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Lagos Entrepreneurs: Layeawards Honouring Business Leaders

17.06.2025
The sixth edition of the Lagos Young Entrepreneur Awards is set to take place this September, aiming to recognise and celebrate outstanding young entrepreneurs whose work is contributing significantly to Lagos State’s emergence as the fifth largest economy in Africa. The disclosure was made in a statement on Monday by the organisers of the event,...
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Lagos Coastal Road: Planning Approvals Halted

17.06.2025
The Lagos State Government has announced the immediate suspension of planning approvals along the Lagos-Calabar Coastal Road. The announcement was contained in a statement by the Commissioner for Physical Planning and Urban Development, Dr Oluyinka Olumide, in Alausa on Monday. Olumide said that the suspension of planning approvals along the Lagos-Calabar Coastal Road was necessary...
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Petrol Price Hike: PENGASSAN Blasts Oil Marketers

17.06.2025
Depots have hiked the pump prices of Premium Motor Spirit (petrol) after the escalating tension in the Middle East jerked up the prices of crude oil. The rise was also linked to a strike by tanker drivers along the Lekki-Epe corridor in Lagos. This came as the President of the Petroleum and Natural Gas Senior...
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Sugar Tax Increase Opposed: Firm Challenges Nigeria’s Propos

17.06.2025
ThinkBusiness Africa has countered the push to increase the sugar-sweetened beverage tax in Nigeria. In May, the Corporate Accountability and Public Participation Africa was said to have released a report titled, ’Junk on Our Plates: Exposing Deceptive Marketing of Unhealthy Foods Across Seven States in Nigeria‘. The document reportedly called for an aggressive overhaul of...
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Air Peace Summoned: FCCPC Orders Refund Probe

17.06.2025
The Federal Competition and Consumer Protection Commission has summoned the management of Air Peace Limited over multiple complaints of non-refund of ticket fares by passengers, even in cases where the airline cancelled its scheduled flights. In a formal notice dated June 13, 2025, the commission ordered the airline to appear before it at its Abuja...
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Pension Remittance Simplified: Interswitch Unveils New Platf

17.06.2025
Interswitch, one of Africa’s leading technology companies, has officially launched Interswitch PensionRemit, a fully automated platform designed to help employers comply with the recently introduced Pension Contribution Remittance System. It said in a statement on Monday that the new system, mandated by the National Pension Commission and the Pension Fund Operators Association of Nigeria, took...
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Stablecoin Regulation: SEC Eyes Cross-Border Trade

17.06.2025
The Securities and Exchange Commission has announced plans to develop a regulatory framework for stablecoins, aiming to facilitate cross-border trade, payments, and programmable finance in Nigeria’s burgeoning digital asset space. In a statement made available to our correspondent by the commission on Monday, the Director-General of the SEC, Emomotimi Agama, revealed this initiative during his...
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Chams Plans N3.99bn Rights Issue

17.06.2025
Chams Holding Company Plc has concluded arrangements to raise N3.99bn from the Nigerian capital market through a rights issue aimed at strengthening its capital base and funding its operations. According to a market bulletin issued by the Nigerian Exchange Limited on Monday, the company has submitted an application for the approval and listing of 2,348,030,000...
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Nigeria’s ‘Buy Made in Nigeria’ Policy Cri

17.06.2025
The Nigeria Employers’ Consultative Association has said that the recently mooted ‘Buy Made in Nigeria Policy’ of the Federal Government is directly violating the African Continental Free Trade Agreement protocols, which Nigeria is a signatory to. The Director-General of NECA, Adewale Oyerinde, stated this in Lagos on Monday during a press conference to announce the...
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Meta Launches Paid Channels & Promoted Content

17.06.2025
Meta has unveiled a set of new monetisation tools on WhatsApp, aimed at helping creators, businesses and organisations expand their reach and generate revenue via the app’s updates tab. In a statement released on Monday, the tech giant announced the introduction of three key features: Channel Subscriptions, Promoted Channels, and Adverts in Status. These updates...
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I apologise for saying no heaven without tithe – Adeboye

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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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