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NAF Commends LAWMA for Swift Waste Evacuation in Lagos

23.03.2026
The Nigerian Air Force Base, Ikeja, has commended the Lagos Waste Management Authority for its swift intervention in evacuating accumulated waste within the Base environment. The Director of Public Affairs at LAWMA, Mukaila Sanusi, announced this in a statement obtained by The PUNCH. According to the statement, the Commander of the 651 Base Services Group,...
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FX trades drive FMDQ turnover to N60.77tn in January

23.03.2026
FMDQ Group recorded a massive total turnover of N60.77tn for the month of January as the Nigerian financial markets opened 2026 with a surge in liquidity. The performance, detailed in the 136th edition of the FMDQ Spotlight newsletter, underscores a market increasingly driven by foreign exchange activity and high-level institutional participation. Data reveals a market...
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Elumelu Foundation Disburses $100m to African Entrepreneurs

23.03.2026
The Tony Elumelu Foundation has disbursed a total of $100m to support about 24,000 young entrepreneurs across 54 African countries since it launched its flagship programme in 2015. The Chief Executive Officer of the foundation, Somachi Chris-Asoluka, disclosed this on Saturday during a virtual press conference held to announce the 2026 cohort of 3,200 beneficiaries...
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Akwa Ibom IGR Hits N7bn Monthly After TSA Implementation

23.03.2026
Akwa Ibom State Governor, Umo Eno, has expressed satisfaction with the performance of the Treasury Single Account policy, revealing that in just three months the state’s internally generated revenue has climbed from N2bn to N7bn monthly. The TSA policy, introduced on January 1, 2026, mandates all Ministries, Departments and Agencies to remit all government revenues...
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Elumelu Entrepreneurship Programme Unveils Its 2026 Cohort

23.03.2026
Billionaire philanthropist and Heirs Holdings Chairman, Tony Elumelu, on Sunday marked his birthday by announcing the 12th cohort of the Tony Elumelu Foundation Entrepreneurship Programme, which supports thousands of young African founders. In a post shared on Sunday via his X handle, Elumelu reflected on his personal journey and the philosophy behind the initiative. He...
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NLC Rejects N6tn Power Sector Bailout, Demands Reform

23.03.2026
The Nigeria Labour Congress has rejected the proposed N6 trillion bailout for power generation companies, saying repeated financial interventions have not improved electricity supply nationwide. The NLC President, Joe Ajaero, said this in a statement on Sunday in Abuja, calling for urgent structural reforms in the energy sector. “The proposed N6 trillion bailout is a...
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CBN Wins Global Central Bank of the Year Award for Reforms

23.03.2026
The Central Bank of Nigeria has been named the global “Central Bank of the Year” at the 2026 Central Banking Awards, following sweeping monetary and structural reforms that have helped stabilise the country’s economy after years of policy distortions. This was disclosed in a statement by the Central Banking Awards Committee, obtained by The PUNCH...
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Tony Elumelu Foundation funds 3,200 African entrepreneurs

23.03.2026
The Tony Elumelu Foundation has committed $16m in seed funding to support 3,200 young entrepreneurs across Africa under its 2026 entrepreneurship programme. Announcing the development on Sunday in Abuja, the Chief Executive Officer of the Foundation, Somachi Chris-Asoluka, said that “the total for 2026 includes 3,200 entrepreneurs who will receive $16m from the Tony Elumelu...
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Cutix notifies NGX of executive shake-up, names successors

23.03.2026
Cutix Plc has officially notified the Nigerian Exchange Limited, its shareholders, and the investing public of a significant transition within its top-tier management, a strategic move aimed at ensuring organisational stability. The Nnewi-based cable manufacturing giant confirmed the departure of its Chief Executive Officer, Mrs Ijeoma Oduonye, and its Chief Financial Officer, Mr Chidi Onwudiwe,...
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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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