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Why EFCC Re-arrested Malami, By Sources

10.12.2025
The Economic and Financial Crimes Commission (EFCC) has intensified its investigations of high profile financial transactions linked to a former Attorney General of the Federation and Minister of Justice, Abubakar Malami (SAN). New Telegraph reliably learnt that Malami was grilled by EFCC’s officials on Monday evening after he was taken into custody. He was yet...
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Greenwich Holdings appoints pioneer GMD

10.12.2025
Greenwich Holdings Limited has appointed Mr Samson Ariyibi as its pioneer Group Managing Director, following receipt of all requisite regulatory approvals and ahead of the formal commencement of business operations. This was disclosed in a statement made available to The PUNCH on Monday. Earlier this year, The PUNCH reported that the Central Bank of Nigeria...
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Funmi Ekundayo Becomes New CSIA President

10.12.2025
Governance expert and seasoned corporate executive Funmi Ekundayo has been named as the new President of the Corporate Secretaries International Association, the global body representing governance professionals and corporate secretaries across more than four continents. The announcement, made over the weekend on the Association’s official website, marked a major milestone for Nigeria’s governance community and...
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Niger Delta vocational centres upgraded

10.12.2025
The Foundation for Partnership Initiatives in the Niger Delta has launched an N113m TVET Facilities Upgrade Grant to modernise and expand 14 Technical and Vocational Education and Training centres across the Niger Delta. The investment aims to strengthen the region’s skills development ecosystem by upgrading infrastructure, improving training delivery and enhancing the long-term sustainability of...
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Air Travel Taxes Cost Passengers $60bn Globally—IATA

10.12.2025
The International Air Transport Association has revealed that air travellers across the world paid about $60.4bn in taxes and charges in 2024. According to the airlines’ association, these taxes were added to airline fares and remitted by airline operators to governments. IATA stated this in a post on X on Monday, highlighting the financial pressure...
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GCR upgrades NEM Insurance rating to AA+(NG) with stable out

10.12.2025
Rating firm GCR Ratings has upgraded NEM Insurance Plc’s national scale financial strength rating to AA+(NG) from AA(NG), with a stable outlook. According to a statement from the underwriter on Tuesday, the rating firm hinged the upgrade on sustained strengthening in NEM Insurance Plc’s competitive position within the non-life insurance segment, supported by a sound...
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Nigerian Railway Corporation records N26.4bn deficit in 2023

10.12.2025
The Nigerian Railway Corporation recorded a net deficit of N26.4bn in the 2023 financial year, despite generating N19.17bn in revenue, highlighting the persistent financial strain facing the nation’s rail operator. According to the financial statement by the Ministry of Finance Incorporated, a breakdown of the 2023 performance shows that non-exchange revenue stood at N12.12bn, while...
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Airline Industry Profit to Hit Record $41bn in 2026: IATA

10.12.2025
The International Air Transport Association has projected that global airlines will post a combined net profit of $41bn in 2026, up from $39.5bn in 2025, indicating a stabilisation of profitability despite lingering supply chain challenges. In its latest financial report, the association said the projected figure would set a new industry record, although the net...
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I apologise for saying no heaven without tithe – Adeboye

04.10.2024
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

04.10.2024
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

04.10.2024
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...

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