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Nigeria’s Q1 2025 GDP Growth Hits 3.13%

Nigeria’s Gross Domestic Product grew by 3.13 per cent year-on-year in real terms in the first quarter of 2025. This is according to the latest report by the National Bureau of Statistics on Monday. According to the bureau, this represents an improvement over the 2.27 per cent growth recorded in the corresponding period of 2024....
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Policy Enforcement Key to Nigeria’s Industrial Revival – MAN

The Manufacturers Association of Nigeria has hailed the Federal Government’s recent directive to Ministries, Departments, and Agencies to prioritise locally manufactured goods as a strategic step towards revamping Nigeria’s economy. Speaking at the 11th Annual General Meeting of the Kwara/Kogi States branch of the association held in Ilorin, the Kwara State capital, MAN President, Francis...
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Nigeria’s High Interest Rates: CBN Explains Policy

The Central Bank of Nigeria has explained why interest rates remain elevated, insisting that the monetary policy stance reflects not just a fight against inflation but a bold attempt to restore credibility, rebuild investor confidence, and defend the value of the naira. The CBN Governor, Olayemi Cardoso, disclosed this at the Nigeria Domestic Investment Summit:...
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NNPC Reports Record N905bn Profit, Production Rebounds

The Nigerian National Petroleum Company Limited says it generated a total revenue of N4.571tn in June 2025, sustaining its upward earnings momentum as crude oil and gas production recorded notable increases, the latest data from the national oil company has revealed. This is part of the NNPC Limited Monthly Report Summary for June released on...
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Enugu Electricity Tariff Cut Sparks Gencos, Discos Outrage

More states have announced plans to reduce electricity tariffs in their jurisdictions after the Enugu Electricity Regulatory Commission issued a new tariff order to MainPower Electricity Distribution Limited, revising the electricity cost for Band A customers from N209 per kilowatt-hour to N160/kWh, effective August 1, 2025. This was, however, vehemently opposed by power generation and...
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ICAN to Amplify Role in Nigerian Economy and Governance

The Institute of Chartered Accountants of Nigeria has declared its readiness to strengthen its voice in the area of economy and governance in the country. This stance was expressed by the 61st ICAN President, Yahaya Haruna, during the investiture ceremony of the 25th Chairman of ICAN, Ibadan and District Society, held on Thursday in Ibadan,...
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North-East Nigerian Traders Embrace Digital Payments to Comb

A new study by Moniepoint Inc. has revealed that traders in the North-East region of Nigeria are embracing digital payments to curb theft and simplify their accounting process. According to a statement from the financial institution, digital tools are gradually becoming embedded in the systems surrounding livestock trade in the region. The agricultural sector, which...
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INGRYD & ISACA to Certify 40,000 Nigerian Youths in Tech

The INGRYD Academy has pledged to tackle Nigeria’s digital skills crisis, lamenting that over 80 per cent of local tech talents lack access to proper learning and professional certification, a key barrier to their global employability. To address this, INGRYD on Friday unveiled a five-year partial scholarship initiative to train and certify 40,000 Nigerian youths...
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I apologise for saying no heaven without tithe – Adeboye

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

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

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...