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SEC Nigeria DG Elected Vice Chair of Global Securities Body

11.08.2025
The Director General of the Securities and Exchange Commission of Nigeria, Emomotimi Agama, has been elected Vice Chairman of the Africa/Middle East Regional Committee of the International Organisation of Securities Commissions. According to a statement made available to our correspondent by the commission on Sunday, by virtue of the election, Agama will serve on the...
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Nigeria Launches E-Invoicing System to Combat Tax Evasion

11.08.2025
The Federal Government has commenced the rollout of a national Electronic Fiscal System to modernise Nigeria’s tax administration, curb evasion, and enhance transparency in revenue collection. The Federal Inland Revenue Service said the EFS, which incorporates an electronic invoicing solution known as the Merchant-Buyer Model, went live on August 1, 2025, after a successful pilot...
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Customs Licensing Fee Hike Concerns Maritime Stakeholders

11.08.2025
Maritime stakeholders have expressed concerns over a possible hike in the licensing renewal fee for customs agents, citing fears that it may fuel inflation. According to a report, the Nigeria Customs Service has announced plans to review the licensing renewal fees for licensed customs agents, with a new structure set to take effect from January...
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ARCON Launches Summer Skill Acquisition Camp in Abuja

11.08.2025
The Architects Registration Council of Nigeria has inaugurated its 2025 Summer Skills Acquisition Camp in Abuja to empower youths with creative and entrepreneurial skills. In a statement, the Minister of Housing and Urban Development, Ahmed Dangiwa, said the step was in the right direction to sustain the future of the country. He said, “The camp...
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Debt Servicing Crisis Threatens Nigerian States’ Fiscal Stab

11.08.2025
The Nigeria Extractive Industries Transparency Initiative has issued a policy-backed caution on what it describes as a “silent fiscal emergency” quietly undermining the economic stability of Nigeria’s states. The agency on Sunday also raised an alarm, warning that rising debt servicing obligations are squeezing states’ capacity to provide essential services, invest in local infrastructure, and...
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Dangote Deploys 4,000 CNG Trucks for Fuel Distribution in Ni

11.08.2025
Dangote Petroleum Refinery & Petrochemicals says it has commenced the receipt of 4,000 compressed natural gas-powered trucks needed for its fuel distribution logistics programme set to start on August 15. In a statement on Sunday, the company said the initiative aimed to transform the fuel distribution landscape within Nigeria by reducing logistics costs and enhancing...
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Elektron Launches N200bn Bond Programme, Secures N4.64bn

11.08.2025
Elektron Finance SPV Plc, a funding vehicle wholly owned by Elektron Energy Development Strategies Limited, has announced the launch of its N200bn bond issuance programme and the successful completion of its debut N4.64bn Series 1 Senior Guaranteed Fixed Rate Infrastructure Bond. The 15-year Series 1 bond, guaranteed by Infrastructure Credit Guarantee Company Plc and rated...
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Nestlé Empowers 49 Women Entrepreneurs in Nigeria

11.08.2025
Nestlé Nigeria has expanded its flagship initiative, Nestlé Empowering Rural Women in Nigeria, to Agbara, Ogun State, adding 49 new female entrepreneurs to the programme. The initiative, now in its fifth year, aims to strengthen small businesses and improve livelihoods in rural communities across the country. Since its inception, the programme has supported over 431...
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FBS Reinsurance Revenue Soars 85% in 2024

11.08.2025
An indigenous reinsurance firm, FBS Reinsurance Limited, has recorded an 85 per cent appreciation in its insurance revenue for the 2024 financial year to N50.9bn from N27.5bn in the previous year. This was disclosed at its recently held Annual General Meeting in Abuja. In the year under review, the company also recorded a Gross Written...
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Tech Wearables to Reduce Construction Site Deaths

11.08.2025
Civil Engineering Ph.D. researcher at Clemson University, Kehinde Elelu, explains the use of audio-based wearable technology in addressing construction safety issues in developing countries in this interview with TEMITOPE AINA Why is there a growing emphasis on wearable audio-based technologies in construction safety, especially in developing countries like Nigeria?  The emphasis stems from the urgent...
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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...

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Man who asked Tinubu to resign admitted in psychiatric hospital

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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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