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Nigeria Should Be The Ultimate Winner In 2027- Adebayo

The 2023 presidential candidate of the Social Democratic Party (SDP), Prince Adewole Adebayo, on Thursday, said he and President Bola Ahmed Tinubu don’t have to win the 2027 presidential election, stressing that Nigeria should be the ultimate winner. Adebayo made this remark while speaking at an Iftar gathering attended by SDP leaders and other opposition figures...
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30 Banks Meet Nigeria’s Recapitalization Threshold

The Central Bank of Nigeria has officially confirmed that 30 banks have successfully met the new minimum capital requirements under the ongoing banking sector recapitalisation programme. The announcement was made on Thursday by CBN Governor Olayemi Cardoso during a Distinguished Alumni Lecture at St Gregory’s College, Lagos. It marks a critical milestone as the 31...
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AI Fuels $38.9bn Surge in Global Telecom Fraud

Telecommunications companies are facing a growing surge in fraud that cost the industry an estimated $38.9bn in 2023, as artificial intelligence enables criminals to scale and sophisticate their operations, PricewaterhouseCoopers said in a report. The study, titled “AI’s Dual Role in Telecom Fraud”, said rapid technological advances are reshaping the threat landscape, allowing attackers to...
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Telecom & Energy Firms Exploit Nigerians Most

Energy, fintech, and telecommunications companies generate the highest number of consumer complaints in Nigeria, the Federal Competition and Consumer Protection Commission has declared. The agency’s Executive Vice Chairman, Tunji Bello, made this known on Thursday while briefing State House correspondents at the Aso Rock Presidential Villa, Abuja. Bello said the commission had received thousands of...
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States Urged to Revive Modular Refineries in Nigeria

The Lagos Chamber of Commerce and Industry has urged state governments to rehabilitate existing state-owned modular refineries and encourage more refining projects to deepen competition in Nigeria’s downstream petroleum sector. The chamber stated that increasing the number of operational refineries would help moderate petrol prices naturally and alleviate concerns about market dominance. This follows an...
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Interest rate cut offers gradual relief for manufacturers

The recent decision by the Central Bank of Nigeria to reduce the benchmark interest rate by 50 basis points signals gradual relief for manufacturers, according to the Managing Director and Chief Executive Officer of Coleman Technical Industries Limited, George Onafowokan. In a statement, Onafowokan noted that the decision marks a shift from aggressive monetary tightening...
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‘My Wife, Babymama Were Never Friends’

Ace Nigerian actor and film producer, Segun Ogungbe, known for his dynamic acting in the Yoruba movie industry, has cleared the air about the rumour surrounding his marital life. The actor, who spoke as a guest in a recent interview shared on Thursday, refuted claims that his wife, Tinuke, and his babymama, Wunmi Ajiboye, were friends. According...
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GAWIM Urges Mentorship for Women in Healthcare Leadership

The organisers of the Global Africa Women in Medicine Summit have emphasised the need for mentorship and leadership development among female doctors to drive transformation in Africa’s healthcare sector. The call comes ahead of the 2026 Global Africa Women in Medicine Summit, organised by the Excellence in Medicine Ladies Network, which aims to strengthen leadership...
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Homegrown Talent Drives Hospitality Growth in Nigeria

Nigeria’s hospitality sector is entering a phase of rapid growth, driven by a combination of homegrown leadership and partnerships with global hotel brands. With over 3,700 new rooms projected to come online by 2029, investors and operators are turning to professional management models to scale operations efficiently while meeting evolving customer expectations. The Chief Operating...
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I apologise for saying no heaven without tithe – Adeboye

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

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

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...