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Capital Market Stable Under Tinubu’s Economic Reforms

29.05.2025
The Managing Director/Chief Executive Officer of Arthur Stevens Asset Management Limited, Olatunde Amolegbe, has stated that despite the hardship facing Nigerians due to recent economic reforms, the country’s capital market has remained one of the most consistent bright spots under the current administration. Speaking in an interview with our correspondent on Sunday, assessing President Bola...
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Reps pass N1.81tn 2025 FCT budget

29.05.2025
The House of Representatives on Wednesday passed the N1.81tn 2025 budget for the Federal Capital Territory. The bill scaled the third reading at a session presided over by the Deputy Speaker, Benjamin Kalu. Recall that President Bola Tinubu on May 14, 2025, transmitted the budget proposal to both chambers of parliament, urging the lawmakers to...
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Bayelsa communities threaten oil production shutdown

29.05.2025
Renewed hostilities have resumed between NNPC Exploration & Production Limited and host communities in Bayelsa State’s coastal region over a lingering dispute concerning security vessel contracts. The eight oil-producing host communities, made up of Koluama 1 & 2, Ezetu 1 & 2, Foropa, Fish town, Ekeni, and Sangana in Bayelsa, have issued fresh threats to...
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RMAFC inaugurates anti-corruption unit

29.05.2025
The Revenue Mobilisation Allocation and Fiscal Commission on Wednesday inaugurated its Anti-Corruption and Transparency Unit at its headquarters in Abuja. In a press statement signed by the Head of Information and Public Relations Unit at RMAFC, Maryam Yusuf, the commission announced the formal induction of ACTU members, with a clear charge to uphold integrity, transparency,...
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FG unveils digital village with free internet service

29.05.2025
The Federal Government has inaugurated a digital village pilot project providing free internet access to the rural community of Ibwa 2, Isuanin Kura, Gwagwalada, in the Federal Capital Territory, in a bid to bridge Nigeria’s digital divide. Speaking at the launch on Wednesday, the Minister of Communications, Innovation and Digital Economy, Dr Bosun Tijani, disclosed...
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Jetour launches X70 family SUV in Nigeria

29.05.2025
Jetour Nigeria has officially launched an edition of its flagship family SUV, the Jetour X70, into the Nigerian automotive market, promising a new benchmark in affordable luxury and versatility for families and adventure seekers. This was contained in a statement signed by the company’s representative, Keji Olubuade, and made available to The PUNCH on Tuesday....
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SAHCO to set direction for cargo future

29.05.2025
The Skyway Aviation Handling Company said it has met cargo stakeholders in the bid to reshape the future of cargo in the aviation industry. SAHCO made this known in a statement on Tuesday, which stated that the event brought together a wide range of industry players, including airlines, exporters, clearing agents, and logistics professionals, to...
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E-hailing drivers decry LagRide’s operational challenges

29.05.2025
E-hailing drivers operating under the Lagos State Government-backed LagRide platform have raised concerns over what they describe as persistent operational failures, unfulfilled promises, and exploitative practices by the app’s managing companies. In a strongly worded statement signed by a Public Relations Officer of the Amalgamated Union of App-Based Transporters of Nigeria, Steven Iwindoye, the drivers,...
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Chinese trade truce lifts US consumer confidence

29.05.2025
Consumer confidence in the United States improved significantly in May following a truce in the ongoing trade war between Washington and Beijing. This marks a positive turn after five consecutive months of declining sentiment. According to Reuters, the Conference Board, a global economic research group, reported on Tuesday that its consumer confidence index rose by...
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Fresh $24bn borrowing may balloon Nigeria’s debt to N183tn

29.05.2025
•NASS set to approve Tinubu’s loan request, foreign debt nears $70bn, economists worry over high debt-servicing Nigeria’s public debt is set for another significant jump as President Bola Tinubu has requested the National Assembly’s approval to secure fresh foreign loans amounting to about $24.14bn. At the prevailing official exchange rate of N1,583.74/$1, the proposed borrowing...
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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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