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Northern States’ Debt Slashed by 42% After Economic Reforms

01.08.2025
The Minister of Budget and Economic Planning, Abubakar Bagudu, has said that the fiscal position of Northern states has significantly improved under President Bola Tinubu, following sweeping economic reforms that have reduced the region’s domestic debt by 42.06 per cent. Bagudu’s remarks were contained in a statement issued by the ministry on Wednesday, following his...
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Nigeria Attracts $791M in CNG Investments in Two Months

01.08.2025
Nigeria’s drive to deepen the adoption of Compressed Natural Gas as an alternative transport fuel has taken a further step, with the Federal Government attracting over $791.49m in investments between May and June 2025, The PUNCH reports. It has also ramped up its push for compressed natural gas adoption in the transport sector, mobilising over...
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Parthian Partners Facilitates N800m Tin Financing Deal in Ni

01.08.2025
Parthian Partners Limited has announced the successful structuring and financing of a landmark N800m commodity-backed trade transaction. In a statement on Wednesday, Parthian Partners said the deal, which involved the export of 25 metric tonnes of tin sourced from Jos, Nigeria, demonstrates its growing role in bridging the funding gap in Nigeria’s undercapitalised mineral value...
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AfDB Grants $1.2M for Nigeria’s Battery Energy Storage Study

01.08.2025
The African Development Bank on Wednesday said it has committed $1.2m in grants to support a feasibility study on Battery Energy Storage Systems in Nigeria. It said the project will assess grid integration, identify viable business and regulatory models to attract investment, and build the capacity needed for ownership and sustainability. The AfDB Director-General, Nigeria...
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TCN Defends Board Restructuring Amid SEC Dispute

01.08.2025
The Tourist Company of Nigeria has affirmed its right to remove Anthony Idigbe, SAN, and Abatcha Bulama as directors from its board and OOT Nominees Limited as company secretary. This was disclosed in a statement made available to The PUNCH on Wednesday. The Securities and Exchange Commission on Monday disowned the resolutions made at the...
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Pastel & FintechNGR Partner to Boost AI Compliance in Nigeri

01.08.2025
Technology firm Pastel has partnered with the FinTech Association of Nigeria to drive the adoption of artificial intelligence in compliance functions in the financial sector. At the second edition of its breakfast meeting in Lagos with players in the financial sector present, Pastel said that this drive becomes important as Nigerian banks face increasing pressure...
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Branch Empowers Nigerians with Digital Financial Services

01.08.2025
In a bid to empower families and promote financial dignity, Branch, a digital finance platform, has launched its new campaign: FUNded with Branch. The scheme aims to provide Nigerians with a dependable partner for maintaining dignity and living fully, whether it’s for planned or unexpected expenses. According to a statement on Wednesday, the Managing Director...
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Nigerian Lagoons Ranked Among World’s Worst Marine Dumpsites

01.08.2025
Maritime stakeholders have described Nigerian lagoons, including Tarkwa-Bay and Bonny, among others, as the world’s highest marine dumpsites. This even as they complained that the nation’s coastal waters, which were once hubs of commercial ferry activities and vibrant fishing economies, are now neglected, with many inland waterways abandoned or polluted, and ferry services diminished. These...
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UAC Acquires Chivita|Hollandia from Coca-Cola in Nigeria

01.08.2025
UAC of Nigeria Plc has agreed to acquire Chivita|Hollandia (CHI Limited) from The Coca-Cola Company. In a statement filed with the Nigerian Exchange Limited on Wednesday, it was revealed that the transaction is still subject to regulatory approval. Chivita|Hollandia is a food and beverage player in Nigeria, with a portfolio across value-added dairy products, juices,...
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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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04.10.2024
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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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