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Amaanah Finance unveils non-interest banking services

02.02.2026
A non-interest finance bank, Amaanah Finance, will on Monday (today) officially commence operations, introducing a new ethical approach to investing, financing, and wealth creation in the country. The institution, in a statement on Sunday, said it is built on the principles of transparency, partnership, and real economic impact. According to the statement, the bank offers...
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How Nigeria’s financial reforms led to EU list removal

02.02.2026
Sweeping financial sector reforms strengthened transparency, tightened oversight, and rebuilt global confidence, ultimately helping Nigeria secure removal from the European Union’s high-risk list, JUSTICE OKAMGBA reports The European Union’s decision to remove Nigeria from its list of high-risk jurisdictions for money laundering and terrorism financing has underscored the tangible benefits of reforms implemented by the...
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Nigeria & Türkiye in research commercialisation talks

02.02.2026
Nigeria has stepped up talks with Türkiye on converting publicly funded research into commercial products, as Africa’s largest economy looks to harness innovation to support growth and industrial development. The discussions were held during meetings in Türkiye on the sidelines of President Bola Tinubu’s official visit this week, according to Nigeria’s Minister of Innovation, Science...
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Ikere Gorge Dam Concession to Create 10,000 Jobs

02.02.2026
The Federal Government has announced that the concession of the Ikere hydropower plant in Iseyin Local Government Area of Oyo State will generate over 10,000 direct and indirect jobs, while boosting power supply by six megawatts to the state and neighbouring states. The Minister of Power, Bayo Adelabu, made the announcement during the handover of...
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Otedola defends First Bank’s N748bn loan write-off

02.02.2026
Group Chairman of First Bank Holdings, Mr Femi Otedola, has defended the company’s decision to take a one-time charge of N748bn to clear legacy bad loans, describing the move as a strategic step toward long-term stability despite its impact on reported profits. The billionaire businessman disclosed this via his X handle on Saturday, explaining that...
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How XchangeBox is solving Nigerian farmers finance issues

02.02.2026
In this interview with JUSTICE OKAMGBA, XchangeBox Chief Executive Officer Abiola Jimoh says stringent collateral requirements and delayed payments are constraining Nigerian farmers, eroding their cash flow, pushing them toward costly informal borrowing, and curbing their ability to expand operations Why do Nigerian farmers and small businesses continue to struggle to access loans despite the...
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FG’s N105bn housing budget deemed inadequate by experts

02.02.2026
The Federal Government has increased the budgetary allocation to the Federal Ministry of Housing and Urban Development by seven per cent, raising it from N98.13bn in 2025 to N105bn in the 2026 Appropriation Bill. Budget documents show that the allocation is intended to support housing delivery, urban renewal, renewable energy projects, and federal infrastructure nationwide....
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Elizade JAC & Sterling Bank Offer Auto Financing in Nigeria

01.02.2026
Elizade JAC Autoland Limited says it has entered into a strategic partnership with Sterling Bank Plc to expand access to brand-new vehicles for Nigerians through structured and flexible financing options of up to four years, as both organisations seek to ease long-standing barriers to vehicle ownership. According to a statement made available to The PUNCH...
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NCAA Mandates Accessible Air Travel Options on Tickets

01.02.2026
The Nigeria Civil Aviation Authority has given a seven-day ultimatum to all domestic airlines to integrate a mandatory special needs assistance option on their ticket reservation platforms to improve access for passengers with disabilities and persons with reduced mobility. The directive was contained in a statement signed by the Director of Public Affairs and Consumer...
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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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