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Nigerian Teen Wins UK Agric Prize

A 19-year-old Nigerian, Ifeoluwa Afolayan, has emerged as one of the first prize winners at the 2025 WE Innovate Grand Final held in the United Kingdom. According to a statement, Afolayan, a Master’s student in Design Engineering at Imperial College London and the Royal College of Arts, won the top prize with her agricultural solution,...
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Nigeria’s Food Sovereignty: Tinubu’s Plan

President Bola Tinubu has said that Nigeria is on the path to achieving food sovereignty on the back of measures put in place by his administration. Tinubu said this on Thursday during his Democracy Day speech at the National Assembly. He said, “Our ‘Nigeria First’ policy will further enhance progress as we consolidate market-driven growth....
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Bank Recapitalization: Boosting Nigeria’s Economy

The marine and blue economy, entertainment and arts and hospitality sectors have been identified as some of the main beneficiaries of the ongoing banking sector recapitalisation. This was disclosed in the fourth edition of the Tier 1 Banks Report by Proshare titled “Getting Bigger, Braver and Dominant, the Class of 2025, ’which was launched on...
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PremiumTrust Bank Opens New Osogbo Branch

Commercial bank PremiumTrust Bank has expanded its footprint across Nigeria with the opening of a new branch in Osogbo, Osun State capital. In a statement on Thursday, the bank said that the new branch brings the number of its physical branches to 23 nationwide. Since it began full banking operations in 2022, PremiumTrust Bank has...
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Oshiomhole vs Air Peace — Fiery Airport Showdown

Former Edo State Governor, Adams Oshiomhole, says he has lodged a complaint with the Minister of Aviation and Aerospace Development, Festus Keyamo, against Air Peace, accusing the carrier of racketeering and unethical treatment of passengers. Oshiomhole, who currently serves as senator representing the northern part of Edo, disclosed this to our correspondent on Wednesday after...
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BDC Recapitalization Deadline: CBN Denies Extension

The Central Bank of Nigeria has refuted claims in the media suggesting an extension of the deadline for the recapitalisation of Bureau De Change operators to December 31, 2025. In a statement on Wednesday, the CBN’s acting Director of the Corporate Communications Department, Mrs Hakama Sidi-Ali, dismissed the information as “false” and “misleading.” She reiterated...
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Africa Innovation: Homegrown Solutions for Growth

Africa’s long-term economic growth and global competitiveness depend on scaling local innovation and investing in critical infrastructure, executives said at the 2025 Africa Soft Power Summit held in Nairobi, Kenya. The summit, which concluded on May 25, brought together policymakers, business leaders, creatives and technologists under the theme “Africa’s Growth Engine: Aligning the Flow of...
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Nigeria’s $2.4bn Failure Spurs Calls

Following the seemingly botched repairs of the Port Harcourt and Warri refineries, after both plants gulped about $2.4bn and returned to dormancy within six months of operation, the Organised Private Sector and oil marketers have called for the immediate privatisation of the facilities. However, the regulatory agency of the midstream and downstream arms of the...
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NNPCL Remits N4.2tn, Upgrades Refineries

The Nigerian National Petroleum Company Limited on Thursday revealed that the total statutory payments it made to the federation account between January and March amounted to N4.22tn, adding that refinery upgrades and assessments were ongoing. NNPCL further disclosed that it generated a total revenue of N5.89tn from operational activities in April 2025. The firm, in...
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Forex Inflow Boosts Nigeria’s Economy

There are indications that ongoing economic reforms may gain traction over rising foreign exchange inflow, FELIX OLOYEDE reports The country’s external revenues increased by 18.69 per cent to $38.33bn as of June 4, 2025, up from $32.29bn as of April 15, 2024, reflecting a renewed interest in Nigeria’s economy. The economy attracted foreign portfolio investments...
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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...