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CBN licenses firm to boost MSME financing

04.05.2025
The Central Bank of Nigeria has officially granted a finance company licence to Preferred Finance Company Limited, with the mandate to provide structured financing solutions, particularly to micro, small, and medium-scale enterprises across the country. The milestone was celebrated during the company’s grand opening ceremony held in Abuja on Tuesday, where the management and board...
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Nigeria to fully repay IMF loan by 2029

04.05.2025
Nigeria is on track to fully repay its International Monetary Fund Rapid Financing Instrument loan by 2029, according to findings by The PUNCH. The latest repayment schedule published by the Fund on its website showed that the country had secured approval for an emergency financial support of 2,454.50 million Special Drawing Rights, which translates to...
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Trump’s 14% tariff not affecting urea export – Dangote

04.05.2025
President of the Dangote Group, Aliko Dangote, said on Thursday he was “comfortable” with the effect of United States President Donald Trump’s tariffs on his company’s urea exports. He expressed confidence because rival exporter Algeria had been hit with even higher duties, potentially giving his products a competitive edge in the American market. The business...
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FG Developing Framework On Use Of AI

04.05.2025
  The Nigeria government said it was developing a national framework on the use of Artificial Intelligence by the media. Minister of Information and National Orientation, Alhaji Mohammed Idris, in a message to mark the World Press Freedom Day 2025, stated that framework would ensure that innovation does not come at the cost of ethics,...
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Scary Insecurity Resurgence – New Telegraph

04.05.2025
The resurgence of insecurity and bloodshed in some parts of the country after relative peace has raised fresh concerns. BIYI ADEGOROYE, in this analysis, recommends fresh strategies as prerequisite for restoring confidence in government and its agencies President Bola Tinubu’s marching order to service chiefs for “immediate and comprehensive overhaul of national security strategies” and...
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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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