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NDIC Seeks Judicial Collaboration on Protracted Litigations

The Nigeria Deposit Insurance Corporation has sought an improved collaboration with the nation’s judicial system to mitigate some of its lingering legal challenges, which include protracted litigations and court orders that restrict its mandate. This call was made at the opening of a sensitisation seminar for Federal High Court judges held in Lagos on Monday,...
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Nigerian Entrepreneurs Thrive in UK Despite Challenges

Some Nigerian entrepreneurs in the United Kingdom have said that despite challenges like navigating unfamiliar systems and breaking into new markets, the UK business environment has been favourable. Speaking to PUNCH Online in an interview, Ayomide Babadele, a fashion and interior designer now based in Birmingham, moved to the UK in 2023 to pursue a...
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NPA Projects ₦1.28tn Revenue for 2025

The Nigerian Ports Authority has earmarked a revenue generation target of ₦1.28tn in 2025. This is up from the ₦894.86bn it realised in 2024. The revenue target, according to the agency, is anchored on ambitious reforms aimed at modernising port infrastructure, harnessing advanced technology, and capitalising on increased maritime activity, especially with the expected full-scale...
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Canada, China Trade Dispute: WTO Sets Panel

The World Trade Organisation said on Monday that it had agreed to establish expert panels to examine two separate trade disputes, both involving Canada and China. The WTO said in a statement that its Dispute Settlement Body (DSB) had agreed during a meeting to create a panel to rule on a complaint from Beijing over...
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Boosting Soybean Production in Nigeria

Agribusiness Olam Agri has partnered with IDH and Arzikin Noma, a Nigerian agricultural development firm, to boost soybean production in Kwara State. According to a statement from the firm on Friday, the agreement aims to unlock the potential of smallholder soybean farmers, particularly women and young people, through a comprehensive support programme. Soybeans are a...
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CPIN Awards Pension Fellowship to Top Executives

The Chartered Pension Institute of Nigeria has revealed its intention to confer honorary fellowship on top management staff with long years of experience and contributions towards the development of the pension industry. In a statement on Thursday, the Executive Secretary/Chief Executive Officer CPIN, Samson Akinyemi, said the recognition would come during its upcoming induction ceremony....
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753 Housing Project Report Nears Completion

The internal committee set up by the Federal Ministry of Housing to review the 753-unit housing project linked to former CBN Governor Godwin Emefiele says its report is nearing completion. An official of the Ministry clarified that the committee’s work is strictly internal and unrelated to the ongoing case involving former Central Bank Governor Godwin...
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PWAN Debunks Fraud Claims: Full Documentation Unveiled

The Managing Director of PWAN Plus, Julius Oyedemi, has debunked online claims by real estate critic Scott Iguma, tagging them as a company that lacks proper documentation. The company, in a statement, noted that the real estate critic asserted that they sold receipts. It stated, “The online critic had further sent warnings to clients and...
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CBN Intervention & FPI Inflow Boost Curre

The naira strengthened at the official window in the past week to 1,547/$ from 1,549/$, supported by intervention from the Central Bank of Nigeria, which injected dollars into the market to ease corporate demand pressures. Analysts also alluded the development to the resilience of the naira to foreign exchange inflows from foreign portfolio investors. Cordros...
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POS Transactions Surge, ATM Use Drops in Nigeria

Point of Sale terminals handled transactions worth N223.27tn in 2024, representing a significant increase from the N110.35tn recorded in 2023. This is according to data from the Central Bank of Nigeria’s quarterly statistical bulletin, which shows a continued migration from Automated Teller Machines to Point of Sale platforms for financial transactions across the country. The...
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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...