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AIHS & Ministry Tackle Land Challenges

23.06.2025
The organisers of the Africa International Housing Show have announced a partnership with the Federal Ministry of Housing and Urban Development for the 19th edition of the event, scheduled to be held from 27th July to 1st August, 2025, at the Transcorp Hilton Hotel, Abuja. In a statement, it was noted that with the theme...
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Africa Trade: Thriving Despite US Tariffs

23.06.2025
Standard Chartered Bank Nigeria Limited has noted that Africa can thrive despite the challenges of the United States of America’s new tariff order. The bank urged African countries to seize opportunities for economic growth by strengthening regional value chains and reassessing their global trade exposure. According to a statement, Chief Economist and Managing Director, Global...
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Nigerian Banks’ Interest Expense Soars 43% to N1.9tn

23.06.2025
Nine major Nigerian banks recorded a combined interest expense of N1.90tn in the first quarter of 2025, representing a 43.2 per cent increase from the N1.33tn posted in the same period of 2024, based on The PUNCH’s analysis of their unaudited financial statements. Over the same period, their total interest income stood at approximately N4.18tn....
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PPP Model to Bridge Infrastructure Gap

23.06.2025
The Transmission Company of Nigeria has expressed readiness to explore Public-Private Partnerships to address decades of infrastructure decay in the country’s power transmission network. This was disclosed by the Executive Director, Transmission Service Provider at TCN, Oluwagbenga Ajiboye, during a recent interaction with journalists in Abuja. Ajiboye noted that ageing equipment, some dating back over...
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Sofri Expands Credit Access in Nigeria

23.06.2025
Sofri (powered by Links Microfinance Bank) has launched a major transformation drive aimed at reshaping access to credit and empowering Nigerian businesses. At a recent media parley in Lagos, the banking arm revamped its mobile app, introduced corporate internet banking, and deployed advanced data tools. Sofri’s Managing Director, Paul Adebayo, said the company’s renewed strategy...
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West Africa Industry Growth: FG’s Commitment

23.06.2025
The Federal Government states that it is committed to driving regional industrial growth, deepening manufacturing capacity, and enhancing economic cooperation across West Africa. It endorsed the upcoming West Africa Industrialisation, Manufacturing and Trade Summit and Exhibition. According to a statement, the FG, through its Federal Ministry of Industry, Trade and Investment, signalled its endorsement of...
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Bank Dividends: 2025 Predictions & Analysis

23.06.2025
Analysts have expressed confidence that Nigerian banks will recover from the impact of the Central Bank of Nigeria’s directive on Single Obligor Limits and credit forbearance exposure, and pay dividends in 2025. Despite the challenges posed by the directive, banks such as FCMB, Zenith Bank, Access Holdings, and Fidelity Bank have reassured investors that they...
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Boost Cocoa Consumption: Operators Urge FG Action

23.06.2025
Cocoa operators have urged the Federal Government to boost the sector by mandating local consumption, including chocolate, in the country. These operators are not making the call for the first time. Back in 2019, The PUNCH reported a call from the Cocoa Farmers Association of Nigeria to the Federal Government to include cocoa tea in...
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NBC’s Academy Forges Future Leaders

23.06.2025
 The Nigerian Bottling Company has reaffirmed its commitment to youth empowerment and industrial leadership with the release of a new documentary showcasing its renowned Supply Chain Academy. Titled “Powering Potential: Inside NBC’s Supply Chain Academy,” the documentary highlights the institution’s transformation into a hub for developing the next generation of leaders in Nigeria’s manufacturing and...
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Nigeria Secures $65m Extra Loan from World Bank

23.06.2025
The Federal Government is currently in advanced discussions with the World Bank to secure an additional $65m for the Sustainable Procurement, Environmental, and Social Standards Enhancement Project, according to findings by Sunday PUNCH. This financing boost will raise the total project funding to $145m if approved, and is expected to be finalised by June 30,...
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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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