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Fairmoney MD Predicts Rise of Fintech in Nigeria’s Banks

15.12.2025
The Managing Director of Fairmoney Microfinance Bank, Henry Obiekea, has projected that fintech-driven institutions will feature prominently among Nigeria’s dominant banks in the coming years, as the sector undergoes structural reorganisation. Obiekea said this during an interview with The PUNCH at his office in Lagos. The PUNCH reports that most of the top banks in...
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Cost-Reflective Tariffs Urged to Clear N4tn Power Debt

15.12.2025
The Centre for the Promotion of Private Enterprise has urged the Federal Government to adopt a clear and credible roadmap for cost-reflective electricity tariffs to clear the N4tn power sector debt. It recommended stronger governance and accountability in subsidy management and debt verification, stricter performance benchmarks for Discos, reforms to transmission management through alternative concession...
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Nigeria’s IMO Win Boosts Its Global Maritime Standing

15.12.2025
Nigeria’s return to Category C of the International Maritime Organisation Council has reinforced its standing in the global maritime community, restoring a seat last held in 2011. The election, concluded at the IMO General Assembly in London, places the country among 20 nations with recognised maritime interests and balanced geographical representation. The win strengthens Nigeria’s...
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ICAN & SWAN Honour Female Accountants in Nigeria

15.12.2025
The Institute of Chartered Accountants of Nigeria and the Society of Women Accountants of Nigeria recently honoured female accountants at the unveiling of a new book celebrating women’s excellence in the profession in Lagos. The book, Breaking Barriers: Visionary Women in Accounting and Leadership, documents the careers, leadership journeys and personal values of five trailblazing...
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BDC licensing to bring stability to FX market

15.12.2025
Analysts at Meristem Securities have projected that the Central Bank of Nigeria’s recent granting of final operating licences to 82 Bureau De Change operators is likely to bring stability to the country’s foreign exchange market. The approvals, issued under the CBN’s updated 2024 Regulatory and Supervisory Guidelines for BDC Operations, took effect on 27 November...
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Champion Breweries Opens N16bn Rights Issue for Expansion

15.12.2025
Champion Breweries Plc has officially opened a N16 billion Rights Issue of ordinary shares at N16 per share, following approvals from the Securities and Exchange Commission and the Nigerian Exchange Limited. The Rights Issue, which commenced on Monday, is open to existing shareholders as at the qualification date of 4 September 2025. The capital raise...
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NGX gains N1.54tn as Nigerian stocks rise 1.63%

15.12.2025
The Nigerian Exchange closed last week on a positive note, gaining N1.54tn as the All-Share Index rose by 1.63 per cent despite a decline in trading volume. Financial services stocks dominated activity, followed by ICT and oil and gas, reflecting selective investor interest across key sectors. Analysts said the market’s resilience, supported by strong sector...
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8 Escape Unhurt in Kano Aircraft Landing Gear Collapse

15.12.2025
Eight persons escaped death on Sunday after a FlyBird aircraft was involved in a landing incident at the Mallam Aminu Kano International Airport, Kano State, prompting an investigation by the Nigerian Safety Investigation Bureau. The aircraft, a Hawker 800XP operated by FlyBird Aircraft Management Services Limited, was on a non-scheduled domestic passenger flight from the...
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Dangote Attacks NMDPRA Boss Over Alleged Corruption

15.12.2025
The President of the Dangote Group, Alhaji Aliko Dangote, on Sunday alleged that the Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, Farouk Ahmed, paid about $5m for the secondary school education of his four children in Switzerland, calling for a full investigation and public explanation. Dangote said Ahmed must appear before...
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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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