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Experia Design Hub Debuts in Lagos for Immersive Interiors

Lagos has gained a new interior design experience centre, Experia by Sculpt Design, aimed at offering a more immersive approach to residential and professional spaces. A renowned interior designer and founder of Sculpt Design, Cindy Ogene, said the centre was created to allow clients to experience design in a more engaging and tactile way. Located...
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FG cost policy weakens depositor buffer protection

The Managing Director/Chief Executive of the Nigeria Deposit Insurance Corporation, Mr Thompson Sunday, has warned that the Federal Government’s 50 per cent cost-to-income ratio policy is limiting the corporation’s ability to build a strong financial buffer to protect depositors. He said NDIC complies with the policy but added that “the deductions affect NDIC’s ability to...
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Faith-Based CSR Fuels Youth Skills & Community Impact

In a strategic move to integrate community social responsibility with youth leadership development, the Redeemed Christian Church of God Divine Assembly, Alapere, has carried out its annual The Priceless Gift outreach. The event, which was held recently, featured the distribution of 500 gift packs and school bags to children within the host community and was...
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NAICOM rules out insurance recapitalisation deadline shift

The National Insurance Commission has insisted there will be no extension of the ongoing recapitalisation deadline in the insurance industry, saying the timetable is fixed in law and cannot be shifted. NAICOM’s Deputy Commissioner for Insurance (Technical), Dr Usman Jankara, who represented the Commissioner for Insurance and Chief Executive Officer of NAICOM, Olusegun Omosehin, at...
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15 effective ways clearing agents can cut costs in Nigeria

Clearing cargo in Nigeria continues to be demanding and expensive, burdened by numerous bottlenecks and the nation’s ranking as one of the priciest ports in the sub-region. To remain competitive, clearing agents and importers need to adopt more strategic and efficient methods that reduce costs while still ensuring prompt cargo delivery. Through innovation, better processes,...
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Anambra, Zamfara Advance State Tax Reforms with New Laws

The Governor of Anambra State, Prof Chukwuma Soludo, has signed the Harmonised Taxes and Levies (Approved List for Collection) Law, making Anambra the third state to enact the landmark legislation. A few days earlier, the Executive Governor of Zamfara State, Dauda Lawal, signed the law to repeal and re-enact the Zamfara State Consolidated Revenue Laws....
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Foreign card usage returns to Nigeria

Foreign card usage is returning to Nigeria after years of restrictions, reflecting improved FX liquidity and renewed investor confidence. Recent CBN directives signal a shift from blanket controls to targeted safeguards, highlighting how exchange-rate reforms are reshaping Nigeria’s payments ecosystem, SAMI TUNJI reports for some years, foreign card usage in Nigeria sat at the crossroads...
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World Bank Warns on Nigeria’s Debt Challenge, Urges Reform

The World Bank has warned that Nigeria and other Sub-Saharan African countries must initiate export diversification and fiscal reforms to address their rising debt challenges. This was contained in its just-released International Debt Report 2025. The report, which highlights Sub-Saharan Africa as an outlier where debt levels and servicing costs climbed through 2024 amid subdued...
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Nigeria Tax Reforms Won’t Spike Airfares, FG Clarifies

The Federal Government has firmly rejected claims by the Chairman and Chief Executive Officer of Air Peace, Allen Onyema, that Nigeria’s new tax regime will cripple the aviation industry and trigger a sharp rise in airfares. In response to Onyema’s comments during a Sunday interview on Arise News, the Chairman of the Presidential Committee on...
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NNPC Seeks Bids to Sell Stakes in Oil and Gas Assets

The Nigerian National Petroleum Company Limited has begun moves to sell stakes in some of its oil and gas assets, a new report by Reuters has revealed. This is as the state-owned energy firm seeks to optimise its portfolio and attract fresh investment into the sector. An invitation document released on Monday indicated that the...
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I apologise for saying no heaven without tithe – Adeboye

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

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

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...