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SEC Fast-Tracks Insurance Recapitalisation, 14-Day Approvals

08.09.2025
The Securities and Exchange Commission has created a dedicated desk to fast-track approvals for insurance sector recapitalisation, pledging to deliver decisions within 14 days of complete submissions. This was disclosed at the end of the 19th Insurers’ Committee meeting by the Head of the Communication and Stakeholders Management Sub-Committee of the Insurers’ Committee, Ebelechukwu Nwachukwu,...
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Nigeria Stock Market Sheds N833bn in Holiday Week

08.09.2025
The Nigerian Exchange closed the week ending Thursday on a negative note, as investors lost a total of N833bn in a holiday-shortened trading week. Trading on the Exchange was cut to four days following the Federal Government’s declaration of Friday, September 5, as a public holiday to mark the Eid el Maulud celebration. At the...
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RTEAN Partners with Security Agencies to Enhance Highway Saf

08.09.2025
The Road Transport Employers Association of Nigeria has said it is working closely with security agencies to tackle criminal activities on the nation’s highways. According to the association, transporters and unionists are cooperating with security operatives to ensure that criminals are apprehended, noting that there has been “a lot of improvement than what was obtainable...
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Apapa Customs Seize Billions Worth of Contraband in 15 Month

08.09.2025
The Nigeria Customs Service, Apapa Area Command, has made significant strides in intercepting contraband and generating revenue for the government. According to a document analysing the achievements of Babatunde Olomu as the Customs Area Controller of the command, the Apapa Command seized 75 different contrabands within the last 15 months. These seizures include assorted rifles,...
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Cowrywise & Meristem Launch New Stock Investment Platform in

08.09.2025
Cowrywise, a leading investment technology firm in Nigeria, in partnership with its sister company, CFTL Digital, a licensed digital sub-broker, and Meristem Stockbrokers Limited, has launched a new stock investment platform aimed at expanding access to wealth-building opportunities for Nigerians. The alliance combines Cowrywise’s digital innovation with Meristem’s trusted market infrastructure to allow Nigerians to...
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Nigeria Business Growth Continues Despite Rising Costs in Au

08.09.2025
Nigerian businesses maintained an expansionary path in August 2025, with the latest NESG–Stanbic IBTC Business Confidence Monitor showing the Current Business Index inching up to 107.3 points from 105.4 in July. The improvement was driven by stronger activity in manufacturing, services, trade, and non-manufacturing sectors. However, these gains were tempered by a rising cost of...
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NRC Suspends Port Harcourt-Aba Train Services for Maintenanc

07.09.2025
The Nigerian Railway Corporation has suspended train services along the Port Harcourt–Aba corridor, citing “routine maintenance” as the reason for the abrupt shutdown. The announcement came through a statement personally signed by NRC’s Managing Director, Dr Kayode Opeifa, on Friday. According to the statement, operations on the route will remain suspended until September 9, 2025,...
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Traders Seek 90-Day Export Window

07.09.2025
The National Association of Shea Products of Nigeria has warned that the Federal Government’s recent temporary ban on the exportation of raw shea nuts could trigger massive wastage and financial losses in the industry if not carefully managed. The ban, announced on August 26, 2025, aims to promote value addition, curb smuggling, and transform rural...
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No January 2026 Start Date Confirm

07.09.2025
For days, Nigerians have been bracing themselves for yet another increase in the cost of living: a five per cent surcharge on petrol and diesel, rumoured to take effect in January 2026. But the government has pushed back against the reports, insisting the levy has no fixed start date. The clarification came from the Chairman...
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Fuel Scarcity Threat Looms as NUPENG, Dangote Clash

07.09.2025
Nigerians may experience fuel scarcity next week as tanker drivers under the umbrella of the Nigeria Union of Petroleum and Natural Gas Workers threaten to stop fuel loading over the seeming cold war between them and the management of the Dangote Petroleum Refinery. The crisis is arising from the plan by the Dangote refinery to...
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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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