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Nigeria Secures $65m Extra Loan from World Bank

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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Lagos Parking Fee Slashed After Tanker Strike

Tanker drivers plying the Lekki-Epe in Lagos State will now pay N10,000 per truck to use parks constructed under the E-Call Up system, The PUNCH has learnt. The decision to reduce the fee from N12,500 to N10,000 was made following a meeting between the Lagos State Government and stakeholders on Thursday. In a chat with...
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Electricity Surge Kills Five in Gombe — NEMSA Blames Disco

The Nigerian Electricity Management Services has blamed the Jos Electricity Distribution Company for an electricity surge that killed the Permanent Secretary for Special Duties and Regional Coordination in Gombe State, Mr Yusuf Kulani, and four others. According to a statement on Sunday, NEMSA’s Head of Communications and Protocol Unit, Mrs Ama Umoren, said a tragic...
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Polo Luxury Honors Achievers in New Campaign

 Polo Luxury, Nigeria’s foremost luxury retailer, has launched a new television commercial titled ‘Reward of Success’. The campaign celebrates ambition, perseverance, and achievement, positioning luxury as a symbol of hard-earned success. Shot with cinematic brilliance by Daniel Obasi, the commercial captures key moments in the lives of driven individuals who have pursued excellence and now...
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MRS Raises Fuel Cost to N955

MRS has raised the pump price of premium motor spirit (petrol) to N925 in Lagos, from N885 as of Friday morning. The change in MRS petrol price came after the Dangote refinery raised the ex-depot price of the product from N825 to N880 on Friday. According to a post on its X handle on Saturday,...
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AI Academy Launches in Africa to Tackle Talent Gap

 A new artificial intelligence academy is set to launch in Africa in July 2025, with a mission to close the widening global AI talent gap and equip individuals in emerging markets with the skills required to thrive in the evolving digital economy. Known as the Bloom Academy for Artificial Intelligence, the initiative is being positioned...
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High Costs & The Fight for Survival

The Managing Director of Bboxx Nigeria, Ernest Akinlola, explains the uphill battle mobile virtual network operators face in Nigeria’s capital-intensive telecom market in this chat with JUSTICE OKAMGBA. As operators that lease network access instead of building infrastructure, MVNOs must rely on clear differentiation and strong business models to survive and thrive amid high entry...
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Farm Produce Prices Surge 29% in Nigeria

The National Bureau of Statistics has reported a 28.98 per cent rise in the average cost of farm produce between January and May 2025, signalling a deepening crisis in Nigeria’s agricultural sector. According to the NBS, the price index for farm produce surged from 110.5 in January to 142.53 in May 2025. This sharp increase,...
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PETROAN Denies Lifting Petrol: Refinery Claims Under Scrutin

The Petroleum Products Retail Outlet Owners Association of Nigeria has denied lifting Premium Motor Spirit (petrol) from the Port Harcourt Refining Company, managed by the Nigerian National Petroleum Company Limited in Rivers State. Based on its latest denial, PETROAN may have misled Nigerians when it said in February that its members were lifting PMS from...
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Justice for Sexual Violence Survivors in Nigeria

A nongovernmental organisation, Strengthening Peace and Resilience in Nigeria, has demanded justice for survivors of conflict-related sexual violence, particularly in Nigeria’s crisis-affected regions. In a statement to commemorate the 2025 International Day for the Elimination of Sexual Violence in Conflict on Friday, SPRiNG described sexual violence as a brutal and recurring tactic of war, increasingly...
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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...