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LCCI Unveils Business Innovation Hub

The Lagos Chamber of Commerce and Industry will on Monday open an Innovation Hub in the state to incubate technology startups and small and medium-scale enterprises. The Chairman, Research & Advocacy at LCCI, Ladi Smith, on Friday said the chamber aims to catalyse innovation in Nigeria’s business environment with the hub. According to him, it...
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Anioma People Salute APC, Tinubu For Backing State Creation

The Anioma people of Delta State, comprised of nine predominantly Igbo-speaking communities, have expressed their gratitude to the government for its support regarding the establishment of a state for the Anioma people. The communities —including Aniocha North, Aniocha South, Ndokwa East, Ndokwa West, Ika North-East, Ika South, Oshimili North, Oshimili South, and Ukwuani Local Government...
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Nigeria’s New Tax Reform Explained

The new tax reform acts, which were recently signed into law by President Bola Tinubu, have brought the earnings of remote workers in Nigeria within the tax bracket. Under the new provisions, individuals who work for foreign clients or companies, including freelancers, tech professionals, and digital entrepreneurs, are required to register with their state tax...
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Deputy Speaker Seeks Debt Cancellation To Alleviate Africa’s Debt Burden

Deputy Speaker of the House of Representatives, Benjamin Kalu, has called for debt cancellation mechanisms, including debtfor-development swaps, to alleviate Africa’s debt burden. He also advocated for the renegotiation of Economic Partnership Agreements (EPAs) to align with the African Continental Free Trade Area (AfCFTA) and support African industrial policy and reducing non-tariff barriers. The deputy...
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Tinubu Halts FRC Act, Caps Dues for Private Companies

President Bola Tinubu has ordered a temporary pause in the implementation of the controversial Financial Reporting Council (Amendment) Act 2023, which imposed new annual dues on large private companies classified as Public Interest Entities. The decision, according to the Federal Ministry of Industry, Trade and Investment, follows months of sustained pressure from the private sector...
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NHIA Sanctions 49 Healthcare Facilities, 47 Hmos For Operational Breaches

The National Health Insurance Authority (NHIA) sanctioned 49 healthcare facilities (HCFs) and 47 health maintenance organisations (HMOs) in 2024 for infractions bordering on poor quality of service to enrollees, in accordance with its operational guidelines. In a statement yesterday, the body said the action followed investigations into complaints received from patients enrolled into the state...
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84% Asset Growth, 20 Kobo Dividend

Non-interest bank, TAJBank Limited, grew its total assets to N953.10bn in 2024 from N518.33bn in 2023, indicating an 84 per cent increase. This comes as the bank paid 20 kobo per share in dividends to shareholders, its third dividend payout in five years of operation. According to a statement from the bank, the dividend payout,...
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…He Was One Of Arewa’s Finest Elders –ACF

The Arewa Consultative Forum (ACF) has mourned the demise of Alhaji Aminu Dantata, describing him as “easily one of Arewa’s finest elders and accomplished statesmen with a long history of achievements of national and international reputation.” ACF in a statement by Prof Tukur MuhammadBaba, National Publicity Secretary of the Forum said ACF was shocked with...
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I apologise for saying no heaven without tithe – Adeboye

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

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

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...