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Uninsured Airports Threaten Nigerian Airlines’ Growth

17.09.2025
Nigeria’s aviation industry is facing growing concern over the failure of the Federal Airports Authority of Nigeria to insure airports across the country, coupled with deteriorating aerodrome infrastructure that continues to harm airline operations. The alarm was raised by the founder and Chief Executive Officer of Overland Airways, Captain Edward Boyo, during the 5th CHINET...
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UBA Essay Competition 2025: Win N10m University Grant

17.09.2025
UBA Foundation, the Corporate Social Responsibility arm of United Bank for Africa Plc, has announced the commencement of the 2025 edition of its annual National Essay Competition, with winners set to grab over N18m in educational grants and consolation prizes. In a statement on Tuesday, the foundation said that the competition, which is now in...
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UBA Unveils Africa Growth Blueprint at UNGA 2025

17.09.2025
United Bank for Africa Plc is set to unveil a whitepaper that presents actionable strategies for unlocking Africa’s vast economic potential, as part of its mission to drive sustainable growth across the continent. In a statement on Tuesday, the lender said the move was to spotlight Africa’s opportunities and foster high-level dialogue with global leaders...
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IMF Urges Offline Payment Investment in Nigeria

17.09.2025
The International Monetary Fund has indicated that there is significant potential for fintechs in enabling offline payments in Nigeria and the rest of sub-Saharan Africa. This was revealed by the mission chief and assistant director of the International Monetary Fund’s Africa department, Luca Ricci, at the webinar on the findings of the IMF’s latest departmental...
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NAMA Pushes for Tariff Hike, Airlines Resist

17.09.2025
The Director-General of the Nigerian Airspace Management Agency, Farouk Umar, has declared that the current charge of N11,000 per flight imposed on airline operators is no longer sustainable, given prevailing economic realities and the rising cost of maintaining aviation infrastructure. Umar made this known in Abuja on Tuesday while addressing stakeholders at a summit organised...
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NGX Considers 5 PM Closing Time

17.09.2025
The Nigerian Exchange Limited is considering an extension of its trading hours from 9 am to 5 pm, from 9:30 am to 2:30 pm, The PUNCH can exclusively confirm. The NGX Chief Executive Officer, Jude Chiemeka, engaged with market operators on Tuesday in a Zoom meeting that had over 120 participants, including the Chairman of...
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Google Play Partners to Elev8 Fitness in Afri

17.09.2025
Verve, Africa’s leading domestic payments card scheme and a subsidiary of The Interswitch Group, has announced Google Play as a strategic partner for the eighth edition of VerveLife (8.0), Africa’s biggest and most celebrated fitness event series. This partnership, which extends Verve’s evolving collaboration with the Google ecosystem, is aimed at delivering more rewarding lifestyle...
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Averted Inflation Crisis in Nigeria?

17.09.2025
The Federal Government’s decision to suspend the controversial four per cent Free-On-Board charge on imported goods has been welcomed by manufacturers and industry stakeholders, who warned that the levy could have plunged Nigeria’s economy into a self-inflicted crisis. The directive, issued by the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, and...
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Dangote Refinery Exports Petrol to Shell USA, Fuels Nigeria

17.09.2025
Nigeria’s multi-billion-dollar Dangote Petroleum Refinery has crossed another milestone with the successful export of petrol to the United States, even as the facility’s growing global reach has rekindled debates over the viability of the country’s loss-making state-owned refineries. According to Reuters, energy giant Shell has purchased a cargo of Premium Motor Spirit (petrol) produced by...
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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
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

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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