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Maistrade unveils $5bn fund for agric, others

Maistrade Multipurpose Cooperative Society Limited has announced the launch of its new financial vehicle worth $5bn. In a statement on Thursday, the Cooperative Society said that the fund, named ‘AssuredInvest Cooperative Trust Fund, is designed to mobilise cooperative capital into national priority sectors such as agriculture, affordable housing, MSMEs, education, green energy, and digital inclusion....
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Nigeria’s OPS Calls for Review

The Organised Private Sector of Nigeria has called on stakeholders to review the Financial Reporting Council (Amendment) Act 2023 to ensure it supports business growth and economic development, following the suspension of the act. The PUNCH reported on June 29 that President Bola Tinubu had ordered a temporary pause in the implementation of the controversial...
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N52.6b Generated in Six Months

The Edo State Government on Thursday said it generated N52.6bn between January and June 2025 in Internally Generated Revenue. The Executive Chairman of the Edo Internal Revenue Service, Oladele Bankole-Balogun, who stated this at a press briefing in Benin, said the earning is a 46 per cent increase in what was generated within the same...
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AMCON sells Ibadan Disco stake in debt recovery drive

The Asset Management Corporation of Nigeria has announced the sale of the Ibadan Electricity Distribution Company as part of renewed efforts to divest distressed assets and intensify debt recovery across the country. Managing Director and Chief Executive Officer of AMCON, Gbenga Alade, during a media conference held in Lagos on Thursday, said the sale of...
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Action Collective Hails Court Ruling On Akpoti-Uduaghan

The Action Collective, a leading civic advocacy group, has hailed the declaration of the suspension of Senator Natasha Akpoti-Uduaghan by the Senate as unconstitutional and illegal a resounding affirmation that the Nigerian judiciary remains the last refuge for those oppressed by institutional power. In a statement signed by its National Coordinator, Mr. Teddy Onyejuwe, and...
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Pan-African Progressive Front Opens Headquarters In Accra

The Pan-African Progressive Front (PPF) has achieved a significant milestone with the official inauguration of its headquarters in Accra, Ghana marking what the organisers describe as a turning point in the ongoing struggle for African unity and self-determination. The historic launch on Monday, June 30, 2025 drew a strong presence of dignitaries, activists, intellectuals and...
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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...