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Only Gazetted Acts Have Legal Authority, Says NR

07.01.2026
The Nigeria Revenue Service has clarified that only officially gazetted Acts of the National Assembly carry legal authority and are binding on taxpayers and revenue administrators, dismissing claims that the country’s newly enacted tax reform laws were altered after passage. The Executive Chairman of NRS,  Zacch Adedeji, stated this during a television interview monitored in...
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Paths to Recovery for Nigeria’s Aviation Sector

07.01.2026
Professionals from different disciplines in the aviation industry have suggested various ways to ease the pains and ensure progress in the sector over the next 12 months. They spoke during different interviews with our correspondents. A retired airline captain, Muhammed Badamosi, raised concerns over the state of Nigeria’s aviation sector, warning that years of neglect,...
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Global markets rise on growing AI tech optimism

07.01.2026
Markets rallied Tuesday, tracking the year’s first record on Wall Street as investors racked up AI-linked tech bets, while oil prices steadied after whipsawing following the ouster of Venezuelan president Nicolas Maduro. Attention is also turning back to US monetary policy and the release of key data this week that could play a role in...
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Sustained Reforms Can Push Nigeria’s GDP to 4% by 2026

07.01.2026
The Chief Executive Officer of the Centre for the Promotion of Private Enterprises, Dr Muda Yusuf, has said that Nigeria could achieve GDP growth of between 4 and 4.5 per cent in 2026 if economic reforms are sustained, budget assumptions are made more realistic, and structural bottlenecks limiting productivity are addressed. Yusuf, who is an...
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Investors gain N469bn as NGX sustains positive momentum

07.01.2026
The equities market closed on a positive note on Tuesday, delivering a N469 billion gain to investors amid sustained buying interest across key stocks. The gain was driven by continued investor interest in stocks such as Meyer, Jaiz Bank, ABC Transport, Austinlaz, Multiverse Mining and 60 other advancing equities. Specifically, market capitalisation, which opened at...
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Global Wage Growth Hits 15-Year High as Inflation Eases

07.01.2026
Global real wages grew at their fastest pace in more than 15 years in 2024, as easing inflation helped repair workers’ purchasing power after the cost-of-living shock unleashed by the pandemic and the subsequent surge in prices. According to the International Labour Organisation’s Global Wage Report 2024–25, real wages rose by an estimated 2.7 per...
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World Bank bets on innovation to boost global development

07.01.2026
The World Bank Group said it is moving beyond occasional experiments, embedding innovation systematically across its lending, digital platforms and community programmes. An internal review of 7,576 project evaluations conducted by the Independent Evaluation Group between 1998 and 2025 suggests that projects incorporating novel approaches consistently outperform conventional interventions. Innovation, once peripheral, has become central...
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Ogunseye Leads International Airlines Operators Committee

07.01.2026
The International Airline Operators Committee has elected a new executive to manage the affairs of the body, following an election held on November 20, 2025, during its monthly meeting. After deliberations and nominations, Air France/KLM emerged as chairman, with its representative, Mr Damilola Ogunseye, elected to lead the committee. Asky Airline’s representative, Mr Alaba Awe,...
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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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