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Edo plans N160bn fund to address ecological challenges

The Executive Chairman of the Edo State Ecological Fund and Management Commission, Blessing Agbomhere, has unveiled plans by the state government to raise N160 bn to tackle ecological challenges. Agbomhere, who spoke at a press parley on Wednesday, said the fund would be raised through the Ecological/Climate Trust, revealing that the Okpebholo Green Revolution for...
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Nigeria wins IMO election, rejoining council after 14 years

Stakeholders in the nation’s maritime industry have commended Nigeria’s election into Category C of the International Maritime Organization Council for the 2026–2027 biennium. In a chat with The PUNCH over the weekend, the stakeholders described the victory as a testament to President Bola Tinubu’s avowed commitment to redefine the nation’s economy and take Nigeria to...
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INTELS empowers 62 women in its host communities

INTELS Nigeria Limited has strengthened its commitment to women’s economic empowerment by graduating 62 trainees from its 2025 Women Empowerment Project Scheme, Synergy. In a statement on Monday, the company explained that the graduation ceremony was held over the weekend at the Rosa Volpi Women Development Centre, located within the Federal Lighter Terminal at the...
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Deutsche Bank to Finance Lagos Bridge Rehabilitation

Global lender Deutsche Bank has expressed interest in funding major rehabilitation and replacement works on two of Lagos’ most critical bridges, the Carter Bridge and the Third Mainland Bridge, as the Federal Government intensifies its push to attract private capital for large-scale road infrastructure projects. The bank’s delegation, led by its Managing Director and Global...
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Minister Blames Low Economic Returns for Nigerian Poverty

The Minister of Budget and Economic Planning, Senator Abubakar Bagudu, has said most Nigerians remain trapped in poverty because their economic returns are limited. This was according to a press statement issued by the ministry on Wednesday following the visit of the World Bank Regional Manager for Social Protection and Labour for West and Central...
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NSIA & GE HealthCare Partner to Boost Diagnostic Capacity

The Nigerian Sovereign Investment Authority has announced a new partnership with GE HealthCare to establish diagnostic centres, deploy advanced equipment, and train local professionals, as part of a national effort to improve access to medical diagnosis. In a statement, the authority, through its healthcare subsidiary, NSIA Advanced Medical Services Ltd (MedServe), noted that the collaboration...
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N3.6tn Repaid, Global Asset Hunt On

The Asset Management Corporation of Nigeria, the government-owned agency established in 2010 to stabilise and revitalise the Nigerian financial system, announced on Wednesday that it has so far repaid about N3.6tn to the Central Bank of Nigeria since its inception. Managing Director and CEO of the corporation, Mr Gbenga Alade, disclosed this at a media...
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NGX unveils commercial paper listings to deepen debt market

Nigerian Exchange Limited has introduced Commercial Paper listings, following approval from the Securities and Exchange Commission. In a statement from the NGX on Wednesday, the new market offering will deepen Nigeria’s short-term debt market. The PUNCH reports that with the new listing window for commercial papers, NGX now offers an integrated environment spanning equities, fixed...
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FIRS clarifies new Nigeria tax laws & levy changes

The Federal Inland Revenue Service has stated that Nigeria’s newly enacted tax laws are designed to strengthen economic competitiveness, attract investments, and improve long-term fiscal stability. The agency also clarified that the much-debated four per cent development levy on imported goods is not a new or additional tax burden, but a streamlined consolidation of several...
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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...