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Soft Drinks Tax Hike Harmful to Nigerian Economy, CPPE Warns

The Centre for the Promotion of Private Enterprise has asked the Senate Committee on Finance to discontinue its proposal to increase excise duty on non-alcoholic beverages, warning that the move is counterproductive and potentially harmful to national economic recovery. Director of the CPPE, Dr Muda Yusuf, noted in a statement that the proposal arrived at...
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NASS backs tax reforms for Nigeria’s energy transition

The Speaker of the House of Representatives, Abbas Tajudeen, has said that the National Assembly is committed to continuous tax reforms as a strategic tool to support Nigeria’s energy transition and climate responsibility. He said this on Monday at the one-day policy dialogue with legislators on taxation for a fossil fuel phase-out, held in Lagos....
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UMZA Air begins Abuja–Ilorin flights with low fares

UMZA Air on Sunday commenced commercial flights on the Abuja–Ilorin route with what the airline described as permanently cheaper airfares for travellers using the Tunde Idiagbon International Airport, Ilorin. The Managing Director/Accountable Manager of UMZA Aviation Services Limited, Mr Anachuna Henry, told The PUNCH that the airline deliberately pegged its ticket prices between N145,000 and...
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Stanbic IBTC empowers youths via DiSEP initiative

Stanbic IBTC Holdings has graduated the fourth cohort of its youth empowerment and digital skills development and inducted the fifth cohort. In a statement on Sunday, it was indicated that the empowerment was done under its Digital Skills Empowerment Programme. DiSEP, a flagship corporate social responsibility initiative of Stanbic IBTC, equips young Nigerians with relevant...
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Naira appreciates to 1,446.74/$, capital inflows surge

The naira recorded a stronger performance during the past week as it rose to 1,446.74/$, marking a 0.69 per cent increase over the previous week’s figure of 1,456.72/$. This strengthening of the naira followed the sharp volatility of the previous week. For most of the week, the naira traded below 1,450/$ at the official window,...
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What You Need to Know Before 2026

AIESEC Alumni Nigeria, alongside the former Executive Chairman of the Federal Inland Revenue Service, Ifueko Okauru, has called on businesses, households and individuals to urgently study Nigeria’s new tax laws and invest in skilled tax professionals as the reforms become operational in January 2026. Okauru, in her business lecture at the AIESEC Alumni Nigeria National...
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NCF partners launch initiative to combat deforestation

The Nigerian Conservation Foundation, Natural Eco Capital, and Business for Nature have launched a new partnership to combat Nigeria’s alarming deforestation rates and promote nature-positive development. Speaking at the Business Advisory Group Inauguration Workshop in Abuja, Deputy Director, Forestry, Federal Ministry of Environment, Chris Aiwuyo, said, “Nigeria’s commitment to achieving a nature-positive future is deeply...
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Nigeria’s GDP Grows 3.98% in Q3 2025, NBS Reports

Nigeria’s economy grew by 3.98 per cent in the third quarter of 2025, marking a slight improvement over the 3.86 per cent recorded in the same period of 2024, according to the latest Gross Domestic Product report released by the National Bureau of Statistics on Monday. The report read, “Gross Domestic Product grew by 3.98...
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Greenwich Merchant Bank Bags Best FMDQ-Compliant Award

Greenwich Merchant Bank has emerged as the winner of the 2025 Best FMDQ-Compliant Member Award. In a statement on Sunday, the firm said that the recognition reinforced its reputation for strong governance, disciplined operations, and consistent regulatory alignment. The Award, presented by FMDQ Group PLC at the 2025 FMDQ Gold Awards, recognises the dealing member...
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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...