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Lagos to host maiden Muslim Economic Summit in 2026

02.11.2025
The maiden edition of the Muslim Economic Summit will be held at the University of Lagos DIL Main Auditorium on January 17–18, 2026, the organisers said. The summit, themed ‘Faith, Finance & the Future: Empowering Youths, Women & Businesses for a Prosperous Future’, is aimed at driving economic empowerment and innovation anchored on ethical and...
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African leaders unite for water security in Africa

02.11.2025
African leaders and ministers have pledged renewed action to strengthen water security and climate resilience across the continent as droughts, floods, and water crises intensify. The commitment was made at the 2025 Sector Ministers’ Meeting, held last week in Madrid, Spain. According to a statement, the gathering, described as a continental mobilisation in the face...
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Adviser urges support for Nigeria’s 2026 tax reform

02.11.2025
A former Political Economic Adviser at the World Bank, Dr Mahmoud Alfa, has urged Nigerians to embrace the forthcoming 2026 tax reform law, saying the success of President Bola Tinubu’s fiscal agenda depends largely on public trust and responsible governance. In a statement issued in Abuja on Friday, the Kogi-born economist said the Tinubu administration...
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UBA reports N2.47tn gross earnings in nine months for 2025

02.11.2025
United Bank for Africa Plc has reported gross earnings of N2.47tn for the nine months ended September 30, 2025, representing a marginal increase from N2.40tn recorded in the corresponding period of 2024. The group’s unaudited financial statement filed with the Nigerian Exchange Limited on Thursday showed that profit after tax rose slightly by 2.3 per...
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UBA records N538bn profit after tax in Q3

02.11.2025
The United Bank for Africa Plc has reported a profit after tax of N537.53bn for the third quarter of the year. This reflects a 2.3 per cent rise from N525.31bn recorded in the same period of 2024. According to a statement made available to Saturday PUNCH on Friday, the pan-African financial institution, in its audited...
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Glo data plans now offer more data for the same price

02.11.2025
Telecommunications giant Globacom has unveiled revised data bundles that give subscribers more data volume at the same affordable prices, further demonstrating the company’s commitment to delivering superior value and satisfaction to its customers. In a statement on Thursday, the company said the revised Glo Data Bundles are improved versions of its existing daily, weekly, and...
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Faster energy access is needed to drive Africa’s growth

02.11.2025
The President/Group Chief Executive Officer of Transcorp, Dr Owen Omogiafo, has called for urgent action to expand energy access across Africa, warning that the continent must scale up its energy supply quickly to drive economic growth and inclusion. Omogiafo made these remarks at the ninth edition of the Future Investment Initiative held in Riyadh, Saudi...
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Reps probe unfair bank charges and tax deductions in Nigeria

02.11.2025
The House of Representatives has inaugurated an ad-hoc committee to investigate growing concerns over excessive tax deductions from the earnings of civil and public servants, as well as multiple and unclear bank charges imposed on customers of deposit money banks. The committee, chaired by Rivers lawmaker, Kelechi Nwogu, was inaugurated in Abuja on Thursday by...
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Unsold goods in Nigeria surge to N1.04tn, MAN reports

01.11.2025
The Manufacturers Association of Nigeria has reported that the gross value of unsold inventory in the manufacturing sector rose to N1.04tn in the first half of 2025, representing a 16.05 per cent increase from N896.2bn recorded in the second half of 2024. The association described the development as alarming, attributing it to low government patronage...
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Coleman opens massive new fibre optic factory in Nigeria

01.11.2025
The Federal Government has inaugurated Coleman Industries Ltd’s new fibre optic cable manufacturing factory in Sagamu, Ogun State, with an annual production capacity of over nine million kilometres of fibre and a reinforced plastic production line. Coleman built the new N15tn-capacity facility in partnership with the United States-based firm Corning Inc. It spans more than...
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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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