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Manufacturers Struggle Amid Energy and Credit Burdens

30.05.2025
President Bola Tinubu’s macroeconomic reforms and return to monetary orthodoxy shook the productive sector burdened by high energy costs and interest rates, ARINZE NWAFOR writes. However, industries have remained resilient as the reforms yield results Stakeholders agree that industries need extra support from the Federal Government to bear the burdens of high interest rates and...
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FG Pushes Food Security Amid Agriculture Challenges

30.05.2025
PRINCESS ETUK outlines progress and problems in the Nigeria agricultural sector under President Bola Tinubu’s administration, urging real action to help farmers and fix food security issues As President Bola Tinubu marks his second year in office on May 29, 2025, the agricultural sector, which is central to his Renewed Hope Agenda, has experienced significant...
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Forex Market Liberalisation Boosts Investor Confidence

30.05.2025
The liberalisation of the foreign exchange market, which has led to relative stability in the exchange rate, appears to have renewed investors’ confidence in the country’s economy, FELIX OLOYEDE reports Investors strongly abhor uncertainty because it complicates planning. This was the scenario when the country’s foreign exchange market experienced volatility due to a severe dollar...
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FIRS Promotes e-Invoicing Adoption Among Oil Operators

30.05.2025
The Federal Inland Revenue Service has engaged the players in the oil & gas sector of Nigeria on early integration into the Merchant Buyers Solution interface, ahead of the rollout of Nigeria’s National E-Invoicing System on July 25. Speaking during a stakeholders’ engagement session held in Lagos on Monday with players in the oil &...
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Interswitch Supports Push for Local Tech Innovation

29.05.2025
Integrated payments and digital commerce company Interswitch Group has reiterated calls for African technology stakeholders to champion locally relevant innovations tailored to the continent’s realities and needs. According to a statement from the firm on Wednesday, the call was made at the recently concluded 2025 Africa Soft Power Summit in Nairobi, Kenya. The fourth edition...
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DBN Boosts Climate Finance with Bold Green Declaration

29.05.2025
The Development Bank of Nigeria has launched a ‘Green Declaration’ to boost clean energy and climate finance in the country. According to DBN on Wednesday, the ‘Green Declaration’ is a collective, high-level show of commitment to accelerating Nigeria’s energy transition through climate-smart investment, strategic partnerships, and inclusive financial action. DBN, in a statement, said that...
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Govt Hails Silicon Valley’s Role in Attracting Investors

29.05.2025
The Federal Government has expressed delight over the attraction of foreign investors by the Chairman/Chief Executive Officer of Silicon Valley Nigeria Economic Development, Chief Temitope Labinjo-Ajayi. A statement by the company quoted the Minister of Solid Minerals Development, Dele Alake, as stating this after he met with a delegation led by the Chairman, Allen Le...
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Onne Terminal partners Hapag-Lloyd on shipping services

29.05.2025
Determined to boost shipping services at Onne Port, the West Africa Container Terminal-APM Terminals Nigeria has partnered with Hapag-Lloyd, one of the world’s leading liner shipping companies, as it launched its service at the terminal. Announcing this in a statement on Wednesday, the terminal operator explained that the partnership will ensure weekly shipping services from...
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Oyo community gets solar power for 22-hour supply

29.05.2025
Saki, a community in the Oke-Ogun area of Oyo State, is set to enjoy a minimum of 22 hours of electricity supply daily following the official signing of a 10-megawatt interconnected solar-hybrid power project between De-Janees Concept Limited and Hexing Electrical Company Limited. The signing ceremony, held in Lagos recently, was witnessed by the top...
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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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