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FG Launches Free Tax Dispute Resolution Channels in Nigeria

19.05.2026
The Federal Government on Monday said Nigerian taxpayers can now resolve tax-related disputes free of charge through the newly launched Office of the Tax Ombud platforms aimed at improving fairness, transparency, and accountability in tax administration. The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, disclosed this during the unveiling of the...
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NAHCO Shareholders Applaud Board for Strong Performance

19.05.2026
Shareholders of the Nigerian Aviation Handling Company Plc at the weekend commended the board and management of the ground-handling group for its impressive performance and sustained improvements in returns. At the Annual General Meeting, shareholders approved the payment of N12.18bn in cash dividends and the distribution of 278.44m ordinary shares of 50 kobo each as...
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Expert Blames Fraud for Property Investment Decline in Niger

19.05.2026
The Group Managing Director of Touch of Valentine Homes, a subsidiary of TOV Group Limited, Dr Valentine Mbamalu, has identified poor land documentation and fraudulent transactions as major issues discouraging many Nigerians from investing in property. According to a statement on Monday, Mbamalu stated this in Lagos while speaking in an interview during the launch...
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Nigerian Capital Market Booms with N374bn in Share Trades

19.05.2026
Aggressive market demand propelled the Nigerian capital market upward last week, resulting in a phenomenal N374bn worth of shares changing hands. From heavy banking sector dominance and stellar individual stock performances to critical primary market listings and an active fixed-income segment, here is a comprehensive breakdown of the forces that drove the NGX All-Share Index...
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Investors lose N81bn as bears dominate NGX trading

19.05.2026
The Nigerian equities market opened the week on a marginally bearish note on Monday, as mild profit-taking activity dragged key performance indicators lower on the Nigerian Exchange Limited. At the close of trading, the market capitalisation of listed equities declined slightly by N81bn or 0.05 per cent to close at N160.362tn, down from the N160.443tn...
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Prestige Assurance posts N535m Q1 profit after tax

19.05.2026
Prestige Assurance Plc has announced a profit after tax of N535.57m for the first quarter ended 31 March 2026, representing a seven per cent decline compared to the N574.90m recorded in the corresponding period of 2025. According to the company’s unaudited financial results at a glance, obtained from the NGX on Monday, the dip in...
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Hashim Calls For Broader Counter-Terror Strategy

19.05.2026
A former presidential candidate, Gbenga Hashim, has called for a more comprehensive and coordinated counterterrorism strategy following the reported killing of a senior Islamic State commander, Abu Bilal al-Minuki, in a joint operation involving the United States and the Nigerian Armed Forces. Hashim, in a statement described the development as a clear demonstration of the...
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Insecurity is Top Business Challenge in Nigeria: CBN Survey

19.05.2026
Businesses across Nigeria have identified insecurity as their biggest operational challenge in April 2026, ahead of multiple taxation, high interest rates, and bank charges, according to the latest Business Expectations Survey released by the Central Bank of Nigeria. The report stated that “survey responses for April 2026 indicated that insecurity (74.1), high/multiple taxes (70.5), high...
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Nigerian Crude Nears $120 Amid US-Iran Crisis

19.05.2026
Nigerian crude is again edging towards $120 per barrel as the conflict in the Middle East shows no sign of ending. The PUNCH reports that data from the Central Bank of Nigeria showed that Bonny Light, Nigeria’s flagship crude oil grade, traded at about $117 per barrel, gradually returning to its April level when prices...
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Makinde And His 2027 Gamble

19.05.2026
The race to the presidency in 2027 is getting more exciting. Last Thursday, May 14, at the ancient Mapo Hall in Ibadan, the Oyo State capital, Governor Seyi Makinde formally threw his hat into the ring and organised a spectacle that could only have been funded by Oyo State taxpayers’ money. His declaration to contest...
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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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