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Global Wage Growth Hits 15-Year High as Inflation Eases

07.01.2026
Global real wages grew at their fastest pace in more than 15 years in 2024, as easing inflation helped repair workers’ purchasing power after the cost-of-living shock unleashed by the pandemic and the subsequent surge in prices. According to the International Labour Organisation’s Global Wage Report 2024–25, real wages rose by an estimated 2.7 per...
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World Bank bets on innovation to boost global development

07.01.2026
The World Bank Group said it is moving beyond occasional experiments, embedding innovation systematically across its lending, digital platforms and community programmes. An internal review of 7,576 project evaluations conducted by the Independent Evaluation Group between 1998 and 2025 suggests that projects incorporating novel approaches consistently outperform conventional interventions. Innovation, once peripheral, has become central...
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Ogunseye Leads International Airlines Operators Committee

07.01.2026
The International Airline Operators Committee has elected a new executive to manage the affairs of the body, following an election held on November 20, 2025, during its monthly meeting. After deliberations and nominations, Air France/KLM emerged as chairman, with its representative, Mr Damilola Ogunseye, elected to lead the committee. Asky Airline’s representative, Mr Alaba Awe,...
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Nigeria Travel Fraud: Unprofessionalism Affects Travellers

07.01.2026
The Chief Executive Officer of RE360 Agent Development Limited, Elisha Olorunda, says Nigeria’s travel industry is grappling with a critical structural gap that continues to expose citizens to fraud, visa denials and financial losses. Speaking on the state of international travel advisory services in the country, Olorunda said the absence of a structured and professional...
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Firms Face N277bn Funding Gap

07.01.2026
Analysts warn that the pensions industry faces a significant challenge, as it will require about N276.8 billion to meet the new minimum capital requirements set by the National Pension Commission during this first full year of recapitalisation. According to Coronation’s Year in Review and 2026 Outlook on Nigeria, only three Pension Fund Administrators, Stanbic IBTC...
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Port Harcourt Customs Generates N731bn Revenue in 2025

07.01.2026
The Nigeria Customs Service, Port Harcourt II Command, said it collected N731bn as revenue and intercepted 75 containers in 2025. In a statement on Tuesday, the Command’s Public Relations Officer, Theophilus Duniya, a Chief Superintendent of Customs, described the feat as a remarkable milestone in the command’s revenue collection. Duniya explained that in 2025, a...
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Lagos Free Zone & BOI Partner to Boost MSME Exports

07.01.2026
Lagos Free Zone Company (Tolaram) has welcomed the Bank of Industry as a strategic investor, a move expected to accelerate the development of a dedicated hub for Micro, Small, and Medium Enterprises within the zone and promote non-oil exports through its integrated Lekki Deep Sea Port. The investment is positioned to strengthen Nigeria’s industrial ecosystem...
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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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