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Firms Struggle To Stay Afloat As Lending Rates Hit 30%

Nigerian businesses are increasingly strained as commercial lending rates hover around 30 per cent, forcing many companies— especially SMEs—to scale back operations, postpone investments and struggle with loan repayments. Bank officials and analysts warn that the current credit environment is eroding business confidence and worsening Nigeria’s fragile economic recovery. Across the banking sector, commercial loan...
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Trump Issues Fresh Threat, Reaffirms Military Action

U.S President, Donald Trump, has reechoed his criticism of Nigeria, publicly branding the country “a disgrace” as he renewed accusations that the government is failing to protect Christians from extremist violence. Speaking on a conservative radio program late Friday night, Trump repeated his threat to take potential military action against Islamist militants in Nigeria, if...
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Opposition Politics And Attack On PDP Secretariat

Last Tuesday’s attack on the National Secretariat of the Peoples Democratic Party (PDP) has confirmed the plot to muzzle opposition to orchestrate one party in Nigeria, writes ONYEKACHI EZE. The political climate in the country was heightened last week when principal actors in the leadership crisis in the opposition Peoples Democratic Party (PDP) engaged in...
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Insecurity: FG, States Fret As Trump Threatens Again

There is palpable tension in the seats of power across the nation following the upsurge in insurgency with the attacks on Saint Mary Catholic School, Kagara, Niger State, where 303 pupils and 12 staff, were abducted, Christ Apostolic Church (CAC), Eruku community, Ekiti Local Government Area, Kwara State and Government Girls Comprehensive Secondary School, Maga,...
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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...