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11 states see prices spike 20%+

20.05.2026
Food inflation remained above 20 per cent in 11 states in April 2026, even as national food inflation surpassed headline inflation for the first time in eight months, signalling renewed pressure on household purchasing power across the country. Data from the latest Consumer Price Index report released by the National Bureau of Statistics showed that...
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Asaba Airport Launches Automated Parking System with Intersw

20.05.2026
Interswitch, an integrated digital payments and commerce company, has partnered with the Asaba Airport Company to deploy a smart parking system aimed at improving operational efficiency and passenger experience at the Asaba International Airport. The solution, known as the Interswitch Parking Management Platform, introduces a fully automated parking and access control system designed to streamline...
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Sterling Financial Assets Cross N4tn in Q1 2026 Results

20.05.2026
Sterling Financial Holdings Company Plc has sustained its aggressive growth trajectory, with its total assets crossing the historic N4tn threshold for the first time in the first quarter ended 31 March 2026. According to the group’s latest financial statements, total assets hit N4.07tn in Q1 2026, building on the N3.91tn closed at the end of...
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CIBN Lagos Branch Assets Grow to N264m, Retains Top Rank

20.05.2026
The Chairman of the Chartered Institute of Bankers of Nigeria, Lagos State Branch, Akinwunmi Lawal, has announced steady financial growth for the branch, noting that it maintained its leading position among all branches of the institute during the 2025 financial year. Speaking during the 2026 Annual General Meeting of the branch in Lagos, Lawal said...
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CIBN Lagos Branch Assets Grow to N264m, Retains Top Rank

20.05.2026
The Chairman of the Chartered Institute of Bankers of Nigeria, Lagos State Branch, Akinwunmi Lawal, has announced steady financial growth for the branch, noting that it maintained its leading position among all branches of the institute during the 2025 financial year. Speaking during the 2026 Annual General Meeting of the branch in Lagos, Lawal said...
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CBN Monetary Policy: Analysts Predict Tightening Stance

20.05.2026
Financial analysts and economists at Meristem Securities Limited said the Monetary Policy Committee of the Central Bank of Nigeria is expected to maintain its current monetary policy stance at its upcoming meeting, balancing a delicate tightrope between re-emerging domestic inflation and a global energy shock triggered by escalating Middle East conflicts. The analysts stressed that...
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Lagos Electricity Plan to End Customer Band Classification

20.05.2026
The Lagos State Government says it is planning to phase out the classification of electricity customers into different bands as introduced by the Nigerian Electricity Regulatory Commission in 2024. In April 2024, NERC placed electricity customers into bands A to E. Band A customers are premium customers mandated to pay the real cost of electricity...
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FG Spots Structural Gaps In VAT, WHT By State Govts, GOEs

20.05.2026
The Federal Government has spotted structural defects with respect to remittances and improper deduction of Value Added Tax (VAT) and Withholding Tax by several state governments and Government-Owned Enterprises (GOEs). It raised this concern on Tuesday in Abuja during the national workshop on strengthening tax compliance under the new tax regime, organised by the Government...
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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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