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Nigeria’s $1.5tn Stranded Capital: An Economic Emergency

23.02.2026
Nigeria may be sitting on between $1tn and $1.5tn in stranded and underutilised capital, according to the Foundation for Peace Professionals, which says the estimate represents one of the largest pools of dormant economic value in Africa. In a statement obtained by The PUNCH on Saturday, PeacePro Executive Director, Abdulrazaq Hamzat, said research reviewed by...
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NSIA & JICA Launch $50m Innovation Fund for Nigerian Startup

23.02.2026
The Federal Government has formalised the launch of a $50m Impact Innovation Fund to support Nigerian startups addressing critical social challenges, following the signing of agreements between the Nigeria Sovereign Investment Authority and the Japan International Cooperation Agency. The signing ceremony, held at the Ministry of Budget and Economic Planning in Abuja on Friday, covered...
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SIA Foundation opens applications for startup cohort in Nige

23.02.2026
The Sola & Ibukun Adeyinka Foundation has officially opened applications for Cohort 3 of its flagship SIA Startup Foundry, a high-impact incubation programme designed to equip early-stage founders with the training, funding, mentorship, and operational capacity required to scale sustainable, investable ventures. Nigeria’s entrepreneurial ecosystem continues to pulse with innovation and ambition, yet thousands of...
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Police Repel Lakurawa Attack At Maje Border

23.02.2026
The Kebbi police command has said that, Security operatives along the Maje border road were attacked by armed bandits suspected to be members of the Lakurawa criminal network. In a statement by the Command’s Public Relations Officer, SP Bashir Usman, said the attackers moved a herd of cattle at night, using it to conceal their...
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Ado Bayero Mall Not For Sale –Mgt

23.02.2026
The management and owners of Ado Bayero Mall, Kano, has debunked reports making the rounds that the Mall is up for sale, warning rumour mongers to stay away from peddling fake reports. Specifically, it categorically stated that the report was not only misleading, but untrue. In a statement signed by David Okpanachi, the general manager,...
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Kano Market Fire Raises Solar Safety Concerns in Nigeria

23.02.2026
The recent fire incident at Singer Market has triggered fresh concerns over safety standards in Nigeria’s fast-growing renewable energy sector, with the Renewable Energy Association of Nigeria cautioning against premature conclusions and announcing a detailed industry-led investigation. The association said it was aware of reports linking the inferno to a possible explosion involving a solar...
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Simi Responds To Trolls Amidst Resurfaced Tweets

23.02.2026
Nigerian musician and songwriter, Simisola Kosoko, known mononymously as Simi, has reacted to social media controversy generated after some of her old social media posts resurfaced. New Telegraph had earlier reported that Simi was dragged on X by users who dug up her old tweets after her stance on the Mirabel case imbroglio. In a...
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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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