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ARM Launches N200bn Private Debt Fund for Nigerian SMEs

13.01.2026
ARM Investment Managers has unveiled a N200bn private debt programme aimed at expanding access to long-term financing for small and medium-sized enterprises in Nigeria. The Chief Executive Officer of the ARM Private Debt Fund, Deji Opeola, disclosed this on Monday during the launch of the SME financing initiatives in Lagos. He announced the launch of...
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Nigeria’s Aviation Budget Cut Despite Infrastructure Needs

13.01.2026
The Federal Government has appropriated a total of N87,309,964,483 to the Ministry of Aviation in the 2026 budget submitted to the National Assembly for the fiscal year. The allocation represents a decline from the N105,953,496,365 budgeted for the ministry in 2025, indicating a decrease of N18.6bn, despite the push and calls for more infrastructure development...
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RusselSmith secures NIPC pioneer status for manufacturing

13.01.2026
RusselSmith, an ISO-certified provider of innovative asset integrity and advanced manufacturing solutions for critical industries in Africa, on Monday announced that it has been granted pioneer status for additive (3D) manufacturing by the Nigerian Investment Promotion Commission. In a statement, the firm said the designation is in recognition of the company’s pioneering activities in deploying...
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Saudi Airlines Abandons 401 Passengers in Abuja

13.01.2026
Saudi Airlines has come under intense criticism after abandoning 401 Kano-bound passengers at the Nnamdi Azikiwe International Airport, Abuja, for close to 48 hours, triggering tension and security concerns. The Nigerian Civil Aviation Authority confirmed that bad weather in Kano forced the airline to divert to Abuja, but noted that it failed to make adequate...
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How Banks & Fintechs Drive Financial Inclusion in Nigeria

13.01.2026
The Managing Director of FairMoney Microfinance Bank, Henry Obiekea, has said that structural harmony between banks and fintechs would help to deepen financial inclusion and drive the $1tn economic ambition of the Federal Government. This was disclosed in a thought leadership piece, which he authored and was made available to The PUNCH on Monday. According...
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Economic Reforms Drive Nigeria’s BOP Rebound & FX Inflows

13.01.2026
Ongoing economic reforms in Nigeria are gradually reshaping the external sector, reversing deficits, strengthening foreign exchange inflows, and restoring investor confidence across trade, reserves, and capital markets, JUSTICE OKAMGBA writes The reforms in Nigeria’s financial sector have supported the expansion of the Balance of Payments surplus, alongside rising diaspora remittances and stronger inflows into external...
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African startup funding hits nearly $20bn in seven years

13.01.2026
By the close of 2025, Nigerian startups and their counterparts across Africa had secured nearly $20bn in funding over a seven-year period. This was disclosed in the review of 2025 by Africa: The Big Deal, a platform that tracks startup ecosystem activities on the continent. According to compiled data tracking fundraising activity since 2019, more...
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Tech Innovator Deploys AI for Disability Inclusion

13.01.2026
In a move highlighting his commitment to using technology for social good, Nigerian-born tech innovator Hanu Agbodjie has donated AI-powered smart glasses to hearing-impaired Nigerians, as part of efforts to expand access to opportunities and promote social inclusion for persons living with disabilities. The first beneficiaries of the initiative are Joylyn Oge Jacobson, a Lagos-based...
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NBS to Normalise December Inflation Data Over Projected Spik

13.01.2026
The National Bureau of Statistics has said that it would ‘normalise’ Nigeria’s inflation data for December 2025 over a projected spike in last month’s Consumer Price Index. This was disclosed on Monday during a virtual stakeholders engagement convened by the NBS and the Nigerian Economic Summit Group NBS explained that the expected spike in inflation...
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Heirs Technologies Gets NRS Accreditation for E-Invoicing

13.01.2026
Heirs Technologies has secured accreditation from the Nigeria Revenue Service as a System Integrator for the Federal Government’s mandatory e-invoicing regime. According to a statement from the firm on Monday, this appointment positions the company as one of the authorised partners to help businesses comply with the Merchant Buyer Solution framework. The PUNCH reports that...
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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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