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World Bank to Approve $500m Loan for Nigeria MSMEs

The World Bank is set to approve a $500m loan to Nigeria on Friday (today) as part of efforts to expand access to finance for micro, small and medium enterprises across the country. The proposed facility, titled the Fostering Inclusive Finance for MSMEs in Nigeria (FINCLUDE) Project, aims to mobilise private capital and promote innovative...
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Haynes Foundation Discovers Young Nigerian Artist in PH

The Haynes Care Foundation has announced the discovery of a remarkable young talent during its recently concluded Haynes Dream and Skills Day – Teens Edition, which took place at Model Secondary School Senior, Tombia Street, GRA, Port Harcourt. In a statement, the foundation said the event combined mindset coaching, future-planning sessions, and a focused Arts...
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NANTA backs senate on high domestic airfare probe in Nigeria

The National Association of Nigeria Travel Agencies has urged the Senate to sustain its ongoing probe into high domestic airfares, insisting that greater transparency in fare construction is required to protect the Nigerian travelling public. Speaking with The PUNCH in an interview in Lagos, the NANTA President, Yinka Folami, said while the association supports local...
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Reps, Senate clash over oil benchmark

The House of Representatives on Thursday approved the 2026–2028 Medium Term Expenditure Framework and Fiscal Strategy Paper, endorsing a crude oil benchmark of $64.85 per barrel for the 2026 fiscal year, in contrast to the $60 benchmark adopted by the Senate. The House also approved a total proposed federal expenditure of N54.46tn for 2026, comprising...
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Tinubu Appoints Oseni as New NERC Chairman

President Bola Tinubu has appointed Dr Mulisiu Oseni as Chairman of the Nigerian Electricity Regulatory Commission, following the confirmation of the commission’s board members by the Senate. Oseni’s appointment indicates that Tinubu has dropped Abdullahi Ramat, whose name he had initially sent to the Senate for confirmation in August. The PUNCH reports that Ramat, a...
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Expert urges African entrepreneurs to see opportunities

A business analyst, Adewale Adebawo, has charged African entrepreneurs to turn challenges into opportunities, noting that ideas can emerge from difficult economic terrains. At the Business Verge Awards, a leading platform celebrating innovation and excellence across Africa’s business and technology ecosystem, which hosted Adebawo, he said, ‘Across Africa, innovators are showing that great ideas can...
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SeamlessHR Upgrades Recruitment System for Faster Hiring

SeamlessHR has announced a major upgrade to its Recruitment Management System, delivering a faster, more intuitive and more connected recruitment experience for organisations across the continent. In a statement made available to The PUNCH, the company said the updated RMS introduces a modern design system, an organisation-wide employee job referral feature, secure real-time webhook integrations...
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Stanbic IBTC’s initiative for child empowerment in Nigeria

In a showcase of compassion and community spirit, Stanbic IBTC Holdings, a prominent member of the Standard Bank Group, has taken to new heights with its flagship Corporate Social Investment initiative, Together4ALimb. Since its launch in 2015, this transformative programme has brought hope and opportunity to children across Nigeria living with limb loss. This year,...
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Business Shutdowns in Nigeria: ACCI Blames Policy Gaps

The President of the Abuja Chamber of Commerce and Industry, Chief Emeka Obegolu (SAN), has raised concern over the tough business climate in Nigeria, warning that the economy is contracting as businesses continue to shut down across the country. Speaking at the 2025 Media Parley on National Security, Ranching Reforms and Satellite Monitoring for an...
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SO&U Supports Communities with Essential Food Items

SO&U, one of Nigeria’s leading marketing and communications groups, has successfully held the eighth edition of its annual community service initiative, Give Love, reaffirming its commitment to social responsibility and community impact. The 2025 edition of the initiative, themed “From Our Heart to Theirs,” was delivered with generous support from staff and client partners, whose...
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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...