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NBS Meets Stakeholders on December Inflation Report

12.01.2026
The National Bureau of Statistics is set to engage stakeholders ahead of the release of the inflation data for December. This stakeholders meeting is scheduled to be held on Monday amid multiple projections that the disinflationary trend would be halted temporarily in December over year-end spending and waning base year effects. The PUNCH reported that...
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DisCos abandon metering duty, NERC report reveals

11.01.2026
Electricity distribution companies funded only 90,172 meters nationwide between 2019 and the third quarter of 2025, according to the Nigerian Electricity Regulatory Commission’s Third Quarter 2025 report, underscoring their limited contribution to closing Nigeria’s widening metering gap. This indicates that the DisCos appear to have abandoned one of their duties, which is metering all eligible...
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TCN & AfDB Advance Alaoji–Onitsha Power Line Reconstruction

11.01.2026
The Transmission Company of Nigeria, in partnership with the African Development Bank and the Federal Ministry of Finance, has conducted a sensitisation programme for Project Affected Persons on the proposed reconstruction and upgrade of the Alaoji–Onitsha 330kV Single Circuit Transmission Line. The sensitisation exercise, held between January 6 and 8, 2026, covered 12 local Government...
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FG Budgets N33.9bn for Nationwide Airports Upgrade

11.01.2026
The Federal Government has proposed spending a total of N33,906,953,400 on the rehabilitation and upgrade of airports, runways, aprons, terminals, perimeter fencing, and safety-critical systems across the country in the 2026 fiscal year. The budget document shows that the funds will be deployed to repair cracked runways, expand aprons, fence airports, upgrade instrument landing systems,...
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How Digital Systems in Nigeria Curb Public Service Corruptio

11.01.2026
In this interview with SAMI TUNJI, the Managing Director/Chief Executive Officer of Galaxy Backbone, Prof. Ibrahim Adeyanju, explains how the company is evolving from a government digital infrastructure provider into a full-fledged digital solutions firm, in line with the Federal Government’s drive to fully digitise ministries. Can you share your experience since assuming leadership of...
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Banks & Consumer Stocks to Drive Nigerian Capital Market

11.01.2026
Consumer goods and banking stocks have been highlighted as drivers of opportunities in the Nigerian capital market. This projection was made by the Head of Equities and Alternative Solutions at First Asset Management, Laura Fisayo-Kolawole, at the Nigeria Economic Outlook 2026, organised recently by FirstBank under the title, ‘The Great Recalibration: Mastering Resilience in an...
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Nigeria to boost fibre infrastructure with $460m W’Bank loan

11.01.2026
Nigeria plans to channel $460m, representing about 92 per cent of a $500m World Bank loan, into the capitalisation of a proposed fibre infrastructure company set up to deploy 90,000 kilometres of climate-resilient broadband fibre across the country. This is contained in the Financing Agreement for the Building Resilient Digital Infrastructure for Growth project between...
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Oyedele Clarifies New Nigeria Tax Laws After KPMG Report

11.01.2026
The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has clarified the policy intent behind Nigeria’s newly gazetted tax laws, following concerns raised by KPMG Nigeria, insisting that most issues highlighted by the firm were misunderstandings of policy objectives or disagreements with deliberate reform choices. In a statement issued on Saturday,...
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Dangote petitions EFCC over Farouk Ahmed corruption claims

10.01.2026
The Chairman of Dangote Industries, Aliko Dangote, through his legal representative, has filed a formal corruption petition against the former Managing Director of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, Farouk Ahmed, at the headquarters of the Economic and Financial Crimes Commission. This was disclosed in a statement made available to our correspondent by...
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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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