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Nigeria Tackles Rogue Digital Lenders with New Regulations

04.09.2025
The Federal Competition and Consumer Protection Commission has launched a major crackdown on rogue digital lenders with the introduction of tough new regulations aimed at cleaning up Nigeria’s fast-growing online credit market To also address widespread complaints of harassment, data privacy violations, exploitative lending practices, and anti-competitive behaviour in Nigeria’s fast-growing digital credit market. In...
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Nigerian Contractors Protest Unpaid N4tn Debt at Finance Min

04.09.2025
Local contractors under the All Indigenous Contractors Association of Nigeria, on Wednesday, staged a protest at the Headquarters of the Ministry of Finance in Abuja, to demand payment for capital projects executed in 2024, amounting to about N4tn. Speaking during the protest, Secretary of the Association, Babatunde Seun, said the contractors had previously met with...
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NGX Sheds N367bn in Weekly Losses, Downturn Deepens

04.09.2025
The Nigerian Stock Exchange closed Wednesday under pressure, losing a total of N367bn as investors continued to react to market volatility. At the close of the day’s trading session, the All-Share Index shed 623.41 points, representing a 0.45 per cent decline, to close at 138,157.14. The weekly performance reflected a 2.19 per cent loss, while...
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NDPHC to Sell Power Directly, Ending Years of Dormancy

04.09.2025
The Niger Delta Power Holding Company is set to unlock its long-idle power plants by selling electricity directly to eligible customers at cost-reflective tariffs, opening a new channel for its underutilised capacity, DARE OLAWIN reports With over 2,000 megawatts of stranded power, the Niger Delta Power Holding Company is making efforts to end its years...
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Welding Institute Leadership Crisis Rocks Nigerian Oil Secto

04.09.2025
The Nigerian Institute of Welding is currently rocked by a leadership crisis, The PUNCH reports. Our correspondent reports that the NIW mandate includes training, certification, monitoring, supervision and standardisation of welding and related practices in Nigeria as defined in the guidelines of the Nigerian Content Act managed by the Nigerian Content Development and Monitoring Board....
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Tinubu Mandates Health Insurance for Federal MDAs

04.09.2025
President Bola Tinubu has directed the implementation of compulsory health insurance across Ministries, Extra-Ministerial Departments, and Agencies in line with the National Health Insurance Act, 2022. This was disclosed in a statement signed by the Special Adviser to the President (Information & Strategy), Bayo Onanuga, on Wednesday. The NHIA Act, 2022, stipulates compulsory health insurance...
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Africa Energy Summit to Draw Global Investors to Namibia

04.09.2025
The International African Energy, Oil and Gas Summit is set to return to Windhoek, Namibia, from October 6-9, 2025, for its fourth edition. This premier investment platform unites global financiers, high-profile project developers, and key players from Africa and the global energy landscape, according to a statement from the organisers on Wednesday. It stated that...
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AA&R Boosts Agribusiness & Energy in Afri

04.09.2025
AA&R Investment Group has positioned its subsidiaries to take advantage of the opportunities available in the African Continental Free Trade Area, as part of an overall bid to deepen investment in agribusiness, energy, logistics, and information technology. A statement issued by the firm stated that the local holding company, led by Abdullahi Haske, has evolved...
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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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