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Admiral Launches Smart Home Appliances in Nigeria

27.07.2025
Admiral, an American brand in consumer electronics and home appliances, has officially launched in Nigeria, promising affordable, energy-efficient products tailored for the modern Nigerian household. In a statement on Monday, the brand announced its entry into the Nigerian market in partnership with Deekay Group, a major distributor of fast-moving consumer goods and electronics in the...
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Nigeria Labour Rejects Electricity Act Amendment Banning Str

27.07.2025
The Nigeria Labour Congress, Trade Union Congress of Nigeria, and National Union of Electricity Employees, on Thursday, resisted the ban on industrial actions by power sector workers as contained in the proposed Electricity Act (Amendment) Bill, 2025. The Federal Government, in the proposed Electricity Act (Amendment) Bill, 2025, before the National Assembly, will no longer...
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Nigeria Mandates GPS Tracking for Projects Over N150m

27.07.2025
The Federal Government has mandated that all Ministries, Departments, and Agencies indicate the Global Positioning System coordinates for all capital projects valued at N150m and above in their 2025 expenditure submissions. The directive, contained in the official implementation guidelines for the 2025 Appropriation Act, aims to improve transparency and accountability in the execution of capital...
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Govt Warns Accountants on Project Funds Mismanagement

27.07.2025
The Federal Government has warned project accountants and financial officers to exercise utmost care and integrity in managing funds for federal projects, especially those sourced through external borrowing. The Accountant-General of the Federation, Shamsudeen Ogunjimi, gave the warning during the 2025 retreat of the Federal Projects Financial Management Department, held in Abuja on Thursday. Ogunjimi,...
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3,500 Nigerian Goods Get Zero Duties Access to UK Market

27.07.2025
Nigeria’s export ambitions received a major boost on Thursday with the public unveiling of the third phase of the UK-Nigeria Standards Partnership Programme, a technical cooperation deal aimed at eliminating trade barriers, enhancing product competitiveness, and increasing market access, particularly for Nigerian exports into the United Kingdom. The programme, a joint effort with the UK...
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Union Bank Customers Win N5M in Savings Promo

27.07.2025
Three customers of Union Bank of Nigeria have won N5m each at the grand finale of the fourth edition of its Save and Win Palli Promo. According to a statement on Thursday, the winners were Abubakar Sadiq Isah (Zaria Branch, North), Atilabor Friday (Sapele Branch, South-South), and Oluranti Ogunluyi (Ilaro Branch, South-West), who emerged via...
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Dangote Refinery to Hit 700,000bpd by December 2025

27.07.2025
The nameplate capacity of the Dangote Petrochemical Refinery is projected to reach 700,000 barrels per day by December 2025, marking a major milestone in Nigeria’s refining capacity, a new report by Argus Media has revealed. According to the report, the increase represents a 50,000bpd boost from the current 650,000bpd capacity, driven by ongoing operational optimisation...
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Nigeria’s Trade Growth Slows Amid Weak Consumer Demand

26.07.2025
Nigeria’s reduced appetite for imported goods is a paradox. Trade experts observe that the drop in imports, which is good for local production, has inadvertently fuelled inflation and slowed consumption, leading to a drop in trade growth, ARINZE NWAFOR writes Trade’s contribution to Nigeria’s Gross Domestic Product fell slightly in the first quarter of 2025,...
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Nigeria Needs Transport Index to Track Economic Progress

26.07.2025
Stakeholders in the transport and logistics industry have called for a Nigerian transport index to strengthen data collection, enhance trade route efficiency, and provide a more accurate measure of the sector’s contribution to the economy. Managing Director of the Nigerian Railway Corporation, Dr. Kayode Opeifa, in an interview with The PUNCH, observed that the lack...
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Court Rules FIRS Can Collect VAT on Ride-Hailing Services

26.07.2025
Justice Akintayo Aluko of the Federal High Court in Lagos has affirmed the authority of the Federal Inland Revenue Service to collect Value Added Tax on food and transport services provided through ride-hailing and delivery platforms like Bolt. In a judgment delivered on Thursday, the court dismissed an appeal filed by Bolt’s Nigerian operators and...
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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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