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Nigerian Equities Market Plunges N1.33 Trillion in Sell-Off

20.08.2025
The equities market, after a day of bullish sessions, reversed its bullish trend on Tuesday, recording a loss of N1.33 trillion due to sell-offs. this Sell-offs in major stocks like Dangote Cement, RT Briscoe, Royal Exchange, Jaiz Bank, WAPIC Insurance, and 34 other stocks drove the market into negative territory. The market capitalisation of listed...
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Nigeria Economic Summit to Focus on Reform Agenda

20.08.2025
The Nigerian Economic Summit Group in partnership with the Federal Ministry of Budget and Economic Planning, has officially launched preparations for the 31st Nigerian Economic Summit. Themed ‘The Reform Imperative: Building a Prosperous and Inclusive Nigeria by 2030,’ this year’s summit will take place in October in Abuja. NESG said the summit will focus on...
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Tinubu Scraps 5% Telecom Tax in Nigeria

20.08.2025
The Executive Vice-Chairman of the Nigerian Communications Commission, Dr Aminu Maida, has confirmed that President Bola Tinubu has removed the five per cent excise duty on telecommunications services in the new tax laws, a move expected to ease cost pressures on subscribers. Speaking at an interactive session with journalists in Abuja on Tuesday, Maida explained...
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Lagos, Ogun, FCT Top Petrol Consumption in Nigeria

20.08.2025
Lagos, Ogun and the Federal Capital Territory, Abuja, have been identified as major consumers of Premium Motor Spirit (petrol), according to data released by the Nigerian Midstream and Downstream Petroleum Regulatory Authority. The NMDPRA PMS truckout report for June indicated that a total of 1.44 billion litres of petrol were sent to states. The total...
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Nigeria Hosts Global Gas Investment Forum in October

20.08.2025
Nigeria will host global gas investors and top industry leaders this October, as preparations heighten for the 2025 edition of the Gas Investment Forum. The two-day forum, scheduled for October in Lagos, will be headlined by President Bola Tinubu’s Special Adviser on Energy, Olu Verheijen, who is expected to deliver the keynote address and serve...
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AI Bias in African Migration Systems: Dons Urge Action

20.08.2025
Researcher and consultant in academia, Dr Nduneche Ezurike, and other academics have called on African governments to confront the bias being created by the use of artificial intelligence in the profiling and treatment of migrants. They made this call at the just-concluded third International Conference of the College of Management and Social Sciences, Fountain University,...
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Ogun Airport Cleared for Commercial Flights by NCAA

20.08.2025
The Nigeria Civil Aviation Authority has confirmed that it has granted a commercial operational licence to the Gateway International Agro-Cargo Airport in Ogun State, officially signaling the commencement of commercial activities at the facility. The Director of Aerodrome and Airspace Standards, Balang Godwin, confirmed the development in a telephone conversation with our correspondent on Monday....
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Nigeria Generates N21tn Revenue in H1 2025, Amidst Borrowing

20.08.2025
The Federal Government earned about N21.22tn as revenue from the activities of five revenue-generating agencies in the first six months of 2025, The PUNCH reports. This shows that the government intensified its drive to boost the nation’s income, rolling out aggressive collection strategies, tightening enforcement measures, and expanding its operational reach to capture more taxable...
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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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