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Nigerian Workers Protest NAFDAC’s Sachet Alcohol Ban

Employees of companies producing sachet alcohol, alongside some civil society organisations, have hinted at the possibility of a nationwide protest if the ban on sachet alcohol beverages and PET bottles below 200ml is not reversed. The employees made this known on Monday when they stormed the Lagos office of the National Agency for Food and...
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Group demands probe into alleged 2025 tax law forgery

Citizen advocacy group, Citizen Monitors, has called for a probe into allegations that the 2025 Tax Law was forged, warning that the development poses a serious threat to constitutional governance and public trust. In a press statement issued by its spokesperson and Head of Communications, Olajumoke Alawode-James, on Monday, the group condemned what it described...
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Nigeria’s 2026 Economic Growth Threatened by Local Risks

Analysts have highlighted stalled budgetary progress and pre-election politicking as some of the top risks to the upward review in the growth projections for Nigeria in 2026, as done by the International Monetary Fund in the past week. The PUNCH reported that the International Monetary Fund projected that Nigeria’s economy will grow by 4.4 per...
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Informal sector may derail new Nigerian tax reforms

Economic watchers have said that the largely informal nature of the Nigerian economy may pose a roadblock to the implementation of the new tax reforms, which came into effect this January. This was one of the highlights of a panel discussion at the 2026 Economic Summit organised by the Empowerment Team of the Lagos Province...
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Firm invests to expand Lagos housing supply with new villas

Nigeria’s housing deficit continues to influence investment decisions in the real estate sector, with HFP Engineering Ltd reiterating its commitment to addressing the challenge through a new residential development aimed at boosting housing supply in Lagos. According to statistics, the housing deficit in Lagos has increased by 15 per cent, rising from about 2.95 million...
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Nigeria Faces Investment Slowdown Ahead of 2027 Elections

The Association of Corporate Treasurers of Nigeria and renowned economic analyst Bismarck Rewane have warned that investment activity may remain subdued as monetary authorities adopt a cautious policy stance ahead of the general elections. Speaking at the ACTN Economic Outlook 2026 held recently in Lagos, themed ‘Positioning Corporate Treasuries for Growth: Leveraging Stability in FX...
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Foundation Distributes Food to 1,000 Nigerian Households

The Margaret Modinat Foundation has distributed food items to over 1,000 beneficiaries across communities in Ogun and Lagos states as part of its humanitarian outreach aimed at supporting vulnerable households. The founder of the foundation, Princess Olanrewaju Osibote, disclosed this during the outreach exercise held recently in separate locations across the two states. She noted...
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FG Plots Coordinates to Resolve Oil Well Disputes

The Revenue Mobilisation Allocation and Fiscal Commission, an agency of the Federal Government, has urged oil-producing states to fully cooperate in the ongoing exercise to resolve disputes over oil and gas wells by plotting verified coordinates. Chairman of the commission, Dr Mohammed Shehu, made the call on Monday in Abuja at the flag-off of the...
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Panel advises freeze on N1tn Nigeria rice imports

A Federal Government–backed agribusiness policy committee has recommended the formal closure of current rice import windows, citing falling food inflation and evidence that Nigeria’s rice surplus is being driven largely by high import volumes rather than domestic production capacity. The recommendation comes as Nigerians spend over N1tn importing about 2.4 million metric tonnes of rice...
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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...