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SEC Embraces Blockchain, Quantum Computing for Capital Marke

24.07.2025
The Director-General of the Securities and Exchange Commission, Emomotimi Agama, has said the Commission is committed to fostering innovation in the Nigerian capital market through emerging technologies such as blockchain and quantum computing, while ensuring investor protection remains a priority. According to Wednesday’s release, Agama made this known during his keynote address at the Comercio...
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NGX Closes Flat, Gains N67bn

24.07.2025
The Nigerian Exchange Limited closed Wednesday’s trading session on a flat note, gaining N67bn in market capitalisation amid mixed sentiment across key sectors. At the close of trading, the All-Share Index inched up by 105.70 points, representing a marginal gain of 0.08 per cent, to settle at 132,557.43 points. This pushed the market capitalisation up...
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Ajaokuta Steel Owes N5.6bn Electricity Debt, Faces Disconnec

24.07.2025
The Nigerian Electricity Regulatory Commission has warned that Ajaokuta Steel Company Limited and its host community face imminent disconnection from the national grid due to their failure to settle outstanding electricity debts totalling N5.63bn in 2024. According to the 2024 Annual Report of the commission, Ajaokuta received energy supply and grid services during the year...
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MPC Holds Rate at 27.5%: Experts Divided on Impact

24.07.2025
The Monetary Policy Committee of the Central Bank of Nigeria has retained the Monetary Policy Rate at 27.5 per cent for the third consecutive time in 2025, opting to keep all key policy parameters unchanged. The Governor of the CBN, Olayemi Cardoso, disclosed this at a press briefing in Abuja on Tuesday following the conclusion...
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Tinubu Sets 2026 Deadline for National Single Window Platfor

24.07.2025
President Bola Tinubu has directed the National Single Window Steering Committee to ensure the platform becomes fully operational by the first quarter of 2026. The directive was delivered during the fifth steering committee meeting at the State House, Abuja, on Tuesday, where Tinubu was represented by his Chief of Staff, Femi Gbajabiamila. Special Adviser to...
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LGA Autonomy Faces Hurdles Despite Court Ruling – Edun

24.07.2025
The Federal Government is working towards the full implementation of the Supreme Court ruling on local government autonomy, but structural issues remain a key obstacle to direct fund transfers, the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has said. Speaking in Abuja on Tuesday at the Agora Policy Conversation, Edun said...
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Nigerian Stock Market Soars with N396bn Gain

24.07.2025
The Nigerian stock market extended its bullish trend on Tuesday, recording a gain of N396bn in market capitalisation amid renewed investor interest across key sectors. The All-Share Index of the Nigerian Exchange Limited rose by 0.71 per cent to close at 99,793.71 points, compared to the previous close of 99,088.32 points. As a result, the...
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Nigeria Misses $1.3bn SAATM Opportunity: Operators Worry

24.07.2025
The Nigerian aviation industry is facing a significant challenge as the country misses out on the $1.3bn  Single African Air Transport Market opportunity due to the lack of international transit hubs at major airports. The Single African Air Transport Market initiative, a flagship African Union project, aims to liberalise air travel across the continent, fostering...
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EU Sustainable Aviation Fuel Mandate May Weaken Airlines, De

24.07.2025
Deloitte has warned that the European Union’s current sustainable aviation fuel policies could unintentionally weaken the competitiveness of European airlines and slow progress toward decarbonisation. A new study by Deloitte for airlines for Europe, published recently on Green Air News, raised concerns that the ReFuelEU mandate, which requires increasing the use of sustainable aviation fuel,...
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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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