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KBL Insurance commits to NIIRA 2025 recapitalisation

31.12.2025
KBL Insurance Limited has reaffirmed its commitment to comply with the Nigeria Insurance Industry Reform Act 2025, which has initiated the ongoing recapitalisation process in the sector. The firm disclosed its stance in a statement, saying that it was fully aligned with the objectives of NIIRA 2025, which are aimed at strengthening public confidence in...
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10 States Plan N4.3tn Loans

31.12.2025
Ten states are planning to source about N4.287tn from loans, bonds, grants, capital receipts, and public-private partnerships to finance capital projects in their 2026 budgets. Collectively, the states, including Lagos, Abia, Ogun, Enugu, Osun, Delta, Sokoto, Edo, Bayelsa, and Gombe, presented budgets totalling N14.174tn to lawmakers. An analysis of these budgets by The PUNCH shows...
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JamaJama Drives Skills Development for Lagos Artisans

31.12.2025
As part of its ongoing effort to empower artisans and nurture young talent, JamaJama, through its foundation, held a skills and community empowerment event in Makoko, Sabo, Yaba, Lagos State, to mark the Christmas celebration. The initiative, which saw over 100 artisans and children in attendance, provided starter packs, artisan tools, school books, food items,...
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Bango platform to stabilise market pricing trends in Nigeria

31.12.2025
A new digital platform, Bango Nigeria, has been launched to address persistent price inconsistencies in Nigerian markets by providing buyers with real-time information on the prices of everyday commodities. According to a statement on Monday, the platform, founded by Ademuyiwa Taofeek and Caleb Adenegan, was created in response to what the founders describe as widespread...
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Why Nigerian Workers Became Poorer in 2025: NLC Report

31.12.2025
Nigerian workers slid deeper into poverty as fuel subsidy removal, naira depreciation, and inflation erased wage gains, leaving millions struggling despite a higher minimum wage, JUSTICE OKAMGBA writes. The year 2025 brought relentless economic strain for workers across Nigeria. Rapid inflation, which has recently eased to below 15 per cent, soaring fuel prices, and chronically...
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FAAN Details Plans for Ending Airport Touting in Nigeria

31.12.2025
The Director of Public Affairs and Consumer Protection at the Federal Airports Authority of Nigeria, Henry Agbebire, speaks with OLASUNKANMI AKINLOTAN on the agency’s readiness to guarantee a safe, seamless and trouble-free experience for travellers and airport users nationwide. Excerpts. As 2025 draws to a close, how would you assess the year for the aviation...
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Afreximbank to establish African Gold Bank in Egypt

31.12.2025
The African Export–Import Bank and the Central Bank of Egypt have signed a Memorandum of Understanding for the  African Gold Bank in Egypt. This was disclosed in a statement on Tuesday, indicating that the MoU would formalise gold value chains, strengthen central bank reserves and reduce Africa’s reliance on foreign refining and trading hubs. The...
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Court Rules UBA Guilty of Constructive Dismissal of 20 Staff

31.12.2025
The National Industrial Court of Nigeria, Lagos Division, has held that United Bank for Africa Plc constructively dismissed 20 of its former employees, ordering the bank to apply insurance proceeds to settle their outstanding staff loans and to provide them with work references. Delivering judgement in Suit No: NICN/LA/286/2020, Justice Ikechi Nweneka found that the...
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Winning Pay Rise Strategies for Employees

31.12.2025
Most employees either do not know how to pursue a pay increase or feel too timid to request one. Before entering any negotiation, a worker is expected to grow professionally, contribute to their employer’s success and assess their own value, ARINZE NWAFOR writes Asking for a pay raise is good for your career and, for...
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MGX Research calls for Africa-led tech innovation

31.12.2025
MGX Research Nigeria has called for a decisive shift towards Africa-led technology innovation, urging the continent to move from consuming global tech solutions to authoring them. The research and innovation institution, focused on Africa’s digital future, released a brief titled “The State of African Innovation”, authored by its founder, Nnaemeka Ani. The publication stresses the...
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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
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Man who asked Tinubu to resign admitted in psychiatric hospital

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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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