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LG Tax Accountability Crucial for Nigeria’s Reform – Oyedele

Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has said that ongoing tax reforms must include measures to hold local governments accountable for the revenues they receive. Speaking at the Lagos Chamber of Commerce and Industry’s Mid-Year 2025 Economic Review on Wednesday, Oyedele described Local Governments as major contributors to Nigeria’s...
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NLC Seeks NECA’s Support for Workers’ Rights Amid Tech Advan

President of the Nigeria Labour Congress, Joe Ajaero, has called on the Nigeria Employers’ Consultative Association to join hands with labour unions in defending workers’ rights, protecting pension contributions, and promoting decent work as technology transforms workplaces. Ajaero, who leads the country’s biggest labour union, made the call at the 2025 Annual General Meeting of...
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Nigeria’s Labor Ministry Embarks on Governance Reforms

The Minister of Labour and Employment, Muhammadu Dingyadi, has said that his ministry is actively implementing a range of policy and institutional reforms to provide good governance and improve the various components of its labour administration in line with international best practices. Dingyadi stated this on Wednesday during his address at the 68th Annual General...
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Dangote: Nigeria Needs 60,000MW, Not 5,000MW

President of the Dangote Group, Alhaji Aliko Dangote, says there is no justification for Nigeria’s low power generation output, arguing that if his conglomerate alone can produce over 1,500 megawatts for internal use, the country should be generating far more. Dangote made the remarks during a recent tour of the Dangote Refinery in Lagos, where...
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12 Dead, 14 Injured in Nigeria Electricity Accidents

Twelve people died and 14 others sustained injuries in electricity-related accidents across Nigeria in the first quarter of 2025, the Nigerian Electricity Regulatory Commission stated, accusing the distribution companies of non-compliance with safety guidelines. In its Q1 2025 report, NERC said a total of 31 health and safety incidents were recorded during the quarter. “The...
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Nigeria’s Inflation Rate Eases to 22.22% in June 2025

The headline inflation for June 2025 moderated to 22.22 per cent relative to the May 2025 headline inflation rate of 22.97 per cent. This was disclosed by the National Bureau of Statistics on Wednesday. According to the latest Consumer Price Index report released by the Bureau, the year-on-year figure reflects a 0.75 percentage point decline...
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Barclays Fined £42m for Money Laundering Failures

16th July 2025 Barclays Bank UK PLC and Barclays Bank PLC have been hit with a combined £42 million fine by the United Kingdom’s Financial Conduct Authority for serious lapses in anti-money laundering controls related to their dealings with WealthTek and Stunt & Co. The FCA said Barclays Bank UK PLC failed to collect adequate...
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Huawei Reclaims Top Spot in China Smartphone Market

The Shenzhen-based tech giant captured 18.1% of China’s smartphone market in Q2 2024, shipping 12.5 million units, IDC data released Tuesday showed. This marks a significant rebound for Huawei, which has faced numerous challenges, including U.S. export controls, Western bans, and a corruption investigation in Belgium. China’s overall smartphone market declined 4 per cent year-on-year...
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Nigeria Stock Market Soars N1.44tn, Nestlé Leads Gains

The Nigerian stock market continued on a positive note on Wednesday, adding N1.44 trillion to its value. Market capitalisation surged by 1.80 per cent to reach N81.584 trillion, up from N80.143 trillion recorded on Monday. Similarly, the All-Share Index rose by 2,277.54 points, or 1.80 per cent, settling at 128,967.08 from its previous close of...
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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...