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Ogun launches UN-backed biodiversity data training

21.01.2026
The Ogun State Commissioner for Forestry, Engr Taiwo Oludotun, has officially opened the Collect Earth and Mapathon Data Collection Training, describing the programme as a vital step towards strengthening data-driven forest governance and biodiversity conservation in Nigeria. The training, organised under the FAO–GEF7 Biodiversity Project, brought together representatives of the Food and Agriculture Organisation of...
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Paystack Marks 10th Anniversary with The Stack Group Launch

21.01.2026
Paystack, the company solving payments problems for ambitious businesses across Africa, has marked its 10th anniversary with the launch of The Stack Group, a parent holding company that will consolidate its family of tech-focused brands. Founding shareholders of TSG include Stripe, Shola Akinlade, Paystack’s founder and CEO, and existing Paystack employees. The agreements establishing TSG...
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International Breweries appoints Nicholas Kade as new MD

21.01.2026
International Breweries Plc has appointed Nicholas Kade as its new Managing Director, effective 1 March 2026, following the transition of Carlos Coutino to a leadership role at parent company Anheuser-Busch InBev. In a statement on Tuesday, IBPLC said Coutino, who has served as Managing Director and Business Unit President since January 2023, will assume the...
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IMF Pushes for Stronger Public Finances & Fiscal Control

21.01.2026
The International Monetary Fund has called on governments to rebuild fiscal capacity and keep public debt under control as spending pressures rise. In its 13-page World Economic Outlook update, published on Monday, the Fund urged countries to pursue medium-term fiscal consolidation while maintaining prudent debt management. The report projected that Nigeria’s economy would expand by...
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Seplat Energy starts gas production from ANOH gas project

21.01.2026
Seplat Energy Plc, a Nigerian independent energy company listed on the Nigerian Exchange Limited and the London Stock Exchange, has commenced gas production from its 300 MMcfd ANOH gas project. The project began supplying gas to Indorama Petrochemical Plant following the completion of an 11km Indorama gas export pipeline and receipt of regulatory approval from...
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CBN Reports Rising Loan Defaults in Nigerian Banks

21.01.2026
Banks operating in Nigeria have reported a broad rise in loan defaults across households and businesses, showing growing stress in the credit market despite improved loan supply and rising demand. According to the Central Bank of Nigeria’s Credit Conditions Survey for the fourth quarter of 2025, lenders recorded higher default rates on secured, unsecured, and...
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IMF forecasts 4.4% Nigeria economic growth for 2026

21.01.2026
The International Monetary Fund has projected that Nigeria’s economy will grow by 4.4 per cent in 2026, based on improving macroeconomic conditions. The projection, which is an improvement from the 4.2 per cent in 2025, was contained in the IMF’s January 2026 World Economic Outlook titled ‘Global Economy: Steady amid Divergent Forces’. The PUNCH reports...
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Geregu Power Posts N27.25bn Profit in 2025 Financials

21.01.2026
Geregu Power Plc has reported a profit after tax of N27.25bn for the year ended 31 December 2025, underscoring the power generation company’s ability to sustain earnings growth amid rising operating costs and a challenging macroeconomic environment. According to its audited financial statements, Geregu Power recorded revenue of N184.94bn in 2025, up from N137.13bn in...
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NGX Trading Starts Week in Red, Sheds N10.9bn

21.01.2026
The Nigerian Exchange started the week on a bearish note as the market capitalisation fell by N10.9bn at the close of trading on Monday. Data released by the exchange showed that a total of 629.57 million shares were traded in 57,840 deals, valued at N14.75bn. This represents a 17 per cent increase in trading volume,...
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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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