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FG Rules Out Nigeria Fuel Subsidy Return Amid Global Tension

07.05.2026
The Federal Government has ruled out a return to fuel subsidies and the introduction of price control despite rising global oil prices triggered by tensions between the United States and Iran. The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, spoke during engagements with global investors in Paris, where he highlighted Nigeria’s...
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Lagos to introduce on-street parking scheme by 2026

07.05.2026
Motorists in Lagos will soon begin paying to park on designated streets, as the Lagos State Parking Authority moves to introduce a regulated on-street parking scheme before the end of 2026. The General Manager of LASPA, Adebisi Adelabu, disclosed this during a stakeholder engagement visit to the Chairman of Ikeja Local Government Area, Akeem Dauda,...
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COWA launches tree-planting campaign in Owerri

07.05.2026
The Customs Officers’ Wives Association, Federal Operations Unit Zone C, Owerri Chapter, has joined the nationwide green border initiative tree planting campaign, tagged “Plant 1000 Trees in 1 Hour”. According to a Monday statement obtained by The PUNCH, the project initiated by the National President of COWA, Mrs Kikelomo Adeniyi, aims to educate and enlighten...
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APMT Proposes $600m Maritime Investment in Nigeria

07.05.2026
The Federal Government, through the Nigerian Shippers Council, said it has received a proposal for an additional $600m investment into the nation’s maritime industry by the APM Terminals Apapa, The PUNCH reports. According to a statement on Wednesday, the Executive Secretary and Chief Executive Officer of the Nigerian Shippers Council, Dr Pius Akutah, disclosed this...
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Nigerdock Committed to Investment & Excellence, says CEO

07.05.2026
The Chief Executive Officer of Nigerdock, Maher Jarmakani, has stated that the company’s journey has been one of resilience, constant reinvestment, and an unwavering commitment to excellence. This was contained in a recent statement by the Chief Marketing Officer of Nigerdock FZE, Kevin Johnson-Azuara, obtained by The PUNCH. According to the statement, Jarmakani stated this...
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UBA & Partners Launch Cross-Platform Payments in Nigeria

07.05.2026
United Bank for Africa, MoMo PSB, and Redtech have announced a strategic payment interoperability partnership. The collaboration aims to dismantle the long-standing barriers between bank-led merchant acceptance and telco-led mobile money wallets, starting in Nigeria with immediate plans for a Pan-African rollout. The partnership integrates MoMo PSB’s massive wallet ecosystem with UBA’s extensive merchant-acquiring network...
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Nigerian Banks’ Earnings Rise to N18.2tn Despite Profit Dip

07.05.2026
Nigeria’s largest banks delivered a mixed but ultimately reassuring set of financial results in 2025, with balance sheet expansion and revenue growth offset by a sharp, policy-driven hit to profitability. According to the 2025 audited financial statement for the period ended 31 December, tier-one lenders’ gross earnings rose broadly, with the total amount collectively rising...
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Enugu DisCo Repairs Feeders After Storm Causes Power Outage

07.05.2026
MainPower Electricity Distribution Limited says it has begun the repair of feeders affected by a heavy rainstorm in the Enugu metropolis. The company said no fewer than 12 communities in the metropolis were plunged into darkness following a heavy rainstorm and strong winds that damaged key electricity infrastructure on Sunday afternoon. The outage, which disrupted...
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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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