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Nigeria’s External Debt Consumes N136bn of Jan Revenue

18.03.2026
External debt obligations gulped a total of N136.54bn from revenues generated by the federation in January 2026, according to Federation Account Allocation Committee documents analysed by The PUNCH. The amount was deducted at source from the gross revenue for the month before distribution in February 2026, effectively reducing the net FAAC allocations available to the...
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Oil Prices Soar Amid Strait of Hormuz Tensions

18.03.2026
Crude oil prices remained around $100 per barrel on Tuesday as United States President Donald Trump and NATO allies differed on the struggle to keep the Strait of Hormuz open for vessels transporting oil. Trump on Tuesday said the United States had been informed by most of its NATO allies that they did not want...
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Dangote & Marketers Collaborate on Nigeria’s Fuel Supply

18.03.2026
The Dangote Petroleum Refinery partnered with major fuel marketers to safeguard nationwide supply and reduce risks associated with a single-source system, the Major Energies Marketers Association of Nigeria has said. Speaking during a MEMAN webinar on Tuesday, the association’s Chairman, Hubb Stokman, said the supply arrangement with marketers was designed to improve efficiency and address...
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Nigeria ranks high in fastest-growing global connectedness

18.03.2026
Nigeria, Zambia and Namibia are among the economies recording the fastest gains in global connectedness, underscoring the growing integration of Sub-Saharan Africa into international trade, investment and people flows, according to the DHL Global Connectedness Report 2026. The report, published by logistics firm DHL in partnership with New York University’s Stern School of Business, found...
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NovaGrad AI Makes Studying Abroad Easier for Students

18.03.2026
NovaGrad, an artificial intelligence-powered platform created by UK-based Prodigy Finance, is helping students in Africa and Latin America navigate the complex process of studying abroad by identifying common planning mistakes that can derail applications. The platform said many applicants lose opportunities at overseas universities not because of academic ability but due to early decisions that...
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EasyBuy recruits 10,000 developers nationwide

17.03.2026
Africa’s leading smartphone and electronics financing provider, EasyBuy, has announced a massive recruitment drive to onboard 10,000 new business developers across Nigeria. The initiative, titled the Easybuy Sales Talent Programme, aims to empower a diverse range of Nigerians, from young graduates and sales professionals to stay-at-home mothers and POS operators, with the tools to achieve...
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NSIA Insurance Celebrates Mother’s Day with CSR Initiative

17.03.2026
As part of its commitment to community wellbeing and social impact, NSIA Insurance marked Mother’s Day 2026 with a special outreach to new and expectant mothers at Gbagada General Hospital, providing essential mother-and-baby care items to support families at the start of their motherhood journey. The initiative builds on the success of similar visits carried...
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PwC & LBS Partner for Corporate Sustainability Training

17.03.2026
PwC Nigeria and the Lagos Business School have signed a Memorandum of Understanding to launch specialised capacity-building programmes focused on sustainability and climate change. The partnership, formalised on 12 March 2026, aims to bridge the critical knowledge gap currently facing many Nigerian organisations. By combining PwC’s extensive advisory experience with the academic rigour of LBS,...
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Naira Exchange Rate Holds Steady at N1,400/$ This Week

17.03.2026
The Nigerian naira began the trading week with a display of relative stability, maintaining a flat position in the parallel market, where the average Bureau de Change rate closed at N1,400 per United States dollar on Monday. This unchanged rate provides a brief respite from the volatility that has frequently impacted the informal foreign exchange...
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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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