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Capital Formation Crucial for Nigeria’s $1 Trillion Economy

The Chartered Institute of Stockbrokers has called on the Federal Government to implement urgent economic reforms to reposition Nigeria’s capital market as a key driver for achieving the country’s $1 tn economic target. In a statement made available to our correspondent on Monday, the Chartered Institute of Stockbrokers said the call follows a one-day workshop...
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Trump Fires Fed Official, Asia Stocks Tumble on Tariff Threa

Asian stocks retreated Tuesday after US President Donald Trump’s series of market-rattling announcements, including an unusual move to fire a central bank official and threats to impose export controls on microchips. Traders had been riding a wave of confidence since Friday’s speech by US Federal Reserve Chairman Jerome Powell, which suggested coming interest rate cuts...
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Nestlé Empowers 2,600 Food Vendors Across 11 States

Nestlé Professional, the Out-of-Home business arm of Nestlé Nigeria, has empowered over 2,600 food vendors across 11 states since the launch of its Business of Food workshop series. The latest edition of the initiative took place in Bauchi State, where 250 food vendors, canteen operators, and caterers received hands-on training to improve their culinary and...
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Customs License Fee Hike Sparks Outrage Among Agents

Licensed customs agents have expressed strong opposition to the House Committee on Customs’ support for the proposed hike in agents’ licenses by the Nigeria Customs Service. The proposed fee hike, which includes a jump from N515,000 to N10m for new licenses and a rise from N215,000 to N4m for renewal fees, has sparked concerns among...
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Whitecrust Finance Empowers 16,000 Civil Servants & Business

Financial services provider Whitecrust Finance Company has revealed that it has made available credit facilities to over 16,000 businesses and individuals to pursue their goals and improve their livelihoods in two years. This was disclosed in a statement made available to The PUNCH on Monday in which the Managing Director of Whitecrust Finance Company, Kingsley...
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International Gangs Fueling Nigeria’s Oil Theft Crisis

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Bashir Ojulari, has revealed that crude oil theft across Africa is driven by specialised international and continental gangs exploiting security lapses. Ojulari made this known on Monday at the opening of the Africa Chief of Defence Staff Conference in Abuja. According to him,...
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Marketers Push for Refinery Revamp

The Nigerian National Petroleum Company Limited generated N20.9tn between April and July 2025. This came as petroleum marketers urged the national oil firm to fast-track the revamp of the Port Harcourt, Warri, and Kaduna refineries, as it’s now generating trillions of naira. Dealers under the aegis of the Independent Petroleum Marketers Association of Nigeria on...
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Nigeria, Brazil Sign Direct Flight Agreement

President Bola Tinubu has signed a landmark Bilateral Air Service Agreement with Brazil, signalling the establishment of direct air links between Nigeria and South America’s largest economy. The agreement was formalised on Monday during Tinubu’s official state visit to Brasília. Media aide to the minister, Tunde Moshood, made this known through a statement. The signing...
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FG Launches Auto Worker Training Center in Lagos

The Federal Government has stated that it is intensifying efforts to increase the number of skilled automotive workers to improve the adoption of made-in-Nigeria vehicles. The Minister of State for Industry, Senator John Enoh, on Monday in Lagos at the commissioning of the National Automotive Design and Development Council’s Training Centre at the Lagos State...
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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...