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OPay Partners Google, Expands N1.2bn Scholarship Programme

OPay, in partnership with Google, is expanding its N1.2bn scholarship programme to include an Innovation Challenge. The fintech company has officially opened applications for the 2026 edition of the programme, now called OPay Scholars, continuing its N1.2bn, 10-year commitment to supporting education across Nigeria. The expansion is designed to empower students with practical skills, encourage...
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Tantalizers acquires Nigeria’s largest fisheries firm

Tantalizers Plc has reached a preliminary agreement to acquire Nigeria’s largest indigenous fisheries group in a major move that deepens the emerging foodtainment conglomerate’s diversification into Nigeria’s blue economy. The board of Tantalizers announced in a Sunday statement that it has completed a Memorandum of Understanding with Karflex Fisheries Limited and Karflex Investment Limited to...
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FG cancels $717m World Bank power loan amid blackouts

The Federal Government has cancelled $717.7m in undisbursed World Bank financing for Nigeria’s troubled electricity sector, effectively terminating the remaining portion of a $1.52bn power sector recovery programme amid mounting tariff shortfalls, worsening financial pressures, and persistent implementation challenges across the industry. Documents obtained by The PUNCH from the World Bank website on Monday showed...
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NCAA Issues Ebola Alert to Airlines, Airport Operators

The Nigeria Civil Aviation Authority has issued a public health advisory to airlines, air navigation service providers, and aerodrome operators following the outbreak of Ebola Virus Disease in parts of the Democratic Republic of the Congo and Uganda. In a directive signed by the Director-General of Civil Aviation, Chris Najomo, and obtained by our correspondent,...
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Agric, telecoms drive 3.89% growth

Nigeria’s economy expanded by 3.89 per cent in real terms in the first quarter of 2026 amid a decline in crude oil production, with growth driven largely by agriculture, telecommunications, financial services, construction, and trade activities. Data released by the National Bureau of Statistics on Monday showed that the country’s Gross Domestic Product grew faster...
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Seme Customs Generates N9.798bn in Revenue

The Customs Area Controller in charge of the Seme Area Command of the Nigeria Customs Service, Abdullahi Kaila, has stated that the command collected N9.789bn in revenue between March 2026 and the present date. Kaila stated this on Monday at the command in Seme while addressing journalists on the command’s operational activities and achievements in...
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Nigerians Praise LOTUS Bank for Subsidising Festive Ram

Thousands of citizens have expressed immense gratitude to LOTUS Bank following the successful conclusion of its flagship 2026 Souq Programme, which offered heavily discounted livestock to families buffering the impact of a challenging economy. The two-day lifestyle and commerce event concluded on Sunday, 24 May 2026, bringing together business owners, vendors, and consumers in a...
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UK Exempts Nigeria from Tougher Russian Fuel Sanctions

The United Kingdom has exempted Nigeria from stricter compliance requirements under its new sanctions targeting fuels refined from Russian crude oil in third countries, according to new guidance released by British authorities and analysed by S&P Global. The new import restrictions, which came into force on May 20, are aimed at closing the so-called “refining...
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Experts Push for Mainland Focus

Stakeholders in the real estate sector have stressed the need for Lagos urban redevelopment in a bid to tackle the rising population explosion in Lagos State. This was the centre of discussion on Thursday in Lagos during an event organised by Exclusive Estate in partnership with BusinessDay. The event was themed ‘Exploring Redevelopment Investment Opportunities...
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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...