February 2026 – Page 5

CBN: Consumer Credit Fell By 13.32% To N3.19trn In November

28.02.2026

Consumer credit outstanding declined by 13.32 per cent to N3.19 trillion in November 2025 from N3.68 trillion in the preceding month, the Central Bank of Nigeria (CBN) has said. The apex bank disclosed this in its November 2025 economic report released on Friday. Consumer credit refers to no-collateral, short and intermediate-term loans, extended by banks...

NGX Gains N17.6trn In 1 Month As Market Rally Lifts ASI

28.02.2026

The Nigerian equities market delivered a strong performance between January 30 and February 27, as investors drove a broad-based rally that added more than N17.6 trillion to market capitalisation within the period. Data from the Nigerian Exchange (NGX) Daily Official Lists show that total market capitalisation rose from N106.15 trillion on January 30 to N123.76...

Fintiri’s Defection Long Expected, Says PDP

28.02.2026

The Peoples Democratic Party (PDP) said the defection of Adamawa State governor Ahmadu Fintiri, to the All Progressives Congress (APC), was long expected. The party in a statement by the National Publicity Secretary Ini Emembong, noted that though the governor had severally denied the defection rumour, his announcement on Friday in a broadcast confirmed that...

Defection: Nigerians Changing Political Party For Survival

28.02.2026

Former Nigerian Vice President, Alhaji Atiku Abubakar, on Friday, said millions of Nigerians are changing political allegiance for the sole aim of survival. Atiku, 2023 Presidential Candidate of the People Democratic Party (PDP), made this remark in a statement released by his media office in reaction to the defection of Governor Ahmadu Fintiri of Adamawa...

Solar Panel Import Ban May Deepen Energy Crisis, Stakeholders Warn

28.02.2026

Stakeholders in Nigeria’s renewable energy sector have warned that a proposed ban on solar panel imports could deepen the country’s energy crisis, increase electricity costs, and slow progress toward universal power access if implemented prematurely. The warning came at the launch of a national renewable energy advocacy campaign organised by the Global Initiative for Food...

Group Warns Against Smear Campaigns On Adejoh

28.02.2026

The Global Integrity Crusade Network (GICN), a pro-democracy and anti-corruption civil society organisation comprising lawyers, has exonerated Dr Peter Adejoh, a governorship aspirant under the African Democratic Congress (ADC) in Benue State, of allegations related to the defunct Peach & Prime foreign exchange trading platform. In a statement signed by its President, Edward Omaga Esq.,...

Awosika, Banigbe For Rhema Chapel Yaba Limit Breakers Conference

28.02.2026

This weekend serves a bumper event for the members of Rhema Chapel, Yaba, Lagos as seasoned speakers; Mrs. Ibukun Awosika and 9Mobile’s Obafemi Banigbe, take charge of the stage with a top-class programme tagged; “The Limit Breakers Conference.” The theme of the 2026 event is “Designed for More,” and comes with a heavy dose of...

CAC Ambassador Hails Commission’s Digital Transformation

28.02.2026

An Ambassador of the Corporate Affairs Commission (CAC), Mr Michael Nwabufo, has applauded the Commission’s digital transformation, describing it as a defining milestone in Nigeria’s economic history, while also calling for stronger regulation for crypto vendors to protect players across the country. While emphasising the need for regulatory discipline and compliance, especially in emerging sectors...

S’South ADC Leaders Endorse Amaechi’s Presidential Ambition

28.02.2026

The South-South leaders of the People’s Democratic Congress (ADC) have endorsed the presidential ambition of the former Governor of Rivers State and immediate past Minister of Transportation, Rotimi Amaechi. The National leader of the party and former Governor of Edo State, John Odigie-Oyegun, made this revelation on Friday during the ADC South-South leaders’ consultative meeting held...

Tunji Disu Is Round Peg In Round Hole, Says Odumakin

28.02.2026

The appointment of Tunji Disu as the Acting Inspector-General of Police by President Bola Tinubu has been described as a round peg in a round hole. This was stated in a statement by a human rights activist and President of Women Arise for Change Initiative, Dr Joe Odumakin, who added that the new police helmsman...

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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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Latest News

CBN: Consumer Credit Fell By 13.32% To N3.19trn In November

NGX Gains N17.6trn In 1 Month As Market Rally Lifts ASI

Fintiri’s Defection Long Expected, Says PDP

Defection: Nigerians Changing Political Party For Survival

Solar Panel Import Ban May Deepen Energy Crisis, Stakeholders Warn

Group Warns Against Smear Campaigns On Adejoh

Awosika, Banigbe For Rhema Chapel Yaba Limit Breakers Conference

CAC Ambassador Hails Commission’s Digital Transformation

S’South ADC Leaders Endorse Amaechi’s Presidential Ambition

Tunji Disu Is Round Peg In Round Hole, Says Odumakin

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