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Nigeria’s Cash Circulation Stabilises After CBN Reforms

05.01.2026
Nigeria’s cash supply has shown signs of stability following recent regulatory reforms by the Central Bank of Nigeria, easing seasonal pressures while reshaping how banks manage currency distribution nationwide, JUSTICE OKAMGBA writes The Central Bank of Nigeria has intensified efforts to reinforce operational discipline across the financial system, with a renewed focus on ensuring that...
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itel & Pantone Unveil Cloud Dancer Tech Gadget Collection

05.01.2026
Itel, the global tech empowerment brand, has partnered with Pantone—an authority on colour standards—to launch a limited-edition collection inspired by PANTONE 11-4201 Cloud Dancer, the newly announced Colour of the Year for 2026. In a statement signed by the PR Supervisor at itel Nigeria, Simeon Shagba, the collaboration introduces this airy, bright white shade—evoking fresh...
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Fidelity Bank Names Amaka Onwughalu New Board Chairman

05.01.2026
Fidelity Bank Plc has announced the completion of the tenure of its Board Chairman, Mr Mustafa Chike-Obi, and the appointment of a new chairman, Mrs Amaka Onwughalu. This was contained in a notice signed by Company Secretary, Ezinwa Unuigboje, and sent to the Nigerian Exchange Limited on Friday. According to the notice, Chike-Obi, a Non-Executive...
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Afrinvest rebrands Optimus to PlutusNeo for investors

05.01.2026
Investment management firm Afrinvest has announced the rebranding of its digital investment platform, Optimus by Afrinvest, to PlutusNeo by Afrinvest. In a statement on Friday, the rebranding was described as the next phase of the firm’s digital strategy, focused on expanding access to wealth creation. The digital platform, first launched in 2022, was created to...
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NAMA Assures Harmattan Flight Safety Across Nigeria’s Airspa

05.01.2026
The Nigerian Airspace Management Agency has reassured air travellers that Nigeria’s airspace and airport landing facilities remain safe and fully operational during the current haze associated with the harmattan season. In a Friday statement signed by the spokesperson of the agency, Dr Abdullahi Musa, the agency addressed public concerns over flight operations amid reduced visibility...
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N590bn Power Bond Nigeria Lifts Hopes for Gas Suppliers

05.01.2026
Savannah Energy has stated that the Federal Government’s recent N590bn bond issuance to settle part of the outstanding electricity market debts has revived hopes of improved payments to gas suppliers operating in Nigeria’s power sector. The British independent energy company made this known in its operational and financial update for the 11 months ended November...
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Lagos Hotel Rates Soar to N205,534 as Supply Lags

05.01.2026
Average hotel room rates in Lagos have climbed to a record N205,534, a sign of how quickly business and corporate travel is returning to Nigeria’s commercial capital, even as new hotel supply lags. Data from Estate Intel’s Lagos Real Estate Development Pipeline Report 2025/2026 shows demand rebounding faster than the city’s ability to add rooms....
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Nigeria’s Construction Output Rises on Investor Confidence

05.01.2026
The construction sector generated N13.83tn in nominal terms to Nigeria’s Gross Domestic Product in the first nine months of 2025, recording a real growth rate of 5.57 per cent, higher than the country’s aggregate GDP growth of 3.98 per cent. Stakeholders attributed the performance to recovery from economic reforms, higher subnational revenues, and rising investor...
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Oyo APC Alleges Fresh Corruption Revelations Against Makinde

05.01.2026
The All Progressives Congress (APC) in Oyo State has alleged that more “startling revelations of fund mismanagement” and other shady dealings by the administration of Governor Seyi Makinde are imminent. The opposition party made the claim following reports that the Oyo State Government received N30 billion from the Federal Government to cushion the effects of...
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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
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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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