations exceeded total retained revenue by a wide margin, data from the Central Bank of Nigeria’s January 2025 Monthly Economic Report has shown. According to the report, the Federal Government’s debt servicing obligations for the month stood at N696.27bn, while total retained...
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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
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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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