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Banks & Consumer Stocks to Drive Nigerian Capital Market

11.01.2026
Consumer goods and banking stocks have been highlighted as drivers of opportunities in the Nigerian capital market. This projection was made by the Head of Equities and Alternative Solutions at First Asset Management, Laura Fisayo-Kolawole, at the Nigeria Economic Outlook 2026, organised recently by FirstBank under the title, ‘The Great Recalibration: Mastering Resilience in an...
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Nigeria to boost fibre infrastructure with $460m W’Bank loan

11.01.2026
Nigeria plans to channel $460m, representing about 92 per cent of a $500m World Bank loan, into the capitalisation of a proposed fibre infrastructure company set up to deploy 90,000 kilometres of climate-resilient broadband fibre across the country. This is contained in the Financing Agreement for the Building Resilient Digital Infrastructure for Growth project between...
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Oyedele Clarifies New Nigeria Tax Laws After KPMG Report

11.01.2026
The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has clarified the policy intent behind Nigeria’s newly gazetted tax laws, following concerns raised by KPMG Nigeria, insisting that most issues highlighted by the firm were misunderstandings of policy objectives or disagreements with deliberate reform choices. In a statement issued on Saturday,...
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Dangote petitions EFCC over Farouk Ahmed corruption claims

10.01.2026
The Chairman of Dangote Industries, Aliko Dangote, through his legal representative, has filed a formal corruption petition against the former Managing Director of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, Farouk Ahmed, at the headquarters of the Economic and Financial Crimes Commission. This was disclosed in a statement made available to our correspondent by...
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SBI Media Drives Major CSR Projects with TECNO in Lagos

10.01.2026
SBI Media, a top advertising and marketing communications agency, has reaffirmed its ability to create meaningful impact by successfully executing TECNO’s youth and community-focused CSR project, which involved building and unveiling two state-of-the-art football pitches in Lagos State. In a statement, the ambitious CSR project, which ran into hundreds of millions of naira, culminated in...
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N10bn Airtime Refund Claims Met with Customer Scepticism

10.01.2026
Nigerian banks and telecoms say they have returned more than N10bn to customers for failed airtime and data purchases, according to the Nigerian Communications Commission. However, bank customers are sceptical, questioning both the proof of the refunds and the methodology behind the calculation. The disclosure comes as the NCC and the Central Bank of Nigeria...
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Dangote Asks EFCC to Probe Former NMDPRA Boss Ahmed

10.01.2026
The Chairman of Dangote Industries Limited, Aliko Dangote, has said the Economic and Financial Crimes Commission is best placed to investigate alleged corruption involving the former Chief Executive of the Midstream and Downstream Petroleum Regulatory Authority, Farouk Ahmed, to accelerate the prosecution process. Dangote, through his legal representative, has filed a formal corruption petition against...
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Residents Protest Harmful Quarry Operations in Ogun State

09.01.2026
Residents of Isara Remo in Remo North Local Government Area of Ogun State, under the aegis of the Isara Socio-Economic Vanguard, on Thursday called for the intervention of Governor Dapo Abiodun and the Speaker of the state House of Assembly, Daisi Elemide, over what they described as destructive activities of quarry operators in the community....
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FG & IFAD to Empower 14,800 Ondo Youths in Agriculture

09.01.2026
The Federal Government, in partnership with the International Fund for Agricultural Development and the Ondo State Government, is set to empower a total of 14,800 youths in agricultural production. The programme, tagged IFAD/FG/Livelihood Improvement Family Enterprise-Niger Delta Project, will take place in 100 communities in the 10 local government areas of the state, while the...
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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
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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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