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Nigeria Offers 16.54% Yield on September Savings Bonds

02.09.2025
The Federal Government, through the Debt Management Office, is offering investors annual yields of up to 16.541% on its September 2025 Federal Government of Nigeria Savings Bonds. The DMO, in a circular on its website on Monday, announced that the subscription window opens immediately and will close on Friday, September 5, 2025, with settlement scheduled...
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TotalEnergies Signs $10M Offshore Oil Deal with Nigeria

02.09.2025
The Federal Government, through the Nigerian Upstream Petroleum Regulatory Commission, has signed a production sharing contract with TotalEnergies and South Atlantic Petroleum for petroleum prospecting licences 2000 and 2001. The blocks, awarded in the 2024 licensing round, cover about 2,000 square kilometres in the Niger Delta Basin. TotalEnergies will hold an 80 per cent interest...
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Insurance Firms Race to Meet Sept 30 Recapitalization Deadli

02.09.2025
The National Insurance Commission has directed insurance companies to submit their recapitalisation plans by September 30. This was indicated in the exposure draft of the guidelines on minimum capital requirements for insurance and reinsurance companies in Nigeria, seen by The PUNCH over the weekend. Following the signing of the Nigeria Insurance Industry Reform Act 2025,...
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VP Shettima, Masha to Receive NES Distinguished Fellow Award

02.09.2025
The Nigerian Economic Society has disclosed that it will honour Vice President Kashim Shettima and the Director of the Intergovernmental Group of Twenty-Four on International Monetary Affairs and Development, Dr Iyabo Masha, with its 2025 Distinguished Fellow Award. According to a statement on Monday, the NES noted that the Governor of the Central Bank of...
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Boost Retirement Savings with Voluntary Contributions

02.09.2025
Access ARM Pensions has stepped up its awareness campaign on the benefits of Additional Voluntary Contributions as a reliable way to achieve financial stability in retirement. The call was made during a recently held virtual webinar themed ‘Boost Your Retirement: Making the Most of Additional Voluntary Contributions’, where participants were educated on how AVCs can...
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Nigeria’s Business Activity Grows for Ninth Consecutive Mont

02.09.2025
Nigeria’s private sector activity strengthened in August, marking the ninth consecutive month of expansion, according to the Stanbic IBTC Bank Purchasing Manager Index. According to the report, the sustained expansionary trend is driven by faster growth in output and new orders, which has kept business confidence upbeat amid easing input costs and moderating inflation pressures....
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Boat Accidents Claim 92 Lives in Nigeria, Oyetola Blames Woo

02.09.2025
About 92 passengers reportedly lost their lives in boat accidents across Nigeria between January and August 2025, despite the Federal Government’s efforts to enhance safety on the nation’s waterways. The accidents occurred in several states, including Rivers, Niger, Sokoto, Kwara, and Zamfara. This came as the Minister of Marine and Blue Economy, Adegboyega Oyetola, appealed...
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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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