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Innocent Ohagwa Takes the He

16.06.2025
The Chartered Institute of Taxation of Nigeria has inaugurated its 17th president, Innocent Ohagwa. Ohagwa was decorated with his insignia of office at the investiture that took place in Lagos on Saturday. Ohagwa is a Chartered Accountant, Chartered Tax Professional, former banker, and Certified Information Systems Auditor with a 36-year career spanning expertise in finance,...
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United Capital Launches Francophone Asset Management Arm

16.06.2025
United Capital Plc has announced the launch of a new subsidiary, United Capital Asset Management West Africa Limited, in Abidjan, Côte d’Ivoire, marking its first licensed and operational footprint in Francophone West Africa. The disclosure, which was filed with the Nigerian Exchange on Friday, represents a significant milestone in the group’s pan-African expansion strategy. Licensed...
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5,500MW Generation Amid Huge Gas Reser

16.06.2025
The Association of Nigerian Electricity Distributors have decried Nigeria’s low power generation despite its enormous gas reserves. It expressed sadness that Nigeria, a country of over 200 million people, still grapples with 5,500 megawatts while South Africa generates over 50,000 megawatts with its 64 million population. The Executive Director of Research and Advocacy for ANED,...
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$40m to Protect Poor Nigerians

16.06.2025
The World Bank has allocated $40m to support the expansion of financial protection for poor and vulnerable Nigerians under a new loan-backed health programme approved for the country. Sunday PUNCH learnt that the loan project, which was approved on September 26, 2024, by the World Bank, includes a $500m credit facility from the International Development...
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Good for Business? Experts Weigh In

16.06.2025
Marketing professionals say businesses can remain profitable while complying with environmental policies such as the Lagos State ban on single-use plastics. In separate interviews with marketing experts, they explained that businesses had no reason to worry about sustainability practices shrinking their bottom line. Restrictions on plastic, including a ban on SUPs in Lagos State, are among...
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Nigeria Flooding: Mismanagement Blamed – CORBON

16.06.2025
The Council of Registered Builders of Nigeria has called for urgent action to transform Nigeria’s rivers from threats into strategic economic assets, noting that floodplain mismanagement was responsible for flooding in the country. The council’s Chairman, Dr Samson Opaluwah, who disclosed this in a recent interview, expressed deep concern over the ongoing devastation caused by...
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ACCI Urges Nigeria to Maximize Potential

16.06.2025
The President of the Abuja Chamber of Commerce and Industry, Chief Emeka Obegolu, SAN, has said that Nigeria and other African countries are ready to unlock economic potential in space at the Africa Space Economy Conference and Exhibition. He urged the Federal Government and the governments of other African nations to work towards maximising the...
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Oshiomhole, Air Peace Clash Sparks Investigation

16.06.2025
The umbrella association of indigenous carriers – Airlines Operators of Nigeria, has condemned the recent actions of Senator Adams Oshiomhole at the Lagos airport, describing it as unruly and unacceptable. This came as the Minister of Aviation and Aerospace Development, Festus Keyamo, has ordered a full-scale investigation into the matter and directed all aviation agencies...
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Moove Seeks $300M: Nigerian Startup’s Unicorn Bid

16.06.2025
Mobility company, Moove, is reportedly in discussions to raise $300m in fresh capital, a move that could push its valuation beyond the $1bn mark and earn it coveted unicorn status. This development comes after The PUNCH reported in January that the Uber-backed startup acquired Brazil’s Kovi, a car rental company, as part of its strategy...
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May & Baker, Stanbic IBTC Lead

15.06.2025
The stock market ended the week on a positive note on Friday, recording a gain of ₦486 billion. The market only traded for three days as Monday and Thursday were declared public holidays for Eid Kabir and Democracy Day. Market capitalisation rose by ₦486 billion or 0.67 per cent, closing at ₦72.788 trillion, up from...
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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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