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Non-Oil Revenue Soars 40% to N20.6tn in Nigeria

04.09.2025
The Presidency has said Nigeria is firmly on track to meet its annual non-oil revenue target. A statement signed on Wednesday by the President’s Special Adviser on Information and Strategy, Bayo Onanuga, cited new figures showing a sharp rise in collections driven by fiscal reforms, tax compliance, and digitised revenue systems. The statement was titled...
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ICAN Inaugurates Samuel Ayeni as 12th Chairman

04.09.2025
The Ikorodu District Society of the Institute of Chartered Accountants of Nigeria has inaugurated Samuel Ayeni as its 12th chairman, urging members to uphold the institute’s high examination standards and professional ethics. Speaking at the investiture ceremony recently, Chairman of the Planning Committee, Kareem Adegoke, described the event as more than a leadership transition, calling...
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Piracy Attempt Foiled Near Lome, Togo

04.09.2025
The Nigerian Maritime Administration and Safety Agency said it has received an alert from the Maritime Domain Awareness for Trade Gulf of Guinea Watchkeepers regarding an attempted boarding of the Malta-flagged chemical tanker, Endo Ponente, at position 05°10’N, 001°23’E, close to Lome Port, Togo. NIMASA announced this in a statement on Friday by its Head...
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Nigeria Tackles Rogue Digital Lenders with New Regulations

04.09.2025
The Federal Competition and Consumer Protection Commission has launched a major crackdown on rogue digital lenders with the introduction of tough new regulations aimed at cleaning up Nigeria’s fast-growing online credit market To also address widespread complaints of harassment, data privacy violations, exploitative lending practices, and anti-competitive behaviour in Nigeria’s fast-growing digital credit market. In...
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Nigerian Contractors Protest Unpaid N4tn Debt at Finance Min

04.09.2025
Local contractors under the All Indigenous Contractors Association of Nigeria, on Wednesday, staged a protest at the Headquarters of the Ministry of Finance in Abuja, to demand payment for capital projects executed in 2024, amounting to about N4tn. Speaking during the protest, Secretary of the Association, Babatunde Seun, said the contractors had previously met with...
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NGX Sheds N367bn in Weekly Losses, Downturn Deepens

04.09.2025
The Nigerian Stock Exchange closed Wednesday under pressure, losing a total of N367bn as investors continued to react to market volatility. At the close of the day’s trading session, the All-Share Index shed 623.41 points, representing a 0.45 per cent decline, to close at 138,157.14. The weekly performance reflected a 2.19 per cent loss, while...
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NDPHC to Sell Power Directly, Ending Years of Dormancy

04.09.2025
The Niger Delta Power Holding Company is set to unlock its long-idle power plants by selling electricity directly to eligible customers at cost-reflective tariffs, opening a new channel for its underutilised capacity, DARE OLAWIN reports With over 2,000 megawatts of stranded power, the Niger Delta Power Holding Company is making efforts to end its years...
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Welding Institute Leadership Crisis Rocks Nigerian Oil Secto

04.09.2025
The Nigerian Institute of Welding is currently rocked by a leadership crisis, The PUNCH reports. Our correspondent reports that the NIW mandate includes training, certification, monitoring, supervision and standardisation of welding and related practices in Nigeria as defined in the guidelines of the Nigerian Content Act managed by the Nigerian Content Development and Monitoring Board....
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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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