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OGFZA Seeks 10-Year Tax Exemption for Oil & Gas Zones

15.12.2025
The Oil and Gas Free Zones Authority has backed calls for a 10-year tax exemption for operators in Nigeria’s oil and gas free zones, warning that an abrupt application of the new tax law could disrupt long-term investments and undermine investor confidence. The Managing Director and Chief Executive Officer of OGFZA, Bamanga Jada, made the...
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Wema Bank announces N120m prize for Hackaholics finale

15.12.2025
Wema Bank has announced N120m worth of prizes for the Hackaholics 6.0 Grand Finale following the emergence of 35 teams from regional pitch sessions that recorded 1,460 participants across seven cities in Nigeria. According to a statement from the bank on Sunday, the Managing Director/Chief Executive Officer of Wema Bank, Moruf Oseni, disclosed that the...
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Lasaco Assurance gets approval for N25bn capital raise

15.12.2025
The shareholders of Lasaco Assurance have approved for the board and management of the firm to raise an additional N25bn in fresh capital via a rights issue and private placement. The approval was given at the just-held Extraordinary General Meeting of the firm, whose resolutions were filed with the Nigerian Exchange Limited. The PUNCH reported...
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CIIN Urges Inductees to Uphold Insurance Ethical Practice

15.12.2025
The Chartered Insurance Institute of Nigeria has charged its newly inducted associates and fellows with being trustworthy and ensuring ethical practice. The charge was given at the 2025 Induction Ceremony held at the College of Insurance and Financial Management, Aseese, Ogun State, where 224 Associates and 24 Fellows were inducted as part of ongoing efforts...
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No Compromise on Oluyole Road Width in Remodel

15.12.2025
The Oyo State Government has assured residents and companies within the Oluyole Industrial Estate that the ongoing road reconstruction will not reduce the original width of the roads, dismissing circulating reports suggesting otherwise. This clarification followed growing concerns among factory operators and residents who feared that the new construction layout might shrink sections of the...
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Lagos State denies claims of a new second refinery

15.12.2025
The Lagos State Commissioner for Physical Planning and Urban Development, Dr Oluyinka Olumide, has raised concerns over a report by a section of the media in which he was wrongly credited with statements suggesting that Lagos State was set for a second private refinery following confirmed talks with new investors. In a statement by the...
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92% of Personal Pension Accounts in Nigeria Remain Unfunded

15.12.2025
Industry data indicate that the majority of the Retirement Savings Accounts under the rebranded Personal Pension Plan were largely unfunded, marking a glaring disparity between registration and actual contribution within the micro-pension scheme. This is against the backdrop of Nigeria’s pension industry recording a 5.93 per cent increase in its Total Net Asset Value to...
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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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