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New Orders Rise to 3-Month High on Disinflation

02.12.2025
The Nigerian private sector saw new orders rising to a three-month high on the back of decelerating inflation. This was disclosed in the latest Stanbic IBTC Bank Nigeria PMI compiled by S&P Global, which was published on Monday. The PUNCH reports that the National Bureau of Statistics stated that Nigeria’s headline inflation rate dropped to...
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Ex-CIBN head advocates for special loan disputes court

02.12.2025
The immediate past president of the Chartered Institute of Bankers of Nigeria, Ken Opara, has called for the establishment of a court dedicated to credit access cases. Opara, who is also Executive Director for Lagos and the South-West at Fidelity Bank Plc, made the call at the Lagos Business School, in a paper titled, ‘Contemporary...
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SEC to prosecute Ponzi scheme perpetrators via collaboration

02.12.2025
The Securities and Exchange Commission has reaffirmed its commitment to strengthening inter-agency collaborations to identify and prosecute the promoters of Ponzi schemes in line with the Investments and Securities Act 2025. The Divisional Head, Legal and Enforcement, SEC, Mr John Achile, said this at the commission’s Journalists’ Academy 2025 in Lagos. The PUNCH reports that...
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Baobab Nigeria promotes health with nationwide fitness walk

02.12.2025
Baobab Nigeria has held a nationwide fitness walk across its 38 branches in the country to encourage healthier lifestyles among staff and customers while amplifying awareness of the Jollof+ savings product and other services. The walk, staged simultaneously in 16 states, was themed “Walk! Save! Jollof+” and drew strong participation from Baobab employees and members...
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Oyo Chief Urges Youths to Build Leadership Skills for Future

02.12.2025
The Director-General of the Oyo State Agribusiness Development Agency, Debo Akande, has urged Nigerian youths to prioritise building practical skills and integrity over relying solely on academic qualifications if they hope to lead effectively in the future. Akande, who is also Executive Adviser to Governor Seyi Makinde on Agribusiness and International Development, gave this advice...
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NDIC Demands Accurate Valuation for Failed Bank Assets

02.12.2025
The Nigeria Deposit Insurance Corporation has called for deeper collaboration with the Nigerian Institution of Estate Surveyors and Valuers to ensure more accurate valuation of assets belonging to failed banks. According to a press statement issued on Monday by the Head of Communication and Public Affairs Department of the NDIC, Hawwau Gambo, the Managing Director...
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Sterling Bank & PAU certify Non-Oil Export Academy grads

02.12.2025
Sterling Bank Limited has signed a Memorandum of Understanding with the Enterprise Development Centre of Pan-Atlantic University to certify graduates of its Non-Oil Export Academy. In a statement on Monday, the lender said that the partnership underscored its commitment to diversifying Nigeria’s economy by supporting non-oil export growth. The PUNCH reports that this agreement followed...
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Nigeria completes shift to T+2 settlement cycle

02.12.2025
On 28 November 2025, Nigeria’s capital market formally transitioned to a T+2 settlement cycle, a significant shift aimed at improving market efficiency, reducing risk, and aligning the country with global post-trade standards. OLUWAKEMI ABIMBOLA writes on the transition and its impact on the market and investors When the Executive Commissioner, Operations of the Securities and...
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Soft Drinks Tax Hike Harmful to Nigerian Economy, CPPE Warns

02.12.2025
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

02.12.2025
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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I apologise for saying no heaven without tithe – Adeboye

04.10.2024
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Man who asked Tinubu to resign admitted in psychiatric hospital

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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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