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FG engages Japan for ¥15bn loan to boost food security

07.06.2025
The Federal Government has intensified discussions with the Japan International Cooperation Agency to fast-track the implementation of a ¥15bn (about $110m) emergency loan to improve food security across the country. This was disclosed in a statement issued by the Federal Ministry of Finance and Coordinating Ministry of the Economy on Wednesday after a high-level meeting...
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Marketers Forged 24 Documents in Subsidy Fraud – Ex-EFCC Boss

07.06.2025
Former Chairman of the Economic and Financial Crimes Commission, Abdulrasheed Bawa, has revealed that numerous oil marketing companies systematically forged documents to illegally access petrol subsidy payments from the government. According to him, in some brazen cases, marketers went as far as falsifying up to 24 different documents, ranging from marine insurance certificates to bills...
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AEDC Vows to Settle Workers’ Entitlements Amid Strike Threat

07.06.2025
The Abuja Electricity Distribution Company has pledged to promptly settle all legitimate allowances owed to its staff following the threat from the workers to shut down operations. It also promised to prevent any disruption to its services while reaffirming its commitment to staff welfare. The Managing Director/Chief Executive Officer of the AEDC, Chijioke Okwuokenye, made...
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Travel fraud reports up 18% in popular destinations

07.06.2025
Many travellers worry about falling victim to scams when visiting new places—concerns like pickpocketing or being tricked by what appears to be a legitimate tour company. These fears, are not unfounded, according to a report by Mastercard Economic Institute. A recent study reveals that the travel industry is a major target for scammers, who exploit...
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DFIs Triumph at African Banker Awards 2025 in Abidjan

07.06.2025
Development Finance Institutions were the big winners at the African Banker Awards Gala Ceremony 2025, which was recently held in Abidjan, Côte d’Ivoire. At least five Development Finance Institutions received plaques at the event, which took place during the African Development Bank’s Annual Meetings. According to a release by AfDB, the dominance of DFIs like...
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West Africa Coatings Show 2025 Set for Lagos in July

06.06.2025
Paint manufacturers are set to host the maiden edition of the West Africa Coatings Show from July 2 to 4, 2025, as stakeholders gear up to unlock fresh opportunities in the region’s growing paints and coatings industry. According to a statement, the Paint Manufacturers Association of Nigeria will host the event in Lagos in partnership...
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Nigeria to Host Inaugural Travelpreneur Expo in Lagos

06.06.2025
The Group CEO of Aeroport Group, Oludayo Gideon, said the Nigerian travel and tourism industry will launch its first-ever Travelpreneur Conference and Expo on September 19–20, 2025. According to the statement signed by the Aeroport boss on Tuesday, the event organised by Travconex Projects Limited, a subsidiary of Aeroport Group, is designed as Nigeria’s first...
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MTN, Oando Propel NGX to N1.16tn Single-Day Gain

06.06.2025
The Nigerian equities market closed on a bullish note on Thursday, with investors gaining N1.16tn in market capitalisation, the highest single-day gain in recent weeks ahead of the Eid-el-Kabir holiday. Data from the Nigerian Exchange Limited showed that the All-Share Index rose by 1.63 per cent or 1,835.02 points to close at 114,616.75 points, up...
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Livestock Dealers Advocate for Reforms Amid Rising Costs

06.06.2025
Stakeholders have said that inflation and supply constraints leave room for reforms while lauding the Ministry of Livestock Development for restoring confidence and profitability to the sector within a year. In separate phone interviews with The PUNCH, stakeholders, including the Miyetti Allah Cattle Breeders Association of Nigeria and the Commercial Dairy Ranchers Association of Nigeria,...
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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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