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Dangote & BAIC FOTON Seal Major Vehicle Partnership

04.03.2026
President of the Dangote Group, Aliko Dangote, has sealed a major automotive partnership with Chinese commercial vehicle manufacturer, BAIC FOTON, culminating in a vehicle order exceeding 1,000 units for operations across Nigeria. In a statement on Monday, it was stated that the landmark agreement, facilitated by Kewalram Autos — the automotive arm of the Kewalram...
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Nigerian Banks Disburse N36.4tn Credit to Trade Sector

04.03.2026
Nigerian deposit money banks disbursed a total of N36.39tn in credit to the Trade and General Commerce sector in the first nine months of 2025, amid calls for more credit to the private sector for productive activities and investment in critical infrastructure. The PUNCH found that the amount extended by the deposit money banks to...
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Rising Costs Threaten Nigeria’s Protein Supply

04.03.2026
Nigeria is at risk of a protein deficit as rapid population growth, climate change, and the soaring cost of conventional animal protein continue to strain the nation’s food system, experts have cautioned. The warning was issued during a two-day national summit themed “Building Nigeria’s Sustainable Protein Future: Ecosystem Alignment and Next-Gen Food Innovation,” held at...
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Middle East crisis grounds hundreds of Nigeria passengers

04.03.2026
No fewer than 560 passengers travelling from Nigeria have been stranded following widespread airspace closures across parts of the Middle East, triggered by escalating hostilities involving the United States, Israel, and Iran. The affected passengers, who had checked in with their luggage and arrived at airports last Saturday for outbound international flights, remain grounded after...
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United Capital Revenue Grows 35% to N58.55bn in 2025

03.03.2026
United Capital Plc recorded a 35 per cent year-on-year increase in revenue, rising from N43.43bn at the end of 2024 to N58.55bn in 2025. This was indicated in the Audited Financial Results for the year ended 31 December 2025, filed with the Nigerian Exchange Limited on Monday. The Group said the performance reflects its execution...
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Usman Onoja appointed new Lovonus MFB chairman

03.03.2026
The board of directors of Lovonus Microfinance Bank Limited has approved the appointment of Usman Onoja as chairman of the board, following the retirement and transition of Alfred Okoigun to chairman of Lovonus Group of Companies. The bank said that under Okoigun’s stewardship, it recorded major milestones, significantly growing its customer base, expanding its balance...
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Teerus Microfinance Bank secures operating licence from CBN

03.03.2026
Teerus Microfinance Bank Limited has announced that it has officially received its operating licence from the Central Bank of Nigeria to commence microfinance banking operations in Nigeria. In a statement on Monday, the lender revealed that the banking licence marked a significant milestone in its vision to provide accessible financial solutions to individuals, Small and...
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FCT-IRS warns of March 31 tax deadline for residents

03.03.2026
The Federal Capital Territory Internal Revenue Service has urged all taxable residents to file their personal income tax returns before March 31, 2026. The directive applies to employed individuals, elected and appointed public office holders, self-employed persons, and business owners. In a press release on Monday, the Head of Corporate Communications, Mustapha Sumaila, stated that...
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NAICOM & NCGC Partner to Boost MSME Finance in Nigeria

03.03.2026
The National Insurance Commission has partnered with the National Credit Guarantee Company on ways to expand access to finance for Micro, Small and Medium Enterprises, local manufacturers, and consumer credit customers. This was disclosed by the regulator in a statement made available to The PUNCH, which indicated that the partnership was agreed on during a...
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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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